Christophe Fouquet

“We expect third-quarter 2026 total net sales between €11.0 billion and €12.0 billion, with a gross margin between 55% and 57%.”

Q3 2026 closes at the end of September 2026 and results are due in mid-October 2026.

“We do not expect 2026 total net sales to be below 2025.”

Tracking far above the bar: ASML now guides 2026 net sales of €43–45 billion versus €32.7 billion in 2025, but the full year is not yet reported.

“ASML expects 2026 total net sales to be between €34 billion and €39 billion, with a gross margin between 51% and 53%.”

ASML raised this outlook to €43–45 billion in July 2026, suggesting the initial range will prove too low; the full year is not yet reported.

“ASML increases outlook, expects 2026 total net sales to be between €43 billion and €45 billion, with a gross margin between 54% and 56%.”

H1 2026 net sales were €18.1 billion (Q1 €8.8bn, Q2 €9.3bn); full-year results are due in January 2027.

“Based on this momentum, we are planning to add 30% to our 2026 low NA EUV capacity of around 65 for 2027, and we are investigating to increase capacity with another 30% for 2028.”

Implies roughly 85 low-NA EUV systems of capacity in 2027; CFO Roger Dassen said on the same call that ASML is close to having all the orders it needs to fill that capacity.

“Similarly, we plan to add 30% to our 2026 DUV immersion capacity of around 130 for 2027, and we are investigating to increase capacity with another 30% in 2028.”

Implies roughly 170 DUV immersion systems of capacity in 2027, part of a plan to roughly double 2026 output levels by 2028.

“ASML expects 2025 total net sales to be between €30 billion and €35 billion, with a gross margin between 51% and 53%.”

ASML reported 2025 total net sales of €32.7 billion with a full-year gross margin of 52.8% — both inside the guided ranges. (The range was first communicated in October 2024 and reiterated here.)

“ASML expects a full-year 2025 total net sales increase of around 15% relative to 2024, with a gross margin of around 52%.”

2025 net sales of €32.7 billion versus €28.3 billion in 2024 is about 16% growth, and the full-year gross margin was 52.8% — both essentially as guided.