Third quarter revenue rose 1% to €7.5bn (€7.8bn expected). Operating income also rose 1% to €2.5bn (€2.5bn expected) with a margin of 32.8 %. New orders of €5.4bn were better than expected.
Free cash flow fell 54% to €244mn, and there was net cash on the balance sheet of €2.4bn.
Management expects fourth quarter revenue to land between €9.2-9.8bn and operating income around €3.4bn (analysts had been expecting €9.4bn and €3.2bn respectively). Revenue for 2026 is no longer expected to drop from 2025 levels.
An interim dividend of €1.60 was announced, payable in November.
The shares 3.0% in early trading.
Our view
HL view to follow.
ASML key facts
All ratios are sourced from LSEG Datastream, based on previous day’s closing values. Please remember yields are variable and not a reliable indicator of future income. Keep in mind key figures shouldn’t be looked at on their own – it’s important to understand the big picture.
This article is original Hargreaves Lansdown content, published by Hargreaves Lansdown. It was correct as at the date of publication, and our views may have changed since then. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by LSEG. These estimates are not a reliable indicator of future performance. Yields are variable and not guaranteed. Investments rise and fall in value so investors could make a loss.
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