Asml Holding N.v Stock Earnings Reports

ASML reported Q1 2026 net sales of EUR 8.8 billion, with Installed Base revenue of EUR 2.5 billion and Q1 gross margin at 53% (net income EUR 2.8 billion). For Q2 2026 management guided EUR 8.4–9.0 billion in sales with a 51–52% gross margin and EUR 2.5 billion of Installed Base revenue. For full-year 2026 ASML narrowed and raised its revenue outlook to EUR 36–40 billion while maintaining a gross margin expectation of 51–53%. Management cited strong, sustained demand driven by AI infrastructure — customers are sold out for 2026 and capacity constraints are expected to persist beyond 2026 — leading to increased capex from both memory and advanced logic customers. ASML said it will boost supply via new shipments, system performance upgrades and Installed Base products: targeting at least 60 EUV Low NA systems in 2026 and the potential to reach at least 80 Low NA EUV units in 2027 (contingent on customer demand). Non-EUV (immersion, dry, applications) demand has picked up versus earlier expectations. On technology, ASML highlighted key progress: a demonstrated 1,000-watt EUV source (enabling future throughput up to ~330 wafers/hour on Low NA by 2031), short-term NXE:3800E throughput increased to 230 wph and NXE:3800F spec to 260 wph, and encouraging High NA ecosystem and tool maturity enabling multi-node extension. Management also noted the company can accommodate potential outcomes from ongoing export control discussions within the provided guidance.