ASML booked record sales of €32.7 billion in 2025; Cutting 1,700 management jobs
Chip machine maker ASML achieved a record revenue of €32.7 billion last year, a 16 percent increase compared to 2024. CEO Cristophe Fouquet expects more growth this year, the Veldhoven-based company announced with its annual figures on Wednesday. ASML booked a profit of €9.6 billion, up from €2.8 billion the year before. The chip machine maker also announced that it was cutting up to 1,700 positions, mostly at the management level and mostly in the Netherlands, in order to streamline the organization and more optimally respond to the expected growth.
“ASML reported another record year in 2025, with total net sales of €32.7 billion and a gross margin of 52.8%. The fourth quarter was particularly strong: we reported record total net sales of €9.7 billion,” Fouquet said. “We expect 2026 to be another growth year for ASML's business.”
According to the CEO, many ASML customers turned “notably more positive” about the medium-term market situation in the last months of 2025. “This is reflected in a marked step-up in their medium-term capacity plans and in our record order intake.” He expects this year’s growth to be mostly driven by a “significant increase” in demand for ASML’s advanced EUV machines.
Job cuts
The company also announced that it will be adapting its organization to optimally respond to the expected growth in the coming years. “We intend to strengthen our focus on engineering and innovation in critical areas of our company through the streamlining of the Technology and the IT organizations,” the company said in a separate press release addressed to its employees. “As a result of these proposed changes, some roles - mainly at the leadership level - may no longer be required.”
According to the company, the proposed changes will lead to a net reduction of around 1,700 jobs, mainly in the Netherlands, with some inthe Unted States. “At the same time, to retain our engineering capability, we will create new engineering jobs to strengthen existing technology projects and embark on new ones,” the company said.
“We recognize that this news may create uncertainty and raise questions for many of you, but we believe strongly that it is important to be transparent in our approach,” ASML said. The company will host employee meetings on Wednesday to share more about the proposed changes.
