ASML Raises 2026 Sales Outlook to €36–40 B, Q1 Revenue Up 13.3%
ASML raised its 2026 sales outlook to €36–€40 billion after Q1 net sales rose 13.3% to €8.77 billion, with China’s share dropping to 19%. The company forecasts Q2 sales of €8.4–€9 billion with a 51–52% gross margin and plans to ship 60 low-NA EUV systems in 2026 as demand outpaces supply.
1. Q1 Performance and Regional Sales Mix
ASML reported Q1 net sales of €8.77 billion, a 13.3% increase year-over-year. Regional contributions shifted significantly, with South Korea leading at 45%, Taiwan at 23% and China’s share falling to 19% from 36% in the prior quarter.
2. Upgraded 2026 Revenue Forecast
The company lifted its full-year 2026 revenue guidance to €36–€40 billion, up from €34–€39 billion, citing sustained AI infrastructure spending and memory and advanced-logic customers facing multi-year supply constraints.
3. Q2 Guidance and EUV Shipments
For Q2, ASML expects net sales of €8.4–€9 billion with a 51–52% gross margin. It plans to ship 60 low-NA EUV lithography systems in 2026—about 25% more than in the current year—to meet accelerating chipmakers’ capacity-expansion plans.