ASML Holding NV
CorpDigest
ASML Holding NV
Annual Revenue
Last reviewed: 2025-07-15 · By Swet Parvadiya
FY2024 Revenue
$30.4B
▲ 10.3% vs FY2023 ($27.6B)
Net Income: $8.4B
ASML Holding NV reported $30.4B in revenue for fiscal year 2024. This represents a growth of 10.3% compared to the 2023 figure of $27.6B.
The global semiconductor industry — a $600 billion market that supports the entire digital economy — is structurally dependent on a single Dutch company that most American consumers could not name if their life depended on it. The company's flagship product, the High-NA EUV lithography system known as the Twinscan EXE:5000, carries a list price of approximately $380 million per unit. Yet despite this geopolitical turbulence — or perhaps partly because of it — ASML reported net sales of approximately 28.3 billion euros (roughly $30.4 billion at mid-2024 exchange rates) for fiscal year 2024, with a net income of approximately 7.8 billion euros. With fiscal year 2024 net sales of approximately 28.3 billion euros and a net income margin exceeding 27 percent, ASML ranks among the most profitable industrial companies in Europe. DUV machines typically sell for between $40 million and $80 million per unit, depending on configuration and capability. These machines, which use plasma-generated light at 13.5 nanometers to achieve sub-7-nanometer patterning resolution, currently sell for approximately $200 million to $380 million per unit depending on generation. The newest system, the High-NA EUV Twinscan EXE:5000, which began shipping to Intel and TSMC for evaluation in 2024, carries a price tag of approximately $380 million, making it the most expensive piece of commercial manufacturing equipment ever produced. Once an ASML machine is installed in a customer's fabrication plant — a facility that might cost $20 billion to construct — the customer becomes deeply dependent on ASML for maintenance, calibration, spare parts, software updates, and productivity-improvement upgrades called field options. A customer who buys a Twinscan EXE:5000 for $380 million may spend an additional $50 million to $100 million over five years purchasing field options that improved the machine for their specific manufacturing process. ASML Holding NV is a Semiconductor Equipment Manufacturing company with $30.4B in 2024 revenue and 42K employees worldwide. Surprisingly, yet by virtually every measure of corporate value — market capitalization, operating margin, technology moat, long-term demand visibility — ASML ranks among the most valuable companies in the world, with a market capitalization that has exceeded $300 billion at peak and regularly exceeds $250 billion. Net income for fiscal year 2024 was approximately 7.8 billion euros, representing a net margin of roughly 27.5 percent — a level of profitability that would be remarkable in any manufacturing industry and is nearly unmatched in the capital equipment sector. Operating income for fiscal year 2024 was approximately 8.5 billion euros, representing an operating margin of roughly 30 percent.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $30.4B | $8.4B | +10.3% |
| FY2023 | $27.6B | — | +30.2% |
| FY2022 | $21.2B | — | +13.8% |
| FY2021 | $18.6B | — | +23.6% |
| FY2020 | $15.1B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.