Veeco Instruments Inc.(VECO)Earnings, Financials & Key Ratios

VECO•NASDAQ

$49.54

$2.99B mkt cap·84.0× P/E·Price updated May 6, 2026

SectorTechnology IndustrySemiconductors Sub-IndustrySemiconductor Manufacturing Equipment

AboutVeeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, and atomic layer deposition and other deposition systems, as well as packaging lithography equipment. Its process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory, photonics devices, power electronics, radio frequency filters and amplifiers, magnetic heads for hard disk drives, and other semiconductor devices. In addition, the company markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test, hard disk drive, and photonics manufacturers; and research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.Show more

Revenue$664M-7.4%
EBITDA$39M-57.8%
Net Income$35M-52.0%
EPS (Diluted)0.59-52.0%
Gross Margin39.95%-5.7%
EBITDA Margin5.85%-54.5%
Operating Margin5.38%-42.4%
Net Margin5.33%-48.2%
ROE4.27%-58.2%
ROIC2.79%-51.0%
Debt/Equity0.29-28.6%
Interest Coverage5.31-26.6%

Technical→

VECO Key Insights

Veeco Instruments Inc. (VECO) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Momentum leader: RS Rating 93 (top 7%)
✓High quality earnings: Operating CF exceeds net income

✗Weaknesses

✗Weak 3Y average ROE of 3.2%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

VECO Price & Volume

Veeco Instruments Inc. (VECO) stock price & volume — 10-year historical chart

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VECO Growth Metrics

Veeco Instruments Inc. (VECO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years3.37%

5 Years7.9%

3 Years0.93%

TTM-7.39%

Profit CAGR

10 Years-

5 Years-

3 Years-40.37%

TTM-51.99%

EPS CAGR

10 Years-

5 Years-

3 Years-39.84%

TTM-52.57%

Return on Capital

10 Years-3.86%

5 Years6.51%

3 Years5.71%

Last Year3.24%

VECO Recent Earnings

Veeco Instruments Inc. (VECO) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 10/12 qtrs (83%)●Beat Revenue 9/12 qtrs (75%)

Q1 2026Latest

Feb 25, 2026

EPS

$0.24

Est $0.25

-4.0%

Revenue

$165M

Est $165M

-0.0%

Q4 2025

Nov 5, 2025

EPS

$0.36

Est $0.28

+28.6%

Revenue

$166M

Est $166M

-0.2%

Q3 2025

Aug 6, 2025

EPS

$0.36

Est $0.22

+63.6%

Revenue

$166M

Est $159M

+4.5%

Q2 2025

May 7, 2025

EPS

$0.37

Est $0.32

+15.6%

Revenue

$167M

Est $166M

+0.8%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q1 2026Latest	Feb 25, 2026	$0.24vs $0.25-4.0%	$165Mvs $165M-0.0%
Q4 2025	Nov 5, 2025	$0.36vs $0.28+28.6%	$166Mvs $166M-0.2%
Q3 2025	Aug 6, 2025	$0.36vs $0.22+63.6%	$166Mvs $159M+4.5%
Q2 2025	May 7, 2025	$0.37vs $0.32+15.6%	$167Mvs $166M+0.8%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	FCF Yield	Debt / Equity
UCTTUltra Clean Holdings, Inc.Direct Competitor	3.78B	83.14	-20.79	-2.08%	-9.38%	-25.39%	0.39%	1.03
ACMRACM Research, Inc.Direct Competitor	3.5B	52.80	38.54	15.24%	10.44%	6.11%		0.16
ONTOOnto Innovation Inc.Direct Competitor	15.17B	305.00	109.71	1.82%	10.33%	5.19%	1.98%	0.01
AXTIAXT, Inc.Direct Competitor	4.73B	107.58	-219.54	-11.11%	-24.07%	-8.01%		0.20
COHUCohu, Inc.Direct Competitor	2.28B	48.45	-30.47	12.74%	-11.54%	-6.84%	0.47%	0.46
MKSIMKS Inc.Direct Competitor	19.39B	287.65	65.82	9.62%	7.51%	10.85%	2.56%	1.73
AMATApplied Materials, Inc.Product Competitor	325.78B	410.82	47.44	4.39%	24.67%	34.28%	1.75%	0.32
LRCXLam Research CorporationProduct Competitor	344.41B	275.80	66.46	23.68%	30.94%	65.79%	1.57%	0.48

Compare VECO vs Peers

Veeco Instruments Inc. (VECO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs UCTT

Most directly comparable listed peer for VECO.

