1Hยท

๐€๐’๐Œ ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ: ๐‘๐ž๐œ๐จ๐ซ๐ โ‚ฌ๐Ÿ๐ ๐๐ฎ๐š๐ซ๐ญ๐ž๐ซ ๐š๐ฌ ๐€๐ˆ & ๐Ÿ๐ง๐ฆ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž ๐’๐ญ๐ซ๐จ๐ง๐  ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จk

$ASM (-5,28%)

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๐Ÿ“Š ๐‘๐ž๐ฌ๐ฎ๐ฅ๐ญ๐ฌ

โ€ข Revenue: โ‚ฌ1.003B (+20% YoY, +24% CC) โœ…

โ€ข Gross margin: 51.9%

โ€ข Adjusted operating margin: 33.0%

โ€ข Adjusted net income: โ‚ฌ292.9M vs. โ‚ฌ173.0M YoY (+69%)

โ€ข Free cash flow: Record โ‚ฌ355M

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๐ŸŽฏ ๐†๐ฎ๐ข๐๐š๐ง๐œ๐ž

โ€ข Q3 revenue: โ‚ฌ1.10B ยฑ5% (constant currency)

โ€ข H2 2026 revenue expected to grow >20% vs. H1 (constant currency)

โ€ข Expects 2027 revenue to exceed the previous โ‚ฌ3.7Bโ€“โ‚ฌ4.6B target range

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๐Ÿ“Œ ๐Š๐ž๐ฒ ๐“๐š๐ค๐ž๐š๐ฐ๐š๐ฒ๐ฌ

โ€ข Record quarter driven by AI infrastructure, leading-edge logic/foundry and HBM DRAM demand

โ€ข Strong momentum at 2nm, with first meaningful 1.4nm revenue expected in H2 and additional market share gains in ALD and Epi

โ€ข Continued strength in China mature logic/foundry and another DRAM customer selected ASM's Epi solution

โ€ข Management expects continued robust order intake and higher WFE spending to support growth beyond prior 2027 targets

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