Summary by Futu AI
ASML reported Q1 2025 net sales of €7.7 billion with a gross margin of 54.0%, exceeding guidance due to favorable EUV product mix. Net income reached €2.4 billion, with net bookings of €3.9 billion including €1.2 billion in EUV systems. The company shipped its fifth High NA system, now deployed across three customers.Looking ahead, ASML expects Q2 2025 sales between €7.2-7.7 billion with a gross margin of 50-53%. The company maintains its full-year 2025 revenue forecast of €30-35 billion, with artificial intelligence driving industry growth despite increased uncertainty from recent tariff announcements. R&D costs are projected at €1.2 billion with SG&A costs around €300 million.The company announced a total dividend of €6.40 per share for 2024, up 4.9% YoY, with a final dividend proposal of €1.84 per share. In Q1, ASML purchased approximately €2.7 billion worth of shares under its current 2022-2025 buyback program.