Summary by Futu AI
ASML reported Q3 2025 net sales of €7.5 billion with a gross margin of 51.6% and net income of €2.1 billion. Net bookings reached €5.4 billion, including €3.6 billion in EUV systems. The company shipped its first Advanced Packaging product, the TWINSCAN XT:260, offering up to 4x productivity compared to existing solutions.The company maintains a positive outlook driven by continued AI investment momentum across both leading-edge Logic and advanced DRAM customers. However, ASML expects China customer demand and sales to decline significantly in 2026 compared to 2024-2025 levels. For Q4 2025, ASML projects net sales between €9.2-9.8 billion with a gross margin of 51-53%.For full-year 2025, ASML forecasts total net sales growth of around 15% with a gross margin of approximately 52%. The company will pay an interim dividend of €1.60 per share on November 6, 2025. While ASML does not expect 2026 total net sales to fall below 2025 levels, it plans to provide detailed 2026 guidance in January.
