ASML has published its 2024 fourth-quarter and full-year results.
In Q4, ASML reported total net sales of €9.3 billion, with a gross margin of 51.7% and a net income of €2.7 billion. The company recorded quarterly net bookings of €7.1 billion, including €3.0 billion from EUV systems.
For the full year 2024, ASML achieved total net sales of €28.3 billion, with a gross margin of 51.3% and a net income of €7.6 billion.
Looking ahead, ASML expects total net sales for Q1 2025 to be between €7.5 billion and €8.0 billion, with a gross margin ranging from 52% to 53%. For the full year 2025, the company anticipates total net sales of between €30 billion and €35 billion, with a gross margin between 51% and 53%.
“Our fourth quarter was a record in terms of revenue, with total net sales coming in at €9.3 billion, and a gross margin of 51.7%, both above our guidance. This was primarily driven by additional upgrades. We also recognised revenue on two High NA EUV systems. We shipped a third High NA EUV system to a customer in the fourth quarter.
“ASML achieved another record year, ending with total net sales for 2024 of €28.3 billion, and a gross margin of 51.3%.
“Consistent with our view from the last quarter, the growth in artificial intelligence is the key driver for growth in our industry. It has created a shift in the market dynamics that is not benefiting all of our customers equally, which creates both opportunities and risks as reflected in our 2025 revenue range,” said ASML President and Chief Executive Officer Christophe Fouquet.
ASML intends to declare a total dividend for the year 2024 of €6.40 per ordinary share, which is a 4.9% increase compared to 2023. An interim dividend of €1.52 per ordinary share will be made payable on February 19, 2025. Recognizing this interim dividend and the two interim dividends of €1.52 per ordinary share paid in 2024, this leads to a final dividend proposal to the General Meeting of €1.84 per ordinary share.
