ASML Q3 2024 Earnings — Income Statement Breakdown
For its Q3 2024 period (ending 2024-09-29), ASML reported revenue of $7.5B, gross profit of $3.8B (50.8% gross margin), operating income of $2.4B, and net income of $2.1B (27.8% net margin). The flow of revenue into costs and profit is visualized below.
What changed
ASML was profitable; revenue grew 11.9% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +11.9% | +9.7% | −0.6 pp |
| Quarter over quarter | +19.6% | +31.6% | +2.5 pp |
Consensus estimate data is not available for this report.
ASML Q3 2024 Income Statement
| Line item | Amount (EUR) | % of revenue |
|---|---|---|
| Revenue | $7.5B | 100% |
| Cost of Revenue | −$3.7B | 49.2% |
| Gross Profit | $3.8B | 50.8% |
| Research & Development | −$1.1B | 14.1% |
| Selling, General & Administrative | −$297M | 4.0% |
| Operating Income | $2.4B | 32.7% |
| Other Income, net | $77M | 1.0% |
| Income Tax Expense | −$441M | 5.9% |
| Net Income | $2.1B | 27.8% |
Source: original SEC filing (filed 2024-10-15). Accession 0000937966-24-000022. Data normalized by EarningsFyi.