What is Veeco Instruments's market cap?

Veeco Instruments (VECO) has a market capitalization of $2.5B and trades on NASDAQ.

What is Veeco Instruments's revenue and profitability?

Veeco Instruments generated $682.7M in trailing twelve-month revenue with net income of $23.2M, representing a net margin of 3.4%. Gross margin stands at 37.9%, with free cash flow of $85.2M. The latest reported period is Q2 2026.

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) Stock Fundamentals & Financials

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

Market cap

$2.5B+53.0%

Revenue$682.7M-2.5%

Net income$23.2M-61.6%

Free cash flow$85.2M+53.4%

EPS (diluted)$0.36-64.7%

Trailing twelve months · change vs. prior year

Earnings

Q2 2026 report

August 5, 2026

Revenue$193.5MBeat by $13.4M EPS$0.33Beat by $0.07

Read the full report

Next report

Nov 4, 2026 (in 2 months)

Revenue estimate$213.3M

EPS estimate$0.45

Financials

Q2 2026

Income statement

See full

Revenue$193.5M+16.5%

Gross profit$74.8M+8.9%

Operating income$11.9M-4.2%

Net income$11.9M+1.1%

EPS (diluted)$0.18-10.0%

Balance sheet

See full

Cash & equivalents$214.5M+13.5%

Total debt$261.2M-0.6%

Total equity$902.8M+5.4%

Total assets$1.4B+11.0%

Cash flow

See full

Operating cash flow$51.4M+469%

CapEx$3.7M+3.2%

Free cash flow$47.7M+776%

Valuation & ratios

Valuation

See full

Market cap$2.5B+53.0%

Enterprise value$2.55B+51.1%

P/E107.5×+80.9×

P/S3.7×+1.4×

Profitability

See full

Gross margin37.9%-3.5pp

Operating margin2.9%-4.9pp

Net margin3.4%-5.2pp

FCF margin12.5%+4.5pp

Returns & leverage

See full

Return on equity2.6%-5.1pp

Debt / equity0.3×0.0×

Current ratio3.9×-1.2×

Segments

By product

See full

Semiconductor$130.7M+5.5%

Data Storage$22.2M+79.7%

Compound Semiconductor$20.5M+44.6%

Scientific And Other$20.1M+28.0%

By geography

See full

Asia Pacific Excluding China$69.8M-28.9%

EMEA$16.0M-13.7%

Rest Of World$527.0K+1,126%

Competitors

By market cap

Broadcom Inc.$1.62T-4.7%

Lam Research Corp.$338.95B+122%

Applied Materials$334.24B+142%

Entegris$19.8B+41.3%

Advanced Energy Industries$10.0B+68.4%

Diodes$4.2B+63.9%

Axcelis Technologies$3.2B+15.0%

Veeco Instruments$2.5B+55.1%

By revenue growth

Broadcom Inc.+48.7%

Lam Research Corp.+26.0%

Advanced Energy Industries+22.2%

Diodes+17.8%

Applied Materials+7.8%

Entegris-0.3%

Veeco Instruments-2.5%

Axcelis Technologies-3.4%

By net margin

Broadcom Inc.42.94%+11.3pp

Lam Research Corp.31.27%+2.2pp

Applied Materials30.05%+6.2pp

Axcelis Technologies10.71%-7.0pp

Advanced Energy Industries10.0%+5.3pp

Entegris8.18%-1.4pp

Diodes5.27%+0.7pp

Veeco Instruments3.4%-5.3pp

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

FAQ

What is Veeco Instruments's market cap?: Veeco Instruments (VECO) has a market capitalization of $2.5B and trades on NASDAQ.
What is Veeco Instruments's revenue and profitability?: Veeco Instruments generated $682.7M in trailing twelve-month revenue with net income of $23.2M, representing a net margin of 3.4%. Gross margin stands at 37.9%, with free cash flow of $85.2M. The latest reported period is Q2 2026.
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.

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