ASML Raises 2026 Sales Guidance to 43-45 Billion Euros

ASML raised its 2026 full-year net sales guidance to between 43 billion euros and 45 billion euros and its gross margin guidance to between 54% and 56%. The company had previously guided net sales between 36 billion euros and 40 billion euros and gross margin between 51% and 53%. ASML reported second-quarter net sales of 9.3 billion euros and net profit of 2.9 billion euros.

Those figures exceeded LSEG consensus estimates of 8. The company said it will target a 30% increase in 2026 low NA EUV production capacity and a 30% increase in 2026 DUV immersion production capacity. CEO Christophe Fouquet stated that order intake remained extremely strong in the first half of the year.

ASML expects China to account for approximately 20% of its 2026 net sales. China accounted for 19% of net sales in the first quarter of 2026 and 14% in the second quarter. South Korea accounted for 43% of second-quarter net sales.

ASML shares rose 3.4% on the day of the earnings release after initially jumping more than 7%. The company is the only maker of extreme ultraviolet lithography machines used to produce the most advanced semiconductors.