What is Veeco Instruments's income tax?

Veeco Instruments (VECO) reported income tax of -$1.16M in Q1 2026.

How has Veeco Instruments's income tax changed year-over-year?

Veeco Instruments's income tax decreased by 138.2% year-over-year, from $3.04M to -$1.16M.

What is the long-term trend for Veeco Instruments's income tax?

Over 3 years (2021 to 2024), Veeco Instruments's income tax has grown at a 138.7% compound annual growth rate (CAGR), from -$359K to -$4.88M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Veeco Instruments VECO Income Tax

Income Tax at other companies

Applied MaterialsAMAT

$419M+126%

Lam ResearchLRCX

$186.1M-9.7%

Axcelis TechnologiesACLS

$1.41M-68.7%

EntegrisENTG

$1M-87.8%

DiodesDIOD

$4M+19,900%

Advanced Energy IndustriesAEIS

$2.7M-46.0%

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%

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:IncomeTaxExpenseBenefit.

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 income tax?: Veeco Instruments (VECO) reported income tax of -$1.16M in Q1 2026.
How has Veeco Instruments's income tax changed year-over-year?: Veeco Instruments's income tax decreased by 138.2% year-over-year, from $3.04M to -$1.16M.
What is the long-term trend for Veeco Instruments's income tax?: Over 3 years (2021 to 2024), Veeco Instruments's income tax has grown at a 138.7% compound annual growth rate (CAGR), from -$359K to -$4.88M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.