ASML's Q2 2026 sales surged to €9.3 billion, driven by solid demand for AI semiconductors, prompting the company to raise its full-year revenue forecast. The Dutch firm shipped 16 advanced extreme ultraviolet (EUV) lithography machines during the quarter, essential for producing the most sophisticated chips powering AI and crypto technologies.
Sales Performance and Market Impact
In Q2, ASML sold 86 lithography systems in total, including the 16 top-tier EUV units. Net income reached €2.9 billion, both figures surpassing previous guidance. The company maintains a gross margin of 54%, supported by a recurring revenue stream from its installed base management services, which contributed €2.8 billion this quarter, around 30% of total sales.
ASML’s customers include major semiconductor manufacturers such as TSMC, Intel, Samsung, SK Hynix, and Micron. These clients rely on ASML’s machines to expand production capacity and meet growing AI chip demand, which reflects strongly on the semiconductor supply chain including crypto mining ASICs.
Outlook and Capacity Expansion
The company raised its 2026 sales forecast to between €43 billion and €45 billion with a target gross margin of 54% to 56%. For Q3 alone, ASML expects sales in the €11 billion to €12 billion range. Production of low numerical aperture (low-NA) EUV machines will increase by 30% in 2027 from a 65-system base in 2026, with most of the added capacity already pre-booked.
Export restrictions block sales of ASML’s most advanced EUV technology to China, limiting that country’s access to cutting-edge chip manufacturing equipment amid global geopolitical tensions.
This material is for informational purposes only and does not constitute financial advice.
