Below is Dolphin Research's recap of ASML's FY26 Q2 earnings call. For our earnings analysis, please see 'ASML: AI panic everywhere, is the shovel trade running hot?'.

ASML released Q2 2026 results ahead of the U.S. open on Jul 15 (Beijing time). The quarter ended Jun 2026, with key points below: 1) Revenue & GPM.

a) Revenue was €9.3bn (+21% YoY), beating consensus (€8.9bn). Growth was driven by lithography system pull-ins from TSMC and Korean customers, and higher services revenue.

b) GPM was 54%. This was clearly above prior guidance (51–52%)...

Below is Dolphin Research's compiled Trans of ASML's 26Q1 earnings call; for our take, see 'ASML: With AI fever still high, is the lithography pullback just a head fake?'.

1) Shareholder returns: In Q1, the company paid the third interim dividend for 2025 of EUR 1.60/share. It plans a total FY25 dividend of EUR 7.50/share (+17% YoY), implying a final dividend proposal of EUR 2.70/share.

ASML released its Q1 2026 results (through Mar) before the U.S. market open on Apr. 15 (Beijing time). Key takeaways: 1) Revenue & GPM:

a) $ASML(ASML.US) reported revenue of €8.77bn (+13% YoY), in line with market expectations (€8.7bn). Growth was driven by EUV demand from Korean customers and higher service revenue.

b) GPM was 53%. That is the top end of the 51–53% guidance range...

Below is Dolphin Research's Trans of ASML's Q4 2025 earnings call. For our earnings analysis, please see 'ASML: Memory orders are booming, and the lithography supercycle is here!'.

ASML released Q4 2025 results before the U.S. market open on Jan 28, 2026 (Beijing time). The quarter ended Dec 2025; key takeaways follow.

The following are the Minutes of ASML's Q3 2025 earnings call. For an interpretation of the financial report, please refer to "ASML: AI Capex Adds Buff, The Worst Period is Over!" 1. $ASML(ASML.US) Review of Core Financial Information 1. Shareholder Returns Dividends: The first interim dividend for 2025 has been paid, at EUR 1.60 per share. The second interim dividend, also EUR 1.60 per share, will be paid (Payment Date: November 6, 2025). Stock Repurchase: Approximately EUR 148 million worth of shares were repurchased in the third quarter...

ASML released its Q3 2025 financial report (up to September 2025) before the U.S. stock market opened on the afternoon of October 15, 2025, Beijing time. The key points are as follows: 1. Revenue & Gross Margin: a) $ASML(ASML.US) reported a revenue of 7.5 billion euros this quarter, a year-on-year increase of 0.7%, compared to the market expectation of 7.7 billion euros. The company's revenue this quarter mainly came from contributions by TSMC and customers in mainland China. b) The gross margin for this quarter was 51.6%, close to the upper end of the company's guidance range (50-52%), mainly due to an increase in the proportion of service-related revenue...

ASML released its Q2 2025 financial report (ending June 2025) before the U.S. stock market opened on the afternoon of July 16, 2025, Beijing time. Key points are as follows: Here are the minutes of ASML's Q2 2025 earnings call. For an interpretation of the financial report, please refer to "ASML: The Hot Nvidia, Can It Warm Up the Cool Lithography Machines?" 1. $ASML(ASML.US) Core Financial Information Review 1. Second Quarter Performance and Revenue: Total net sales amounted to 7.7 billion euros, at the upper end of the company's expectations...

$ASML(ASML.US) released its Q2 2025 financial report (ending June 2025) before the U.S. stock market opened on the afternoon of July 16, 2025, Beijing time. Key points are as follows: 1. Revenue & Gross Margin: a) This quarter's revenue was 7.7 billion euros, up 23.2% year-on-year, exceeding market expectations (7.5 billion euros). The year-on-year growth was attributed to the recognition of revenue from one High NA EUV system and increased revenue from installation and upgrade services. b) This quarter's gross margin was 53.7%, surpassing the company's guidance (50-52%), mainly due to the increased proportion of service-related revenue...