ASML Holding earnings calendar and chip demand outlook, shares on NASDAQ in focus

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-29, 13:16.

ASML Holding N.V. (NL0010273215) is heading toward its next quarterly earnings release, with the date listed in its investor relations calendar for July 17, 2026. The company, whose stock trades on NASDAQ and is a heavyweight in the Stoxx Europe 600, remains closely watched as a bellwether for advanced semiconductor equipment demand, particularly for AI and high-performance computing.

Upcoming earnings and calendar signals

According to the official investor relations events page, ASML has scheduled the publication of its second-quarter 2026 results and an accompanying conference call for July 17, 2026, with management set to discuss order intake, capacity utilization and the latest demand picture for EUV and DUV systems. The calendar also lists several upcoming industry conferences where senior executives are due to present, including technology and semiconductor forums that typically attract global institutional investors. These events give analysts opportunities to refine their models based on updated comments from management and any fresh data points on tool shipments and customer spending plans.

Looking back at the last quarterly release, ASML reported that net sales for the first quarter of 2026 were broadly consistent with its earlier guidance range, while the order book for EUV lithography systems remained robust on the back of continued investments by leading foundries and logic chipmakers. At that time, management reiterated its expectation that 2026 would be a transition year with relatively uneven quarterly sales, but with a still solid full-year trajectory supported by strong structural demand for advanced nodes and a growing installed base service business. The upcoming Q2 figures will therefore be scrutinized for any sign that booking trends, lead times or customer utilization rates are meaningfully diverging from these earlier indications, especially in light of shifting smartphone and PC demand patterns and the ongoing boom in data-center AI accelerators.

Analysts and consensus expectations

Consensus estimates compiled by major financial data providers currently point to a mid-single-digit sequential increase in Q2 2026 net sales for ASML compared with Q1, alongside a gross margin that is expected to remain within the companys medium-term target range. The analyst community generally anticipates that EUV system shipments will remain the primary driver of revenue growth, complemented by a high-margin services and field upgrades segment that benefits from the expanding installed base at leading customers such as TSMC, Samsung and Intel. Several brokers have adjusted their models over recent weeks to reflect a somewhat stronger outlook for AI-related chip capex, while still acknowledging cyclical soft spots in more mature technology nodes.

On the earnings-per-share line, consensus forecasts imply that ASML will continue to deliver double-digit year-on-year growth in Q2 2026, albeit at a slower pace than during previous peak upcycles. Analysts are particularly focused on the trajectory of the companys operating expenses, including research and development spending linked to the next generation of high-NA EUV tools, and any incremental cost inflation in its supply chain. Many research notes also discuss the potential impact of regionalization trends in semiconductor manufacturing, as governments in the United States, Europe and Asia provide incentives for local fab construction, which in turn supports demand for ASMLs systems over a multi-year horizon.

How ASML makes its money

ASML generates the majority of its revenue by selling advanced photolithography systems used in the semiconductor manufacturing process, especially its extreme ultraviolet (EUV) tools that enable chipmakers to print extremely fine circuit patterns for leading-edge nodes. The company also earns a significant and growing share of sales from a high-margin installed base business, including maintenance, spare parts, performance upgrades and comprehensive service contracts for the thousands of lithography systems operating at customer fabs worldwide.

Where the stock trades today

ASML Holding stock is listed in Europe on Euronext Amsterdam and in the United States on NASDAQ via a primary listing, with trading in euros on the Dutch market and in U.S. dollars under the ASML ticker on the U.S. exchange.

This article was produced with AI assistance and editorially reviewed. Price and company figures without guarantee; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Stock-market transactions carry risks up to and including total loss.