ASML's EUV Lithography Monopoly Drives Strong Financial Results and Growth
Summary
ASML holds a monopoly on Extreme Ultraviolet (EUV) lithography machines essential for advanced chip manufacturing by TSMC, Samsung, Intel, and SK Hynix. The company has shipped its first High NA EUV system (TWINSCAN EXE:5200B) while competitor xLight remains in lab stage. ASML reported FY 2025 revenue of $37.94 billion, net income of $11.16 billion (up 26.91% YoY), a 52.8% gross margin, and a $45.06 billion year-end backlog. Q1 2026 EPS was $8.43 with a 36.0% operating margin. The 2025 dividend increased 17% to $7.50 per share, with a new €12 billion share buyback program announced.
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Key quotes
· 3 pulledASML is the only global manufacturer of Extreme Ultraviolet (EUV) lithography machines used by TSMC, Samsung, Intel, and SK Hynix to produce advanced logic and memory chips.
Year-end backlog totals $45.06 billion, and FY 2025 results show $37.94 billion revenue, $11.16 billion net income (+26.91% YoY), and 52.8% gross margin.
The 2025 dividend was $7.50 per ordinary share (+17% vs 2024), and a new 12 billion
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