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Veeco Instruments VECO Accounts Receivable, Credit Loss Expense (Reversal)

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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$3.02B+110%
Enterprise value$3.06B+103%
P/E129.8×+106×
P/S4.4×+2.4×

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:ProvisionForDoubtfulAccounts.

The source filing: Veeco Instruments’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 4:31 PM EST
Fiscal year
FY2025
Accession
0001104659-26-019711
Line itemFor the year ended December 31, 2025For the year ended December 31, 2024For the year ended December 31, 2023
Loss on extinguishment of debt97,091
Asset impairment28,131
Impairment of equity investments404
Provision for bad debts316
Changes in contingent consideration(925)(21,242)701
Changes in operating assets and liabilities:
Accounts receivable and contract assets(11,591)(6,555)13,271
Inventories(28,563)(8,307)(35,158)

Item 15. Exhibits, Financial Statement Schedules

FAQ

What is Veeco Instruments's accounts receivable, credit loss expense (reversal)?
Veeco Instruments (VECO) reported accounts receivable, credit loss expense (reversal) of $79K in Q4 2023.
What does accounts receivable, credit loss expense (reversal) mean?
Accounts Receivable, Credit Loss Expense (Reversal)

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