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Veeco Instruments Inc.(VECO)Earnings, Financials & Key Ratios
VECO•NASDAQ
135.0× P/E·Price updated Jun 19, 2026
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%
VECO Key Insights
Veeco Instruments Inc. (VECO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 97 (top 3%)
- ✓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.
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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-7.71%
Profit CAGR
10 Years-
5 Years-
3 Years-40.37%
TTM-63.77%
EPS CAGR
10 Years-
5 Years-
3 Years-39.84%
TTM-64.66%
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
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 5, 2026Metric
Actual
Est
EPS
$0.14-30.0%
$0.20
Rev
$158M-1.1%
$160M
Q1 2026
Feb 25, 2026Metric
Actual
Est
EPS
$0.24-4.0%
$0.25
Rev
$165M-0.0%
$165M
Q4 2025
Nov 5, 2025Metric
Actual
Est
EPS
$0.36+28.6%
$0.28
Rev
$166M-0.2%
$166M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$0.36+63.6%
$0.22
Rev
$166M+4.5%
$159M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.14vs $0.20-30.0% | $158Mvs $160M-1.1% |
| Q1 2026 | 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% |
Based on last 12 quarters of dataView full earnings history →
VECO Peer Comparison
Veeco Instruments Inc. (VECO) competitors in Semiconductor Manufacturing Equipment — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 UCTT | 5.52B | 121.28 | -30.32 | -2.08% | -9.38% | -25.39% | 1.03 | |
 ACMR | 7.28B | 109.87 | 80.20 | 15.24% | 9.48% | 5.13% | 0.16 | |
 ONTO | 16.6B | 333.76 | 120.06 | 1.82% | 10.33% | 5.19% | 0.01 | |
 AXTI | 3.72B | 84.57 | -172.59 | -11.11% | -24.07% | -8.01% | 0.20 | |
 COHU | 3.26B | 69.40 | -43.65 | 12.74% | -11.54% | -6.84% | 0.46 | |
 MKSI | 27.36B | 406.37 | 92.99 | 9.62% | 8.03% | 12.24% | 1.73 | |
 AMAT | 489.96B | 617.11 | 71.26 | 4.39% | 29.31% | 39.78% | 0.35 | |
 LRCX | 485.82B | 389.04 | 93.74 | 23.68% | 30.94% | 65.79% | 0.48 |
Compare VECO vs Peers
Veeco Instruments Inc. (VECO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
VECO Income Statement
Veeco Instruments Inc. (VECO) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 484.76M | 542.08M | 419.35M | 454.16M | 583.28M | 646.14M | 666.43M | 717.3M | 664.29M | 655.34M |
Revenue Growth % | 45.81% | 11.83% | -22.64% | 8.3% | 28.43% | 10.78% | 3.14% | 7.63% | -7.39% | -7.71% |
Cost of Goods Sold | 300.44M | 348.36M | 261.15M | 259.86M | 341M | 382.99M | 381.38M | 413.3M | 398.88M | 402.57M |
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% | 252.77M▲ 0% |
Gross Margin % | 38.02% | 35.74% | 37.72% | 42.78% | 41.54% | 40.73% | 42.77% | 42.38% | 39.95% | 38.57% |
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 | 233.87M |
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 | 99.89M |
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 | 121M |
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 | 2.87M |
