Slide 1: ASML reports €7.7 billion total net sales and €2.4 billion net income in Q1 2025
ASML reports €7.7 billion total net sales and €2.4 billion net income in Q1 2025 2025 total net sales expected to be between €30 billion and €35 billion ASML 2025 First-Quarter Veldhoven, the Netherlands April 16, 2025
Slide 2: Agenda
Agenda • Investor key messages • Business summary • Outlook • Financial statements April 16, 2025 Page 2 Public
Slide 3: Investor key messages
Investor key messages April 16, 2025 Page 3
Slide 4: Investor key messages
Investor key messages • The semiconductor industry remains strong, driven by artificial intelligence adoption across an expanding applications space and is expected to surpass $1 trillion in revenue by 2030 • The industry will require major innovations to address AI power consumption and cost challe
Slide 5: Business summary
Business summary April 16, 2025 Page 5
Slide 6: Q1 results summary
Q1 results summary Q1 2025 Total net sales €7.7 billion Net system sales €5.7 billion Installed Base Management1 sales €2.0 billion Gross Margin 54.0% Operating margin2 35.4% Net income as a percentage of total net sales 30.4% Earnings per share (basic) €6.00 Net bookings3 €3.9 billion of which EUV
Slide 7: Net system sales breakdown (Quarterly)
Net system sales breakdown (Quarterly) Q1’25 Net system sales €5,740 million Q4’24 Net system sales €7,116 million April 16, 2025 Page 7 Public
Slide 8: Total net sales by End-use
Total net sales by End-use Installed Base Management1 Logic Memory through Q1 1 Installed Base Management equals our net service and field option sales. April 16, 2025 Page 8 Public
Slide 9: Net systems bookings activity by End-use (Quarterly)
Net systems bookings1 activity by End-use (Quarterly) Q1’25 net system bookings €3,936 million Q4’24 net system bookings €7,088 million 1 Net bookings include all system sales orders and inflation-related adjustments, for which written authorizations have been accepted. April 16, 2025 Page 9 Public
Slide 10: Cash return to shareholders
Cash return to shareholders • ASML intends to declare a total dividend for the year 2024 of €6.40 per ordinary share • Recognizing the three interim dividends of €1.52 per ordinary share paid in 2024 and 2025, this leads to a final dividend proposal to the Annual General Meeting of €1.84 per ordinar
Slide 11: Outlook
Outlook April 16, 2025 Page 11
Slide 12: Outlook
Outlook Q2 2025 Total net sales between €7.2 billion and €7.7 billion of which Installed Base Management1 sales around €2.0 billion Gross margin2 between 50% and 53% R&D costs around €1.2 billion SG&A costs around €300 million FY 2025 Total net sales between €30 billion and €35 billion Gross margin
Slide 13: Financial Statements
Financial Statements April 16, 2025 Page 13
Slide 14: Consolidated statements of operations € million
Consolidated statements of operations € million Quarter on Quarter Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Total net sales 5,290 6,243 7,467 9,263 7,742 Gross profit 2,697 3,212 3,793 4,790 4,180 Gross margin % 51.0 51.5 50.8 51.7 54.0 R&D costs (1,032) (1,101) (1,055) (1,116) (1,161) SG&A costs (27
Slide 15: Consolidated statements of cash flows € million
Consolidated statements of cash flows € million Quarter on Quarter Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Cash and cash equivalents, beginning of period 7,005 5,101 4,814 4,979 12,736 Net cash provided by (used in) operating activities (252) 924 950 9,545 (58) Net cash provided by (used in) investi
Slide 16: Consolidated balance sheets € million
Consolidated balance sheets € million Quarter End Assets Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Cash & cash equivalents and short-term investments 5,406 5,019 4,985 12,741 9,104 Accounts receivable and finance receivables, net 5,041 5,517 6,171 4,877 5,132 Contract assets 303 435 554 321 407 Invent
Slide 17: 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 plans, strategies, expected trends, including trends in the semiconductor
Slide 18: ASML
ASML