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Other financials

Income statement

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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

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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

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Operating cash flow$51.4M+469%
CapEx$3.7M+3.2%
Free cash flow$47.7M+776%

Valuation

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Market cap$3.15B+171%
Enterprise value$3.2B+159%
P/E135.7×+117×
P/S4.6×+3.0×

Profitability

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Gross margin37.9%-3.5pp
Operating margin2.9%-4.9pp
Net margin3.4%-5.2pp
FCF margin12.5%+4.5pp

Returns & leverage

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Return on equity2.6%-5.1pp
Debt / equity0.3×0.0×
Current ratio3.9×-1.2×

Where this comes from

Reported directly by Veeco Instruments in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The source filing: Veeco Instruments’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:30 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091158
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Interest expense(2,162)(2,290)(4,263)(4,796)
Other income (expense), net(653)(653)
Income before income taxes13,02412,62211,54127,606
Income tax expense (benefit)1,16788983,926
Net income$11,857$11,733$11,533$23,680
Income per common share:
Basic$0.19$0.20$0.19$0.41
Diluted$0.18$0.20$0.18$0.40

Item 1. Financial Statements

FAQ

What is Veeco Instruments's income tax?
Veeco Instruments (VECO) reported income tax of $1.17M in Q2 2026.
How has Veeco Instruments's income tax changed year-over-year?
Veeco Instruments's income tax increased by 31.3% year-over-year, from $889K to $1.17M.
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.

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