ASML reported first-quarter 2026 revenue of €8.8 billion. This result surpassed market expectations. The company's stock experienced volatility following the announcement.
Pre-market trading declined due to lower gross margin guidance for the second quarter. ASML expects margins between 51% and 52%. This forecast represents a decrease from the 53% margin achieved in the first quarter.
TSMC indicated it will delay the adoption of ASML’s advanced High-NA EUV machines. The major customer cited high costs for the decision. This delay reduces near-term demand visibility for ASML's highest-margin systems.