What is Veeco Instruments's market cap?

Veeco Instruments (VECO) has a market capitalization of $3.0B and trades on NASDAQ.

What is Veeco Instruments's revenue and profitability?

Veeco Instruments generated $655.3M in trailing twelve-month revenue with net income of $23.1M, representing a net margin of 3.5%. Gross margin stands at 38.6%, with free cash flow of $42.9M. These figures are based on the Q1 2026 filing.

Who are Veeco Instruments's competitors?

Veeco Instruments's key competitors include Applied Materials, Lam Research, Entegris Inc, and others. These companies compete in similar markets and product categories.

Who does Veeco Instruments partner with?

Veeco Instruments's notable partners include Axcelis Technologies, Inc..

What subsidiaries does Veeco Instruments have?

Veeco Instruments's subsidiaries include Epiluvac AB.

Where is Veeco Instruments headquartered?

Veeco Instruments is headquartered in United States of America and employs approximately 1,215 people. It has been publicly traded since 1994.

Veeco Instruments

VECO

Veeco Instruments Inc. is a global manufacturer of advanced semiconductor process equipment used to solve complex materials engineering challenges.

Market cap

$2.96B+133%

Revenue$655.3M-7.7%

Net income$23.1M-63.8%

Free cash flow$42.9M-22.8%

EPS (diluted)$0.38-64.5%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 5, 2026

Revenue$158.3MMiss by $1.7M EPS$0.14Miss by $0.06

Read the full report

Next report

Aug 5, 2026 (In 1 week)

Revenue estimate$180.1M

EPS estimate$0.26

Financials

Q1 2026

Income statement

See full

Revenue$158.3M-5.4%

Gross profit$55.8M-18.5%

Operating income-$2.7M-119%

Net income-$324.0K-103%

EPS (diluted)-$0.01-105%

Balance sheet

See full

Cash & equivalents$179.5M+2.7%

Total debt$261.5M-9.0%

Total equity$883.7M+8.8%

Total assets$1.4B+5.8%

Cash flow

See full

Operating cash flow$7.9M-60.3%

CapEx$5.1M-24.5%

Free cash flow$2.8M-78.6%

Valuation & ratios

Valuation

See full

Market cap$2.96B+133%

Enterprise value$3.04B+127%

P/E128×+107×

P/S4.5×+2.7×

Profitability

See full

Gross margin38.6%-3.3pp

Operating margin3.1%-5.2pp

Net margin3.5%-5.5pp

FCF margin6.5%-1.3pp

Returns & leverage

See full

Return on equity2.7%-5.8pp

Debt / equity0.3×-0.1×

Current ratio4.2×-0.2×

Segments

By product

See full

Semiconductor$109.0M-11.9%

Scientific And Other$20.3M-9.3%

Compound Semiconductor$18.8M+30.6%

Data Storage$10.2M+52.3%

By geography

See full

Asia Pacific Excluding China$90.4M+50.7%

EMEA$15.8M+27.9%

Rest Of World$12.0K-52.0%

Competitors

By market cap

Broadcom Inc.$1.82T+31.7%

Applied Materials$410.39B+169%

Lam Research$364.68B+189%

KLA Corporation$265.64B+118%

Entegris$19.2B+38.2%

Advanced Energy Industries$11.7B+119%

Diodes$3.9B+64.0%

Veeco Instruments$3.0B+134%

By revenue growth

Broadcom Inc.+32.3%

Lam Research+26.5%

Advanced Energy Industries+22.2%

Diodes+16.0%

KLA Corporation+11.7%

Applied Materials+3.3%

Entegris-0.3%

Veeco Instruments-7.7%

By net margin

Broadcom Inc.38.85%+16.2pp

KLA Corporation35.57%+2.2pp

Lam Research30.94%+3.8pp

Applied Materials29.31%+5.3pp

Advanced Energy Industries10.0%+5.3pp

Entegris8.18%-1.4pp

Diodes5.5%+3.6pp

Veeco Instruments3.53%-5.5pp

Profile

Veeco Instruments Inc. is a global manufacturer of advanced semiconductor process equipment used to solve complex materials engineering challenges. The company provides high-volume manufacturing solutions including ion beam, laser annealing, and chemical vapor deposition technologies essential for fabricating AI chips, 5G components, and data storage devices. Its core value proposition centers on combining deep applications expertise with systems engineering to deliver a competitive cost of ownership for the semiconductor and photonics industries.

Competitive position

A leading provider of specialized ion beam and laser annealing technologies with a significant global footprint in advanced node semiconductor manufacturing.

GeographiesNorth America, Asia-Pacific, Europe

Customer segmentsSemiconductor Foundries, Integrated Device Manufacturers, Research and Academic Institutions

Business modelHardware manufacturing, Aftermarket service and parts, Equipment leasing and maintenance

SuppliersPrecision component suppliers, Outsourced manufacturing partners, Raw material providers (neon, palladium, rare earth minerals), Software and control system developers

CustomersSemiconductor foundries, Consumer electronics manufacturers, Automotive semiconductor suppliers, Data center operators

CountryUnited States of America

Listed1994

Employees1.2K

CEOWilliam John Miller

SectorTechnology

IndustrySemiconductors

Websiteveeco.com

FilingsSEC EDGAR

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Questions, answered.

What is Veeco Instruments's market cap?: Veeco Instruments (VECO) has a market capitalization of $3.0B and trades on NASDAQ.
What is Veeco Instruments's revenue and profitability?: Veeco Instruments generated $655.3M in trailing twelve-month revenue with net income of $23.1M, representing a net margin of 3.5%. Gross margin stands at 38.6%, with free cash flow of $42.9M. These figures are based on the Q1 2026 filing.
Who are Veeco Instruments's competitors?: Veeco Instruments's key competitors include Applied Materials, Lam Research, Entegris Inc, and others. These companies compete in similar markets and product categories.
Who does Veeco Instruments partner with?: Veeco Instruments's notable partners include Axcelis Technologies, Inc..
What subsidiaries does Veeco Instruments have?: Veeco Instruments's subsidiaries include Epiluvac AB.
Where is Veeco Instruments headquartered?: Veeco Instruments is headquartered in United States of America and employs approximately 1,215 people. It has been publicly traded since 1994.