---
title: "ASML exited 1Q25 with around €34B backlog. Assuming they hit the mid-point of the revenue guidance i"
description: "ASML exited 1Q25 with around €34B backlog. Assuming they hit the mid-point of the revenue guidance in CY25 and flat system revenue for 2026, they seem to have to a 60% coverage for CY26 already. For E"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/100000000145515.md"
published_at: "2025-07-15T17:05:02.000Z"
author: "[AI Gossip](https://longbridge.com/en/profiles/17581203)"
---

# ASML exited 1Q25 with around €34B backlog. Assuming they hit the mid-point of the revenue guidance i

ASML exited 1Q25 with around €34B backlog. Assuming they hit the mid-point of the revenue guidance in CY25 and flat system revenue for 2026, they seem to have to a 60% coverage for CY26 already. For EUV they already secured full coverage through 2025 and 90% coverage for DUV. Probably need €3.4B order per quarter for the next 3 quarters to have at least flat system revenue for '26.

Source: Sravan Kundojjala

### Related Stocks

- [ASML.US - ASML](https://longbridge.com/en/quote/ASML.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.