ASML exceeds Q2 expectations and raises 2026 outlook
“Sustained AI investments and technological advancements are driving demand for advanced logic and memory semiconductors. As customers accelerate plans to expand production capacity, visibility into long-term demand has also improved.” – stated ASML CEO Christophe Fouquet.
About ASML
Headquartered in Veldhoven, the Netherlands, ASML specializes in the production of extreme ultraviolet (EUV) lithography systems. These tools are essential for etching microscopic circuit patterns onto silicon wafers, enabling the manufacture of chips that power a wide range of technologies, from AI data centers to smartphones. ASML's technology currently plays an important part in the artificial intelligence value chain.
Strong Financial Performance and Growth Outlook
ASML is once again raising the bar. In the second quarter, ASML’s net sales increased by 21% to €9.3 billion, surpassing market expectations. Net profit reached €2.92 billion, exceeding the consensus estimate of €2.62 billion and representing a 27% increase compared to the same period last year.
Furthermore, the company raised its full-year net sales guidance for 2026 from the previous range of €36 billion to €40 billion to a new target of €43 billion to €45 billion. Gross profit margin guidance was also increased from 51%-53% to 54%-56%. ASML also plans to expand its production capacity for both low numerical aperture (NA) EUV and deep ultraviolet (DUV) immersion lithography systems by 30% in 2027, with considerations for an additional 30% increase in 2028.
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