Netherlands-based ASML Holding NV, the world’s leading chip equipment maker, saw its net profit and revenue fall in the first quarter of 2026, while both figures exceeded analysts’ expectations.
The company said in a press release that its net profit in the January-March quarter was €2.76 billion, or €7.15 per share, compared with €2.84 billion, or €7.35 per share, in the same period a year earlier.
Revenue dipped 10 per cent to €8.77 billion from €9.72 billion a year earlier.
Experts polled by Visible Alpha had on average estimated the company’s profit at €2.58bn on revenue of €8.69bn.
The quarterly statement no longer includes data on new orders. Last year, the company warned that it would stop publishing this highly volatile figure.
The company has improved its full-year forecast and now expects revenue of €36-40bn. Previously it had expected €34-39bn.
Management intends to recommend a 17 per cent increase in last year’s total dividend to €7.5 per share. The company repurchased €1.1bn worth of its own shares in the first quarter.
ASML’s market value has jumped almost 40% to €490.5bn since the beginning of the year.