ASML reports €7.7 billion total net sales and €2.4 billion net income in Q1 2025
ASML reported Q1 2025 financial results with total net sales of €7.7 billion, achieving a gross margin of 54.0% and net income of €2.4 billion. Quarterly net bookings reached €3.9 billion, including €1.2 billion in EUV systems.
The company shipped its fifth High NA system in Q1, now having systems at three customers. For Q2 2025, ASML expects total net sales between €7.2-7.7 billion with a gross margin of 50-53%. The full-year 2025 outlook remains at €30-35 billion in total net sales with a 51-53% gross margin.
ASML plans to increase its dividend to €6.40 per share for 2024, up 4.9% from 2023. In Q1, the company purchased approximately €2.7 billion worth of shares under its current buyback program. While artificial intelligence continues driving industry growth, recent tariff announcements have increased market uncertainty.
ASML ha comunicato i risultati finanziari del primo trimestre 2025 con vendite nette totali di 7,7 miliardi di euro, raggiungendo un margine lordo del 54,0% e un utile netto di 2,4 miliardi di euro. Le prenotazioni nette trimestrali hanno raggiunto i 3,9 miliardi di euro, di cui 1,2 miliardi relativi ai sistemi EUV.
La società ha spedito il suo quinto sistema High NA nel primo trimestre, contando ora sistemi presso tre clienti. Per il secondo trimestre 2025, ASML prevede vendite nette totali tra 7,2 e 7,7 miliardi di euro con un margine lordo tra il 50% e il 53%. Le previsioni per l'intero anno 2025 rimangono tra i 30 e i 35 miliardi di euro di vendite nette totali con un margine lordo del 51-53%.
ASML intende aumentare il dividendo a 6,40 euro per azione per il 2024, con un incremento del 4,9% rispetto al 2023. Nel primo trimestre, la società ha acquistato azioni per un valore di circa 2,7 miliardi di euro nell’ambito del programma di buyback in corso. Mentre l’intelligenza artificiale continua a guidare la crescita del settore, le recenti comunicazioni sulle tariffe hanno aumentato l’incertezza del mercato.
ASML informó los resultados financieros del primer trimestre de 2025 con ventas netas totales de 7,7 mil millones de euros, logrando un margen bruto del 54,0% y un ingreso neto de 2,4 mil millones de euros. Las reservas netas trimestrales alcanzaron los 3,9 mil millones de euros, incluyendo 1,2 mil millones en sistemas EUV.
La compañía envió su quinto sistema High NA en el primer trimestre, contando ahora con sistemas en tres clientes. Para el segundo trimestre de 2025, ASML espera ventas netas totales entre 7,2 y 7,7 mil millones de euros con un margen bruto del 50-53%. La previsión para todo el año 2025 se mantiene en 30-35 mil millones de euros en ventas netas totales con un margen bruto del 51-53%.
ASML planea aumentar su dividendo a 6,40 euros por acción para 2024, un 4,9% más que en 2023. En el primer trimestre, la compañía compró aproximadamente 2,7 mil millones de euros en acciones bajo su programa actual de recompra. Mientras la inteligencia artificial sigue impulsando el crecimiento de la industria, los recientes anuncios de aranceles han aumentado la incertidumbre del mercado.
ASML은 2025년 1분기 재무 실적을 발표하며 총 순매출 77억 유로, 총이익률 54.0%, 순이익 24억 유로를 기록했습니다. 분기 순수주액은 39억 유로에 달했으며, 이 중 12억 유로는 EUV 시스템 관련입니다.
회사는 1분기에 다섯 번째 High NA 시스템을 출하했으며, 현재 세 곳의 고객사에 시스템을 공급하고 있습니다. 2025년 2분기에는 총 순매출이 72억~77억 유로, 총이익률은 50~53%로 예상됩니다. 2025년 전체 연간 전망은 총 순매출 300억~350억 유로, 총이익률 51~53%로 유지됩니다.
