VECO
Veeco Instruments Inc
NASDAQ: VECO · TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS
$47.84
+0.02% today
Updated 2026-04-29
Market cap
$2.89B
P/E ratio
81.08
P/S ratio
4.35x
EPS (TTM)
$0.59
Dividend yield
—
52W range
$18 – $53
Volume
1.3M
Veeco Instruments Inc (VECO) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $441.03M | $402.48M | $442.81M | $380.15M | $933.23M | $979.13M | $516.02M | $331.75M | $392.87M | $477.04M | $332.45M | $484.76M | $542.08M | $419.35M | $454.16M | $583.28M | $646.14M | $666.43M | $717.30M | $664.29M |
| Revenue growth (YoY) | — | -8.7% | +10.0% | -14.2% | +145.5% | +4.9% | -47.3% | -35.7% | +18.4% | +21.4% | -30.3% | +45.8% | +11.8% | -22.6% | +8.3% | +28.4% | +10.8% | +3.1% | +7.6% | -7.4% |
| Cost of revenue | $246.91M | $244.96M | $266.21M | $228.59M | $489.41M | $504.80M | $300.89M | $228.61M | $257.99M | $299.80M | $199.59M | $300.44M | $348.36M | $261.15M | $259.86M | $341.00M | $382.99M | $381.38M | $413.30M | $398.88M |
| Gross profit | $194.12M | $157.51M | $176.59M | $151.56M | $443.82M | $474.33M | $215.13M | $103.14M | $134.88M | $177.24M | $132.86M | $184.32M | $193.72M | $158.19M | $194.30M | $242.27M | $263.15M | $285.06M | $304.00M | $265.41M |
| Gross margin | 44.0% | 39.1% | 39.9% | 39.9% | 47.6% | 48.4% | 41.7% | 31.1% | 34.3% | 37.2% | 40.0% | 38.0% | 35.7% | 37.7% | 42.8% | 41.5% | 40.7% | 42.8% | 42.4% | 40.0% |
| R&D | $61.92M | $61.17M | $60.35M | $57.43M | $71.39M | $96.60M | $95.15M | $81.42M | $81.17M | $78.54M | $81.02M | $81.99M | $97.75M | $90.56M | $78.99M | $88.68M | $103.56M | $112.85M | $124.51M | $119.64M |
| SG&A | $93.11M | $90.97M | $92.84M | $85.45M | $91.78M | $95.13M | $73.11M | $85.49M | $89.76M | $90.19M | $77.64M | $100.25M | $92.06M | $79.75M | $76.25M | $84.54M | $88.95M | $92.76M | $99.66M | $98.91M |
| Operating income | $22.46M | $-12.06M | $-70.56M | $-7.43M | $277.57M | $276.26M | $41.96M | $-71.81M | $-79.21M | $-23.23M | $-120.40M | $-63.78M | $-415.50M | $-39.58M | $22.57M | $56.71M | $60.30M | $69.94M | $66.98M | $35.71M |
| Operating margin | 5.1% | -3.0% | -15.9% | -2.0% | 29.7% | 28.2% | 8.1% | -21.6% | -20.2% | -4.9% | -36.2% | -13.2% | -76.6% | -9.4% | 5.0% | 9.7% | 9.3% | 10.5% | 9.3% | 5.4% |
| EBITDA | $57.79M | $17.63M | $-35.01M | $10.02M | $282.27M | $289.58M | $46.87M | $-52.19M | $-53.07M | $17.67M | $-86.57M | $-19.44M | $-362.32M | $-21.47M | $46.97M | $82.77M | $88.14M | $8.40M | $105.02M | $51.66M |
| EBITDA margin | 13.1% | 4.4% | -7.9% | 2.6% | 30.2% | 29.6% | 9.1% | -15.7% | -13.5% | 3.7% | -26.0% | -4.0% | -66.8% | -5.1% | 10.3% | 14.2% | 13.6% | 1.3% | 14.6% | 7.8% |
| EBIT | $27.71M | $-7.36M | $-60.10M | $2.68M | $277.40M | $284.84M | $41.96M | $-57.71M | $-66.21M | $-9.97M | $-119.22M | $-69.53M | $-412.32M | $-55.87M | $16.27M | $56.71M | $62.49M | $-16.57M | $79.88M | $48.52M |
| Interest expense | $9.19M | $6.98M | $6.40M | $6.85M | $6.57M | $4.60M | $0.00 | $598000.00 | $715000.00 | $464000.00 | $222000.00 | $19.46M | $21.52M | $22.09M | $24.74M | $28.36M | $11.51M | $11.77M | $11.04M | $9.14M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $14.92M | $-17.36M | $-71.06M | $-15.57M | $361.76M | $127.99M | $30.93M | $-42.26M | $-66.94M | $-31.98M | $-122.21M | $-44.79M | $-407.09M | $-78.73M | $-8.39M | $26.04M | $166.94M | $-30.37M | $73.71M | $35.39M |
| Net income growth (YoY) | — | -216.4% | -309.4% | +78.1% | +2423.9% | -64.6% | -75.8% | -236.6% | -58.4% | +52.2% | -282.2% | +63.3% | -808.8% | +80.7% | +89.3% | +410.3% | +541.1% | -118.2% | +342.7% | -52.0% |
| Profit margin | 3.4% | -4.3% | -16.0% | -4.1% | 38.8% | 13.1% | 6.0% | -12.7% | -17.0% | -6.7% | -36.8% | -9.2% | -75.1% | -18.8% | -1.8% | 4.5% | 25.8% | -4.6% | 10.3% | 5.3% |