ASML Holding (NASDAQ:ASML) today reported financial results for the fourth quarter and full year 2025, reflecting continued demand for advanced lithography systems amid a recovering semiconductor market.
Fourth-quarter total net sales reached €9.7 billion, with a gross margin of 52.2% and net income of €2.8 billion.
Quarterly net bookings totaled €13.2 billion, of which €7.4 billion was for extreme ultraviolet (EUV) systems.
For the full year, net sales were €32.7 billion with a gross margin of 52.8% and net income of €9.6 billion.
Backlog at year-end stood at €38.8 billion.
Following the quarter's performance, the company expects first-quarter 2026 total net sales between €8.2 billion and €8.9 billion, with gross margin in the range of 51% to 53%.
For the full year 2026, ASML guided for total net sales of €34 billion to €39 billion, also with gross margin of 51% to 53%.
Elsewhere, the board approved a new share buyback program of up to €12 billion, to be executed by December 31, 2028, underscoring confidence in the company’s long-term cash generation and commitment to shareholder returns.