Scale Benchmark

vs TSM

Larger-name benchmark to compare VECO against a more recognizable public peer.

Peer Set

Compare Top 5

vs UCTT, ACMR, ONTO, AXTI

VECO Income Statement

Veeco Instruments Inc. (VECO) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Sales/Revenue	484.76M	542.08M	419.35M	454.16M	583.28M	646.14M	666.43M	717.3M	664.29M
Revenue Growth %	45.81%	11.83%	-22.64%	8.3%	28.43%	10.78%	3.14%	7.63%	-7.39%
Cost of Goods Sold	300.44M	348.36M	261.15M	259.86M	341M	382.99M	381.38M	413.3M	398.88M
COGS % of Revenue	61.98%	64.26%	62.28%	57.22%	58.46%	59.27%	57.23%	57.62%	60.05%
Gross Profit	184.32M▲ 0%	193.72M▲ 5.1%	158.19M▼ 18.3%	194.3M▲ 22.8%	242.27M▲ 24.7%	263.15M▲ 8.6%	285.06M▲ 8.3%	304M▲ 6.6%	265.41M▼ 12.7%
Gross Margin %	38.02%	35.74%	37.72%	42.78%	41.54%	40.73%	42.77%	42.38%	39.95%
Gross Profit Growth %	38.73%	5.1%	-18.34%	22.82%	24.69%	8.62%	8.33%	6.65%	-12.7%
Operating Expenses	217.71M	222.17M	197.77M	171.74M	185.56M	202.85M	215.12M	237.02M	229.7M
OpEx % of Revenue	44.91%	40.98%	47.16%	37.81%	31.81%	31.39%	32.28%	33.04%	34.58%
Selling, General & Admin	100.25M	92.06M	79.75M	76.25M	84.54M	88.95M	92.76M	99.66M	98.91M
SG&A % of Revenue	20.68%	16.98%	19.02%	16.79%	14.49%	13.77%	13.92%	13.89%	14.89%
Research & Development	81.99M	97.75M	90.56M	78.99M	88.68M	103.56M	112.85M	124.51M	119.64M
R&D % of Revenue	16.91%	18.03%	21.59%	17.39%	15.2%	16.03%	16.93%	17.36%	18.01%
Other Operating Expenses	392K	-368K	27.47M	16.49M	12.35M	10.34M	9.51M	12.85M	11.15M
Operating Income	-63.78M▲ 0%	-415.5M▼ 551.5%	-39.58M▲ 90.5%	22.57M▲ 157.0%	56.71M▲ 151.3%	60.3M▲ 6.3%	69.94M▲ 16.0%	66.98M▼ 4.2%	35.71M▼ 46.7%
Operating Margin %	-13.16%	-76.65%	-9.44%	4.97%	9.72%	9.33%	10.49%	9.34%	5.38%
Operating Income Growth %	47.03%	-551.48%	90.47%	157.01%	151.32%	6.32%	15.99%	-4.23%	-46.69%
EBITDA	-13.68M	-365.5M	-5.18M	53.26M	82.77M	85.94M	94.91M	92.12M	38.84M
EBITDA Margin %	-2.82%	-67.43%	-1.23%	11.73%	14.19%	13.3%	14.24%	12.84%	5.85%
EBITDA Growth %	84.41%	-2571.23%	98.58%	1128.42%	55.4%	3.83%	10.43%	-2.93%	-57.84%
D&A (Non-Cash Add-back)	50.09M	50M	34.4M	30.7M	26.06M	25.64M	24.97M	25.14M	3.14M
EBIT	-69.53M	-412.32M	-55.87M	16.27M	56.71M	62.49M	-16.57M	79.88M	48.52M
Net Interest Income	-17.12M	-18.33M	-17.41M	-23.19M	-26.02M	-9.31M	-1.19M	1.85M	4.33M
Interest Income	2.33M	3.19M	4.68M	1.55M	2.34M	2.2M	10.58M	12.9M	13.47M
Interest Expense	19.46M	21.52M	22.09M	24.74M	28.36M	11.51M	11.77M	11.04M	9.14M
Other Income/Expense	-17.12M	-18.33M	-38.38M	-31.03M	-31.03M	-9.31M	-98.28M	1.85M	3.68M
Pretax Income	-80.9M▲ 0%	-433.83M▼ 436.3%	-77.96M▲ 82.0%	-8.46M▲ 89.1%	25.68M▲ 403.4%	50.98M▲ 98.5%	-28.34M▼ 155.6%	68.83M▲ 342.9%	39.39M▼ 42.8%
Pretax Margin %	-16.69%	-80.03%	-18.59%	-1.86%	4.4%	7.89%	-4.25%	9.6%	5.93%
Income Tax	-36.11M	-26.75M	777K	-73K	-358K	-115.96M	2.03M	-4.88M	4M
Effective Tax Rate %	44.63%	6.17%	-1%	0.86%	-1.39%	-227.43%	-7.16%	-7.09%	10.15%
Net Income	-44.79M▲ 0%	-407.09M▼ 808.8%	-78.73M▲ 80.7%	-8.39M▲ 89.3%	26.04M▲ 410.3%	166.94M▲ 541.1%	-30.37M▼ 118.2%	73.71M▲ 342.7%	35.39M▼ 52.0%
Net Margin %	-9.24%	-75.1%	-18.78%	-1.85%	4.46%	25.84%	-4.56%	10.28%	5.33%
Net Income Growth %	63.35%	-808.82%	80.66%	89.34%	410.31%	541.15%	-118.19%	342.74%	-51.99%
Net Income (Continuing)	-51.4M	-407.09M	-78.73M	-8.39M	26.04M	166.94M	-30.37M	73.71M	35.39M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0
EPS (Diluted)	-1.01▲ 0%	-8.63▼ 754.5%	-1.66▲ 80.8%	-0.17▲ 89.8%	0.49▲ 388.2%	2.71▲ 453.1%	-0.56▼ 120.7%	1.23▲ 319.6%	0.59▼ 52.0%
EPS Growth %	67.52%	-754.46%	80.76%	89.76%	388.24%	453.06%	-120.66%	319.64%	-52.03%
EPS (Basic)	-1.01	-8.63	-1.66	-0.17	0.53	3.35	-0.56	1.31	0.60
Diluted Shares Outstanding	44.17M	47.15M	47.48M	48.36M	53.64M	65.61M	53.77M	61.6M	60.59M
Basic Shares Outstanding	44.17M	47.15M	47.48M	48.36M	49.07M	49.91M	53.77M	56.43M	59.3M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-

