Page 1

ASML reports € 4.4 billion net sales and € 1.3 billion net income in Q1 2021 Strong demand across markets drives expected sales growth towards 30 % in 2021 VELDHOVEN , the Netherlands , April 21 , 2021 - today ASML Holding NV ( ASML ) has published its 2021 first - quarter results . • Q1 net sales of € 4.4 billion , gross margin of 53.9 % , net income of € 1.3 billion • Q1 net bookings of € 4.7 billion • ASML expects Q2 2021 net sales between € 4.0 billion and € 4.1 billion and a gross margin around 49 % ( Figures in millions of euros unless otherwise indicated ) Net sales Q4 2020 Q1 2021 4,254 4,364 ... of which Installed Base Management sales 1 1,056 1,235 New lithography systems sold ( units ) Used lithography systems sold ( units ) Net bookings 2 Gross profit Gross margin ( % ) Net income EPS ( basic ; in euros ) 73 73 7 3 4,238 4,740 2,212 2,352 52.0 53.9 1,351 1,331 3.23 3.21 End - quarter cash and cash equivalents and short - term investments 7,351 4,656 ( 1 ) Installed Base Management sales equals our net service and field option sales . ( 2 ) Our systems net bookings include all system sales orders for which written authorizations have been accepted ( for EUV excluding the High - NA systems ) . Numbers have been rounded for readers ' convenience . A complete summary of US GAAP Consolidated Statements of Operations is published on www.asml.com CEO statement and outlook " Our first - quarter sales came in at € 4.4 billion , which is above our guidance . The gross margin came in at 53.9 % , also well above our guidance . The primary driver for higher revenue and gross margin was the increased Installed Base business . Due to the current high - demand environment , customers are utilizing software upgrades to increase capacity as quickly as possible . Our first - quarter net bookings came in at € 4.7 billion , including € 2.3 billion from EUV systems . " Compared to three months ago , we are seeing a significant increase in demand across all market segments and our product portfolio . The build - up of the digital infrastructure with secular growth drivers such as 5G , Al and High- Performance Computing solutions fuels demand for advanced and mature nodes in Logic as well as Memory . We now expect revenue growth towards 30 % in 2021 compared to last year , " said ASML President and Chief Executive Officer Peter Wennink . ASML expects second - quarter revenue between € 4.0 billion and € 4.1 billion with a gross margin around 49 % , R & D costs of € 650 million and SG & A costs of € 175 million . The estimated annualized effective tax rate is expected to be between 14 % and 15 % for 2021 . 1 Public