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% | 18.9M▲ 0% |
Operating Margin % | -13.16% | -76.65% | -9.44% | 4.97% | 9.72% | 9.33% | 10.49% | 9.34% | 5.38% | 2.88% |
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 | 38.98M |
EBITDA Margin % | -2.82% | -67.43% | -1.23% | 11.73% | 14.19% | 13.3% | 14.24% | 12.84% | 5.85% | 5.95% |
EBITDA Growth % | 84.41% | -2571.23% | 98.58% | 1128.42% | 55.4% | 3.83% | 10.43% | -2.93% | -57.84% | -52.96% |
D&A (Non-Cash Add-back) | 50.09M | 50M | 34.4M | 30.7M | 26.06M | 25.64M | 24.97M | 25.14M | 3.14M | 20.08M |
EBIT | -69.53M | -412.32M | -55.87M | 16.27M | 56.71M | 62.49M | -16.57M | 79.88M | 48.52M | 28.38M |
Net Interest Income | -17.12M | -18.33M | -17.41M | -23.19M | -26.02M | -9.31M | -1.19M | 1.85M | 4.33M | 3.5M |
Interest Income | 2.33M | 3.19M | 4.68M | 1.55M | 2.34M | 2.2M | 10.58M | 12.9M | 13.47M | 10.13M |
Interest Expense | 19.46M | 21.52M | 22.09M | 24.74M | 28.36M | 11.51M | 11.77M | 11.04M | 9.14M | 7.8M |
Other Income/Expense | -17.12M | -18.33M | -38.38M | -31.03M | -31.03M | -9.31M | -98.28M | 1.85M | 3.68M | 4.02M |
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% | 22.92M▲ 0% |
Pretax Margin % | -16.69% | -80.03% | -18.59% | -1.86% | 4.4% | 7.89% | -4.25% | 9.6% | 5.93% | 3.5% |
Income Tax | -36.11M | -26.75M | 777K | -73K | -358K | -115.96M | 2.03M | -4.88M | 4M | -199K |
Effective Tax Rate % | 44.63% | 6.17% | -1% | 0.86% | -1.39% | -227.43% | -7.16% | -7.09% | 10.15% | -0.87% |
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% | 23.12M▲ 0% |
Net Margin % | -9.24% | -75.1% | -18.78% | -1.85% | 4.46% | 25.84% | -4.56% | 10.28% | 5.33% | 3.53% |
Net Income Growth % | 63.35% | -808.82% | 80.66% | 89.34% | 410.31% | 541.15% | -118.19% | 342.74% | -51.99% | -63.77% |
Net Income (Continuing) | -51.4M | -407.09M | -78.73M | -8.39M | 26.04M | 166.94M | -30.37M | 73.71M | 35.39M | 23.12M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 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% | 0.38▲ 0% |
EPS Growth % | 67.52% | -754.46% | 80.76% | 89.76% | 388.24% | 453.06% | -120.66% | 319.64% | -52.03% | -64.66% |
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 | 60.41M |
Basic Shares Outstanding | 44.17M | 47.15M | 47.48M | 48.36M | 49.07M | 49.91M | 53.77M | 56.43M | 59.3M | 60.41M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
VECO Balance Sheet
Veeco Instruments Inc. (VECO) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 596.99M | 520.08M | 475.88M | 586.93M | 549.39M | 668.9M | 706.28M | 764.53M | 845.34M | 873.42M |
Cash & Short-Term Investments | 327.52M | 260.46M | 244.55M | 319.4M | 223.93M | 302.41M | 305.44M | 344.31M | 390.23M | 383.33M |
Cash Only | 279.74M | 212.27M | 129.29M | 129.63M | 119.75M | 154.93M | 158.78M | 145.59M | 163.47M | 179.53M |
Short-Term Investments | 47.78M | 48.19M | 115.25M | 189.77M | 104.18M | 147.49M | 146.66M | 198.72M | 226.76M | 203.8M |
Accounts Receivable | 99.03M | 77.2M | 71.02M | 101.24M | 127.9M | 140.73M | 127.39M | 133.94M | 110.69M | 150.52M |
