ASML Announces 2022Q3 Financial Results

ASML announced its financial report for the third quarter of 2022, showing that net sales in the quarter were 5.8 billion euros, the gross profit margin was 51.8%, and the net profit was 1.7 billion euros.
ASML CEO Peter Wennink said that in the third quarter of 2022, net sales and gross profit margins were higher than expected, and new orders reached a record high of 8.9 billion euros, of which 3.8 billion EUR comes from orders for EUV systems, including High-NA systems. While the market is full of uncertainty, driven by global macroeconomic factors such as inflation, consumer confidence, and the risk of recession, and segments are dynamic and differentiated, overall customer demand remains strong.
NA EUV chipmaking machine

Image: ASML

The data shows that ASML sold 80 brand new lithography machines and 6 second-hand lithography machines in the third quarter of 2022, including 12 EUV equipment (same as the second quarter) and 74 DUV equipment (low 79 units in the second quarter). At present, the backlog of ASML orders is still serious, including more than 100 EUV lithography machines and about 600 DUV lithography machines, with a total amount of more than 38 billion euros.
In the third quarter of 2022, ASML received a new order for the TWINSCAN EXE:5200 system from a current EUV lithography customer who had not previously ordered such equipment. The new EUV system will provide a 0.55 numerical aperture. Although ASML did not disclose the name of the specific customer, from the past news, the manufacturers that have placed orders include TSMC, Intel, Samsung, and SK Hynix.
ASML expects net sales in the fourth quarter of 2022 to be between 6.1 billion and 6.6 billion euros, with a gross profit margin of about 49%, and full-year net sales of about 21.1 billion euros, with a gross profit margin of nearly 50%.