Veeco Instruments Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	655.34	664.29	717.3	666.44	646.14	583.28
Revenue Growth (YoY)	-7.71%	-7.39%	7.63%	3.14%	10.78%	28.43%
Cost of Revenue	402.57	398.89	413.3	381.38	382.99	341
Gross Profit	252.77	265.41	304.01	285.06	263.15	242.27
Selling, General & Admin	99.89	98.91	99.66	92.76	88.95	84.54
Depreciation & Amortization Expenses	3.02	3.14	6.98	8.48	10.02	12.28
Research & Development	121	119.64	124.51	112.85	103.57	88.68
Other Operating Expenses	1.05	8.02	5.87	1.03	0.32	0.07
Total Operating Expenses	224.96	229.7	237.02	215.12	202.85	185.56
Operating Income	27.81	35.71	66.98	69.94	60.3	56.71
Interest Income	13.4	13.47	12.9	10.58	2.2	2.34
Interest Expense	-8.73	-9.14	-11.05	-11.77	-11.51	-28.36
Other Non-Operating Income (Expense)	-0.65	-0.65	-	-97.09	-	-5.01
Total Non-Operating Income (Expense)	4.02	3.68	1.85	-98.28	-9.31	-31.03
Pretax Income	31.83	39.39	68.83	-28.34	50.99	25.68
Provision for Income Taxes	-0.2	4	-4.88	2.03	-115.96	-0.36
Net Income	23.12	35.39	73.71	-30.37	166.94	26.04
Net Income to Common	23.12	35.39	73.71	-30.37	166.94	26.04
Net Income Growth	-63.77%	-51.99%	-	-	541.15%	-
Shares Outstanding (Basic)	60	59	56	54	50	49
Shares Outstanding (Diluted)	61	61	62	54	66	54
Shares Change (YoY)	-1.13%	-1.63%	14.56%	-18.04%	22.30%	10.92%
EPS (Basic)	0.39	0.60	1.31	-0.56	3.35	0.53
EPS (Diluted)	0.38	0.59	1.23	-0.56	2.71	0.49
EPS Growth	-64.49%	-52.03%	-	-	453.06%	-
Shares Outstanding	61.03	60.39	56.83	56.36	51.66	50.65
Free Cash Flow	42.89	53.29	45.7	33.74	83.88	27.1
Free Cash Flow Growth	-19.52%	16.61%	35.44%	-59.77%	209.53%	-25.18%
Free Cash Flow Per Share	0.71	0.88	0.74	0.63	1.28	0.51
Gross Margin	38.57%	39.95%	42.38%	42.77%	40.73%	41.54%
Operating Margin	4.24%	5.38%	9.34%	10.49%	9.33%	9.72%
Profit Margin	4.89%	5.33%	10.28%	-4.56%	25.84%	4.46%
FCF Margin	6.54%	8.02%	6.37%	5.06%	12.98%	4.65%
EBITDA	47.83	55.73	92.12	94.91	85.94	82.77
EBITDA Margin	7.30%	8.39%	12.84%	14.24%	13.30%	14.19%
EBIT	27.81	35.71	66.98	69.94	60.3	56.71
EBIT Margin	4.24%	5.38%	9.34%	10.49%	9.33%	9.72%
Effective Tax Rate	-0.63%	10.15%	-7.09%	-7.16%	-227.43%	-1.39%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q