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Veeco Instruments VECO Operating Income

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Other financials

Income statement

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Revenue$193.5M+16.5%
Gross profit$74.8M+8.9%
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$3.23B+171%
Enterprise value$3.28B+159%
P/E139.1×+119×
P/S4.7×+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:OperatingIncomeLoss.

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
Merger costs1,4643,476
Other operating expense (income), net(64)49(186)5
Total operating expenses, net62,97956,357121,465110,676
Operating income11,85312,3709,19526,518
Interest income3,3333,1956,6096,537
Interest expense(2,162)(2,290)(4,263)(4,796)
Other income (expense), net(653)(653)
Income before income taxes13,02412,62211,54127,606

Item 1. Financial Statements

FAQ

What is Veeco Instruments's operating income?
Veeco Instruments (VECO) reported operating income of $11.85M in Q2 2026.
How has Veeco Instruments's operating income changed year-over-year?
Veeco Instruments's operating income decreased by 4.2% year-over-year, from $12.37M to $11.85M.
What is the long-term trend for Veeco Instruments's operating income?
Over 4 years (2021 to 2025), Veeco Instruments's operating income has grown at a -10.1% compound annual growth rate (CAGR), from $56.71M to $37.07M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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