ASML Q1 2024 Earnings — Income Statement Breakdown
For its Q1 2024 period (ending 2024-03-31), ASML reported revenue of $5.3B, gross profit of $2.7B (51.0% gross margin), operating income of $1.4B, and net income of $1.2B (23.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
ASML was profitable; revenue fell 26.9% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −26.9% | −40.2% | −5.2 pp |
Consensus estimate data is not available for this report.
ASML Q1 2024 Income Statement
| Line item | Amount (EUR) | % of revenue |
|---|---|---|
| Revenue | $5.3B | 100% |
| Cost of Revenue | −$2.6B | 49.0% |
| Gross Profit | $2.7B | 51.0% |
| Research & Development | −$1.0B | 19.5% |
| Selling, General & Administrative | −$273M | 5.2% |
| Operating Income | $1.4B | 26.3% |
| Other Income, net | $56M | 1.1% |
| Income Tax Expense | −$224M | 4.2% |
| Net Income | $1.2B | 23.1% |
Source: original SEC filing (filed 2024-04-17). Accession 0000937966-24-000013. Data normalized by EarningsFyi.