ASML's net income for Q1'26 reached $2.76B USD, marking a solid performance and an increase from the previous quarter's $2.12B USD in Q3'25, while showing a year-over-year growth of 17.1%. This latest data point reflects continued profitability in the semiconductor equipment sector, supported by the company's strong market position. Over the period from Q2'23 to Q1'26, ASML's net income exhibited volatility with an overall upward trajectory, starting at $1.94B USD and peaking at $2.84B USD in Q4'25 before a slight moderation. Notable declines occurred in Q1'24 (-37.4% YoY to $1.22B USD) and Q2'24 (-18.7% YoY to $1.58B USD), likely due to cyclical industry challenges, followed by robust recoveries including a 92.4% YoY surge in Q1'25 to $2.36B USD and consistent positive YoY growth averaging around 20% in recent quarters, underscoring resilient demand for advanced lithography technologies.