ASML은 2024년 배당금을 주당 6.40유로로 2023년 대비 4.9% 인상할 계획입니다. 1분기에는 현재 진행 중인 자사주 매입 프로그램을 통해 약 27억 유로 상당의 주식을 매입했습니다. 인공지능이 산업 성장을 견인하는 가운데, 최근 관세 발표로 시장 불확실성이 증가하고 있습니다.
ASML a publié ses résultats financiers du premier trimestre 2025 avec un chiffre d'affaires net total de 7,7 milliards d'euros, un taux de marge brute de 54,0 % et un bénéfice net de 2,4 milliards d'euros. Les commandes nettes trimestrielles ont atteint 3,9 milliards d'euros, dont 1,2 milliard en systèmes EUV.
L'entreprise a livré son cinquième système High NA au premier trimestre, disposant désormais de systèmes chez trois clients. Pour le deuxième trimestre 2025, ASML prévoit un chiffre d'affaires net total compris entre 7,2 et 7,7 milliards d'euros avec une marge brute de 50 à 53 %. Les perspectives pour l'année complète 2025 restent entre 30 et 35 milliards d'euros de chiffre d'affaires net total avec une marge brute de 51 à 53 %.
ASML prévoit d'augmenter son dividende à 6,40 euros par action pour 2024, soit une hausse de 4,9 % par rapport à 2023. Au premier trimestre, la société a racheté pour environ 2,7 milliards d'euros d'actions dans le cadre de son programme de rachat actuel. Alors que l'intelligence artificielle continue de stimuler la croissance du secteur, les récentes annonces de tarifs ont accru l'incertitude du marché.
ASML meldete die Finanzergebnisse für das erste Quartal 2025 mit einem Gesamtumsatz von 7,7 Milliarden Euro, einer Bruttomarge von 54,0 % und einem Nettogewinn von 2,4 Milliarden Euro. Die Quartalsnettoaufträge erreichten 3,9 Milliarden Euro, davon 1,2 Milliarden Euro für EUV-Systeme.
Das Unternehmen lieferte im ersten Quartal sein fünftes High NA-System aus und hat nun Systeme bei drei Kunden installiert. Für das zweite Quartal 2025 erwartet ASML einen Gesamtumsatz zwischen 7,2 und 7,7 Milliarden Euro bei einer Bruttomarge von 50-53 %. Die Prognose für das Gesamtjahr 2025 bleibt bei einem Gesamtumsatz von 30-35 Milliarden Euro und einer Bruttomarge von 51-53 %.
ASML plant, die Dividende für 2024 auf 6,40 Euro je Aktie zu erhöhen, was einer Steigerung von 4,9 % gegenüber 2023 entspricht. Im ersten Quartal kaufte das Unternehmen im Rahmen seines aktuellen Aktienrückkaufprogramms Aktien im Wert von etwa 2,7 Milliarden Euro zurück. Während künstliche Intelligenz weiterhin das Branchenwachstum antreibt, haben jüngste Zollankündigungen die Markunsicherheit erhöht.
- Strong Q1 gross margin of 54.0%, exceeding guidance
- Successful deployment of fifth High NA system to third customer
- 4.9% dividend increase to €6.40 per share
- Significant share buyback of €2.7 billion in Q1
- AI driving industry growth and market opportunities
- Quarter-over-quarter decline in net sales from €9.26B to €7.74B
- Decrease in new lithography systems sold from 119 to 73 units
- Sharp decline in net bookings from €7.09B to €3.94B
- Increased uncertainty due to recent tariff announcements
- Cash and investments decreased from €12.74B to €9.10B
Insights
ASML delivered Q1 2025 results that were in line with guidance, reporting
The quarter saw mixed signals with sequential declines in several key metrics compared to Q4 2024. Net bookings fell to
Looking ahead, ASML maintains its full-year 2025 revenue guidance of
The company's dividend increase of
ASML's technical leadership remains intact with their fifth High NA system shipment, now deployed at three different customers, reinforcing their dominant semiconductor equipment market position.
ASML reports
2025 total net sales expected to be between
VELDHOVEN, the Netherlands, April 16, 2025 – Today, ASML Holding NV (ASML) has published its 2025 first-quarter results.
