ASML Holding Q3 Earnings Beat Estimates, Revenues Rise Y/Y

ASML Holding (ASML) reported third-quarter 2025 earnings of €5.48 per share, which increased 3.8% year over year. Converted to USD, ASML’s third-quarter 2025 earnings came at $6.41 per share, which surpassed the Zacks Consensus Estimates by 2.2%.ASML reported total net sales of €7.52 billion for the third quarter of 2025, up 0.7% year over year. Converted to USD, ASML’s third-quarter 2025 revenues were $8.78 billion, which lagged the Zacks Consensus Estimate by 0.3%.ASML’s Financials in DetailSegment-wise, ASML’s Systems net sales were €5.554 billion, which contributed 73.9% to its top line, reflecting a decline of 6.3% from the year-ago quarter. The Systems’ sales were mainly driven by traction in logic, followed by memory.ASML Holding’s Services and Field segment’s net sales were pegged at €1.962 billion (26.1% of the top line), up 27.3% from the prior-year quarter.ASML Holding N.V. Price, Consensus and EPS Surprise ASML Holding N.V. price-consensus-eps-surprise-chart | ASML Holding N.V. QuoteASML’s gross margin was 51.6%, which expanded 80 basis points (bps) from the year-ago quarter.Operating expenses were €1.41 billion, up 4.4% from the year-ago quarter. As a percentage of sales, the figure contracted 160 bps from the year-earlier quarter to 18.80%.The non-GAAP operating margin of 32.8% expanded 20 bps year over year.Balance Sheet & Cash Flow of ASMLAs of Sept. 28, 2025, cash, cash equivalent balances and short-term investments were €5.13 billion, down from €7.25 billion as of June 29, 2025.Inventories were €11.76 billion in the third quarter compared with €11.58 billion in the second quarter of 2025. Accounts receivables increased to €5.36 billion from €4.99 billion in the previous quarter.The long-term debt was €2.70 billion at the end of the quarter, down from the previous quarter’s €3.69 billion. ASML posted a net negative cash flow of €2.117 billion.GuidanceFor the fourth quarter of 2025, ASML expects total net sales between €9.2 billion and €9.8 billion. In terms of USD, the projection stands between $10.72 billion and $11.42 billion. The Zacks Consensus Estimate is pegged at $11.02 billion.The company anticipates a gross margin between 51% and 53%. Research and development costs are projected to be around €1.2 billion, while selling, general and administrative expenses are expected to be approximately €320 million.For full-year 2025, ASML expects total net sales to grow by approximately 15% year over year, with a gross margin of around 52%.Zacks Rank and Stocks to ConsiderCurrently, ASML carries a Zacks Rank #3 (Hold).Some better-ranked stocks that investors can consider are Analog Devices (ADI), Dell Technologies (DELL) and CrowdStrike (CRWD), each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.Analog Devices’ shares have gained 11.9% year to date. The Zacks Consensus Estimate for Analog Devices’ full-year fiscal 2025 earnings is pegged at $7.75 per share, up 4.7% over the past 60 days, indicating an increase of 21.5% from the year-ago quarter’s reported figure.Dell Technologies shares have gained 33.7% year to date. The Zacks Consensus Estimate for Dell Technologies’ full-year fiscal 2026 earnings is pegged at $9.54 per share, up 0.7% over the past 60 days, indicating a rise of 17.2% from the year-ago quarter’s reported figure.CrowdStrike’s shares have rallied 43% year to date. The Zacks Consensus Estimate for CrowdStrike’s full-year fiscal 2026 earnings is pegged at $3.67 per share, down by a cent over the past 30 days, indicating a decline of 6.6% from the year-ago quarter’s reported figure.Free Report: Profiting from the 2nd Wave of AI ExplosionThe next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives.Investors who bought shares like Nvidia at the right time have had a shot at huge gains.But the rocket ride in the "first wave" of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies.Zacks' AI Boom 2.0: The Second Wave report reveals 4 under-the-radar companies that may soon be shining stars of AI’s next leap forward.Access AI Boom 2.0 now, absolutely free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Analog Devices, Inc. (ADI): Free Stock Analysis Report Dell Technologies Inc. (DELL): Free Stock Analysis Report ASML Holding N.V. (ASML): Free Stock Analysis Report CrowdStrike (CRWD): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks