- ASML reported net sales of 7.7 billion euros ($8.95 billion) in the second quarter, ahead of estimates.
- However, the company said it cannot confirm that it will grow in 2026.
- ASML is one of the most critical semiconductor supply chain companies in the world.
ASML
reported second-quarter earnings that beat estimates with the its key net bookings figure ahead of consensus.
Stream San Diego News for free, 24/7, wherever you are with NBC 7.
However, the chip equipment giant missed analyst expectations for revenue guidance in the current quarter and warned of the possibility of no growth ahead.
Here’s how ASML did versus LSEG consensus estimates for the second quarter:
Get top local San Diego stories delivered to you every morning with our News Headlines newsletter.
- Net sales: 7.7 billion euros ($8.95 billion) versus 7.52 billion euros expected
- Net profit: 2.29 billion euros vs 2.04 billion euros expected
In its own previous forecast issued in April, ASML had said it expected second-quarter net sales of between 7.2 billion euros and 7.7 billion euros. In a pre-recorded interview posted on ASML’s website, the company’s Chief Financial Officer Roger Dassen said the beat was due to revenue from upgrading currently deployed machines as well as tariffs having a “less negative” impact than anticipated.
Analysts anticipated net bookings — a key indicator of order demand — would come in at 4.19 billion euros over the April-June stretch. ASML reported net bookings of 5.5 billion euros.
Money Report
CNBC’s UK Exchange newsletter: Britain was once known as a ‘nation of shopkeepers.’ Now, not so much
Chinese toymaker Pop Mart’s shares slide despite strong earnings forecast
ASML is one of the most important semiconductor supply chain companies in the world. It makes extreme ultraviolet lithography (EUV) machines, which are required to manufacture the most advanced chips in the world, such as those designed by
Apple
and
Nvidia
.
Companies like
Intel
and
Taiwan Semiconductor Manufacturing Co.
are customers of ASML.
Like many companies in the semiconductor industry, ASML has been
grappling with uncertainty
created by U.S. tariff policy.
The company forecast third-quarter revenue of between 7.4 billion euros and 7.9 billion euros, which was shy of market expectations of 8.3 billion euros.
ASML said it expects full-year 2025 net sales to grow 15%, narrowing its guidance from a previously announced forecasts of between 30 billion euros to 35 billion euros.
However, the Dutch tech giant was less certain about the outlook for 2026.
“Looking at 2026, we see that our AI customers’ fundamentals remain strong,” ASML CEO Christophe Fouquet said in a statement.
“At the same time, we continue to see increasing uncertainty driven by macro-economic and geopolitical developments. Therefore, while we still prepare for growth in 2026, we cannot confirm it at this stage.”
The Veldhoven, Netherlands-headquartered company has released its next generation EUV tools known as
High NA, which stands for high numerical aperture
. These machines, which are larger than a double-decker bus and can cost more than $400 million each, are key to ASML’s future growth plans.
This is a breaking news story. Please check back for more.
Also on CNBC
-
Whoop says FDA is ‘overstepping’ with warning about blood pressure feature
-
Amazon turns to rival SpaceX to launch next batch of Kuiper internet satellites
-
Bitcoin falls below $117,000 after Trump crypto bills are blocked before vote
