# ASML Reports Record Q3 Profit as AI Demand Exceeds Supply

- URL: https://stocks.freetheai.org/news/asml-reports-record-q3-profit-as-ai-demand-exceeds-supply-cdc6dc
- Published: 2026-10-14T05:42:10Z
- Category: earnings; sentiment: bullish; impact: high
- Symbols: [EURONEXT:ASML](https://stocks.freetheai.org/symbols/EURONEXT-ASML)
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ASML Holding NV (EURONEXT:ASML) reported record third-quarter financial results, driven by strong demand for semiconductor manufacturing equipment. Revenue rose 55% from a year earlier to 11.66 billion euros, matching market expectations. Net income more than doubled to 4.96 billion euros, significantly beating analyst forecasts of roughly 4.13 billion euros. Gross margin reached 57.5%, exceeding the company's guidance range of 55% to 57%.

The strong profitability underlines a widening gap between customer orders and production capability. The company stated that customer demand driven by artificial intelligence is now running ahead of its planned manufacturing capacity through 2028. Customers are already discussing equipment orders for 2029 and 2030, reinforcing views that semiconductor capital spending is entering a sustained multi-year growth cycle.

Looking ahead, the company projects fourth-quarter revenue between 14.2 billion and 15.2 billion euros with a gross margin around 57%. It also updated its 2026 financial targets, narrowing its revenue range to between 44 billion and 45 billion euros while raising its gross margin outlook to approximately 56%.

## Key points

- ASML third-quarter net income more than doubled year-over-year to 4.96 billion euros, beating expectations of 4.13 billion euros.
- Revenue surged 55% from a year earlier to 11.66 billion euros, matching market forecasts, while gross margin reached 57.5%.
- Customer demand driven by artificial intelligence is projected to exceed the company's planned equipment supply through 2028.
- Fourth-quarter revenue is expected to land between 14.2 billion and 15.2 billion euros with gross margin near 57%.
- The 2026 sales forecast was narrowed to between 44 billion and 45 billion euros, with gross margin outlook raised to around 56%.

## Questions and answers

### What were ASML third quarter earnings for 2026?

ASML reported record third-quarter net income of 4.96 billion euros on revenue of 11.66 billion euros, up 55% year-over-year. Gross margin reached 57.5%, beating analyst expectations.

### Why is AI demand affecting ASML supply capacity?

Customers are raising equipment forecasts for artificial intelligence infrastructure, causing projected demand for 2027 and 2028 to exceed ASML's planned manufacturing capacity.

### What is ASML revenue forecast for 2026?

ASML narrowed its 2026 revenue target to between 44 billion and 45 billion euros and raised its gross margin forecast to around 56%.