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Veeco Instruments VECO · USD

Information Technology · US listing · 🇺🇸 United States

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39.60

+6.48%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$664.3m

FY2016FY2025

Net income

$35.4m

FY2016FY2025

Free cash flow

$45.7m

FY2016FY2025

Shareholders' equity

$885.5m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$664.3m$717.3m$666.4m$646.1m$583.3m$454.2m$419.3m$542.1m$484.8m$332.5m
Gross profit$265.4m$304.0m$285.1m$263.1m$242.3m$194.3m$158.2m$193.7m$184.3m$132.9m
Research and development$119.6m$124.5m$112.9m$103.6m$88.7m$79.0m$90.6m$97.8m$82.0m$81.0m
Operating income$35.7m$67.0m$69.9m$60.3m$56.7m$22.6m−$55.9m−$412.3m−$63.8m−$120.4m
Net income$35.4m$73.7m−$30.4m$166.9m$26.0m−$8.4m−$78.7m−$407.1m−$44.8m−$122.2m
Diluted earnings per share0.581.22-0.512.540.47-0.17-1.66-8.74-0.95-3.11

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$1.33bn$1.25bn$1.23bn$1.13bn$899.0m$898.1m$818.1m$900.8m$1.39bn$758.5m
Cash and short-term investments$390.2m$344.3m$305.4m$302.4m$223.9m$319.4m$244.5m$260.5m$327.5m$344.2m
Total liabilities$440.3m$480.8m$556.6m$550.4m$461.3m$489.7m$443.6m$463.0m$546.6m$163.9m
Debt$230.2m$276.2m$274.9m$274.7m$229.4m$321.1m$300.1m$287.4m$275.6m$1.2m
Shareholders' equity$885.5m$770.8m$672.4m$577.8m$437.6m$408.4m$374.5m$437.8m$840.7m$594.6m
Shares outstanding61m60m60m66m55m48m48m47m47m39m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$63.8m$63.8m$61.7m$108.5m$67.7m$43.0m−$7.4m−$37.7m$34.1m−$23.8m
Capital spending−$18.1m−$18.1m−$27.9m−$24.6m−$40.6m−$6.8m−$10.9m−$12.7m−$24.3m−$11.5m
Free cash flow$45.7m$45.7m$33.7m$83.9m$27.1m$36.2m−$18.3m−$50.4m$9.9m−$35.3m
Dividends paid————−$5.6m−$556,000————

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$193.5m$158.3m$165.0m$165.9m$166.1m$167.3m$182.1m$184.8m
Gross profit$74.8m$55.1m$61.3m$66.9m$68.7m$68.5m$74.0m$79.2m
Operating income$11.9m$1.2m−$1.5m$10.7m$12.4m$14.1m$3.9m$24.3m
Net income$11.9m−$324,000$1.1m$10.6m$11.7m$11.9m$15.0m$22.0m
Diluted earnings per share0.18-0.000.020.170.190.200.250.36
Cash from operations$51.0m$7.0m$24.0m$15.0m$9.0m$19.0m$28.0m$17.0m
Capital spending−$3.0m−$5.0m−$3.0m−$2.0m−$3.0m−$6.0m−$5.0m−$3.0m
Free cash flow$48.0m$2.0m$21.0m$13.0m$6.0m$13.0m$23.0m$14.0m
Total assets$1.41bn$1.35bn$1.33bn$1.29bn$1.27bn$1.28bn$1.25bn$1.27bn
Cash and short-term investments$429.4m$383.3m$390.2m$369.4m$354.8m$353.3m$344.3m$320.8m
Debt—$230.4m$230.2m$229.8m$229.4m$253.8m$280.0m$279.5m
Shareholders' equity$902.8m$883.7m$885.5m$876.0m$856.2m$811.9m$770.8m$746.5m

Financial ratios

Data as of 30 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin40.0%42.4%42.8%40.7%41.5%42.8%
Operating margin7.3%11.1%-2.5%9.7%9.3%3.6%
Net margin5.3%10.3%-4.6%25.8%4.5%-1.8%
Return on equity4.0%9.6%-4.5%28.9%5.9%-2.1%
Return on assets2.7%5.9%-2.5%14.8%2.9%-0.9%
Free cash flow yield3.2%3.2%3.5%4.7%4.6%2.4%
Revenue growth-7.4%7.6%3.1%10.8%28.4%8.3%
Earnings growth-52.0%-342.7%-118.2%541.1%-410.3%-89.3%
Current ratio4.75x3.98x3.24x2.59x2.90x4.00x
Debt to equity0.26x0.36x0.41x0.48x0.53x0.80x
Equity ratio66.8%61.6%54.7%51.2%48.7%45.5%
Interest coverage5.31x7.23x-1.41x5.43x1.91x0.66x
R&D as a share of sales18.0%17.4%16.9%16.0%15.2%17.4%
Buybacks as a share of market value-0.2%-1.1%8.9%-19.6%-13.6%-1.7%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue0.9%7.9%3.4%
Operating income-16.0%9.6%—
Net income-40.4%——

Average margins

Over each period

1 year3 years5 years10 years
Gross margin41.2%41.5%41.6%40.1%
Operating margin7.4%8.6%8.4%-6.1%
Net margin7.9%9.1%7.1%-7.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings48.922.0-61.17.360.1-100.0-8.9-0.8-15.6-9.4
Price to sales2.62.32.81.92.71.91.70.61.43.4

Market value over time

30 Nov 2016 to 29 Oct 2026, in USD

$1.04bn$2.86bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return4%-11%66%-27%39%27%105%-50%-51%45%

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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