In Q1'26, ASML's Gross Margin reached 52.98%, Operating Margin stood at 36.02%, and Net Profit Margin achieved 31.44%, reflecting a robust performance with all metrics showing year-over-year improvements from Q1'25 levels of 54.0%, 35.37%, and 30.4%, respectively. Over the period from Q2'23 to Q1'26, the chart reveals a generally upward trend in profit margins despite some volatility, particularly a dip in Q1'24 where Operating and Net margins fell to 26.3% and 23.1% amid potential operational challenges. Gross Margin fluctuated mildly between 50.8% and 54.0%, while Operating and Net Margins recovered strongly post-Q1'24, climbing to peaks of 36.2% and 30.4% by Q1'25, underscoring improved efficiency and profitability in ASML's semiconductor equipment business.