ASML Reports Record Q3 Earnings with Strong Sales Growth
ASML Holding N.V. (ASML) reported record financial results for the third quarter of 2026, driven by strong demand in artificial intelligence infrastructure and capacity expansion across its product lines. The company achieved total net sales of €11.7 billion, with a gross margin of 57.5%, exceeding guidance due to high-margin productivity upgrades. Net system sales reached €8.4 billion, including significant contributions from EUV systems (€4.1 billion) and non-EUV systems (€4.3 billion). Installed base management also outperformed expectations at €3.3 billion. ASML raised its full-year 2026 total net sales guidance to between €44 billion and €45 billion, a year-over-year increase of approximately 36%. The company expects memory system sales to grow by 75% for the year due to EUV adoption on advanced DRAM nodes. Looking ahead, ASML is investigating capacity expansion beyond its current targets in 2028 while maintaining strong liquidity with €12.7 billion in cash and short-term investments.
Tickers: $ASML
Topics: Earnings Free Cash Flow Gross Margin Guidance Sales Performance