Veeco Instruments Inc. (VECO)
NASDAQ: VECO · Real-Time Price · USD
53.27
+3.12 (6.21%)
Aug 12, 2026, 12:45 PM EDT - Market open

Veeco Instruments Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
682.72664.29717.3666.44646.14583.28
Revenue Growth
-2.51%-7.39%7.63%3.14%10.78%28.43%
Gross Profit
258.88265.41304.01285.06263.15242.27
Operating Income
30.7735.7166.9869.9460.356.71
Net Income
23.2435.3973.71-30.37166.9426.04
Earnings Per Share
0.360.591.23-0.562.710.49
EPS Growth
-64.71%-52.03%--453.06%-

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
United States
146.77101.39164.56162.79197.43217.21
Europe, The Middle East, and Africa (EMEA)
51.7150.7961.7376.787.8455.13
China
151.47181.81255.62217.94123.7106
Rest of APAC
332.18330.18234.59208.69235.74204.63
Rest of World
0.590.120.80.311.430.31
Total
682.72664.29717.3666.44646.14583.28

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
429.4390.23344.31305.45302.41223.93
Total Debt
257.01257.85310.52306.47308.24262.27
Net Cash (Debt)
172.39132.3833.8-1.03-5.83-38.34
Net Cash Growth
79.68%291.69%----
Net Cash Per Share
2.762.180.55-0.02-0.09-0.71

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
99.8369.4963.8261.67108.4867.74
Capital Expenditures
-14.66-16.2-18.11-27.93-24.6-40.64
Free Cash Flow
85.1753.2945.733.7483.8827.1
Free Cash Flow Growth
53.41%16.61%35.44%-59.77%209.53%-25.18%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
37.92%39.95%42.38%42.77%40.73%41.54%
Operating Margin
4.51%5.38%9.34%10.49%9.33%9.72%
Pretax Margin
5.23%5.93%9.60%-4.25%7.89%4.40%
Profit Margin
5.22%5.33%10.28%-4.56%25.84%4.46%
FCF Margin
12.47%8.02%6.37%5.06%12.98%4.65%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
144.5948.4421.79-6.8658.10
Forward PE
21.5721.2716.2318.5515.0519.44
P/FCF Ratio
38.4732.3933.3251.8311.4453.22
PS Ratio
4.802.602.122.621.492.47