- ASML (ASML, Financial) reports strong Q2 2025 results with €7.7 billion in net sales and a 53.7% gross margin.
- Net income reached €2.3 billion, while quarterly bookings soared to €5.5 billion, including €2.3 billion in EUV systems.
- ASML maintains a 15% sales growth outlook for 2025, despite macroeconomic uncertainties in 2026.
ASML Holding NV (ASML) delivered a robust Q2 2025 performance, achieving €7.7 billion in total net sales, at the top end of its guidance range. The company reported a net income of €2.3 billion and a strong gross margin of 53.7%, surpassing expectations due to stronger upgrade business and cost efficiencies.
During the quarter, ASML's net bookings rose significantly to €5.5 billion from €3.9 billion in Q1, indicating a 40.8% sequential increase. This boost was driven by €2.3 billion in extreme ultraviolet (EUV) systems, suggesting healthy demand in spite of prevailing macroeconomic challenges.
The quarter witnessed the shipment of 67 new and 9 used lithography systems. ASML also made a significant stride by delivering its first TWINSCAN EXE:5200B system, an advancement in their product line aimed at enhancing technology in the semiconductor industry.
Looking ahead, ASML anticipates Q3 2025 sales to range from €7.4 billion to €7.9 billion, with gross margins between 50% and 52%. The company reiterates its full-year growth forecast of 15% net sales increase with around 52% gross margin. However, it cautions investors about potential uncertainties in 2026 owing to macroeconomic and geopolitical factors.
ASML continues to prioritize shareholder returns, announcing an interim dividend of €1.60 per share, payable on August 6, 2025. Additionally, €1.4 billion was allocated to share repurchases in Q2 under the ongoing buyback initiative, which contributed to a reduction in cash and investments from €9.1 billion to €7.2 billion.