VECO Balance Sheet

Veeco Instruments Inc. (VECO) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Total Current Assets	596.99M	520.08M	475.88M	586.93M	549.39M	668.9M	706.28M	764.53M	845.34M
Cash & Short-Term Investments	327.52M	260.46M	244.55M	319.4M	223.93M	302.41M	305.44M	344.31M	390.23M
Cash Only	279.74M	212.27M	129.29M	129.63M	119.75M	154.93M	158.78M	145.59M	163.47M
Short-Term Investments	47.78M	48.19M	115.25M	189.77M	104.18M	147.49M	146.66M	198.72M	226.76M
Accounts Receivable	99.03M	77.2M	71.02M	101.24M	127.9M	140.73M	127.39M	133.94M	110.69M
Days Sales Outstanding	74.56	51.98	61.81	81.36	80.04	79.5	69.77	68.16	60.82
Inventory	120.27M	156.31M	133.07M	145.91M	170.86M	206.91M	237.63M	246.74M	275.3M
Days Inventory Outstanding	146.11	163.78	185.98	204.94	182.88	197.19	227.43	217.9	251.91
Other Current Assets	24.44M	16.68M	12.28M	1.09M	1.07M	18.85M	19.74M	39.54M	69.12M
Total Non-Current Assets	790.29M	380.74M	342.21M	311.13M	349.59M	459.28M	522.76M	487.05M	480.46M
Property, Plant & Equipment	85.06M	80.28M	90.16M	75.55M	128.56M	133.75M	142.84M	140.29M	133.25M
Fixed Asset Turnover	5.70x	6.75x	4.65x	6.01x	4.54x	4.83x	4.67x	5.11x	4.99x
Goodwill	307.13M	184.3M	181.94M	181.94M	181.94M	181.94M	214.96M	214.96M	214.96M
Intangible Assets	369.84M	85.15M	61.52M	46.19M	33.91M	23.89M	43.95M	8.83M	5.7M
Long-Term Investments	21M	21M	0	0	0	0	0	0	0
Other Non-Current Assets	4.31M	8.13M	7.04M	6.02M	3.55M	3.35M	3.12M	2.77M	3.61M
Total Assets	1.39B▲ 0%	900.82M▼ 35.1%	818.09M▼ 9.2%	898.06M▲ 9.8%	898.98M▲ 0.1%	1.13B▲ 25.5%	1.23B▲ 8.9%	1.25B▲ 1.8%	1.33B▲ 5.9%
Asset Turnover	0.35x	0.60x	0.51x	0.51x	0.65x	0.57x	0.54x	0.57x	0.50x
Asset Growth %	82.89%	-35.07%	-9.18%	9.78%	0.1%	25.5%	8.94%	1.83%	5.93%
Total Current Liabilities	223.46M	160.05M	118.22M	146.68M	189.2M	257.9M	218.03M	192.28M	178.06M
Accounts Payable	50.32M	39.61M	21.28M	33.66M	44.46M	52.05M	42.38M	43.52M	55.34M
Days Payables Outstanding	61.13	41.5	29.74	47.27	47.58	49.6	40.56	38.43	50.64
Short-Term Debt	0	0	0	0	0	20.17M	0	26.5M	0