- Q1 total net sales of
€7.7 billion , gross margin of54.0% , net income of€2.4 billion - Quarterly net bookings in Q1 of
€3.9 billion 2 of which€1.2 billion is EUV - ASML expects Q2 2025 total net sales between
€7.2 billion and€7.7 billion , and a gross margin between50% and53% 3 - ASML continues to expect 2025 total net sales to be between
€30 billion and€35 billion , with a gross margin between51% and53%
| (Figures in millions of euros unless otherwise indicated) | Q4 2024 | | Q1 2025 |
| Total net sales | 9,263 | | 7,742 |
| ...of which Installed Base Management sales1 | 2,147 | | 2,001 |
| New lithography systems sold (units) | 119 | | 73 |
| Used lithography systems sold (units) | 13 | | 4 |
| Net bookings2 | 7,088 | | 3,936 |
| Gross profit | 4,790 | | 4,180 |
| Gross margin (%) | 51.7 | | 54.0 |
| Net income | 2,693 | | 2,355 |
| EPS (basic; in euros) | 6.85 | | 6.00 |
| End-quarter cash and cash equivalents and short-term investments | 12,741 | | 9,104 |
(1) Installed Base Management sales equals our net service and field option sales.
(2) Net bookings include all system sales orders and inflation-related adjustments, for which written authorizations have been accepted.
(3) The bandwidth for Q2 2025 gross margin guidance is larger than usual, given the uncertainty around the impact of tariffs.
Numbers have been rounded for readers' convenience. A complete summary of US GAAP Consolidated Statements of Operations is published on www.asml.com.
CEO statement and outlook
"Our first-quarter total net sales came in at
"Our conversations so far with customers support our expectation that 2025 and 2026 will be growth years. However, the recent tariff announcements have increased uncertainty in the macro environment and the situation will remain dynamic for a while. As previously shared, artificial intelligence continues to be the primary growth driver in our industry. It has created a shift in the market dynamics that benefits some customers more than others, contributing to both upside potential and downside risks as reflected in our 2025 revenue range.
"We expect second-quarter total net sales between
Update dividend and share buyback program
ASML intends to declare a total dividend for the year 2024 of
Recognizing the three interim dividends of
In the first quarter, we purchased around
Details of the share buyback program as well as transactions pursuant thereto, and details of the dividend are published on ASML's website (www.asml.com/investors).
| Media Relations contacts | Investor Relations contacts |
| Monique Mols +31 6 5284 4418 | Jim Kavanagh +31 40 268 3938 |
| Willem van Ewijk +31 6 2744 1187 | Pete Convertito +1 203 919 1714 |
| Karen Lo +886 9 397 88635 | Peter Cheang +886 3 659 6771 |
Quarterly video interview and investor call
With this press release, ASML is publishing a video interview in which CEO Christophe Fouquet and CFO Roger Dassen discuss the 2025 first-quarter and outlook for 2025. This video and the video transcript can be viewed on www.asml.com shortly after the publication of this press release.
An investor call for both investors and the media will be hosted by CEO Christophe Fouquet and CFO Roger Dassen on April 16, 2025 at 15:00 Central European Time / 09:00 US Eastern Time. Details can be found on our website.
About ASML
ASML is a leading supplier to the semiconductor industry. The company provides chipmakers with hardware, software and services to mass produce the patterns of integrated circuits (microchips). Together with its partners, ASML drives the advancement of more affordable, more powerful, more energy-efficient microchips. ASML enables groundbreaking technology to solve some of humanity's toughest challenges, such as in healthcare, energy use and conservation, mobility and agriculture. ASML is a multinational company headquartered in Veldhoven, the Netherlands, with offices across EMEA, the US and Asia. Every day, ASML’s more than 44,100 employees (FTE) challenge the status quo and push technology to new limits. ASML is traded on Euronext Amsterdam and NASDAQ under the symbol ASML. Discover ASML – our products, technology and career opportunities – at www.asml.com.
US GAAP Reporting
ASML's primary accounting standard for quarterly earnings releases and annual reports is US GAAP, the accounting principles generally accepted in the United States of America. Quarterly summary US GAAP consolidated statements of operations, consolidated statements of cash flows and consolidated balance sheets are available on www.asml.com.