Days Sales Outstanding | 74.56 | 51.98 | 61.81 | 81.36 | 80.04 | 79.5 | 69.77 | 68.16 | 60.82 | 76.82 |
Inventory | 120.27M | 156.31M | 133.07M | 145.91M | 170.86M | 206.91M | 237.63M | 246.74M | 275.3M | 282.23M |
Days Inventory Outstanding | 146.11 | 163.78 | 185.98 | 204.94 | 182.88 | 197.19 | 227.43 | 217.9 | 251.91 | 247.68 |
Other Current Assets | 24.44M | 16.68M | 12.28M | 1.09M | 1.07M | 18.85M | 19.74M | 39.54M | 69.12M | 57.34M |
Total Non-Current Assets | 790.29M | 380.74M | 342.21M | 311.13M | 349.59M | 459.28M | 522.76M | 487.05M | 480.46M | 479.55M |
Property, Plant & Equipment | 85.06M | 80.28M | 90.16M | 75.55M | 128.56M | 133.75M | 142.84M | 140.29M | 133.25M | 131.9M |
Fixed Asset Turnover | 5.70x | 6.75x | 4.65x | 6.01x | 4.54x | 4.83x | 4.67x | 5.11x | 4.99x | 4.89x |
Goodwill | 307.13M | 184.3M | 181.94M | 181.94M | 181.94M | 181.94M | 214.96M | 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 | 4.99M |
Long-Term Investments | 21M | 21M | 0 | 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 | 3.55M |
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% | 1.35B▲ 0% |
Asset Turnover | 0.35x | 0.60x | 0.51x | 0.51x | 0.65x | 0.57x | 0.54x | 0.57x | 0.50x | 0.50x |
Asset Growth % | 82.89% | -35.07% | -9.18% | 9.78% | 0.1% | 25.5% | 8.94% | 1.83% | 5.93% | 16.27% |
Total Current Liabilities | 223.46M | 160.05M | 118.22M | 146.68M | 189.2M | 257.9M | 218.03M | 192.28M | 178.06M | 206.69M |
Accounts Payable | 50.32M | 39.61M | 21.28M | 33.66M | 44.46M | 52.05M | 42.38M | 43.52M | 55.34M | 60.15M |
Days Payables Outstanding | 61.13 | 41.5 | 29.74 | 47.27 | 47.58 | 49.6 | 40.56 | 38.43 | 50.64 | 47.28 |
Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 20.17M | 0 | 26.5M | 0 | 0 |
Deferred Revenue (Current) | 108.95M | 72.74M | 54.87M | 67.23M | 63.14M | 127.22M | 118.03M | 64.99M | 0 | 114.73M |
Other Current Liabilities | 130.43M | 8.22M | 7.23M | 2.7M | 7.61M | 7.07M | 25.28M | 6.59M | 122.71M | 146.53M |
Current Ratio | 2.67x | 3.25x | 4.03x | 4.00x | 2.90x | 2.59x | 3.24x | 3.98x | 4.75x | 4.23x |
Quick Ratio | 2.13x | 2.27x | 2.90x | 3.01x | 2.00x | 1.79x | 2.15x | 2.69x | 3.20x | 2.86x |
Cash Conversion Cycle | 159.54 | 174.26 | 218.05 | 239.03 | 215.34 | 227.08 | 256.64 | 247.63 | 262.09 | 277.23 |
Total Non-Current Liabilities | 323.12M | 302.99M | 325.35M | 343.01M | 272.14M | 292.45M | 338.57M | 288.52M | 262.23M | 262.62M |
Long-Term Debt | 275.63M | 287.39M | 300.07M | 321.12M | 229.44M | 254.49M | 274.94M | 249.7M | 257.85M | 257.39M |
Capital Lease Obligations | 0 | 0 | 10.3M | 6.3M | 32.83M | 33.58M | 31.53M | 34.32M | 0 | 66.06M |
Deferred Tax Liabilities | 36.84M | 5.69M | 5.65M | 5.24M | 4.79M | 1.28M | 6.55M | 689K | 532K | 2.32M |
Other Non-Current Liabilities | 10.64M | 9.91M | 9.34M | 10.35M | 5.08M | 3.1M | 25.54M | 3.82M | 3.85M | 4.72M |
Total Liabilities | 546.57M | 463.04M | 443.58M | 489.69M | 461.35M | 550.36M | 556.6M | 480.81M | 440.29M | 469.31M |
