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Friday 6 November 2026 Export VECO’s income statement to Excel — free account

Veeco Instruments Inc.

VECO Technology Semiconductor Equipment & Materials

Veeco Instruments Inc.’s revenue for fiscal 2025 (year ended December 2025) was $664.3 million, down 7.39% from fiscal 2024.

Revenue
+26.2%
EPS
+22.2%
Free cash flow
+313.7%
Total debt
+0.49%

Quarter to September 2026, against a year earlier

36.64 3.39 +10.20%
Market cap
$2.0B
P/E
80.7×
Fwd P/E
43.4×
Dividend yield
—
F-score
5/9
Altman Z
3.06
Beneish M
−2.39
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Veeco Instruments Inc. (VECO) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, Veeco Instruments Inc. (VECO) trades at a EV/FCF of 14.6×. Over the past ten years it has ranged from −320× (October 2017) to 275× (June 2020); the current reading is higher than 40% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 29.2× (3.41%)
FY2024 30.2× (36.81%)
FY2023 47.9× 349.89%
FY2022 10.6× (79.49%)
FY2021 51.9× 122.43%
FY2020 23.3× —
FY2019 −41.4× —
FY2018 −7.5× —
FY2017 61.3× —
FY2016 −23.5× —

Quarterly newest first

Period EV/FCF Change
Sep 2026 23.4× (55.26%)
Jun 2026 52.3× 17.08%
Mar 2026 44.7× 52.83%
Dec 2025 29.2× (6.35%)
43 more quarters

Against its own ten years

Low −320× High 275×
Ten-year median 20.1×
Current reading's percentile 6

EV/FCF against peers

Company EV/FCF
AMBA Ambarella, Inc. compare −378×
AEHR Aehr Test Systems compare −262×
ACMR ACM Research, Inc. compare −13.4×
UCTT Ultra Clean Holdings, Inc. compare −12.5×
PLAB Photronics, Inc. compare 7.6×
VECO Veeco Instruments Inc. 14.6×
COHU Cohu, Inc. compare 26.1×
ACLS Axcelis Technologies, Inc. compare 39.5×
IPGP IPG Photonics Corporation compare 46.6×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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