ASML Q4 Revenue Up 20% to $11.61B as Bookings Hit €13.2B
ASML reported Q4 revenue of $11.61 billion, up 20.37% year-over-year, beating estimates by $161.73 million while EPS of $8.77 missed by $0.25. Quarterly bookings surged to €13.2 billion, nearly doubling expectations, and management guided 2026 net sales of €34–39 billion with 51–53% gross margins.
1. Strong Q4 Financial Performance
ASML delivered Q4 revenue of $11.61 billion, marking a 20.37% year-over-year increase and beating consensus by $161.73 million. EPS came in at $8.77, slightly missing estimates by $0.25, while free cash flow and order intake reached record levels.
2. Segment Bookings Breakdown
Quarterly bookings reached €13.2 billion, nearly double analyst projections. Memory applications accounted for 56% of orders and logic for 44%, and the overall backlog rose by approximately €7 billion sequentially.
3. 2026 Guidance and Outlook
Management expects 2026 net sales between €34 billion and €39 billion, with gross margins of 51%–53%. This outlook reflects confidence in sustained demand for advanced photolithography equipment across semiconductor segments.