Total Debt | 275.63M | 287.39M | 314.56M | 331.57M | 266.71M | 311.57M | 310.5M | 314.27M | 257.85M | 257.39M |
Net Debt | -4.11M | 75.12M | 185.27M | 201.94M | 146.96M | 156.65M | 151.71M | 168.68M | 94.38M | 77.86M |
Debt / Equity | 0.33x | 0.66x | 0.84x | 0.81x | 0.61x | 0.54x | 0.46x | 0.41x | 0.29x | 0.29x |
Debt / EBITDA | - | - | - | 6.23x | 3.22x | 3.63x | 3.27x | 3.41x | 6.64x | 6.60x |
Net Debt / EBITDA | - | - | - | 3.79x | 1.78x | 1.82x | 1.60x | 1.83x | 2.43x | 2.00x |
Interest Coverage | -3.57x | -19.16x | -2.53x | 0.66x | 2.00x | 5.43x | -1.41x | 7.23x | 5.31x | 3.64x |
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% | 883.66M▲ 0% |
Equity Growth % | 41.39% | -47.93% | -14.45% | 9.04% | 7.16% | 32.04% | 16.37% | 14.62% | 14.89% | 60.82% |
Book Value per Share | 19.03 | 9.28 | 7.89 | 8.44 | 8.16 | 8.81 | 12.51 | 12.51 | 14.61 | 14.63 |
Total Shareholders' Equity | 840.71M | 437.77M | 374.51M | 408.37M | 437.63M | 577.82M | 672.44M | 770.77M | 885.51M | 883.66M |
Common Stock | 482K | 485K | 490K | 497K | 507K | 517K | 564K | 569K | 604K | 610K |
Retained Earnings | -213.38M | -619.98M | -698.93M | -707.32M | -681.28M | -501.8M | -532.17M | -458.45M | -423.06M | -423.39M |
Treasury Stock | -1.28M | -5.87M | 0 | 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 | 1.32M |
Minority Interest | 0 | 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
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 34.15M | -37.74M | -7.42M | 43.02M | 67.74M | 108.48M | 61.67M | 63.81M | 63.81M | 57.44M |
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% | -77.37% |
Net Income | -44.79M | -407.09M | -78.73M | -8.39M | 26.04M | 166.94M | -30.37M | 73.71M | 35.39M | 23.12M |
Depreciation & Amortization | 50.09M | 50M | 34.4M | 30.7M | 26.06M | 25.64M | 24.97M | 25.14M | 25.14M | 20.02M |
Stock-Based Compensation | 24.4M | 16.07M | 15.27M | 12.7M | 15.25M | 22.99M | 28.56M | 35.88M | 35.88M | 27.31M |
Deferred Taxes | -33.88M | -27.62M | 360K | -299K | -651K | -118.04M | -2.21M | -8.73M | -8.73M | -5.64M |
Other Non-Cash Items | 11.68M | 386.93M | 38.06M | 22.05M | 18.83M | 962K | 99.23M | 8.55M | -3.69M | 4.78M |
Working Capital Changes | 26.64M | -56.04M | -16.77M | -13.74M | -17.78M | 9.98M | -58.5M | -70.74M | -20.18M | -12.15M |
Change in Receivables | 4.52M | 21.82M | 5.8M | -30.36M | -26.66M | -12.83M | 13.27M | -6.55M | -11.59M | -24.3M |
Change in Inventory | 6.34M | -24.68M | 14.97M | -11.53M | -24.8M | -37.29M | -35.16M | -8.31M | -28.56M | -28.18M |
Change in Payables | 12.2M | -19.67M | -26.95M | 15.96M | 20.23M | -13.12M | -8.81M | -338K | 4.23M | -5.13M |
Cash from Investing | -357.84M | -18.3M | -75.87M | -71.79M | 44.53M | -68.88M | -53.33M | -64.55M | -64.55M | -38.31M |
Capital Expenditures | -24.27M | -12.65M | -10.87M | -6.8M | -40.64M | -24.6M | -27.93M | -18.11M | -18.11M | -16.46M |
CapEx % of Revenue | 5.01% | 2.33% | 2.59% | 1.5% | 6.97% | 3.81% | 4.19% | 2.53% | 2.73% | 2.51% |