Deferred Revenue (Current)	108.95M	72.74M	54.87M	67.23M	63.14M	127.22M	118.03M	64.99M	0
Other Current Liabilities	130.43M	8.22M	7.23M	2.7M	7.61M	7.07M	25.28M	6.59M	122.71M
Current Ratio	2.67x	3.25x	4.03x	4.00x	2.90x	2.59x	3.24x	3.98x	4.75x
Quick Ratio	2.13x	2.27x	2.90x	3.01x	2.00x	1.79x	2.15x	2.69x	3.20x
Cash Conversion Cycle	159.54	174.26	218.05	239.03	215.34	227.08	256.64	247.63	262.09
Total Non-Current Liabilities	323.12M	302.99M	325.35M	343.01M	272.14M	292.45M	338.57M	288.52M	262.23M
Long-Term Debt	275.63M	287.39M	300.07M	321.12M	229.44M	254.49M	274.94M	249.7M	257.85M
Capital Lease Obligations	0	0	10.3M	6.3M	32.83M	33.58M	31.53M	34.32M	0
Deferred Tax Liabilities	36.84M	5.69M	5.65M	5.24M	4.79M	1.28M	6.55M	689K	532K
Other Non-Current Liabilities	10.64M	9.91M	9.34M	10.35M	5.08M	3.1M	25.54M	3.82M	3.85M
Total Liabilities	546.57M	463.04M	443.58M	489.69M	461.35M	550.36M	556.6M	480.81M	440.29M
Total Debt	275.63M	287.39M	314.56M	331.57M	266.71M	311.57M	310.5M	314.27M	257.85M
Net Debt	-4.11M	75.12M	185.27M	201.94M	146.96M	156.65M	151.71M	168.68M	94.38M
Debt / Equity	0.33x	0.66x	0.84x	0.81x	0.61x	0.54x	0.46x	0.41x	0.29x
Debt / EBITDA	-	-	-	6.23x	3.22x	3.63x	3.27x	3.41x	6.64x
Net Debt / EBITDA	-	-	-	3.79x	1.78x	1.82x	1.60x	1.83x	2.43x
Interest Coverage	-3.57x	-19.16x	-2.53x	0.66x	2.00x	5.43x	-1.41x	7.23x	5.31x
Total Equity	840.71M▲ 0%	437.77M▼ 47.9%	374.51M▼ 14.5%	408.37M▲ 9.0%	437.63M▲ 7.2%	577.82M▲ 32.0%	672.44M▲ 16.4%	770.77M▲ 14.6%	885.51M▲ 14.9%
Equity Growth %	41.39%	-47.93%	-14.45%	9.04%	7.16%	32.04%	16.37%	14.62%	14.89%
Book Value per Share	19.03	9.28	7.89	8.44	8.16	8.81	12.51	12.51	14.61
Total Shareholders' Equity	840.71M	437.77M	374.51M	408.37M	437.63M	577.82M	672.44M	770.77M	885.51M
Common Stock	482K	485K	490K	497K	507K	517K	564K	569K	604K
Retained Earnings	-213.38M	-619.98M	-698.93M	-707.32M	-681.28M	-501.8M	-532.17M	-458.45M	-423.06M
Treasury Stock	-1.28M	-5.87M	0	0	0	0	0	0	0
Accumulated OCI	1.81M	1.82M	1.89M	1.85M	1.48M	928K	1.61M	1.52M	1.79M
Minority Interest	0	0	0	0	0	0	0	0	0

