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

36.79 3.54 +10.65%
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) Revenue growth

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Veeco Instruments Inc.'s revenue growth over the twelve months to 30 September 2026 was 6.58%, up 14.0 percentage points from fiscal 2025 (−7.39%). Over the past ten years it has ranged from −30.5% (fiscal 2016) to 43.4% (fiscal 2017); the current reading is higher than 27% of that period. That is below the Semiconductor Equipment & Materials industry median of 15.8% and below the Technology sector median of 11.8%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 −7.39% (15.02)
FY2024 7.63% 4.49
FY2023 3.14% (7.64)
FY2022 10.8% (17.65)
FY2021 28.4% 20.13
FY2020 8.30% 30.94
FY2019 −22.6% (36.60)
FY2018 14.0% (29.45)
FY2017 43.4% 73.88
FY2016 −30.5% (51.89)

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 26.2% 9.75
Jun 2026 16.5% 21.83
Mar 2026 −5.35% 4.05
Dec 2025 −9.40% 0.84
43 more quarters

Against its own ten years

Low −30.5% High 43.4%
Ten-year median 8.30%
Current reading's percentile 27

Revenue growth against peers

Company Revenue growth
COHU Cohu, Inc. compare 34.0%
ACMR ACM Research, Inc. compare 27.3%
AMBA Ambarella, Inc. compare 20.0%
UCTT Ultra Clean Holdings, Inc. compare 15.8%
IPGP IPG Photonics Corporation compare 14.8%
VECO Veeco Instruments Inc. 6.58%
ACLS Axcelis Technologies, Inc. compare 4.35%
PLAB Photronics, Inc. compare 1.25%
AEHR Aehr Test Systems compare −15.2%
Semiconductor Equipment & Materials industry median 15.8%
Technology sector median 11.8%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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