ASML Q2 2016 Earnings Report — ASML Holding N.V. Revenue & Financial Results | Market Cap Arena

ASML Holding N.V.ASML

Q2 2016 Earnings

Reported June 29, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2016	Q1 2016	Q2 2015	QoQ Change	YoY Change
Revenue	$2.0B	$1.6B	—	30.5%	—
Op. Income	$473M	$267M	—	77.3%	—
Gross Margin	42.6%	42.6%	—	0.0pp	—
Net Margin	20.3%	14.9%	—	5.5pp	—
EPS (Diluted)	$0.97	$0.54	—	80.4%	—
Free Cash Flow	$445M	-$76M	—	689.6%	—

Revenue Flow

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$1.2B
GROSS PROFIT	$867M
R&D Expenses	$316M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$106M
Other Expenses	-$27M
Operating Expenses	$394M
Cost & Expenses	$1.6B
OPERATING INCOME	$473M
Interest Income	$0
Interest Expense	$4M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$468M
Income Tax Expense	$55M
Net Income from Continuing Ops	$414M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$414M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$414M
D&A	$98M
EBIT	$445M
EBITDA	$543M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$1.2B
GROSS PROFIT	$867M
R&D Expenses	$316M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$106M
Other Expenses	-$27M
Operating Expenses	$394M
Cost & Expenses	$1.6B
OPERATING INCOME	$473M
Interest Income	$0
Interest Expense	$4M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$468M
Income Tax Expense	$55M
Net Income from Continuing Ops	$414M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$414M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$414M
D&A	$98M
EBIT	$445M
EBITDA	$543M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$414M
Depreciation & Amortization	$98M
Stock-Based Compensation	$13M
Deferred Income Tax	-$8M
Other Non-Cash Items	$29M
Change in Working Capital	$17M
OPERATING CASH FLOW	$562M
Capital Expenditure	-$117M
Acquisitions (Net)	-$2M
Purchases of Investments	-$400M
Sales/Maturities of Investments	$497M
Other Investing Activities	-$5M
NET CASH FROM INVESTING	-$27M
Net Debt Issuance	-$1M
Common Stock Repurchased	-$201M
Common Dividends Paid	-$521M
Other Financing Activities	$116.9K
NET CASH FROM FINANCING	-$709M
FREE CASH FLOW	$445M
Net Change in Cash	-$161M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.3B
Short-Term Investments	$1.2B
Net Receivables	$1.7B
Inventory	$3.2B
Other Current Assets	$590M
TOTAL CURRENT ASSETS	$8.9B
PP&E (Net)	$1.9B
Goodwill	$3.0B
Intangible Assets	$834M
Long-Term Investments	$124M
Tax Assets	$58M
Other Non-Current Assets	$750M
TOTAL NON-CURRENT ASSETS	$6.7B
TOTAL ASSETS	$15.6B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	-$1.2B
Other Current Liabilities	$3.5B
TOTAL CURRENT LIABILITIES	$4.3B
Long-Term Debt	$1.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$230M
Other Non-Current Liabilities	$393M
TOTAL NON-CURRENT LIABILITIES	$1.7B
TOTAL LIABILITIES	$6.0B
Common Stock	$45M
Additional Paid-In Capital	$0
Retained Earnings	$5.6B
Treasury Stock	$0
Accum. Other Comp. Income	$2.0B
Other Equity	$1.8B
TOTAL STOCKHOLDERS' EQUITY	$9.5B
Minority Interest	$0
TOTAL EQUITY	$9.5B
TOTAL LIABILITIES & EQUITY	$15.6B
Total Debt	$1.1B
Net Debt	-$1.2B