What are Veeco Instruments's profit margins?

Veeco Instruments (VECO) runs a 38.6% gross margin and a 3.1% operating margin, with a 3.5% net margin.

Where do Veeco Instruments's ratios come from?

Every ratio is computed from Veeco Instruments's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Veeco Instruments VECO Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	38.6%-3.3pp	40%-2.4pp	40.9%-2.6pp	41.5%-2.2pp	41.8%-1.6pp
Operating margin	3.1%-5.2pp	5.6%-3.8pp	6%-6.3pp	7.8%-4.3pp	8.3%-3.6pp
Net margin	3.5%—	5.3%—	7.2%—	——	——
EBITDA margin	6.1%-5.5pp	8.6%-4.2pp	9.1%-6.8pp	11%-4.8pp	11.7%-3.9pp
Free cash flow margin	6.5%-1.3pp	8%+1.7pp	8%+2.2pp	7.9%+3.9pp	7.8%+3.4pp
Returns
Return on equity	2.7%—	4.3%—	6.1%—	——	——
Return on assets	1.8%—	2.7%—	3.8%—	——	——
Return on invested capital	2.1%-4.6pp	3.9%-3.7pp	4.4%-5.8pp	6.1%-4.5pp	6.8%-3.8pp
Efficiency
Asset turnover	0.5×-0.1×	0.5×-0.1×	0.5×0.0×	0.6×0.0×	0.6×0.0×
Inventory turnover	1.5×-0.2×	1.5×-0.2×	1.6×0.0×	1.6×0.0×	1.7×0.0×
Liquidity
Current ratio	4.2×-0.2×	4.7×+0.8×	5.4×+1.8×	5.1×+1.6×	4.4×+1.4×
Quick ratio	2.9×-0.2×	3.2×+0.5×	3.6×+1.2×	3.4×+1.1×	3×+1.0×
Cash ratio	0.9×-0.1×	0.9×+0.2×	1.3×+0.5×	1.2×+0.4×	1×+0.2×
Leverage
Debt-to-equity	0.3×-0.1×	0.3×-0.1×	0.3×-0.1×	0.3×-0.1×	0.4×-0.1×
Debt-to-assets	0.2×0.0×	0.2×-0.1×	0.2×0.0×	0.2×0.0×	0.2×0.0×
Net debt / EBITDA	2×+0.7×	1.7×-0.1×	1.1×-0.2×	1×-0.3×	1.4×+0.1×
Interest coverage	2.3×-3.1×	4.1×-2.0×	4.2×-3.5×	5.2×-2.4×	5.4×-1.7×
Per Share
Book value per share	$14.63+8.5%	$14.61+16.8%	$14.37+20.6%	$14.21+24.3%	$13.48+19.1%
Valuation
Market capitalization	$2.04B+75.8%	$1.72B+13.0%	$1.83B-1.8%	$1.21B-53.7%	$1.16B-40.9%
Enterprise value	$2.13B+66.7%	$1.82B+7.6%	$1.9B-5.7%	$1.28B-53.3%	$1.28B-39.4%
Price / earnings	88.4×—	48.6×—	37.2×—	——	——
Price / sales	3.1×+1.5×	2.6×+0.5×	2.7×+0.1×	1.7×-2.0×	1.6×-1.2×
Price / book	2.3×+0.9×	1.9×0.0×	2.1×-0.4×	1.4×-2.2×	1.4×-1.4×
EV / EBITDA	52.8×+37.4×	31.8×+13.5×	30.7×+12.8×	16.7×-8.2×	15.4×-4.2×
EV / sales	3.2×+1.4×	2.7×+0.4×	2.8×-0.1×	1.8×-2.1×	1.8×-1.3×
Free cash flow yield	2.1%-2.7pp	3.1%+0.1pp	3%+0.8pp	4.6%+3.5pp	4.8%+3.2pp
Earnings yield	1.1%—	2.1%—	2.7%—	——	——

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Questions, answered.

What are Veeco Instruments's profit margins?: Veeco Instruments (VECO) runs a 38.6% gross margin and a 3.1% operating margin, with a 3.5% net margin.
Where do Veeco Instruments's ratios come from?: Every ratio is computed from Veeco Instruments's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.