Slide 1: ASML reports €5.4 billion net sales and €1.4 billion net income in Q2
ASML reports €5.4 billion net sales and €1.4 billion net income in Q2 Supply chain constraints drive more fast shipments; expected 2022 sales growth around 10% ASML 2022 Second-Quarter Veldhoven, the Netherlands July 20, 2022
Slide 2: Agenda
Agenda • Investor key messages • Business summary • Outlook • Financial statements July 20, 2022 Page 2
Slide 3: Investor key messages
Investor key messages July 20, 2022 Page 3
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 July 20, 2022 Page 5
Slide 6: Q2 results summary
Q2 results summary • Net sales of €5.4 billion, net systems sales of €4.1 billion, Installed Base Management1 sales of €1.3 billion • Gross margin of 49.1% • Operating margin2 of 30.4% • Net income as a percentage of net sales of 26.0% • Earnings per share (basic) of €3.54 • Record quarterly net boo
Slide 7: 1st NXT:870 shipped: extending productivity to new levels
1st NXT:870 shipped: extending productivity to new levels Provides >330 wph capability and <7.5nm Matched Machine Overlay July 20, 2022 Page 7
Slide 8: Net system sales breakdown (Quarterly)
Net system sales breakdown (Quarterly) Technology End-Use Region (ship to location) ArF Dry 4% China 10% Japan 3% Sales in lithography KrF 10% Rest of Asia units 1% Q2’22 I-line 1% 38 ArFi Memory EMEA 2% total system sales 33% 29% 21 Taiwan €4,141 million Metrology & 41% 12 8 12 Inspection 4% USA 10
Slide 9: Total net sales € million by End-use
Total net sales € million by End-use 20,000 18,611 4,958 15,000 13,979 Installed Base 11,820 3,662 Management1 10,944 Net Sales 10,000 2,824 Logic 2,685 8,965 9,589 2,537 Memory 3,714 7,393 6,566 5,000 4,074 4,545 4,064 2,430 2,924 2,354 0 2018 2019 2020 2021 2022 YTD 1 Installed Base Management equ
Slide 10: Litho systems bookings activity by End-use
Litho systems bookings activity by End-use Lithography systems Memory Q2’22 total system value 40% New Used €8,461 million Logic Units 137 2 60% Lithography systems Memory New Used Q1’22 total system value 34% Units 154 9 €6,977 million Logic 66% Our systems net bookings include all system sales ord
Slide 11: Capital return to shareholders
Capital return to shareholders • In Q2, ASML paid a final dividend of €3.70 per ordinary share. Together with the interim dividend paid in 2021, this resulted in a total dividend for 2021 of €5.50 per ordinary share • ASML will start to distribute dividends quarterly. The first quarterly interim div
Slide 12: Outlook
Outlook July 20, 2022 Page 12
Slide 13: Outlook
Outlook Q3 • Net sales between €5.1 billion and €5.4 billion, ◦ including, Installed Base Management1 sales of around €1.4 billion • Net delayed revenue recognition of around €1.1 billion into subsequent quarters due to fast shipments • Gross margin between 49% and 50% • R&D costs of around €810 mil
Slide 14: Financial Statements
Financial Statements July 20, 2022 Page 14
Slide 15: Consolidated statements of operations € million
Consolidated statements of operations € million Quarter on Quarter Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Net sales 4,020 5,241 4,986 3,534 5,431 Gross profit 2,045 2,711 2,701 1,731 2,665 Gross margin % 50.9 51.7 54.2 49.0 49.1 Other income 1 — — 214 — — R&D costs (634) (609) (681) (739) (789) SG&
Slide 16: Consolidated statements of cash flows € million
Consolidated statements of cash flows € million Quarter on Quarter Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Cash and cash equivalents, beginning of period 3,244 5,187 4,319 6,952 4,324 Net cash provided by (used in) operating activities 3,569 1,802 6,417 (586) 2,553 Net cash provided by (used in) inv
Slide 17: Consolidated balance sheets € million
Consolidated balance sheets € million Quarter on Quarter Assets Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Cash & cash equivalents and short-term investments 5,374 4,456 7,590 4,723 4,402 Net accounts receivable and finance receivables 4,426 4,708 4,597 4,954 6,610 Contract assets 179 272 165 371 270 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: ASML
ASML