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

36.81 3.56 +10.71%
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

Veeco Instruments Inc. (VECO) Net margin

Alert me on Net margin

Veeco Instruments Inc.'s net margin over the twelve months to 30 September 2026 was 0.00%, down 5.3 percentage points from fiscal 2025 (5.33%). Over the past ten years it has ranged from −75.1% (fiscal 2018) to 25.8% (fiscal 2022); the current reading is higher than 82% of that period. That is below the Semiconductor Equipment & Materials industry median of 10.2% and in line with the Technology sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 5.33% (4.95)
FY2024 10.3% 14.84
FY2023 −4.56% (30.40)
FY2022 25.8% 21.38
FY2021 4.46% 6.31
FY2020 −1.85% 16.93
FY2019 −18.8% 56.32
FY2018 −75.1% (64.30)
FY2017 −10.8% 25.99
FY2016 −36.8% (30.09)

Quarterly newest first

Period Net margin Change (points)
Sep 2026 0.00% (6.13)
Jun 2026 6.13% 6.33
Mar 2026 −0.20% (0.65)
Dec 2025 0.45% (5.94)
43 more quarters

Against its own ten years

Low −75.1% High 25.8%
Ten-year median −4.56%
Current reading's percentile 82

Net margin against peers

Company Net margin
PLAB Photronics, Inc. compare 19.0%
ACMR ACM Research, Inc. compare 14.5%
ACLS Axcelis Technologies, Inc. compare 11.8%
IPGP IPG Photonics Corporation compare 3.65%
UCTT Ultra Clean Holdings, Inc. compare 1.09%
VECO Veeco Instruments Inc. 0.00%
COHU Cohu, Inc. compare −3.97%
AMBA Ambarella, Inc. compare −13.5%
AEHR Aehr Test Systems compare −14.3%
Semiconductor Equipment & Materials industry median 10.2%
Technology sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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