0001628280-26-025147
SEC filingASML reported Q1 2026 total net sales of €8.8 billion and net income of €2.8 billion, raised full-year 2026 sales guidance to €36-40 billion, and announced a 17% dividend increase for 2025.
ASML's Q1 2026 results showed total net sales of €8.8 billion, slightly below Q4 2025's €9.7 billion but with gross margin expanding to 53.0% from 52.2%, reflecting strong pricing power and mix in a high-demand semiconductor environment. Net income of €2.8 billion and EPS of €7.15 were robust, supported by operating margin of 36.0%. CEO Christophe Fouquet highlighted solidifying industry growth from AI infrastructure, with customer demand outpacing supply, leading to accelerated capacity plans and strong order intake. This prompted an upward revision to 2026 full-year net sales guidance to €36-40 billion from prior levels, with gross margin 51-53%, accommodating potential export control outcomes. Q2 guidance of €8.4-9.0 billion sales and 51-52% margin signals steady execution. Installed Base Management sales rose to €2.5 billion, underscoring recurring revenue strength from services and upgrades. Capital returns remain shareholder-friendly: 2025 dividend increased 17% to €7.50 per share, with Q1 buyback of €1.1 billion reducing shares outstanding. Balance sheet liquidity at €8.4 billion supports investments amid cash burn from operations and buybacks, positioning ASML for sustained growth in lithography leadership.