Slide 1: ASML reports €5.8 billion net sales and €1.7 billion net income in Q3
ASML reports €5.8 billion net sales and €1.7 billion net income in Q3 Expected sales for 2022 around €21 billion ASML 2022 Third-Quarter Veldhoven, the Netherlands October 19, 2022 Public
Slide 2: Agenda
Agenda • Investor key messages • Business summary • Outlook • Financial statements October 19, 2022 Page 2 Public
Slide 3: Investor key messages
Investor key messages October 19, 2022 Page 3 Public
Slide 4: Investor key messages
Investor key messages • Global megatrends in the electronics industry, supported by a highly profitable and fiercely innovative ecosystem, are expected to continue to fuel growth across the semiconductor market • Growth in semiconductor end markets and increasing lithography intensity are driving de
Slide 5: Business summary
Business summary October 19, 2022 Page 5 Public
Slide 6: Q3 results summary
Q3 results summary • Net sales of €5.8 billion, net systems sales of €4.3 billion, Installed Base Management1 sales of €1.5 billion • Gross margin of 51.8% • Operating margin2 of 33.5% • Net income as a percentage of net sales of 29.4% • Earnings per share (basic) of €4.29 • Record quarterly net boo
Slide 7: First NXT:2100i shipped
First NXT:2100i shipped Provides 1.3nm matched machine overlay and >20% on product1 overlay improvement 1 for a typical logic application 2 MMO= matched machine (or machine to machine) overlay October 19, 2022 Page 7 Public
Slide 8: Net system sales breakdown (Quarterly)
Net system sales breakdown (Quarterly) Q3’22 total system sales €4,255 million Q2’22 total system sales €4,141 million October 19, 2022 Page 8 Public
Slide 9: Total net sales € million by End-use
Total net sales € million by End-use Installed Base Management1 Logic Memory 1 Installed Base Management equals our net service and field option sales October 19, 2022 Page 9 Public
Slide 10: Net systems bookings activity by End-use
Net systems bookings activity by End-use Lithography systems Q3’22 total system value New Used €8,920 million Units 135 15 Lithography systems New Used Q2’22 total system value Units 137 2 €8,461 million Net bookings include all system sales orders for which written authorizations have been accepted
Slide 11: Capital return to shareholders
Capital return to shareholders • In Q3, ASML paid the first quarterly interim dividend of €1.37 per ordinary share. The second quarterly interim dividend will be €1.37 per ordinary share and will be made payable on November 14, 2022 • In Q3 2022 we repurchased around 2.1 million shares for a total a
Slide 12: Outlook
Outlook October 19, 2022 Page 12 Public
Slide 13: Outlook
Outlook Q4 • Net sales between €6.1 billion and €6.6 billion, including ◦ Installed Base Management1 sales of around €1.6 billion • Net delayed revenue recognition of around €0.1 billion into subsequent quarters due to fast shipments2 • Gross margin around 49% • R&D costs of around €880 million • SG
Slide 14: Financial Statements
Financial Statements October 19, 2022 Page 14 Public
Slide 15: Consolidated statements of operations € million
Consolidated statements of operations € million Quarter on Quarter Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Net sales 5,241 4,986 3,534 5,431 5,778 Gross profit 2,711 2,701 1,731 2,665 2,994 Gross margin % 51.7 54.2 49.0 49.1 51.8 Other income 1 — 214 — — — R&D costs (609) (681) (739) (789) (819) SG&
Slide 16: Consolidated statements of cash flows € million
Consolidated statements of cash flows € million Quarter on Quarter Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Cash and cash equivalents, beginning of period 5,187 4,319 6,952 4,324 4,097 Net cash provided by (used in) operating activities 1,802 6,417 (586) 2,553 1,170 Net cash provided by (used in) inv
Slide 17: Consolidated balance sheets € million
Consolidated balance sheets € million Quarter on Quarter Assets Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Cash & cash equivalents and short-term investments 4,456 7,590 4,723 4,402 3,363 Net accounts receivable and finance receivables 4,708 4,597 4,954 6,610 7,414 Contract assets 272 165 371 270 277 I
Slide 18: Forward looking statements
Forward looking statements This document and related discussions contain statements that are forward-looking within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements with respect to expected trends, including trends in end markets and technology industry
Slide 19: Appendix: Reconciliation Normalized Revenue
Appendix Reconciliation Normalized Revenue (as included in the Interview with Roger Dassen and related Video Transcript) Q1 2022 Q2 2022 Q3 2022 Q4 2022 Normalized Revenue1 €4.9 billion €5.7 billion €6.0 billion €6.4 billion4 Total Net Sales €3.5 billion €5.4 billion €5.8 billion €6.3 billion4 Net D
Slide 20: Public
Public