ASML financial statements

The full income statement, balance sheet, and cash-flow statement for ASML Holding N.V. (ADR) (ASML), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	32.7B YoY+15.6%	28.3B YoY+2.6%	27.6B YoY+30.2%	21.2B YoY+13.8%	18.6B YoY+33.1%
	17.3B YoY+19.1%	14.5B YoY+2.5%	14.1B YoY+32.1%	10.7B YoY+9.1%	9.81B YoY+44.3%
Cost of revenue	15.4B YoY+11.9%	13.8B YoY+2.6%	13.4B YoY+28.2%	10.5B YoY+19.0%	8.80B YoY+22.6%
Research & development	4.70B YoY+9.2%	4.30B YoY+8.1%	3.98B YoY+22.3%	3.25B YoY+27.7%	2.55B YoY+15.7%
Selling, general & administrative	1.26B YoY+7.9%	1.17B YoY+4.7%	1.11B YoY+17.7%	946M YoY+30.4%	726M YoY+33.2%
Amortization of intangibles	124M YoY-2.0%	126M YoY-1.3%	128M YoY-5.6%	135M YoY+1.6%	133M YoY+7.7%
Operating income	11.3B YoY+25.3%	9.02B YoY-0.2%	9.04B YoY+39.1%	6.50B YoY-3.7%	6.75B YoY+66.6%
Interest expense	118M YoY-27.2%	163M YoY+6.5%	153M YoY+151.2%	60.8M YoY+11.4%	54.6M YoY+26.1%
Interest & investment income	223M YoY+22.3%	182M YoY-5.9%	194M YoY+1096.9%	16.2M YoY+62.0%	10.0M
Equity-method income	217M YoY+3.3%	210M YoY+9.7%	191M YoY+38.6%	138M YoY-30.7%	199M YoY+124.7%
Pre-tax income	11.4B YoY+26.1%	9.04B YoY-0.5%	9.08B YoY+40.7%	6.46B YoY-3.7%	6.71B YoY+66.9%
Income tax	2.01B YoY+19.8%	1.68B YoY+17.0%	1.44B YoY+48.0%	970M YoY-5.0%	1.02B YoY+85.2%
Net income	9.61B YoY+26.9%	7.57B YoY-3.4%	7.84B YoY+39.4%	5.62B YoY-4.4%	5.88B YoY+65.6%
	$24.71 YoY+28.4%	$19.24 YoY-3.3%	$19.89 YoY+40.8%	$14.13 YoY-1.5%	$14.34 YoY+69.1%
EPS (basic)	$24.73 YoY+28.5%	$19.25 YoY-3.3%	$19.91 YoY+40.8%	$14.14 YoY-1.5%	$14.36 YoY+69.1%
Weighted-avg shares (basic)	389M YoY-1.2%	393M YoY-0.1%	394M YoY-1.0%	398M YoY-3.0%	410M YoY-2.0%
Weighted-avg shares (diluted)	389M YoY-1.2%	394M YoY-0.1%	394M YoY-1.0%	398M YoY-3.0%	410M YoY-2.1%
Dividends per share	—	$6.40 YoY+4.9%	$6.10 YoY+5.2%	$5.80 YoY+5.5%	$5.50 YoY+100.0%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	30.6B YoY-0.4%	30.7B YoY+26.0%	24.4B YoY+5.8%	23.1B YoY+26.8%	18.2B YoY+14.2%
Cash & equivalents	12.9B YoY+1.4%	12.7B YoY+81.8%	7.00B YoY-3.6%	7.27B YoY+4.6%	6.95B YoY+14.9%
Short-term investments	1.30B YoY+0.0%	1.30B YoY+0.0%	1.30B YoY+0.0%	1.30B YoY+0.0%	1.30B YoY+0.0%
Accounts receivable	3.02B YoY-32.5%	4.48B YoY+3.3%	4.33B YoY-18.6%	5.32B YoY+75.8%	3.03B YoY+131.1%
Inventory	11.4B YoY+4.9%	10.9B YoY+23.1%	8.85B YoY+22.9%	7.20B YoY+39.0%	5.18B YoY+13.3%
Prepaid expenses	1.43B YoY-26.2%	1.94B YoY+22.9%	1.58B YoY-3.9%	1.64B YoY+64.3%	1.00B YoY+24.8%
Other current assets	351M YoY+81.2%	193M YoY+109.1%	92.5M YoY-65.3%	266M YoY+79.0%	149M YoY+60.7%
