# ASM posts record €1,003M quarter on 2nm logic and HBM demand, expects 2026 revenue above €4B

Canonical page: https://technooptimist.io/stories/asm-posts-record-1-003m-quarter-on-2nm-logic-and-hbm-demand-expects-6a645797
Date: 28 Jul 2026
About: [ASM International](https://technooptimist.io/companies/asm-international.md) · [ALD and epitaxy for gate-all-around chips](https://technooptimist.io/computing/ald-epi-gaa.md)
Original source: https://www.investegate.co.uk/announcement/gnw/asm-international-nv--0nx3/asm-reports-second-quarter-2026-results/9692080

ASM's Q2 2026 revenue rose 24% at constant currency to a record €1,003M, with demand accelerating in leading-edge logic, particularly 2 nm, and solid growth in HBM-related DRAM. CEO Hichem M'Saad cited new wins for molybdenum ALD at the 1.4 nm node, which should first contribute meaningfully in H2 2026.

## Key facts

- Gross margin 51.9%; adjusted operating margin 33.0%; record free cash flow €355M.
- Q3 2026 guided at €1,100M ±5%; H2 revenue expected over 20% above H1.
- A DRAM customer selected ASM's epitaxy tool during the quarter.
- 2027 revenue now expected above the top of the €3.7-4.6B range.

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