"ASML's revenue for the first quarter of 2026 was 8.8 billion euros, with a net profit of 2.8 billion euros, marking a 13% increase in revenue and a 17% increase in net profit compared to the previous year."
"The gross margin for ASML stood at 53%, which is at the upper end of the previously issued forecast, indicating strong financial performance despite a decrease in revenue from the previous quarter."
"CEO Christophe Fouquet emphasized that demand for chips is growing faster than supply, leading customers to accelerate their expansion plans and sign long-term contracts to secure capacity."
"The geographic revenue breakdown shows South Korea accounting for 45% of ASML's revenue, surpassing China, which contributed 19%, reflecting a significant shift in market dynamics."
In Q1 2026, ASML generated 8.8 billion euros in revenue and 2.8 billion euros in net profit, reflecting annual growth of 13% and 17%, respectively. The gross margin reached 53%, slightly above forecasts. However, revenue decreased from the previous quarter's 9.7 billion euros, with lithography system sales dropping from 94 to 67 units. Revenue from Installed Base Management rose to nearly 2.5 billion euros. South Korea became the largest market, accounting for 45% of revenue, while China's share fell to 19%. CEO Christophe Fouquet noted that chip demand is outpacing supply, driving customer expansion plans.
Read at Techzine Global
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