Veeco Instruments Inc. (VECO)
NASDAQ: VECO · Real-Time Price · USD
39.06
-1.27 (-3.15%)
Nov 13, 2026, 4:00 PM EST - Market closed

Veeco Instruments Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
726.22664.29717.3666.44646.14583.28
Revenue Growth
6.58%-7.39%7.63%3.14%10.78%28.43%
Gross Profit
274.86265.41304.01285.06263.15242.27
Operating Income
36.3443.6973.8769.9460.356.71
Net Income
26.2835.3973.71-30.37166.9426.04
Earnings Per Share
0.410.591.23-0.562.710.49
EPS Growth
-50.21%-52.01%--453.00%-

Revenue by Geography

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
United States
185.26101.39164.56162.79197.43217.21
Europe, The Middle East, and Africa (EMEA)
64.7850.7961.7376.787.8455.13
China
130.4181.81255.62217.94123.7106
Rest of APAC
345.21330.18234.59208.69235.74204.63
Rest of World
0.570.120.80.311.430.31
Total
726.22664.29717.3666.44646.14583.28

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
482.51390.23344.31305.45302.41223.93
Total Debt
262.52262.01314.27310.5311.57266.71
Net Cash (Debt)
219.99128.2230.04-5.05-9.16-42.78
Net Cash Growth
105.79%326.81%----
Net Cash Per Share
3.432.120.49-0.09-0.14-0.80

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
142.2269.4963.8261.67108.4867.74
Capital Expenditures
-16.41-16.2-18.11-27.93-24.6-40.64
Free Cash Flow
125.853.2945.733.7483.8827.1
Free Cash Flow Growth
129.38%16.61%35.44%-59.77%209.53%-25.18%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
37.85%39.95%42.38%42.77%40.73%41.54%
Operating Margin
5.00%6.58%10.30%10.50%9.33%9.72%
Pretax Margin
3.76%5.93%9.60%-4.25%7.89%4.40%
Profit Margin
3.62%5.33%10.28%-4.56%25.84%4.46%
FCF Margin
17.32%8.02%6.37%5.06%12.98%4.65%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
94.4348.5920.64-5.7255.22
Forward PE
14.2121.2716.2318.5515.0519.44
P/FCF Ratio
18.9832.2633.3051.8111.3953.06
PS Ratio
3.292.592.122.621.482.47