ASML reports Q1 EPS EUR 6.00 vs. EUR 3.11 last year

Reports Q1 revenue EUR 7.74B vs. EUR 5.29B last year. “Our first-quarter total net sales came in at EUR 7.7 billion, in line with our guidance. The gross margin was 54.0%, above guidance, driven by a favorable EUV product mix and the achievement of performance milestones. In the first quarter, we shipped our fifth High NA system, and we now have these systems at three customers. 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 EUR 7.2 billion and EUR 7.7 billion, with a gross margin between 50% and 53%3. We expect R&D costs of around EUR 1.2 billion and SG&A costs of around EUR 300 million. As we previously communicated, we expect total net sales for the year between EUR 30 billion and EUR 35 billion, with a gross margin between 51% and 53%, subject to the uncertainties mentioned earlier,” said ASML (ASML) president and CEO Christophe Fouquet.