VECO Cash Flow Statement

Veeco Instruments Inc. (VECO) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash from Operations	34.15M	-37.74M	-7.42M	43.02M	67.74M	108.48M	61.67M	63.81M	63.81M
Operating CF Margin %	7.04%	-6.96%	-1.77%	9.47%	11.61%	16.79%	9.25%	8.9%	9.61%
Operating CF Growth %	243.21%	-210.52%	80.35%	680.11%	57.46%	60.14%	-43.15%	3.47%	0%
Net Income	-44.79M	-407.09M	-78.73M	-8.39M	26.04M	166.94M	-30.37M	73.71M	35.39M
Depreciation & Amortization	50.09M	50M	34.4M	30.7M	26.06M	25.64M	24.97M	25.14M	25.14M
Stock-Based Compensation	24.4M	16.07M	15.27M	12.7M	15.25M	22.99M	28.56M	35.88M	35.88M
Deferred Taxes	-33.88M	-27.62M	360K	-299K	-651K	-118.04M	-2.21M	-8.73M	-8.73M
Other Non-Cash Items	11.68M	386.93M	38.06M	22.05M	18.83M	962K	99.23M	8.55M	-3.69M
Working Capital Changes	26.64M	-56.04M	-16.77M	-13.74M	-17.78M	9.98M	-58.5M	-70.74M	-20.18M
Change in Receivables	4.52M	21.82M	5.8M	-30.36M	-26.66M	-12.83M	13.27M	-6.55M	-11.59M
Change in Inventory	6.34M	-24.68M	14.97M	-11.53M	-24.8M	-37.29M	-35.16M	-8.31M	-28.56M
Change in Payables	12.2M	-19.67M	-26.95M	15.96M	20.23M	-13.12M	-8.81M	-338K	4.23M
Cash from Investing	-357.84M	-18.3M	-75.87M	-71.79M	44.53M	-68.88M	-53.33M	-64.55M	-64.55M
Capital Expenditures	-24.27M	-12.65M	-10.87M	-6.8M	-40.64M	-24.6M	-27.93M	-18.11M	-18.11M
CapEx % of Revenue	5.01%	2.33%	2.59%	1.5%	6.97%	3.81%	4.19%	2.53%	2.73%
Acquisitions	-401.83M	-2.66M	10.87M	6.8M	40.64M	44.28M	-30.37M	2.03M	0
Investments	-	-	-	-	-	-	-	-	-
Other Investing	2.28M	-2.98M	-10.23M	2.7M	-38.92M	-44.28M	0	0	2.03M
Cash from Financing	325.94M	-11.46M	126K	29.1M	-122.03M	-4.55M	-4.68M	-12.58M	-12.58M
Debt Issued (Net)	334.56M	0	0	38.85M	-115.6M	0	1.71M	0	-5.23M
Equity Issued (Net)	123K	-8.39M	3.11M	2.88M	3.4M	3.7M	4.62M	5.3M	4.72M
Dividends Paid	0	0	0	0	0	0	0	0	0
Share Repurchases	-2.87M	-11.46M	0	0	0	0	0	0	0
Other Financing	-8.74M	-3.07M	-2.98M	-12.63M	-9.83M	-8.25M	-11.01M	-17.88M	-12.07M
Net Change in Cash	2.29M▲ 0%	-67.5M▼ 3045.1%	-83.13M▼ 23.2%	332K▲ 100.4%	-9.81M▼ 3055.1%	35M▲ 456.7%	3.65M▼ 89.6%	-13.3M▼ 464.6%	-13.3M▲ 0.0%
Free Cash Flow	9.87M▲ 0%	-50.39M▼ 610.4%	-18.29M▲ 63.7%	36.22M▲ 298.0%	27.1M▼ 25.2%	83.88M▲ 209.5%	33.74M▼ 59.8%	45.7M▲ 35.4%	45.7M▲ 0.0%
FCF Margin %	2.04%	-9.3%	-4.36%	7.97%	4.65%	12.98%	5.06%	6.37%	6.88%
FCF Growth %	127.95%	-610.35%	63.71%	298.04%	-25.18%	209.53%	-59.77%	35.44%	0%
FCF per Share	0.22	-1.07	-0.39	0.75	0.51	1.28	0.63	0.74	0.75
FCF Conversion (FCF/Net Income)	-0.76x	0.09x	0.09x	-5.13x	2.60x	0.65x	-2.03x	0.87x	1.80x
Interest Paid	4.67M	9.71M	9.41M	12.7M	0	10.14M	11.78M	9.5M	0
Taxes Paid	1.94M	4.8M	2.93M	329K	0	1.43M	5.09M	3.03M	0

