ASML reported on Wednesday orders that smashed past expectations while 2026 sales guidance was also ahead of estimates as AI demand continues to support the Dutch chip giant's business.
Bookings, one of the most closely-watched metrics from investors, came in at 13.2 billion euros ($15.8 billion) in the fourth quarter of 2025, ahead of analyst expectations of 6.32 billion euros, according to Visible Alpha, as cited by Reuters. This was a record quarter for orders, according to ASML's finance chief Roger Dassen.
ASML also announced a 12-billion-euro share buyback plan to be executed by Dec. 31, 2028.
The company said it expects net sales in the current quarter of between 8.2 billion and 8.9 billion euros and total sales for 2026 to come in at between 34 billion euros and 39 billion euros. The mid-point is above analyst expectations of 35.1 billion.
ASML previously said it does not expect 2026 total net sales to be below 2025. The company's forecast points to revenue growth of at least 20% compared to 2024, signaling an improvement on its prior commentary on 2026, when a rise in revenue was uncertain.
Here's how ASML did versus LSEG consensus estimates for the fourth quarter:
Net sales: 9.7 billion euros ($11.6 billion) versus 9.6 billion euros expected
Net profit: 2.84 billion euros vs 3.01 billion euros expected
ASML also announced on Wednesday that it was going to make layoffs which would result in a net reduction of around 1,700 positions, mostly in the Netherlands, with some in the United States. In some cases the company's way of working has become "less agile" and the job cuts are intended to address this issue, the company said.