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ASML HOLDING NV (ASML)
20-F · FY2025 · Filed Feb 25, 2026
Accession: 0001628280-26-011378
ASML HOLDING NV (ASML)'s FY2025 20-F was filed with the SEC on (accession 0001628280-26-011378). Per Item 1 of the filing, its products include TWINSCAN EXE:5200B, TWINSCAN NXE:3800E, TWINSCAN XT:260, TWINSCAN NXTi platform (e.g., NXT:2150i, NXT:2100i, NXT:1980Fi) and TWINSCAN NXT:870B (KrF dry); it names Canon (Canon Kabushiki Kaisha) - DUV lithography, Nikon (Nikon Corporation) - DUV lithography, Applied Materials Inc. - patterning applications and KLA-Tencor Corporation - metrology and inspection / patterning applications among its competitors; customer segments: Logic / Foundry (advanced node and mainstream), Memory - DRAM (incl. high-bandwidth memory and DDR5 for AI), Memory - NAND Flash, Integrated Device Manufacturers (IDMs) and Fab-less / contract foundry customers.
Item 1 — Business overview
Products
- TWINSCAN EXE:5200B (EUV 0.55 NA / High NA)
- TWINSCAN EXE:5000A (EUV 0.55 NA)
- TWINSCAN NXE:3800E (EUV 0.33 NA)
- TWINSCAN NXE:3600D
- TWINSCAN NXT:2150i (ArF immersion)
- TWINSCAN NXT:2100i (ArF immersion)
- TWINSCAN NXT:1980Fi/Ei/Di (ArF immersion)
- TWINSCAN NXT:870B (KrF dry)
- TWINSCAN XT:260 (i-line, advanced packaging)
- PAS 5500 (legacy lithography)
- YieldStar 550 (optical metrology)
- YieldStar 1390 (optical metrology)
Product categories
- EUV lithography systems (0.33 NA and 0.55 NA High NA)
- DUV immersion lithography systems (ArF immersion / TWINSCAN NXTi)
- DUV dry lithography systems (ArF dry, KrF, i-line / TWINSCAN NXT and XT)
- Metrology and inspection systems (YieldStar optical, HMI e-beam, multibeam)
- Computational lithography software
- System and process control software
- Service, field options and refurbished systems / installed base management
Customer segments
- Logic / Foundry (advanced node and mainstream)
- Memory - DRAM (incl. high-bandwidth memory and DDR5 for AI)
- Memory - NAND Flash
- Integrated Device Manufacturers (IDMs)
- Fab-less / contract foundry customers
- Mainstream / 'More than Moore' chipmakers (automotive, consumer, sensors)
Go to market
- Direct sales and customer team model led by Chief Customer Officer Jim Koonmen, with cross-functional teams embedded with each major customer
- Volume Purchase Agreements (VPAs) covering up to five years with chipmakers
- Around 10,000 customer support employees providing 24/7 service in customer fabs (installation, service, upgrades, applications)
- Long-term installed-base management: service contracts, productivity/lifetime extension packages (PEPs, LEPs, SNEPs) and field upgrades
- Refurbishment and resale of used systems (>600 refurbished systems shipped to date) to extend product life
- Co-development with customers, suppliers (incl. Carl Zeiss) and research institutes (imec, TNO, ARCNL, TU/e) within an open innovation ecosystem
- Subject to export control regimes (Netherlands, EU, US) – EUV and certain advanced DUV immersion systems require export licenses
Named competitors
- Canon (Canon Kabushiki Kaisha) - DUV lithography
- Nikon (Nikon Corporation) - DUV lithography
- Applied Materials Inc. - patterning applications
- KLA-Tencor Corporation - metrology and inspection / patterning applications
Raw Item 1 preview
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