VECO Key Ratios

Veeco Instruments Inc. (VECO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-18.67%	-6.24%	-63.68%	-19.39%	-2.14%	6.16%	32.88%	-4.86%	10.22%	4.27%
Return on Invested Capital (ROIC)	-23.6%	-8.28%	-46.18%	-5.53%	2.89%	7.12%	6.86%	6.73%	5.7%	2.79%
Gross Margin	39.96%	38.02%	35.74%	37.72%	42.78%	41.54%	40.73%	42.77%	42.38%	39.95%
Net Margin	-36.76%	-9.24%	-75.1%	-18.78%	-1.85%	4.46%	25.84%	-4.56%	10.28%	5.33%
Debt / Equity	0.00x	0.33x	0.66x	0.84x	0.81x	0.61x	0.54x	0.46x	0.41x	0.29x
Interest Coverage	-535.95x	-3.57x	-19.16x	-2.53x	0.66x	2.00x	5.43x	-1.41x	7.23x	5.31x
FCF Conversion	0.20x	-0.76x	0.09x	0.09x	-5.13x	2.60x	0.65x	-2.03x	0.87x	1.80x
Revenue Growth	-30.31%	45.81%	11.83%	-22.64%	8.3%	28.43%	10.78%	3.14%	7.63%	-7.39%

VECO SEC Filings & Documents

Veeco Instruments Inc. (VECO) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

May 5, 2026·SEC

Material company update

Feb 25, 2026·SEC

Material company update

Feb 6, 2026·SEC

10-K Annual Reports

FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 14, 2025·SEC

FY 2024

Feb 16, 2024·SEC

10-Q Quarterly Reports

FY 2026

May 5, 2026·SEC

FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 6, 2025·SEC

VECO Frequently Asked Questions

Veeco Instruments Inc. (VECO) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Veeco Instruments Inc. (VECO) reported $664.3M in revenue for fiscal year 2025. This represents a 586% increase from $96.8M in 1996.

Veeco Instruments Inc. (VECO) saw revenue decline by 7.4% over the past year.

Yes, Veeco Instruments Inc. (VECO) is profitable, generating $35.4M in net income for fiscal year 2025 (5.3% net margin).

Dividend & Returns

Veeco Instruments Inc. (VECO) has a return on equity (ROE) of 4.3%. This is below average, suggesting room for improvement.

Veeco Instruments Inc. (VECO) generated $53.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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Veeco Instruments Inc.(VECO)Earnings, Financials & Key Ratios

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