Seeking Alpha·2d ago
Veeco Instruments Inc. (VECO) Q3 2026 Earnings Call TranscriptVeeco Instruments Inc. (VECO) Q3 2026 Earnings Call Transcript
VECO's revenue rebounded 26.2% year over year to $209.4M in 2026Q3, but gross margin has slipped from 42.9% in 2024Q3 to 38.4% and operating margin of 6.7% remains far below the 13.2% peak, suggesting pricing or mix pressure has not yet reversed.
Price trend, volume and key moving averages
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 4, 2026 | $0.36-15.7% vs $0.43 | $209M-1.8% vs $213M |
Q3 2026 Aug 5, 2026 | $0.33+28.0% vs $0.26 | $193M+7.4% vs $180M |
Q2 2026 May 5, 2026 | $0.14-30.0% vs $0.20 | $158M-1.1% vs $160M |
Q1 2026 Feb 25, 2026 | $0.24-4.0% vs $0.25 | $165M-0.0% vs $165M |
Veeco Instruments Inc. (VECO) Q3 2026 Earnings Call Transcript
Veeco Instruments NASDAQ: VECO reported third-quarter 2026 revenue of $209 million and said it expects growth to accelerate in 2027 as demand for semiconductor manufacturing and optical connectivity equipment rises alongside investment in artificial intelligence infrastructure.
Veeco Instruments (VECO) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.36 per share a year ago.
Third Quarter 2026 Highlights: Revenue of $209.4 million, compared with $165.9 million in the same period last year GAAP net income of $13.6 million, or $0.21 per diluted share, compared with $10.6 million, or $0.17 earnings per diluted share in the same period last year Non-GAAP net income of $24.1 million, or $0.36 per diluted share, compared with $21.8 million, or $0.36 per diluted share in the same period last year PLAINVIEW, N.Y., Nov. 04, 2026 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its third quarter ended September 30, 2026.
Benchmark VECO against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Veeco Instruments Inc. (VECO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $37.19 | $2.27B | 63.03 | -7.39% | 5.33% | 4.27% | — | |
| $41.13 | $1.84B | -10.28 | -2.08% | 1.09% | 3.53% | 0.01% | |
| $44.61 | $2.86B | 32.56 | 15.24% | 14.48% | 7.24% | 0.25% | |
| $173.28 | $8.62B | 62.33 | 1.82% | 11.84% | 6.5% | — | |
| $38.88 | $1.97B | -79.35 | -11.11% | 3.23% | 0.87% | — | |
| $38.49 | $1.82B | -24.21 | 12.74% | -3.97% | -2.9% | — |
Veeco Instruments Inc. (VECO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Veeco Instruments Inc. (VECO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 5, 2026·SEC
May 7, 2026·SEC
May 5, 2026·SEC
Get notified when VECO posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
Veeco Instruments Inc. (VECO) stock FAQ — growth, dividends, profitability & financials explained
Veeco Instruments Inc. (VECO) reported $682.7M in revenue over the trailing twelve months. Revenue was $664.3M in fiscal year 2025. That is 586% more than the $96.8M of fiscal year 1996.
Veeco Instruments Inc. (VECO) revenue fell by 7.4% in fiscal year 2025, compared with the prior fiscal year.
Yes. Veeco Instruments Inc. (VECO) earned $23.2M in net income over the trailing twelve months (a 3.4% net margin).
Veeco Instruments Inc. (VECO) had a return on equity (ROE) of 4.3% in fiscal year 2025. That is below the market's typical 10-15%.
Veeco Instruments Inc. (VECO) generated $88.0M in free cash flow over the trailing twelve months.
