ASML Holding N.V. (ASML) Income Statement
ASML 2025 at a glance
Fiscal year ended December 31, 2025 · eurosASML revenue and net income
Where ASML's revenue goes
2025Each bar shows an amount and its share of revenue. ASML kept 29.4% of revenue as net income.
ASML profit margins
ASML growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +15.6% | +15.6% | +18.5% | +17.9% |
| Gross profit | +22.6% | +18.1% | +21.1% | +19.8% |
| Operating income | +25.3% | +20.2% | +22.8% | +22.5% |
| Net income | +26.9% | +19.5% | +22.0% | +21.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ASML income statement in euros
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €32.67B | €28.26B | €27.56B | €21.17B | €18.61B | €13.98B | €11.82B | €10.94B | €8.96B | €6.88B |
| Cost of revenue | €15.41B | €14.18B | €13.72B | €10.70B | €8.96B | €7.35B | €6.69B | €6.05B | €5.06B | €3.86B |
| Gross profit | €17.26B | €14.08B | €13.84B | €10.47B | €9.65B | €6.63B | €5.13B | €4.90B | €3.90B | €2.94B |
| Research & development | €4.70B | €3.94B | €3.72B | €3.07B | €2.43B | €2.07B | €1.84B | €1.47B | €1.15B | €1.03B |
| Sales, general & admin | €1.26B | €1.17B | €1.11B | €945.9M | €725.6M | €544.9M | €520.5M | €488.0M | €416.0M | €374.8M |
| Total operating expenses | €5.96B | €5.06B | €4.79B | €3.97B | €3.11B | €2.58B | €2.34B | €1.93B | €1.56B | €1.37B |
| Operating income | €11.30B | €9.02B | €9.04B | €6.50B | €6.54B | €4.05B | €2.79B | €2.97B | €2.34B | €1.56B |
| Interest income | €223.0M | €182.4M | €193.9M | €16.2M | €10.0M | €8.4M | €11.6M | €13.5M | €50.3M | €33.7M |
| Interest expense | €118.3M | €153.7M | €152.1M | €60.8M | €54.6M | €43.3M | €36.6M | €41.8M | €57.5M | €38.0M |
| Income before taxes | €11.62B | €9.25B | €9.27B | €6.59B | €6.90B | €4.11B | €2.78B | €2.94B | €2.37B | €1.69B |
| Income taxes | €2.01B | €1.68B | €1.44B | €969.9M | €1.02B | €551.5M | €191.7M | €351.6M | €306.0M | €219.5M |
| Net income | €9.61B | €7.57B | €7.84B | €5.62B | €5.88B | €3.55B | €2.59B | €2.59B | €2.07B | €1.47B |
| EBITDA | €12.43B | €10.11B | €10.02B | €7.10B | €7.23B | €4.55B | €3.25B | €3.40B | €2.86B | €2.09B |
| Gross margin | 52.8% | 49.8% | 50.2% | 49.5% | 51.9% | 47.4% | 43.4% | 44.8% | 43.5% | 42.7% |
| Operating margin | 34.6% | 31.9% | 32.8% | 30.7% | 35.1% | 29.0% | 23.6% | 27.1% | 26.2% | 22.7% |
| Net margin | 29.4% | 26.8% | 28.4% | 26.6% | 31.6% | 25.4% | 21.9% | 23.7% | 23.1% | 21.4% |
| Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €11.66B | €9.33B | €8.77B | €9.72B | €7.52B | €7.69B | €7.74B | €9.26B | €7.47B | €6.24B | €5.29B | €7.24B |
| Cost of revenue | €4.96B | €4.29B | €4.12B | €4.65B | €3.64B | €3.56B | €3.56B | €4.47B | €3.67B | €3.03B | €2.59B | €3.52B |
| Gross profit | €6.70B | €5.04B | €4.64B | €5.07B | €3.88B | €4.13B | €4.18B | €4.79B | €3.79B | €3.21B | €2.70B | €3.72B |
| Research & development | €1.17B | €1.28B | €1.18B | €1.26B | €1.11B | €1.17B | €1.16B | €1.12B | €1.06B | €1.10B | €1.03B | €1.04B |
| Sales, general & admin | — | €302.7M | €302.3M | €375.2M | €303.2M | €298.7M | €280.7M | €318.4M | €297.0M | €277.0M | €281.1M | €284.1M |
| Total operating expenses | €1.53B | €1.58B | €1.49B | €1.64B | €1.41B | €1.47B | €1.44B | €1.43B | €1.35B | €1.38B | €1.31B | €1.33B |
| Operating income | €5.17B | €3.46B | €3.16B | €3.43B | €2.47B | €2.66B | €2.74B | €3.36B | €2.44B | €1.83B | €1.39B | €2.39B |
| Interest income | — | — | — | — | — | — | — | — | — | — | €16.7M | — |
| Interest expense | — | — | — | — | — | — | — | €12.7M | €800,000 | €11.9M | — | — |
| Income before taxes | €5.89B | €3.53B | €3.30B | €3.46B | €2.57B | €2.78B | €2.82B | €3.42B | €2.52B | €1.87B | €1.45B | €2.43B |
| Income taxes | €925.0M | €609.6M | €546.6M | €618.7M | €442.2M | €487.4M | €465.1M | €723.8M | €441.2M | €291.6M | €224.0M | €385.6M |
| Net income | €4.96B | €2.92B | €2.76B | €2.84B | €2.12B | €2.29B | €2.35B | €2.69B | €2.08B | €1.58B | €1.22B | €2.05B |
| EBITDA | €5.44B | €3.70B | €3.56B | €3.70B | €2.84B | €2.94B | €3.03B | €3.60B | €2.75B | €2.11B | €1.63B | €2.61B |
| Gross margin | 57.4% | 54.0% | 53.0% | 52.2% | 51.6% | 53.7% | 54.0% | 51.7% | 50.8% | 51.5% | 51.0% | 51.4% |
| Operating margin | 44.4% | 37.1% | 36.0% | 35.3% | 32.8% | 34.6% | 35.4% | 36.2% | 32.7% | 29.4% | 26.3% | 33.1% |
| Net margin | 42.5% | 31.3% | 31.4% | 29.2% | 28.3% | 29.8% | 30.4% | 29.1% | 27.8% | 25.3% | 23.1% | 28.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in euros as reported in ASML's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ASML financial results
In fiscal year 2025 (ended December 31, 2025), ASML reported revenue of €32.7 billion, up 15.6% from the year before. It had net income of €9.6 billion (up 26.9%), a net profit margin of 29.4%. Over five years revenue grew at an average rate of 18.5% a year. Figures are in euros, the currency of its financial statements.
See the ASML stock overview for the latest quote and news, or the ASML chart for price history and technical indicators.
ASML income statement FAQ
What is ASML's annual revenue?
ASML reported total revenue of €32.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 15.6% from €28.3 billion the previous year.
Is ASML profitable?
Yes. ASML reported net income of €9.6 billion in fiscal 2025, a net profit margin of 29.4%; its operating margin was 34.6%.
What is ASML's gross margin?
ASML's gross margin was 52.8% in fiscal 2025: for every $100 of revenue, ASML kept $53 after the direct cost of its products and services.
How much does ASML spend on research and development?
ASML spent €4.7 billion on research and development in fiscal 2025, 14.4% of revenue.
How fast is ASML growing?
Revenue grew 18.5% a year on average over the last five fiscal years, from €14.0 billion to €32.7 billion.
When does ASML's fiscal year end?
ASML's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.