ASML

ASML Q3 2026: Record €11.7B revenue and 57.5% gross margin as AI-driven demand now outstrips planned 2027-2028 supply capacity

ASML's Q3 2026 results are structurally bullish: record quarterly net sales of €11.7 billion and a gross margin of 57.5% both beat guidance, and management has now disclosed that planned supply for both 2027 and 2028 will not fully meet customer demand — a supply constraint declaration that is new this period. Customers are requesting orders for 2029 and even 2030, a demand visibility horizon that extends materially beyond prior periods. ASML is actively investigating capacity expansions for 2028 beyond the previously communicated 30% increase, and will update its longer-term framework at a Capital Markets Day on June 10, 2027.

ASML Holding NV is a Dutch semiconductor equipment manufacturer that designs and produces lithography systems used by chipmakers worldwide to manufacture integrated circuits. The company is the sole global supplier of extreme ultraviolet (EUV) lithography machines, which are essential for producing the most advanced semiconductor nodes. ASML sells systems and provides ongoing service and field options to leading logic and memory chip manufacturers.

Primary products

• EUV lithography systems
• DUV lithography systems
• High NA EUV systems
• Installed Base Management (service and field options)
• YieldStar overlay metrology systems
• Holistic lithography software