ASML

MKT CAP:$565B

ASML Holding N.V.

Market Cap

$565B

Technology·Semiconductors·🇳🇱 Netherlands·NASDAQ

Technology·Semiconductors·🇳🇱·NASDAQ

Stock Price

$1,466.27+$302.49 (+25.99%)

Apr 24, 2026

Company Details

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The co...

CEO

Christophe D. Fouquet

IPO Date

Mar 15, 1995

Website

www.asml.com

Key Metrics TTM

Revenue

$34.4B

+138.8% YoY

Net Income

$9.8B

EPS (Diluted)

$25.22

Free Cash Flow

-$2.5B

Revenue / Share

$89.21

Gross Margin

51.9%

Operating Margin

33.0%

Net Margin

28.5%

FCF Margin

-7.1%

P/S

16.4x

P/E

57.5x

Earnings Reports

Q1 2026

Apr 15, 2026

NEW

$10.3BEPS $8.36

Q3 2025

Oct 15, 2025

$8.8BEPS $6.41

Q2 2024

Jun 28, 2024

$7.3B-9.6%EPS $4.70

Q2 2023

Jun 29, 2023

$8.1BEPS $5.75

Q3 2020

Sep 29, 2020

$4.6BEPS $2.95

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 16	$1.6B	$664M	$267M
Q2 16	$2.0B	$867M	$473M
Q3 17	$2.9B	$1.2B	$767M
Q3 18	$3.2B	$1.6B	$956M
Q4 18	$3.7B	$1.6B	$954M
Q3 20	$4.6B	$2.2B	$1.4B
Q2 23	$8.1B	$4.1B	$2.6B
Q2 24	$7.3B	$3.8B	$2.1B
Q3 25	$8.8B	$4.5B	$2.9B
Q1 26	$10.3B	$5.4B	$3.7B

Valuation

Quarter	P/S	P/E
Q1 16	—	—
Q2 16	—	—
Q3 17	—	—
Q3 18	8.3x	38.4x
Q4 18	5.6x	23.6x
Q3 20	10.8x	43.0x
Q2 23	14.7x	55.2x
Q2 24	17.2x	64.7x
Q3 25	13.0x	47.7x
Q1 26	14.1x	49.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 16	-$7M	-$76M
Q2 16	$562M	$445M
Q3 17	$447M	$340M
Q3 18	$560M	$413M
Q4 18	$2.0B	$1.7B
Q3 20	$207M	-$34M
Q2 23	$455M	-$176M
Q2 24	$1.1B	$466M
Q3 25	$654M	$308M
Q1 26	-$2.6B	-$3.0B

Capital Expenditures

Quarter	CapEx
Q1 16	$69M
Q2 16	$117M
Q3 17	$107M
Q3 18	$147M
Q4 18	$228M
Q3 20	$241M
Q2 23	$631M
Q2 24	$623M
Q3 25	$346M
Q1 26	$494M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 18	+135.7%	+110.5%
Q3 20	+127.5%	+105.3%
Q2 23	+182.0%	+158.9%
Q2 24	+124.9%	+125.1%
Q3 25	+139.2%	+117.0%
Q1 26	+121.5%	+104.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 16	$15M	1.0%
Q2 16	$13M	0.6%
Q3 17	$0	0.0%
Q3 18	$0	0.0%
Q4 18	$0	0.0%
Q3 20	$0	0.0%
Q2 23	$0	0.0%
Q2 24	$0	0.0%
Q3 25	$67M	0.8%
Q1 26	$36M	0.4%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 16	$321M	$104M
Q2 16	$316M	$106M
Q3 17	$368M	$121M
Q3 18	$463M	$142M
Q4 18	$517M	$157M
Q3 20	$624M	$154M
Q2 23	$1.2B	$329M
Q2 24	$1.3B	$324M
Q3 25	$1.3B	$354M
Q1 26	$1.4B	$353M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$4.8B	$357M	$5.1B
Q3 22	$3.7B	$246M	$3.9B
Q4 22	$8.4B	$125M	$8.6B
Q1 23	$7.8B	$6M	$7.8B
Q2 23	$7.4B	$6M	$7.4B
Q3 23	$5.8B	$6M	$5.8B
Q4 23	$8.2B	$6M	$8.2B
Q1 24	$6.0B	$359M	$6.4B
Q2 24	$5.6B	$240M	$5.9B
Q3 24	$5.8B	$6M	$5.8B
Q4 24	$14.9B	$6M	$14.9B
Q1 25	$10.6B	$6M	$10.6B
Q2 25	$8.5B	$6M	$8.5B
Q3 25	$6.0B	$2M	$6.0B
Q4 25	$15.1B	$474M	$15.6B
Q1 26	$9.3B	$475M	$9.8B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 16	429M	—	—
Q2 16	427M	-0.6%	—
Q3 17	432M	+1.3%	—
Q3 18	426M	-1.4%	—
Q4 18	424M	-0.5%	-1.3%
Q3 20	419M	-1.0%	-1.7%
Q2 23	394M	-6.0%	-8.8%
Q2 24	394M	-0.1%	-7.6%
Q3 25	388M	-1.5%	-8.5%
Q1 26	386M	-0.5%	-8.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 16	$128.1K	12K
Q2 16	$167.2K	12K
Q3 17	$204.5K	14K
Q3 18	$168.9K	19K
Q4 18	$158.0K	23K
Q3 20	$185.8K	25K
Q2 23	$206.9K	39K
Q2 24	$172.1K	42K
Q3 25	$199.6K	44K
Q1 26	$236.9K	43K

Revenue / Employee