News

ASML net bookings surge 86% to €13.2B in Q4 2025 results

Wednesday, January 28, 2026 at 06:41 AM

ASML reported full-year 2025 results including a 16% increase in net sales to €32.7B and a 27% increase in net income to €9.6B. Net bookings saw a significant 86% quarterly increase to €13.2B, bringing the total backlog to €38.8B as demand for lithography equipment remains strong.

Context

ASML reported a significant Q4 2025 performance, with revenue climbing to €9.7 billion, a 29% sequential increase that landed at the high end of expectations. This surge was underpinned by explosive net bookings of €13.16 billion, representing a 144% quarter-over-quarter jump. The demand spike was particularly pronounced in EUV and DUV systems, while memory-related bookings skyrocketed by 190%, signaling a broad recovery in semiconductor capital expenditure and aggressive capacity expansion to support AI infrastructure. The company enters 2026 with a massive €38.8 billion backlog, providing over 100% coverage for projected revenue. For investors, this momentum validates ASML’s role as the primary gatekeeper for advanced chipmaking. With CY26 revenue guidance set between €34 billion and €39 billion, the outlook suggests sustained multi-year growth as manufacturers transition to next-generation nodes. A 52.2% gross margin further highlights strong pricing power amidst a tightening global supply chain for lithography tools.

Related Companies

ASML