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. In the quarter to June 2026, revenue grew 16.5%, EPS fell 5.00%, free cash flow grew 776.2% and total debt was flat, each against the same quarter a year earlier.
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Veeco Instruments Inc. (VECO) P/E ratio
As of 16 October 2026, Veeco Instruments Inc. (VECO) trades at a P/E ratio of 113×. Over the past ten years it has ranged from 0.0× (June 2024) to 213× (June 2026); the current reading is higher than 94% of that period. That is above the Semiconductor Equipment & Materials industry median of 45.0× and above the Technology sector median of 28.2×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 47.2× | 130.91% |
| FY2024 | 20.5× | — |
| FY2023 | 0.0× | — |
| FY2022 | 5.5× | (89.72%) |
| FY2021 | 53.7× | — |
| FY2020 | 0.0× | — |
| FY2019 | 0.0× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 200× | 129.76% |
| Mar 2026 | 86.9× | 83.98% |
| Dec 2025 | 47.2× | 31.95% |
| Sep 2025 | 35.8× | 86.75% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| AMBA Ambarella, Inc. compare | n/m |
| UCTT Ultra Clean Holdings, Inc. compare | n/m |
| AEHR Aehr Test Systems compare | n/m |
| COHU Cohu, Inc. compare | n/m |
| ACMR ACM Research, Inc. compare | 23.6× |
| ACLS Axcelis Technologies, Inc. compare | 36.1× |
| IPGP IPG Photonics Corporation compare | 108× |
| VECO Veeco Instruments Inc. | 113× |
| AXTI AXT Inc compare | 1,716× |
| Semiconductor Equipment & Materials industry median | 45.0× |
| Technology sector median | 28.2× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)