Slide 1: ASML 2026 first-quarter results
ASML reports €8.8 billion total net sales and €2.8 billion net income in Q1 2026 ASML now expects 2026 total net sales to be between €36 billion and €40 billion, with a gross margin between 51% and 53% ASML 2026 first-quarter results Veldhoven, the Netherlands April 15, 2026
Slide 2: Agenda
Agenda • Investor key messages • Business summary • Outlook • Financial statements April 15, 2026 Page 2 Public
Slide 3: Investor key messages
Investor key messages April 15, 2026 Page 3
Slide 4: Investor key messages
Investor key messages1 • The semiconductor industry remains strong, driven by artificial intelligence adoption across an expanding applications space • The industry will require major innovations to address AI power consumption and cost challenges • Our customers remain at the core of our strategy a
Slide 5: Business summary
Business summary April 15, 2026 Page 5
Slide 6: Q1 results summary
Q1 results summary Q1 2026 Total net sales €8.8 billion Net system sales €6.3 billion Installed Base Management1 sales €2.5 billion Gross margin 53.0% Operating margin2 36.0% Net income as a percentage of total net sales 31.4% Earnings per share (basic) €7.15 1 Installed Base Management equals our n
Slide 7: NXE:3800E PEP1-E released
NXE:3800E PEP1-E released Provides throughput increase from 220 WpH to 230 WpH at similar overlay performance 1 PEP: Productivity Enhancement Package April 15, 2026 Page 7 Public
Slide 8: EUV product roadmap enabling affordable scaling
EUV product roadmap enabling affordable scaling As presented at SPIE, February 2026 April 15, 2026 Page 8 Public
Slide 9: Net system sales breakdown (quarterly)
Net system sales breakdown (quarterly) Q1’26 Net system sales €6.3 billion Q4’25 Net system sales €7.6 billion April 15, 2026 Page 9 Public
Slide 10: 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 15, 2026 Page 10 Public
Slide 11: Cash return to shareholders
Cash return to shareholders • ASML intends to declare a total dividend for the year 2025 of €7.50 per ordinary share • Recognizing the three interim dividends of €1.60 per ordinary share paid in 2025 and 2026, this leads to a final dividend proposal to the Annual General Meeting of €2.70 per ordinar
Slide 12: Outlook
Outlook April 15, 2026 Page 12
Slide 13: Outlook
Outlook Q2 2026 Total net sales between €8.4 billion and €9.0 billion of which Installed Base Management1 sales around €2.5 billion Gross margin between 51% and 52% R&D costs around €1.2 billion SG&A costs around €0.3 billion FY 2026 Total net sales between €36 billion and €40 billion Gross margin b
Slide 14: Financial statements
Financial statements April 15, 2026 Page 14
Slide 15: Consolidated statements of operations
Consolidated statements of operations Quarter on quarter (in millions €, except otherwise indicated) Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Total net sales 7,742 7,692 7,516 9,718 8,767 Gross profit 4,180 4,130 3,880 5,068 4,645 Gross margin % 54.0 53.7 51.6 52.2 53.0 R&D costs (1,161) (1,167) (1,1
Slide 16: Consolidated statements of cash flows
Consolidated statements of cash flows Quarter on quarter (in millions €) Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Cash and cash equivalents, beginning of period 12,736 9,098 7,243 5,126 12,916 Net cash provided by (used in) operating activities (59) 748 559 11,410 (2,186) Net cash provided by (used i
Slide 17: Consolidated balance sheets
Consolidated balance sheets Quarter end (in millions €) Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Assets Cash & cash equivalents and short-term investments 9,103 7,248 5,128 13,322 8,376 Accounts receivable and finance receivables, net 5,132 5,703 6,030 3,649 5,232 Contract assets 407 275 367 441 544
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 plans, strategies, expected trends, including expected trends in the semi
Slide 19: ASML
ASML