Today, ASML Holding NV (ASML) has published its 2025 fourth-quarter and full-year results.

• Q4 total net sales of €9.7 billion, gross margin of 52.2%, net income of €2.8 billion
• Quarterly net bookings in Q4 of €13.2 billion of which €7.4 billion is EUV
• 2025 total net sales of €32.7 billion, gross margin of 52.8%, net income of €9.6 billion
• Backlog at the end of 2025 of €38.8 billion
• ASML expects Q1 2026 total net sales between €8.2 billion and €8.9 billion, and a gross margin between 51% and 53%
• ASML expects 2026 total net sales to be between €34 billion and €39 billion, with a gross margin between 51% and 53%
• ASML announces a new share buyback program of up to €12 billion to be executed by December 31, 2028
• ASML to strengthen focus on engineering and innovation by streamlining the Technology and IT organizations

CEO statement and outlook
"ASML reported another record year in 2025, with total net sales of €32.7 billion and a gross margin of 52.8%. The fourth quarter was particularly strong: we reported record total net sales of €9.7 billion, including the revenue recognized for two High NA systems. Our gross margin for Q4 was in line with our guidance at 52.2%.