Business

ASML's Q1 Financial Surge: Net Sales Leap 45% to €7.7 Billion Amid AI Boom

ASML Reports Stellar Q1 Performance

ASML Holding NV has kicked off fiscal 2025 with a bang, announcing a remarkable 45% surge in net sales to €7.7 billion for the first quarter, compared to the same period last year.

Profitability Soars

The company's net income witnessed an astonishing 100% increase, reaching €2.4 billion, with diluted net income per ordinary share climbing 93% to €6. Looking ahead, ASML anticipates second-quarter net sales to range between €7.2 billion and €7.7 billion.

Future Outlook and Challenges

CEO Christophe Fouquet shared optimistic yet cautious remarks: "Our dialogues with customers reinforce our belief that 2025 and 2026 will be pivotal growth years. However, the recent tariff announcements have introduced a layer of uncertainty in the macro environment, keeping the situation dynamic. Undoubtedly, artificial intelligence remains the cornerstone of growth in our sector."