Installed base management
Recurring service and upgrade revenue grew 26% in 2025 to €8.2 billion.
The numbers
Installed base management sales€8.2 billionFY2025 · +26% vs FY2024 · source ↗
What it is
Service contracts, spare parts, field options and upgrades (for example NXE:3800E upgrades) for tools already in customers' fabs. Its revenue is steadier than system sales and tends to rise as the installed base grows.
Why it matters to the stock. A growing installed base gives ASML a cushion when system orders slow, and it lifts gross margin when upgrades carry higher margins.
News
ASML declares €1.88 interim dividend and bought back about €1.1bn of shares in Q2
Alongside its second-quarter results, ASML said it repurchased about €1.1 billion of its shares in the quarter under its 2026–2028 buyback program.
Capital
ASML raises 2026 net sales outlook to €36–40 billion from €34–39 billion
ASML lifted its full-year 2026 net sales range to €36 billion to €40 billion, from the €34–39 billion set in January, and kept a 51–53% gross margin.
Guidance