ASML lifts 2026 sales outlook and warns tool capacity will fall short through 2028
ASML delivered strong third-quarter earnings and raised the lower end of its full-year 2026 sales forecast, but cautioned that planned supply for its chipmaking equipment will fall short of customer demand through 2028.
Dutch semiconductor equipment maker ASML raised the lower end of its full-year 2026 net sales forecast to between €44 billion and €45 billion, up from a previous €43 billion to €45 billion range, following a strong third quarter. The upgrade marks the third consecutive quarter that ASML has lifted its sales outlook as surging artificial intelligence spending fuels demand for its lithography equipment, according to Bloomberg. For the third quarter, the company reported net sales of €11,662 million and net income of approximately €5.0 billion, with gross margin reaching 57.5%.[1][3][7][10]
Despite the upbeat results, ASML warned that planned equipment supply will not fully meet customer demand in either 2027 or 2028. The company is exploring ways to expand manufacturing capacity for 2028 beyond the 30% increase it had previously communicated. Reuters reported that ASML's robust bookings helped quell investor concerns that AI infrastructure spending might be slowing, even as the capacity shortfall highlights supply-chain constraints facing the broader technology sector.[3][6][8][11][13]
Strong customer appetite is already stretching past the medium term, with buyers expressing interest in placing orders for 2029 and asking to book slots for 2030, according to CNBC and MarketWatch. In the third quarter, ASML sold 17 extreme ultraviolet (EUV) machines, which can cost as much as $400 million each. For the fourth quarter of 2026, the company projected net sales of €14.2 billion to €15.2 billion with a gross margin of roughly 57%, alongside quarterly capital returns that included about €4.1 billion in share repurchases and an interim dividend of €1.88 per share.[3][4][9][12][14]
Key facts
- ASML reported third-quarter 2026 net sales of €11,662 million, net income of approximately €5.0 billion, and a gross margin of 57.5%.
- ASML raised the low end of its full-year 2026 net sales guidance to €44 billion–€45 billion, marking the third consecutive quarter it has raised its outlook.
- ASML stated that currently planned supply will not fully meet customer demand in either 2027 or 2028.
- ASML is investigating options to expand 2028 capacity beyond the 30% increase it previously announced.
- Customers have expressed interest in placing equipment orders for 2029 and are already asking to book orders for 2030.
- ASML guided fourth-quarter net sales to €14.2 billion–€15.2 billion with a gross margin of about 57%.
- ASML sold 17 EUV lithography machines during the third quarter, which cost up to $400 million each.
- ASML repurchased approximately €4.1 billion in shares during Q3 and paid an interim dividend of €1.88 per share.
Sources · 11 sources
- BL
Bloomberg@businessPost on X ·
ASML upgraded the low end of its 2026 sales forecast, the third consecutive quarter it raised its outlook, as soaring artificial intelligence spending boosts demand for the Dutch company’s chip-making machines https://t.co/6Ap7qoGB5z
Open source - FT
Financial Times@FTPost on X ·
AI demand to exceed supply for 2 more years, says ASML https://t.co/MfTH37YZfu
Open source - WS
Wall St Engine@wallstenginePost on X ·
$ASML Q3’26 EARNINGS HIGHLIGHTS 🔹 Net Sales: €11,662M (Est. €11.56B) 🟢 🔹 EPS: €12.95 (Est. €10.60) 🟢 🔹 Gross Margin: 57.5% (Est. 54.8%) 🟢 🔹 Net Income: €5.0B (Est. €4.06B) 🟢 FY26 Guide: 🔹 Net Sales: €44B-€45B (Est. €43.73B) 🟢 🔹 Gross Margin: ~56% (Est. 54.0%) 🟢 Q4 Guide: 🔹 Net Sales: €14.2B-€15.2B (Est. €13.8B) 🟢 🔹 Gross Margin: ~57% (Est. 54.9%) 🟢 🔹 R&D Costs: ~€1.2B 🔹 SG&A Costs: ~€0.4B Capital Return: 🔹 Share Buybacks: ~€4.1B in Q3 🔹 Interim Dividend: €1.88/share Key Updates: 🔹 Supply as currently planned for both 2027 and 2028 will not fully meet customer demand 🔹 Investigating ways to increase capacity for 2028 beyond the 30% increase previously communicated
Open source - EV
Evan@StockMKTNewzPost on X ·
$ASML said it sold 17 EUV machines during Q3 The machines cost as much as $400 Million per unit and are critical for the making of the most advanced semiconductors https://t.co/CO0WPFw1S6
Open source - SB
Shay Boloor@StockSavvyShayPost on X ·
$ASML Q3 EARNINGS • Revenue $13.06B vs Est. $12.95B • EPS $14.50 vs Est. $11.87 • Net Income $5.6B vs. Est. $4.5B • Gross margins 58% vs. Est. 55% FY26 Guidance • Revenue $50B vs Est. $49B • Gross margins 56% vs. Est. 54% Supply plans for 2027 and 2028 still fall short of demand with the company now exploring additional 2028 capacity beyond the 30% increase already announced.
Open source - RE
Reuters@ReutersPost on X ·
ASML says AI demand will exceed chip-tool capacity through 2028 https://t.co/t5OJ2PSD91 https://t.co/t5OJ2PSD91
Open source - QU
Quartz@qzPost on X ·
ASML's quarterly profit surged to €5 billion as customers seek orders through 2030: The Dutch chip equipment maker also raised the lower end of its full-year sales forecast to €44 billion–€45 billion dlvr.it/TVvqTH https://t.co/5OWFKGCN4a
Open source - TE
Techmeme@TechmemePost on X ·
ASML says it cannot fully meet AI-driven demand for its chipmaking tools in 2027 and 2028, and is seeing "strong interest" in orders for 2029 and 2030 (Reuters) (Visit Techmeme dot com for the link and full context!)
Open source - MA
MarketWatch@MarketWatchPost on X ·
ASML says customers are asking to place orders -- for 2030 https://t.co/zdVBkioeDN
Open source - TE
Techmeme@TechmemePost on X ·
ASML reports Q3 net sales of €11.66B, vs. €11.72B est., a €4.96B net profit, vs. €4.1B est., and raises its 2026 net sales forecast from €43B-€45B to €44B-€45B (@arjunkharpal / CNBC) (Visit Techmeme dot com for the link and full context!)
Open source - CB
Crypto BriefingArticle ·
ASML says AI chip demand will outrun its supply in 2027 and 2028 ASML's supply constraints could hinder AI infrastructure growth, impacting tech advancements and potentially delaying industry progress. The post ASML says AI chip demand will outrun its supply in 2027 and 2028 appeared first on Crypto Briefing .
Open source - MA
MarketWatch@MarketWatchPost on X ·
Chip bellwether ASML says customers are already asking to place orders — for 2030 https://t.co/JNGVl2eMad
Open source - RE
Reuters@ReutersPost on X ·
ASML's strong orders ease fears AI spending boom is running out of steam https://t.co/pv7f7nI51t https://t.co/pv7f7nI51t
Open source - CN
CNBC@CNBCPost on X ·
ASML said Wednesday that some of its customers are expressing interest in placing orders for its critical semiconductor tools for 2029 and 2030 as the company reported third-quarter profit that beat expectations. The comments will likely comfort investors who have been looking to assess the longer-term demand outlook for ASML’s lithography machines: https://t.co/wG4tEssliX
Open source