Jan 29, 2025 / 06:00AM GMT
Unidentified Company Representative
Hello and welcome to ASML's Q4 and full year 2024 results video. Let me start by welcoming Christophe and Roger.
Questions and Answers:
Unidentified Company RepresentativeIf I can start with you, Roger, can you give us an overview of Q4 and full year 2024 results?
Roger Dassen - ASML Holding NV - Chief Financial Officer, Executive Vice President, Member of the Board of Management
Absolutely, Jim. So Q4 net sales came in at EUR9.3 billion, which is a bit higher than we guided, primarily driven by installed base business, which came in at EUR2.1 billion. So that was quite a bit higher than we guided.
For the full year, we're looking at EUR28.3 billion of revenue again higher than last year and primarily driven, I would say by the installed base business, which in total came at EUR6.5 billion, which is about 16% growth in comparison to 2023. Gross margin for the quarter came in at 51.7% again ahead of guidance, primarily because of the additional upgrade business that we were able to
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