ASML Q1 2025 Earnings — Income Statement Breakdown

For its Q1 2025 period (ending 2025-03-30), ASML reported revenue of $7.7B, gross profit of $4.2B (54.0% gross margin), operating income of $2.7B, and net income of $2.4B (30.4% net margin). The flow of revenue into costs and profit is visualized below.

What changed

ASML was profitable; revenue grew 46.3% year over year.

ComparisonRevenueNet incomeNet margin
Year over year+46.3%+92.4%+7.3 pp
Quarter over quarter−16.4%−12.6%+1.3 pp

Consensus estimate data is not available for this report.

ASML Q1 2025 Income Statement

ASML Q1 2025 income statement. Figures in EUR.
Line itemAmount (EUR)% of revenue
Revenue$7.7B100%
Cost of Revenue−$3.6B46.0%
Gross Profit$4.2B54.0%
Research & Development−$1.2B15.0%
Selling, General & Administrative−$281M3.6%
Operating Income$2.7B35.4%
Other Income, net$82M1.1%
Income Tax Expense−$465M6.0%
Net Income$2.4B30.4%

Source: original SEC filing (filed 2025-04-16). Accession 0000937966-25-000014. Data normalized by EarningsFyi.