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
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Veeco Instruments Inc. (VECO) Gross margin
Veeco Instruments Inc.'s gross margin over the twelve months to 30 September 2026 was 37.4%, down 2.6 percentage points from fiscal 2025 (40.0%). Over the past ten years it has ranged from 35.7% (fiscal 2018) to 42.8% (fiscal 2020); the current reading is higher than 45% of that period. That is below the Semiconductor Equipment & Materials industry median of 46.9% and below the Technology sector median of 46.9%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 40.0% | (2.43) |
| FY2024 | 42.4% | (0.39) |
| FY2023 | 42.8% | 2.04 |
| FY2022 | 40.7% | (0.81) |
| FY2021 | 41.5% | (1.24) |
| FY2020 | 42.8% | 5.06 |
| FY2019 | 37.7% | 1.98 |
| FY2018 | 35.7% | (1.31) |
| FY2017 | 37.1% | (3.08) |
| FY2016 | 40.1% | 2.98 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 38.4% | (0.29) |
| Jun 2026 | 38.7% | 3.42 |
| Mar 2026 | 35.3% | (1.41) |
| Dec 2025 | 36.7% | (4.14) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| AMBA Ambarella, Inc. compare | 58.5% |
| COHU Cohu, Inc. compare | 44.5% |
| ACMR ACM Research, Inc. compare | 43.8% |
| ACLS Axcelis Technologies, Inc. compare | 42.8% |
| IPGP IPG Photonics Corporation compare | 38.7% |
| VECO Veeco Instruments Inc. | 37.4% |
| AEHR Aehr Test Systems compare | 35.3% |
| PLAB Photronics, Inc. compare | 33.7% |
| UCTT Ultra Clean Holdings, Inc. compare | 16.1% |
| Semiconductor Equipment & Materials industry median | 46.9% |
| Technology sector median | 46.9% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on VECO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement