Latest news with #Veldhoven
Yahoo
16-07-2025
- Business
- Yahoo
ASML reports €7.7 billion total net sales and €2.3 billion net income in Q2 2025
ASML reports €7.7 billion total net sales and €2.3 billion net income in Q2 2025 Full-year 2025 expected total net sales growth of around 15% with gross margin around 52% VELDHOVEN, the Netherlands, July 16, 2025 – Today, ASML Holding NV (ASML) has published its 2025 second-quarter results. Q2 total net sales of €7.7 billion, gross margin of 53.7%, net income of €2.3 billion Quarterly net bookings in Q2 of €5.5 billion2 of which €2.3 billion is EUV ASML expects Q3 2025 total net sales between €7.4 billion and €7.9 billion, and a gross margin between 50% and 52% ASML expects a full-year 2025 total net sales increase of around 15% relative to 2024, with a gross margin of around 52% (Figures in millions of euros unless otherwise indicated) Q1 2025Q2 2025 Total net sales 7,7427,692 ...of which Installed Base Management sales1 2,0012,096 New lithography systems sold (units) 7367 Used lithography systems sold (units) 49 Net bookings2 3,9365,541 Gross profit 4,1804,130 Gross margin (%) 54.053.7 Net income 2,3552,290 EPS (basic; in euros) 6.005.90 End-quarter cash and cash equivalents and short-term investments 9,1047,248 (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. Numbers have been rounded for readers' convenience. A complete summary of US GAAP Consolidated Statements of Operations is published on CEO statement and outlook"Our second-quarter total net sales came in at €7.7 billion, at the top end of our guidance. The gross margin was 53.7%, above guidance, primarily driven by higher upgrade business and one-offs resulting in lower costs. "We see continued progress in litho intensity, particularly in DRAM, and the introduction of the TWINSCAN NXE:3800E reinforces that momentum. Meanwhile, EUV adoption is advancing as planned, including High NA. This quarter, we shipped the first TWINSCAN EXE:5200B system. 'Looking at 2026, we see that our AI customers' fundamentals remain strong. At the same time, we continue to see increasing uncertainty driven by macro-economic and geopolitical developments. Therefore, while we still prepare for growth in 2026, we cannot confirm it at this stage. "We expect third-quarter total net sales between €7.4 billion and €7.9 billion, with a gross margin between 50% and 52%. We expect R&D costs of around €1.2 billion and SG&A costs of around €310 million. For the full year 2025, we expect a 15% increase in total net sales and a gross margin of around 52%," said ASML President and Chief Executive Officer Christophe Fouquet. Update dividend and share buyback programAn interim dividend of €1.60 per ordinary share will be made payable on August 6, 2025. In the second quarter, we purchased around €1.4 billion worth of shares under the current 2022–2025 share buyback program. Details of the share buyback program as well as transactions pursuant thereto, and details of the dividend are published on ASML's website ( 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 Sarah de Crescenzo +1 925 899 8985 Quarterly video interview and investor callWith this press release, ASML is publishing a video interview in which CEO Christophe Fouquet and CFO Roger Dassen discuss the 2025 second quarter and outlook for 2025. This video and the video transcript can be viewed on 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 July 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 44,000 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 US GAAP and IFRS Financial 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 US GAAP Consolidated Statements of Operations, Consolidated Statements of Cash Flows and Consolidated Balance Sheets are available on The Consolidated Balance Sheets of ASML Holding N.V. as of June 29, 2025, the related Consolidated Statements of Operations and Consolidated Statements of Cash Flows for the quarter and six-month period ended June 29, 2025, as presented in this press release, are unaudited. Today, July 16, 2025, ASML also published its Statutory Interim Report for the six-month period ended June 29, 2025. The Statutory Interim Report is available on Regulated informationThis 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 2025 second-half outlook, expected results for Q3 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 IBM sales, expected full-year net sales growth percentage relative to 2024, current expectations relating to 2026 including expected drivers and uncertainties and preparation for growth in 2026, statements made at our 2024 Investor Day, including modelled revenue and gross margin opportunity for 2030, statements with respect to 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 commitments 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', 'commitment' 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, semiconductor market conditions, 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, delays 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 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 commitments 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. Attachments Link to press release Link to consolidated financial statements
Free Malaysia Today
15-07-2025
- Business
- Free Malaysia Today
ASML's 2026 growth outlook hinges on Q2 bookings
ASML has lost around 30% in market value since peaking one year ago, reflecting investor concern over its growth prospects. (EPA Images pic) VELDHOVEN : Investors are hoping that ASML's bookings are robust enough to support its 2026 growth ambitions when the world's biggest chip-making equipment supplier reports its second-quarter (Q2) earnings tomorrow. The Dutch firm has lost around 30% in market value since peaking one year ago, reflecting investor concern over its growth prospects. At an investor event last November, the maker of the EUV machine – the backbone of AI chipmaking – said it saw 2026 as a growth year but didn't specify how much growth it anticipated. Analysts see the Q2 as a 'make or break' period which will determine its outlook for 2026, considering delivery times typically take around 12 months. 'ASML would need to double our Q2 order estimates (of €5.3 billion) to comfort our 2026 revenue forecast,' Barclays analyst Simon Coles told Reuters. Analysts, on average, expect Q2 bookings to reach €4.44 billion, according to a consensus compiled by researcher Visible Alpha, and €21.3 billion for the full year. TSMC, China demand Hitting those forecasts depends largely on orders from the world's top contract chipmaker TSMC, analyst Marc Hesselink of ING said. The company, which is also ASML's top customer, is expected to order the tools it needs for its upcoming manufacturing process, N2, this year. 'We see a better-than-expected demand and order from TSMC and China players, but lower-than-expected demand and order from Intel and Samsung,' said Kevin Wang, analyst at Mizuho. 'Positive news on talks with clients over future orders would also offer reassurance that it will meet current market forecasts,' said Hesselink. ASML still has a long way to go in 2025 to fulfill booking expectations for its lithography systems, after net bookings, the industry's most closely watched figure, came in at €3.9 billion (US$4.6 billion) in the first quarter, missing estimates, analysts said. Its earnings will provide a gauge of the resilience of China's chipmakers, which have been buying lower-end ASML equipment not impacted by export restrictions. That demand helped the company beat first-quarter forecasts. Last October, ASML projected Chinese orders would fall to a 20% share of all machine sales in 2025. In fact, they constituted 27% of machine sales, steady from a quarter earlier. Analysts expect that trend to continue unless US export curbs are further extended to apply to the older equipment.
Yahoo
15-07-2025
- Business
- Yahoo
ASML's 2026 growth outlook hinges on second-quarter bookings
By Nathan Vifflin VELDHOVEN (Reuters) -Investors are hoping that ASML's bookings are robust enough to support its 2026 growth ambitions when the world's biggest chip-making equipment supplier reports its second-quarter earnings on Wednesday. The Dutch firm has lost around 30% in market value since peaking one year ago, reflecting investor concern over its growth prospects. At an investor event last November, the maker of the EUV machine - the backbone of AI chipmaking - said it saw 2026 as a growth year but didn't specify how much growth it anticipated. Analysts see the second quarter as a "make or break" period which will determine its outlook for 2026, considering delivery times typically take around 12 months. "ASML would need to double our second-quarter order estimates (of 5.3 billion euros) to comfort our 2026 revenue forecast," Barclays analyst Simon Coles told Reuters. Analysts, on average, expect second-quarter bookings to reach 4.44 billion euros, according to a consensus compiled by researcher Visible Alpha, and 21.3 billion euros for the full-year. TSMC, CHINA DEMAND Hitting those forecasts depends largely on orders from the world's top contract chipmaker TSMC, analyst Marc Hesselink of ING said. The company, which is also ASML's top customer, is expected to order the tools it needs for its upcoming manufacturing process, N2, this year. "We see a better-than-expected demand and order from TSMC and China players, but lower-than-expected demand and order from Intel and Samsung," said Kevin Wang, analyst at Mizuho. Positive news on talks with clients over future orders would also offer reassurance that it will meet current market forecasts, said Hesselink. ASML still has a long way to go in 2025 to fulfill booking expectations for its lithography systems, after net bookings, the industry's most closely watched figure, came in at 3.9 billion euro ($4.6 billion) in the first quarter, missing estimates, analysts say. Its earnings will provide a gauge of the resilience of China's chipmakers, which have been buying lower-end ASML equipment not impacted by export restrictions. That demand helped the company beat first-quarter forecasts. Last October, ASML projected Chinese orders would fall to a 20% share of all machine sales in 2025. In fact, they constituted 27% of machine sales, steady from a quarter earlier. Analysts expect that trend to continue unless U.S. export curbs are further extended to apply to the older equipment. ($1 = 0.8552 euros) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
South China Morning Post
26-06-2025
- Business
- South China Morning Post
ASML launches science project in China to discover new talent in lithography
European chip equipment giant ASML has launched a project designed to discover and foster key engineering talent in China, in the latest show of its commitment to the market despite intensified US restrictions on advanced chipmaking technologies. Advertisement The Dutch lithography system maker has launched a science competition aimed at deepening public understanding of lithography – the critical process of etching circuit patterns onto silicon wafers – and fostering new tech talent in the country, according to a post on its official WeChat account. The online competition, open from late June through early July, and featuring 20 questions, targets Chinese semiconductor professionals and science enthusiasts. The top 16 contestants would have the opportunity to interview for a job at the company, while another 75 top scorers would be included in the firm's potential talent pool, according to its statement. The competition is committed to creating a 'window for contestants to deeply explore lithography technology', while cultivating talent to 'jointly promote the evolution of Moore's Law', according to the statement. An engineer works on a Twinscan DUV lithography system at ASML in Veldhoven, Netherlands, on June 16, 2023. Photo: Reuters The initiative signals ASML's willingness to invest in and search for new talent in China, despite the fact that Washington has been tightening restrictions on the country's access to advanced chipmaking technologies, including those from US allies such as the Netherlands and Japan. Advertisement
Yahoo
10-06-2025
- Business
- Yahoo
ASML reports transactions under its current share buyback program
ASML reports transactions under its current share buyback program VELDHOVEN, the Netherlands – ASML Holding N.V. (ASML) reports the following transactions, conducted under ASML's current share buyback program. Date Total repurchased shares Weighted average price Total repurchased value 02-Jun-25 19,108 €643.47 €12,295,377 03-Jun-25 19,061 €644.85 €12,291,429 04-Jun-25 18,665 €658.71 €12,294,731 05-Jun-25 18,664 €658.73 €12,294,540 06-Jun-25 18,542 €663.09 €12,295,102 ASML's current share buyback program was announced on 10 November 2022, and details are available on our website at This regular update of the transactions conducted under the buyback program is to be made public under the Market Abuse Regulation (Nr. 596/2014). Media Relations Contacts Investor Relations Contacts Monique Mols, phone +31 6 528 444 18 Jim Kavanagh, phone +31 40 268 3938 Pete Convertito, phone +1 203 919 1714 Peter Cheang, phone +886 3 659 6771
