Veeco Instruments Inc. (VECO) — Financial statements
Income statement, balance sheet, and cash flow for Veeco Instruments Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 664↓7.4% | 717↑7.6% | 666↑3.1% | 646↑10.8% | 583 | |
| Cost of Revenue | 399↓3.5% | 413↑8.4% | 381↓0.4% | 383↑12.3% | 341 | |
| Gross Profit | 265↓12.7% | 304↑6.6% | 285↑8.3% | 263↑8.6% | 242 | |
| Operating Expenses | ||||||
| R&D Expenses | 120↓3.9% | 125↑10.3% | 113↑9.0% | 104↑16.8% | 89 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 99↓0.8% | 100↑7.4% | 93↑4.3% | 89↑5.2% | 85 | |
| Other Expenses | 11↓13.2% | 13↑35.2% | 10↓8.0% | 10↓16.3% | 12 | |
| Operating Expenses | 230↓3.1% | 237↑10.2% | 215↑6.0% | 203↑9.3% | 186 | |
| Total Costs & Expenses | 629↓3.3% | 650↑9.0% | 596↑1.8% | 586↑11.3% | 527 | |
| Operating Results | ||||||
| Operating Income | 36↓46.7% | 67↓4.2% | 70↑16.0% | 60↑6.3% | 57 | |
| Depreciation & Amortization | 3↓87.5% | 25↑0.7% | 25↓2.6% | 26↓1.6% | 26 | |
| EBITDA | 52↓50.8% | 105↑1150.6% | 8↓90.5% | 88↑6.5% | 83 | |
| EBIT | 49↓39.3% | 80↑582.1% | -17↓126.5% | 62↑10.2% | 57 | |
| Interest & Other Income | ||||||
| Net Interest Income | 4↑133.8% | 2↑256.1% | -1↑87.3% | -9↑64.2% | -26 | |
| Interest Income | 13↑4.4% | 13↑21.9% | 11↑381.3% | 2↓6.0% | 2 | |
| Interest Expense | 9↓17.3% | 11↓6.2% | 12↑2.3% | 12↓59.4% | 28 | |
| Non-Operating Income | -13↑0.6% | -13↓114.9% | 87↑4034.0% | -2 | 0.00 | |
| Other Income / Expenses | 4↑98.6% | 2↑101.9% | -98↓955.5% | -9↑70.0% | -31 | |
| Income Before Tax | 39↓42.8% | 69↑342.9% | -28↓155.6% | 51↑98.5% | 26 | |
| Income Tax Expense | 4↑181.9% | -5↓340.4% | 2↑101.8% | -116↓32290.2% | -0.36 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 35↓52.0% | 74↑342.7% | -30↓118.2% | 167↑541.1% | 26 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 35↓52.0% | 74↑342.7% | -30↓118.2% | 167↑541.1% | 26 | |
| Bottom-Line Net Income | 35↓53.3% | 76↑349.5% | -30↓117.1% | 178↑582.7% | 26 | |
| EPS (Basic) | 0.60↓54.2% | 1.31↑333.9% | -0.56↓116.7% | 3.35↑532.1% | 0.53 | |
| EPS (Diluted) | 0.59↓52.0% | 1.23↑319.6% | -0.56↓120.7% | 2.71↑453.1% | 0.49 | |
| Weighted Average Shares | 59↑5.1% | 56↑4.9% | 54↑7.7% | 50↑1.7% | 49 | |
| Weighted Average Diluted Shares | 61↓1.6% | 62↑14.6% | 54↓18.0% | 66↑22.3% | 54 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.