The consolidated balance sheets of ASML Holding N.V. as of March 30, 2025, the related consolidated statements of operations and consolidated statements of cash flows for the quarter and three months ended March 30, 2025 as presented in this press release are unaudited.
Regulated information
This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
Forward Looking Statements
This document and related discussions contain statements that are forward-looking within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements with respect to plans, strategies, expected trends, including trends in the semiconductor industry and end markets and business environment trends, expected growth in the semiconductor industry by 2030, our expectation that AI will be the key driver for the industry and the expected impact of AI demand on our business and results, our expectation that lithography will remain at the heart of customer innovation, expected demand, bookings, outlook of market segments, outlook and expected financial results including expected results for Q2 2025, including net sales, Installed Base Management sales, gross margin, R&D costs, SG&A costs, outlook for full year 2025, including expected full year 2025 total net sales, gross margin, estimated annualized effective tax rate and expected growth in IBM sales, the expectation that 2025 and 2026 will be growth years, statements made at our 2024 Investor Day, including revenue and gross margin opportunity for 2030, statements with respect to the recent US tariff announcements and the expected impact of such tariffs on our business and results, our expectation to continue to return significant amounts of cash to shareholders through growing dividends and share buybacks, statements with respect to our share buyback program, and statements with respect to dividends, statements with respect to expected performance and capabilities of our systems and customer plans, statements with respect to our ESG strategy and other non- historical statements. You can generally identify these statements by the use of words like “may”, “expect”, “will”, “could”, “should”, “project”, “believe”, “anticipate”, “expect”, “plan”, “estimate”, “forecast”, “potential”, “intend”, “continue”, “target”, “future”, “progress”, “goal”, “model”, “opportunity” and variations of these words or comparable words. These statements are not historical facts, but rather are based on current expectations, estimates, assumptions, plans and projections about our business and our future financial results and readers should not place undue reliance on them. Forward- looking statements do not guarantee future performance and involve a number of substantial known and unknown risks and uncertainties. These risks and uncertainties include, without limitation, risks relating to customer demand, semiconductor equipment industry capacity, worldwide demand for semiconductors and semiconductor manufacturing capacity, lithography tool utilization and semiconductor inventory levels, general trends and consumer confidence in the semiconductor industry, the impact of general economic conditions, including the impact of the current macroeconomic environment on the semiconductor industry, uncertainty around a market recovery including the timing thereof, the ultimate impact of AI on our industry and business, the impact of inflation, interest rates, wars and geopolitical developments, the impact of pandemics, the performance of our systems, the success of technology advances and the pace of new product development and customer acceptance of and demand for new products, our production capacity and ability to adjust capacity to meet demand, supply chain capacity, timely availability of parts and components, raw materials, critical manufacturing equipment and qualified employees, our ability to produce systems to meet demand, the number and timing of systems ordered, shipped and recognized in revenue, risks relating to fluctuations in net bookings and our ability to convert bookings into sales, the risk of order cancellation or push outs and restrictions on shipments of ordered systems under export controls, risks relating to the trade environment, import/export and national security regulations and orders and their impact on us, including the impact of changes in export regulations and the impact of such regulations on our ability to obtain necessary licenses and to sell our systems and provide services to certain customers, the impact of the recent tariff announcements, exchange rate fluctuations, changes in tax rates, available liquidity and free cash flow and liquidity requirements, our ability to refinance our indebtedness, available cash and distributable reserves for, and other factors impacting, dividend payments and share repurchases, the number of shares that we repurchase under our share repurchase program, our ability to enforce patents and protect intellectual property rights and the outcome of intellectual property disputes and litigation, our ability to meet ESG goals and execute our ESG strategy, other factors that may impact ASML’s business or financial results, and other risks indicated in the risk factors included in ASML’s Annual Report on Form 20-F for the year ended December 31, 2024 and other filings with and submissions to the US Securities and Exchange Commission. These forward-looking statements are made only as of the date of this document. We undertake no obligation to update any forward-looking statements after the date of this report or to conform such statements to actual results or revised expectations, except as required by law.
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