ASML Third-Quarter Revenue Hits Record EUR 11.7 Billion as Equipment Orders Reach Into 2030
TECHWORLD ·
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ASML said it recorded third-quarter 2026 total net sales of EUR 11.7 billion, a gross margin of 57.5%, and net profit of EUR 5 billion.
Revenue from Installed Base Management was EUR 3.3 billion, and the company said demand for upgrades to existing equipment was solid.
As demand forecasts rose on the back of increased AI-related investment, ASML is reviewing a plan to further expand capacity in 2028.
ASML said on the 14th, local time, that it posted record quarterly net sales in the third quarter of 2026 when it announced its results for the third quarter of 2026.
ASML's total net sales for the third quarter of 2026 came in at EUR 11.7 billion, close to the top end of its outlook. Gross margin was 57.5%, beating previous guidance, while net profit reached EUR 5 billion.
Revenue from Installed Base Management came to EUR 3.3 billion, exceeding the company's expectations. The result reflected solid demand for upgrades aimed at improving the productivity of existing equipment.
As outlooks for customer demand for semiconductor manufacturing equipment were raised amid increased investment related to AI, ASML is reviewing a plan to further expand capacity in 2028 beyond its existing plan.
ASML CEO Christophe Fouquet said forecasts for near- and mid-term demand for ASML equipment from customers continue to be revised upward based on expectations for the scale and duration of AI-related investment. He explained that as investment in AI infrastructure translates into demand to expand semiconductor production capacity, visibility into medium- and long-term demand in the equipment industry is improving.
Against this backdrop, some customers are showing interest in equipment orders for 2029, and some are also showing interest in equipment orders for 2030. CEO Fouquet said order momentum has been strengthening each quarter this year.
Based on current demand outlooks, existing supply plans for 2027 and 2028 alone are expected to fall short of fully meeting customer demand for equipment. Accordingly, ASML, which has already announced a plan to expand capacity by more than 30%, is reviewing additional capacity expansion measures for 2028.
ASML plans to pursue expanded equipment supply while also leveraging its upgrade portfolio to improve the productivity of existing installed equipment. Through this, the company aims to support customers in expanding wafer production capacity.
For its fourth-quarter 2026 guidance, ASML projected total net sales of EUR 14.2–15.2 billion and gross margin of about 57%. It also guided for research and development (R&D) spending of about EUR 1.2 billion and selling, general and administrative (SG&A) costs of about EUR 400 million in the fourth quarter of 2026.
ASML also set out its fourth-quarter outlook and full-year target levels together, projecting total net sales of EUR 44–45 billion for 2026 as a whole and full-year gross margin of about 56%.
Source: TECHWORLD · Park Kyu-chan
Original: https://www.epnc.co.kr/news/articleView.html?idxno=408188
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Source: TECHWORLD
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