Jul 16, 2025 / 05:00AM GMT
Jim Kavanagh - ASML Holding NV - VP Investor Relations - Worldwide
Hello and welcome to ASML's Q2 2025 video.
Questions and Answers:
Jim Kavanagh - ASML Holding NV - VP Investor Relations - WorldwideRoger, can I start with you by asking you to give us a summary of our Q2 2025 results?
Roger Dassen - ASML Holding NV - Chief Financial Officer, Executive Vice President, Member of the Board of Management
Absolutely. Revenue came in at EUR7.7 billion. Part of that was also the revenue recognition for one High NA tool in the quarter and included in the EUR7.7 billion, EUR2.1 billion of install based revenue. Gross margin came in at 53.7%. That was above guidance. The EUR7.7 billion was at the high end of the guidance. 53.7% at the above guidance.
What are the reasons why it was higher? A couple of reasons. First off, there was installed base revenue in there, upgrades. As we said before, we're upgrading some of the 3800s that we shipped before. We're upgrading them in the field. That leads to upgrade
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