Semiconductor Equipment Maker ASML Reports Strong Q2 Results, Raises Annual Revenue Guidance

ASML, the world's largest semiconductor equipment manufacturer based in the Netherlands, announced on July 15 (local time) that its second-quarter performance exceeded market expectations and that it has raised its annual revenue guidance.

ASML reported that its second-quarter revenue reached 9.326 billion euros (approximately 15.9 trillion won), a 6.4% increase compared to the previous quarter.

This figure significantly surpassed the market consensus of 8.8 billion euros compiled by market research firm LSEG.

The number of new lithography systems sold in the second quarter was 86, a substantial increase from 67 in the previous quarter.

The gross margin for the second quarter stood at 54.0%, up 1.0 percentage point from 53.0% in the previous quarter.

Net income for the second quarter was 2.918 billion euros (approximately 5 trillion won), a 5.8% increase from the previous quarter.

Net income also exceeded the market forecast of 2.62 billion euros.

For the third-quarter guidance, ASML projected revenue between 11 billion and 12 billion euros, with a gross margin of 55% to 57%.

For the full year, the company expects revenue to reach 43 billion to 45 billion euros (approximately 73 trillion to 77 trillion won), with a gross margin between 54% and 56%.

The revenue guidance has been significantly raised from the 36 billion to 40 billion euros projected during the first-quarter earnings announcement.

ASML stated, "Continued AI infrastructure investment and advancements in AI technology are driving demand for advanced system and memory semiconductors, which further strengthens the growth outlook for the semiconductor industry," adding that "as a result, customers are continuing to accelerate their capacity expansion plans."

ASML added, "Order intake in the first half of this year remains very strong," and noted plans to increase production capacity for Low NA EUV systems, currently at around 165 units, by 30% next year, with a further 30% increase under review for 2028. Similarly, the company is considering increasing production capacity for DUV immersion lithography systems, currently at about 130 units, by 30% next year and an additional 30% in 2028.

ASML is the only company that produces the cutting-edge lithography equipment used to print semiconductor circuits onto wafers.

(Photo: Getty Images)
※ Please note: This article was translated by AI and may contain errors.