Slide 1: ASML reports €5.2 billion net sales and €1.7 billion net income in Q3 2021
ASML reports €5.2 billion net sales and €1.7 billion net income in Q3 2021 Expected growth for 2021 to approach 35% ASML 2021 Third-Quarter Veldhoven, the Netherlands October 20, 2021 Public
Slide 2: Agenda
Agenda • Investor key messages • Business summary • Outlook • Financial statements October 20, 2021 Page 2 Public
Slide 3: Investor key messages
Investor key messages October 20, 2021 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 20, 2021 Page 5 Public
Slide 6: Q3 results summary
Q3 results summary • Net sales of €5.2 billion, net systems sales of €4.1 billion, Installed Base Management 1 sales of €1.1 billion • Gross margin of 51.7% • Operating margin of 36.6% • Net income as a percentage of net sales of 33.2% • Earnings per share (basic) of €4.27 • Net bookings of €6.2 bil
Slide 7: Net system sales breakdown (Quarterly)
Net system sales breakdown (Quarterly) Q3’21 total system sales €4,111 million Q2’21 total system sales €2,949 million October 20, 2021 Page 7 Public
Slide 8: Total net sales € million by End-use
Total net sales € million by End-use Installed Base Management1 Logic Memory As of January 1, 2018, ASML has adopted the new Revenue Recognition Standard (ASC 606) and Lease Standard (ASC 842). The comparative 2017 numbers presented above have not been adjusted to reflect these changes in accounting
Slide 9: Litho systems bookings activity by End-use
Litho systems bookings activity by End-use Lithography systems Q3’21 total system value New Used €6,179 million Units 168 10 Lithography systems New Used Q2’21 total system value Units 156 11 €8,271 million Our systems net bookings include all system sales orders for which written authorizations hav
Slide 10: Capital return to shareholders
Capital return to shareholders • Interim dividend for 2021 will be €1.80 per ordinary share and will be made payable on November 12, 2021 • In Q3 2021 around €2.4 billion of shares were purchased under the current and previous program Total dividend Dividend paid Share buyback Interim dividend The d
Slide 11: Outlook
Outlook October 20, 2021 Page 11 Public
Slide 12: Outlook
Outlook Q4 • Net sales between €4.9 billion and €5.2 billion, including ◦ Installed Base Management1 sales of around €1.1 billion • Gross margin between 51% and 52% • R&D costs of around €670 million • SG&A costs of around €195 million 2021 • Strong demand across markets drives expected net sales gr
Slide 13: Financial Statements
Financial Statements October 20, 2021 Page 13 Public
Slide 14: Consolidated statements of operations € million
Consolidated statements of operations € million Quarter on Quarter Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Net sales 3,958 4,254 4,364 4,020 5,241 Gross profit 1,881 2,212 2,352 2,045 2,711 Gross margin % 47.5 52.0 53.9 50.9 51.7 R&D costs (534) (556) (623) (634) (609) SG&A costs (132) (152) (168) (
Slide 15: Consolidated statements of cash flows € million
Consolidated statements of cash flows € million Quarter on Quarter Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Cash and cash equivalents, beginning of period 3,499 3,532 6,049 3,244 5,187 Net cash provided by (used in) operating activities 191 4,670 (942) 3,569 1,802 Net cash provided by (used in) inves
Slide 16: Consolidated balance sheets € million
Consolidated balance sheets € million Quarter on Quarter Assets Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Cash & cash equivalents and short-term investments 4,408 7,352 4,656 5,374 4,456 Net accounts receivable and finance receivables 4,664 3,421 4,524 4,426 4,708 Contract assets 177 119 107 179 272 I
Slide 17: Forward looking statements
Forward looking statements This document contains statements that are forward-looking, including statements with respect to expected trends, including trends in end markets and technology industry and business environment trends, outlook and expected financial results, including expected net sales,
Slide 18: Public
Public