ASML Q4 FY25: where the revenue came from and where it went
The whole income statement of ASML for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Sep 29 – Dec 31, 2025
- Reported
- Jan 28, 2026
Revenue€9.72B
+5% year over year
Gross profit€5.07B
52% margin
Operating profit€3.43B
35% margin
Net profit€2.84B
29% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 9.72 | 100% | +5% |
| EUV systems | 3.63 | 37% | +22% |
| DUV & other systems | 3.95 | 41% | −5% |
| Installed Base Management | 2.13 | 22% | −1% |
| Cost of revenue | −4.65 | 48% | |
| Gross profit | 5.07 | 52% margin | +0pp |
| R&D | −1.26 | 13% | +1pp |
| SG&A | −0.38 | 4% | +0pp |
| Operating profit | 3.43 | 35% margin | −1pp |
| Interest & other, net | 0.03 | ||
| Tax | −0.62 | ||
| Net profit | 2.84 | 29% margin | +0pp |
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