ASML Holding N.V. (ASML) Announced Q2 2026 Earnings on July 15, 2026, Reporting "total net sales were EUR 9.3 billion"

For the second quarter of 2026, ASML reported that "total net sales were EUR 9.3 billion". Management noted that "Gross margin for the quarter was above our guidance at 54%". The company stated that "Net income in Q2 was EUR 2.9 billion" and resulted in "earnings per share of EUR 7.59". ASML additionally reported that "free cash flow in Q2 was EUR 1.3 billion".During the call, management highlighted that "Strong end market demand this year has motivated our customers to aggressively add capacity on their leading-edge nodes". Looking ahead to 2027, ASML stated they are "planning to increase our low NA EUV capacity by around 30%" and are also "investigating a further 30% capacity increase" for 2028. In notable product milestones, ASML announced that "Intel foundry is using ASML High NA EUV technology on the Intel 18A process node to produce a subset of its Intel core Ultra-series reprocessors".Providing forward guidance, management shared that they "expect Q3 total net sales to be between EUR 11 billion and EUR 12 billion" and that "Gross margin for Q3 is expected to be between 55% and 57%". For the full year 2026, ASML is "updating our full year 2026 guidance" and now expects "total net sales between EUR 43 billion and EUR 45 billion, with a gross margin between 54% and 56%". Management also expects "memory-related net system sales to grow by over 75% this year".