	50.6B YoY+4.1%	48.6B YoY+21.6%	40.0B YoY+10.1%	36.3B YoY+20.1%	30.2B YoY+10.9%
Property, plant & equipment	7.89B YoY+15.3%	6.85B YoY+24.6%	5.49B YoY+39.3%	3.94B YoY+32.2%	2.98B YoY+20.7%
Operating lease right-of-use	160M YoY+0.0%	160M YoY+0.0%	160M YoY+0.0%	160M YoY+0.0%	160M YoY-11.4%
Goodwill	4.59B YoY+0.0%	4.59B YoY+0.0%	4.59B YoY+0.7%	4.56B YoY+0.0%	4.56B YoY-1.6%
Intangible assets	486M YoY-21.8%	621M YoY-16.2%	742M YoY-12.0%	842M YoY-11.5%	952M YoY-9.2%
Deferred tax assets	1.72B YoY-11.4%	1.94B YoY+3.7%	1.87B YoY+11.9%	1.67B YoY+52.3%	1.10B YoY+63.6%
Other non-current assets	12.7M YoY-55.1%	28.3M YoY+108.1%	13.6M YoY-14.5%	15.9M YoY+6.0%	15.0M YoY+0.7%
Total non-current assets	20.0B YoY+11.8%	17.9B YoY+14.7%	15.6B YoY+17.6%	13.2B YoY+9.9%	12.0B YoY+6.2%
	24.3B YoY+21.0%	20.1B YoY+23.2%	16.3B YoY-9.5%	18.0B YoY+46.2%	12.3B YoY+86.2%
Accounts payable	3.52B YoY+0.6%	3.50B YoY+49.1%	2.35B YoY-8.5%	2.57B YoY+21.2%	2.12B YoY+53.6%
Deferred revenue	16.0B YoY+27.3%	12.6B YoY+9.9%	11.4B YoY-8.3%	12.5B YoY+57.3%	7.94B YoY+100.7%
Short-term & current debt	1.68B YoY+66.5%	1.01B YoY+1010200.0%	100K YoY-100.0%	746M YoY+46.6%	509M YoY+3205.8%
Current lease liability	43.7M YoY+0.0%	43.7M YoY+0.0%	43.7M YoY+0.0%	43.7M YoY+0.0%	43.7M YoY-6.0%
Other current liabilities	2.57B YoY-4.4%	2.69B YoY+23.4%	2.18B YoY+16.1%	1.88B YoY+30.7%	1.44B YoY+25.3%
	31.0B YoY+2.8%	30.1B YoY+13.6%	26.5B YoY-3.6%	27.5B YoY+36.8%	20.1B YoY+49.9%
Long-term debt	2.71B YoY-26.3%	3.68B YoY-20.6%	4.63B YoY+31.8%	3.51B YoY-13.8%	4.08B YoY-12.6%
Deferred revenue (non-current)	3.37B YoY-40.2%	5.63B YoY+16.6%	4.83B YoY-8.4%	5.27B YoY+63.4%	3.23B YoY+96.7%
Non-current lease liability	118M YoY+0.0%	118M YoY+0.0%	118M YoY+0.0%	118M YoY+0.0%	118M YoY-9.1%
Deferred tax liabilities	42.5M YoY+0.0%	42.5M YoY+0.0%	42.5M YoY+0.0%	42.5M YoY+0.0%	42.5M YoY+0.0%
Other non-current liabilities	432M YoY-5.9%	460M YoY+14.5%	401M YoY-11.8%	455M YoY+81.2%	251M YoY-2.5%
Total non-current liabilities	6.69B YoY-33.5%	10.1B YoY-1.7%	10.2B YoY+7.6%	9.51B YoY+22.0%	7.79B YoY+14.6%
	19.6B YoY+6.1%	18.5B YoY+37.3%	13.5B YoY+52.7%	8.81B YoY-13.1%	10.1B YoY-26.9%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	38.8M YoY+0.0%	38.8M YoY+0.0%	38.8M YoY+0.0%	38.8M YoY+0.0%	38.8M YoY+0.0%
Additional paid-in capital	4.11B YoY+1.4%	4.05B YoY+1.3%	4.00B YoY+1.5%	3.94B YoY+1.7%	3.88B YoY+2.5%
Retained earnings	17.6B YoY+22.0%	14.4B YoY+16.4%	12.4B YoY+36.8%	9.05B YoY+8.8%	8.32B YoY-22.5%
Treasury stock	2.25B YoY+373.3%	476M YoY-85.6%	3.31B YoY-28.8%	4.64B YoY+91.6%	2.42B YoY+180.7%
