What is Veeco Instruments's change in income taxes?

Veeco Instruments (VECO) reported change in income taxes of -$1.27M in Q1 2026.

How has Veeco Instruments's change in income taxes changed year-over-year?

Veeco Instruments's change in income taxes decreased by 151.3% year-over-year, from $2.48M to -$1.27M.

What is the long-term trend for Veeco Instruments's change in income taxes?

Over 2 years (2021 to 2025), Veeco Instruments's change in income taxes has grown at a 128.3% compound annual growth rate (CAGR), from $947K to $4.94M.

What does change in income taxes mean?

Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.

Veeco Instruments VECO Change in Income Taxes

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Other financials

Income statement

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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

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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

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Operating cash flow$7.9M-60.3%

CapEx$5.1M-24.5%

Free cash flow$2.8M-78.6%

Valuation

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Market cap$4.86B+75.8%

Enterprise value$4.94B+66.7%

P/E210.3×+167×

P/S7.4×+3.5×

Profitability

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Gross margin38.6%-3.3pp

Operating margin3.1%-5.2pp

Net margin3.5%-5.5pp

FCF margin6.5%-1.3pp

Returns & leverage

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Return on equity2.7%-5.8pp

Debt / equity0.3×-0.1×

Current ratio4.2×-0.2×

Where this comes from

Reported directly by Veeco Instruments in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable.

The official record: Veeco Instruments’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Veeco Instruments's change in income taxes?: Veeco Instruments (VECO) reported change in income taxes of -$1.27M in Q1 2026.
How has Veeco Instruments's change in income taxes changed year-over-year?: Veeco Instruments's change in income taxes decreased by 151.3% year-over-year, from $2.48M to -$1.27M.
What is the long-term trend for Veeco Instruments's change in income taxes?: Over 2 years (2021 to 2025), Veeco Instruments's change in income taxes has grown at a 128.3% compound annual growth rate (CAGR), from $947K to $4.94M.
What does change in income taxes mean?: Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.