VECO
Veeco Instruments Inc.
NASDAQ · Technology · Semiconductors · US
$44.10
+3.65%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 682.7M | 664.3M | 717.3M | 666.4M | 646.1M |
| Cost of Revenue | 424.6M | 398.9M | 413.3M | 381.4M | 383.0M |
| Gross Profit | 258.2M | 265.4M | 304.0M | 285.1M | 263.1M |
| Operating Expenses | |||||
| R&D Expense | 122.8M | 119.6M | 124.5M | 112.9M | 103.6M |
| SG&A Expense | 74.0M | 98.9M | 99.7M | 92.8M | 89.0M |
| General & Admin Expense | — | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 39.1M | 11.2M | 12.9M | 9.5M | 10.3M |
| Total Operating Expenses | 235.9M | 229.7M | 237.0M | 215.1M | 202.9M |
| Cost and Expenses | 660.4M | 628.6M | 650.3M | 596.5M | 585.8M |
| Operating Income (EBIT) | 22.3M | 35.7M | 67.0M | 69.9M | 60.3M |
| Non-Operating | |||||
| Interest Income | 13.5M | 13.5M | 12.9M | 10.6M | 2.2M |
| Interest Expense | 8.6M | 9.1M | 11.0M | 11.8M | 11.5M |
| Net Interest Income | 4.9M | 4.3M | 1.9M | (1.2M) | (9.3M) |
| Other Non-Op Income/Expense | 1.0M | 3.7M | 1.9M | (98.3M) | (9.3M) |
| Non-Operating Income (excl Interest) | (6.3M) | (12.8M) | (12.9M) | 86.5M | (2.2M) |
| EBT (Pre-Tax Income) | 23.3M | 39.4M | 68.8M | (28.3M) | 51.0M |
| Income Tax Expense | 79.0K | 4.0M | (4.9M) | 2.0M | (116.0M) |
| Bottom Line | |||||
| Net Income | 23.2M | 35.4M | 73.7M | (30.4M) | 166.9M |
| Earnings from Cont. Ops | 23.2M | 35.4M | 73.7M | (30.4M) | 166.9M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 23.2M | 35.4M | 75.8M | (30.4M) | 177.8M |
| Per Share | |||||
| Basic EPS | $0.38 | $0.60 | $1.31 | ($0.56) | $3.35 |
| Diluted EPS | $0.36 | $0.59 | $1.23 | ($0.56) | $2.71 |
| Revenue Per Share | $11.18 | $11.20 | $12.71 | $12.39 | $12.95 |
| Shares | |||||
| Basic Shares Outstanding | 61.1M | 59.3M | 56.4M | 53.8M | 49.9M |
| Diluted Shares Outstanding | 66.8M | 60.6M | 61.6M | 53.8M | 65.6M |
| Profitability Metrics | |||||
| EBITDA | 53.5M | 51.7M | 105.0M | 8.4M | 88.1M |
| D&A | 24.9M | 3.1M | 25.1M | 25.0M | 25.6M |
| EBIT | 28.6M | 48.5M | 79.9M | (16.6M) | 62.5M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026