ASML reported Q1 2026 total net sales of €8.8 billion and net income of €2.8 billion, beating analyst consensus of €8.5B and €2.5B respectively, with a 53% gross margin at the top of its guidance range. The company raised its full-year 2026 net sales outlook to €36–40 billion (up from €34–39 billion), citing continued AI infrastructure investment driving customers to accelerate capacity expansion. CEO Christophe Fouquet noted the guidance still "accommodates potential outcomes of ongoing discussions around export controls," flagging regulatory uncertainty in certain markets. The results confirm that demand for lithography equipment—ASML holds a monopoly on extreme ultraviolet machines required for the most advanced chips—remains robust despite macroeconomic uncertainty.