ASML Q2 2024 Earnings — Income Statement Breakdown
For its Q2 2024 period (ending 2024-06-30), ASML reported revenue of $6.2B, gross profit of $3.2B (51.5% gross margin), operating income of $1.8B, and net income of $1.6B (25.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
ASML was profitable; revenue grew 18.0% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +18.0% | +28.9% | +2.1 pp |
Consensus estimate data is not available for this report.
ASML Q2 2024 Income Statement
| Line item | Amount (EUR) | % of revenue |
|---|---|---|
| Revenue | $6.2B | 100% |
| Cost of Revenue | −$3.0B | 48.5% |
| Gross Profit | $3.2B | 51.5% |
| Research & Development | −$1.1B | 17.6% |
| Selling, General & Administrative | −$277M | 4.4% |
| Operating Income | $1.8B | 29.4% |
| Other Income, net | $35M | 0.6% |
| Income Tax Expense | −$292M | 4.7% |
| Net Income | $1.6B | 25.3% |
Source: original SEC filing (filed 2024-07-17). Accession 0000937966-24-000019. Data normalized by EarningsFyi.