Accumulated other comprehensive income	136M YoY-70.1%	454M YoY+31.6%	345M YoY-19.4%	428M YoY+28.4%	334M YoY+85.9%
Total liabilities & equity	50.6B YoY+4.1%	48.6B YoY+21.6%	40.0B YoY+10.1%	36.3B YoY+20.1%	30.2B YoY+10.9%
Common shares issued	414M YoY+0.0%	414M YoY+0.0%	414M YoY+0.0%	414M YoY+0.0%	414M YoY+0.0%
Common shares outstanding	385M YoY-2.0%	393M YoY-0.0%	393M YoY-0.3%	395M YoY-2.0%	403M YoY-3.3%
Shares outstanding (cover)	385M YoY-2.0%	393M YoY-0.0%	393M YoY-0.3%	395M YoY-2.0%	403M YoY-3.3%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	12.7B YoY+13.4%	11.2B YoY+105.1%	5.44B YoY-35.9%	8.49B YoY-21.8%	10.8B YoY+134.4%
Depreciation & amortization	1.03B YoY+11.7%	919M YoY+24.2%	740M YoY+26.8%	584M YoY+23.9%	471M YoY-4.0%
Share-based compensation	202M YoY+17.2%	173M YoY+28.0%	135M YoY+95.6%	68.9M YoY-41.4%	118M YoY+118.0%
Deferred income taxes	16.3M YoY+124.6%	-66.2M YoY+69.5%	-217M YoY+58.8%	-527M YoY-43.5%	-367M YoY-58.6%
Change in receivables	-1.42B YoY-1111.8%	140M YoY+114.6%	-960M YoY-141.1%	2.34B YoY+33.2%	1.75B YoY+445.8%
Change in inventory	833M YoY-55.3%	1.86B YoY+13.0%	1.65B YoY-20.9%	2.08B YoY+330.6%	483M YoY-31.6%
Change in payables	13.4M YoY-98.8%	1.13B YoY+530.9%	-262M YoY-164.4%	406M YoY-43.5%	719M YoY+115.0%
	-3.78B YoY-44.8%	-2.61B YoY+3.0%	-2.69B YoY-161.4%	-1.03B YoY-1329.0%	-72.0M YoY+94.7%
Capital expenditure	1.57B YoY-23.9%	2.07B YoY-4.1%	2.16B YoY+68.2%	1.28B YoY+42.3%	901M YoY-6.4%
Acquisitions	0.00	0.00 YoY-100.0%	33.6M	0.00	0.00 YoY-100.0%
Sales/maturities of investments	5.30M YoY-98.3%	305M YoY+143.0%	126M YoY-85.5%	865M YoY-52.7%	1.83B YoY+34.4%
	-8.67B YoY-206.2%	-2.83B YoY+5.7%	-3.00B YoY+57.9%	-7.14B YoY+27.8%	-9.89B YoY-1213.6%
Long-term debt issued	—	22.5M YoY-97.7%	998M YoY+101.3%	496M	0.00 YoY-100.0%
Long-term debt repaid	—	—	753M YoY+45.8%	516M YoY+4166.1%	12.1M YoY+266.7%
Common stock repurchased	5.95B YoY+1090.0%	500M YoY-50.0%	1.00B YoY-78.4%	4.64B YoY-45.8%	8.56B YoY+608.9%
FX effect on cash	-30.1M YoY-570.3%	6.40M YoY+146.4%	-13.8M YoY-345.2%	-3.10M YoY-115.3%	20.3M YoY+483.0%
Net change in cash	180M YoY-96.9%	5.73B YoY+2274.2%	-264M YoY-183.3%	317M YoY-64.9%	902M YoY-64.1%
Interest paid	115M YoY-28.4%	160M YoY+16.1%	138M YoY+67.6%	82.2M YoY-1.0%	83.0M YoY+29.5%
Income taxes paid	1.62B YoY+47.7%	1.10B YoY-57.2%	2.57B YoY+48.1%	1.73B YoY+40.5%	1.24B YoY+89.9%
Source filing	20-F	20-F	20-F	20-F	20-F

About this data

Source: ASML's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ASML filings on SEC EDGAR → Not investment advice.