ASML · ASML Holding (US-listed NY registry shares)
Semiconductor Equipment & Materials (lithography)
ASML·Semiconductor Equipment & Materials (lithography)
AS

ASML Holding (US-listed NY registry shares)

ConvictionStrong

Capital-equipment OEM: sells advanced lithography scanners (EUV / High-NA EUV / DUV) to leading-edge logic and memory fabs, plus a high-margin recurring Installed Base Management (service, upgrades, spares) annuity on a fleet of ~6,500 systems.

Revenuefact
€32.7B FY2025€36–40B guided FY2026 (raised from €34–39B at Q1
Rev growthfact
+16% FY2025 YoY+13% YoY in Q1 FY26 to €8.8B (fact
Gross margin
52.8% FY202553.0% Q1 FY26 (fact, high end of guide
Op marginfact
~33% FY2025est); net margin 31.4% Q1 FY26
Capex intensity
Low/asset-light: capex ~5–6% of salesest, ~€1.5–2B/yr); the heavy capex sits with ASML's fab customers, not ASML
Market cap
~$698B25 Jun 2026, fact

Price · 1-year trend

real · weekly
$1841+131% 1yUSD
52-week range
$690 – $1930
52w lowas of 2026-06-25 · Yahoo Finance52w high
Across the boards

The thesis on this name

opportunityModerate

AI Compute Value-Chain

Full context
position · longWeak

AI Compute Value-Chain

Full context
book · long

AI Compute Value-Chain

Full context
opportunityModerate

Memory super-cycle monitor

Full context
position · longStrong

Memory super-cycle monitor

Full context
book · long

Memory super-cycle monitor

Full context
The read

Where our coverage leans

Coverage leans bullish

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Full financial intelligence for ASML Holding (US-listed NY registry shares)

Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.

  • Income statement & margin structure
  • SWOT, moats & dependency map
  • Supplier–customer ecosystem graph
  • Signals, trends & valuation range
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Not investment advice — analyst work product for a qualified professional.· intel vintage Jun 2026· sign in (free) for the analyst summary; Pro unlocks full intelligence
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