Slide 1: ASML reports €3.5 billion net sales and €695 million net income in Q1
ASML reports €3.5 billion net sales and €695 million net income in Q1 Sales growth expectations for 2022 unchanged ASML 2022 First-Quarter Veldhoven, the Netherlands April 20, 2022 Public
Slide 2: Agenda
Agenda • Investor key messages • Business summary • Outlook • Financial statements April 20, 2022 Page 2 Public
Slide 3: Investor key messages
Investor key messages April 20, 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 April 20, 2022 Page 5 Public
Slide 6: Q1 results summary
Q1 results summary • Net sales of €3.5 billion, net systems sales of €2.3 billion, Installed Base Management1 sales of €1.2 billion • Gross margin of 49.0% • Operating margin of 22.2% • Net income as a percentage of net sales of 19.7% • Earnings per share (basic) of €1.73 • Net bookings2 of €7.0 bil
Slide 7: Net system sales breakdown (Quarterly)
Net system sales breakdown (Quarterly) Q1’22 total system sales €2,287 million Q4’21 total system sales €3,464 million April 20, 2022 Page 7 Public
Slide 8: 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 April 20, 2022 Page 8 Public
Slide 9: Litho systems bookings activity by End-use
Litho systems bookings activity by End-use Lithography systems Q1’22 total system value New Used €6,977 million Units 154 9 Lithography systems New Used Q4’21 total system value Units 182 9 €7,050 million Our systems net bookings include all system sales orders for which written authorizations have
Slide 10: Capital return to shareholders
Capital return to shareholders • In Q1 2022 we repurchased around 3.6 million shares for a total amount of around €2.1 billion • Total shares bought under the 2021-2023 program until end of Q1 is around 10.2 million shares for a total amount of €6.7 billion • Intention to declare a total dividend fo
Slide 11: Outlook
Outlook April 20, 2022 Page 11 Public
Slide 12: Outlook
Outlook Q2 • Net sales between €5.1 billion and €5.3 billion, ◦ including, Installed Base Management1 sales of around €1.2 billion ◦ excluding, net revenue shift of around €800 million due to fast shipments to subsequent quarters • Gross margin between 49% and 50% • R&D costs of around €790 million
Slide 13: Financial Statements
Financial Statements April 20, 2022 Page 13 Public
Slide 14: Consolidated statements of operations € million
Consolidated statements of operations € million Quarter on Quarter Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Net sales 4,364 4,020 5,241 4,986 3,534 Gross profit 2,352 2,045 2,711 2,701 1,731 Gross margin % 53.9 50.9 51.7 54.2 49.0 Other income 1 — — — 214 — R&D costs (623) (634) (609) (681) (739) SG&
Slide 15: Consolidated statements of cash flows € million
Consolidated statements of cash flows € million Quarter on Quarter Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Cash and cash equivalents, beginning of period 6,049 3,244 5,187 4,319 6,952 Net cash provided by (used in) operating activities (942) 3,569 1,802 6,417 (586) Net cash provided by (used in) inv
Slide 16: Consolidated balance sheets € million
Consolidated balance sheets € million Quarter on Quarter Assets Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Cash & cash equivalents and short-term investments 4,656 5,374 4,456 7,590 4,723 Net accounts receivable and finance receivables 4,524 4,426 4,708 4,597 4,954 Contract assets 107 179 272 165 371 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, rising business costs, outlook and expected financial results, includi
Slide 18: Public
Public