ASML Holding NV has announced its financial results for the first quarter of 2025, reporting total net sales of €7.7 billion, a gross margin of 54.0%, and a net income of €2.4 billion. The company´s Q1 performance came in line with prior guidance, with the gross margin notably surpassing expectations due to a favorable product mix of extreme ultraviolet (EUV) lithography equipment and successful achievement of operational milestones. Net bookings for the quarter amounted to €3.9 billion, including €1.2 billion from EUV systems, highlighting continued demand for advanced semiconductor manufacturing tools.
Looking ahead, ASML projects Q2 2025 net sales in the range of €7.2 billion to €7.7 billion and a gross margin between 50% and 53%. Despite ongoing global economic fluctuations and uncertainty following recent tariff announcements, the company maintains its full-year revenue forecast of €30 billion to €35 billion with a gross margin outlook of 51% to 53%. ASML also marked a milestone this quarter by delivering its fifth High Numerical Aperture (High NA) system, now operational at three different customer locations, reinforcing its leadership in next-generation chipmaking technologies.
ASML´s CEO emphasized that artificial intelligence continues to be the primary growth catalyst for the semiconductor equipment industry, creating both opportunities and risks as market dynamics shift among customers. The intersection of industry advancements and a volatile macroeconomic backdrop underscores the company´s cautious but optimistic outlook for 2025 and 2026, as artificial intelligence-driven demand accelerates technology adoption while introducing uncertainties related to global trade policies and customer investments.
