ASML reports €21.2 billion net sales and €5.6 billion net income in 2022
Despite challenging environment, continued strong sales growth expected in 2023
VELDHOVEN, the Netherlands, January 25, 2023 – today ASML Holding NV (ASML) has published its 2022 fourth-quarter and full-year results.
- Q4 net sales of €6.4 billion, gross margin of 51.5%, net income of €1.8 billion
- Quarterly net bookings in Q4 of €6.3 billion2 of which €3.4 billion is EUV
- 2022 net sales of €21.2 billion, gross margin of 50.5%, net income of €5.6 billion
- ASML expects 2023 net sales to grow over 25% compared to 2022
- ASML expects Q1 2023 net sales between €6.1 billion and €6.5 billion and a gross margin between 49% and 50%
- The value of fast shipments* in 2022 leading to delayed revenue recognition into 2023 is around €3.1 billion
- ASML intends to declare a total dividend for the year 2022 of €5.80 per ordinary share; a 5.5% increase compared to 2021
(*) A fast shipment process skips some of the testing in our factory. Final testing and formal acceptance then takes place at the customer site. This leads to a deferral of revenue recognition for those shipments until formal customer acceptance, but does provide our customers with earlier access to wafer output capacity.
| (Figures in millions of euros unless otherwise indicated) | Q3 2022 | Q4 2022 | FY 2021 | FY 2022 |
| Net sales | 5,778 | 6,430 | 18,611 | 21,173 |
| ...of which Installed Base Management sales 1 | 1,524 | 1,682 | 4,958 | 5,743 |
| New lithography systems sold (units) | 80 | 95 | 286 | 317 |
| Used lithography systems sold (units) | 6 | 11 | 23 | 28 |
| Net bookings 2
| 8,920 | 6,316 | 26,240 | 30,674 |
| Gross profit | 2,994 | 3,311 | 9,809 | 10,700 |
| Gross margin (%) | 51.8 | 51.5 | 52.7 | 50.5 |
| Net income | 1,701 | 1,817 | 5,883 | 5,624 |
| EPS (basic; in euros) | 4.29 | 4.60 | 14.36 | 14.14 |
| End-quarter cash and cash equivalents and short-term investments | 3,363 | 7,376 | 7,590 | 7,376 |