Acquisitions | -401.83M | -2.66M | 10.87M | 6.8M | 40.64M | 44.28M | -30.37M | 2.03M | 0 | 0 |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 2.28M | -2.98M | -10.23M | 2.7M | -38.92M | -44.28M | 0 | 0 | 2.03M | 25.1M |
Cash from Financing | 325.94M | -11.46M | 126K | 29.1M | -122.03M | -4.55M | -4.68M | -12.58M | -12.58M | -14.75M |
Debt Issued (Net) | 334.56M | 0 | 0 | 38.85M | -115.6M | 0 | 1.71M | 0 | -5.23M | -5.23M |
Equity Issued (Net) | 123K | -8.39M | 3.11M | 2.88M | 3.4M | 3.7M | 4.62M | 5.3M | 4.72M | 3.32M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | -2.87M | -11.46M | 0 | 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 | -12.84M |
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% | 4.47M▲ 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% | 42.89M▲ 0% |
FCF Margin % | 2.04% | -9.3% | -4.36% | 7.97% | 4.65% | 12.98% | 5.06% | 6.37% | 6.88% | 6.54% |
FCF Growth % | 127.95% | -610.35% | 63.71% | 298.04% | -25.18% | 209.53% | -59.77% | 35.44% | 0% | -22.82% |
FCF per Share | 0.22 | -1.07 | -0.39 | 0.75 | 0.51 | 1.28 | 0.63 | 0.74 | 0.75 | 0.71 |
FCF Conversion (FCF/Net Income) | -0.76x | 0.09x | 0.09x | -5.13x | 2.60x | 0.65x | -2.03x | 0.87x | 1.80x | 1.86x |
Interest Paid | 4.67M | 9.71M | 9.41M | 12.7M | 0 | 10.14M | 11.78M | 9.5M | 0 | 0 |
Taxes Paid | 1.94M | 4.8M | 2.93M | 329K | 0 | 1.43M | 5.09M | 3.03M | 0 | 0 |
VECO Key Ratios
Veeco Instruments Inc. (VECO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | -6.24% | -63.68% | -19.39% | -2.14% | 6.16% | 32.88% | -4.86% | 10.22% | 4.27% | 2.64% |
Return on Invested Capital (ROIC) | -8.28% | -46.18% | -5.53% | 2.89% | 7.12% | 6.86% | 6.73% | 5.7% | 2.79% | 1.49% |
Gross Margin | 38.02% | 35.74% | 37.72% | 42.78% | 41.54% | 40.73% | 42.77% | 42.38% | 39.95% | 38.57% |
Net Margin | -9.24% | -75.1% | -18.78% | -1.85% | 4.46% | 25.84% | -4.56% | 10.28% | 5.33% | 3.53% |
Debt / Equity | 0.33x | 0.66x | 0.84x | 0.81x | 0.61x | 0.54x | 0.46x | 0.41x | 0.29x | 0.29x |
Interest Coverage | -3.57x | -19.16x | -2.53x | 0.66x | 2.00x | 5.43x | -1.41x | 7.23x | 5.31x | 3.64x |
FCF Conversion | -0.76x | 0.09x | 0.09x | -5.13x | 2.60x | 0.65x | -2.03x | 0.87x | 1.80x | 1.86x |
Revenue Growth | 45.81% | 11.83% | -22.64% | 8.3% | 28.43% | 10.78% | 3.14% | 7.63% | -7.39% | -7.71% |
Related:VECO Dividend History·VECO Revenue History·VECO Price History·VECO P/E History·VECO Financial Ratios·VECO Institutional Holders
VECO SEC Filings & Documents
Veeco Instruments Inc. (VECO) SEC filings — annual & quarterly reports (10-K, 10-Q)
VECO Frequently Asked Questions
Veeco Instruments Inc. (VECO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Veeco Instruments Inc. (VECO) reported $655.3M in revenue for fiscal year 2025. This represents a 577% 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 $23.1M 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 $42.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.