Core Insights - ASML reported total net sales of €7.5 billion and net income of €2.1 billion for Q3 2025, with a gross margin of 51.6% [1][4][5] - The company anticipates a full-year 2025 total net sales growth of approximately 15% compared to 2024, with a gross margin around 52% [1][5][8] - Q4 2025 total net sales are expected to be between €9.2 billion and €9.8 billion, with a gross margin between 51% and 53% [5][8] Financial Performance - Q3 2025 total net sales decreased slightly from €7,692 million in Q2 2025 to €7,516 million [2] - Gross profit for Q3 2025 was €3,880 million, down from €4,130 million in Q2 2025, resulting in a gross margin decline from 53.7% to 51.6% [2] - Net income for Q3 2025 was €2,125 million, compared to €2,290 million in Q2 2025 [2] Market and Technology Developments - The company noted positive momentum in lithography technology, particularly with the adoption of EUV and advancements in High NA EUV [5] - ASML shipped its first product for Advanced Packaging, the TWINSCAN XT:260, which offers up to 4x productivity compared to existing solutions [5] - Q3 2025 net bookings were €5.4 billion, with €3.6 billion attributed to EUV systems [5][7] Shareholder Returns - An interim dividend of €1.60 per ordinary share is scheduled for payment on November 6, 2025 [9] - In Q3 2025, ASML repurchased approximately €148 million worth of shares as part of its ongoing share buyback program [9][10] - As of September 28, 2025, ASML has repurchased 9.0 million shares for a total of €5.9 billion under the current share buyback program [10]