ASML reports €5.3 billion total net sales and €1.2 billion net income in Q1 2024

ASML reports €5.3 billion total net sales and €1.2 billion net income in Q1 2024
2024 outlook unchanged

VELDHOVEN, the Netherlands, April 17, 2024 – Today, ASML Holding NV (ASML) has published its 2024 first-quarter results.

• Q1 total net sales of €5.3 billion, gross margin of 51.0%, net income of €1.2 billion
• Quarterly net bookings in Q1 of €3.6 billion² of which €656 million is EUV
• ASML expects Q2 2024 total net sales between €5.7 billion and €6.2 billion, and a gross margin between 50% and 51%
• ASML expects 2024 total net sales to be similar to 2023

(Figures in millions of euros unless otherwise indicated)	Q4 2023		Q1 2024
Total net sales	7,237		5,290
...of which Installed Base Management sales1	1,555		1,324
New lithography systems sold (units)	113		66
Used lithography systems sold (units)	11		4
Net bookings2	9,186		3,611
Gross profit	3,717		2,697
Gross margin (%)	51.4		51.0
Net income	2,048		1,224
EPS (basic; in euros)	5.21		3.11
End-quarter cash and cash equivalents and short-term investments	7,010		5,406

(1) Installed Base Management sales equals our net service and field option sales