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Veeco Instruments VECO US — PP&E (Net)

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CN
$270K+48.4%

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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:PropertyPlantAndEquipmentNet.

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 itemNet Sales to Unaffiliated Customers / 2025Net Sales to Unaffiliated Customers / 2024Net Sales to Unaffiliated Customers / 2023Long-lived Tangible Assets / 2025Long-lived Tangible Assets / 2024Long-lived Tangible Assets / 2023
United States$101,387$164,564$162,790$108,041$112,966$117,594
EMEA(1)50,79461,73076,69736154219
China181,812255,619217,942223270182
Rest of APAC330,183234,591208,693346399464
Rest of World118797313
Total$664,294$717,301$666,435$108,646$113,789$118,459

Item 15. Exhibits, Financial Statement Schedules

FAQ

What is Veeco Instruments's US — PP&E (net)?
Veeco Instruments (VECO) reported US — PP&E (net) of $108.04M in Q4 2025.
How has Veeco Instruments's US — PP&E (net) changed year-over-year?
Veeco Instruments's US — PP&E (net) decreased by 4.4% year-over-year, from $112.97M to $108.04M.
What does US — PP&E (net) mean?
This metric reflects the net book value of tangible assets, such as manufacturing facilities, machinery, and equipment, located within the United States after accounting for accumulated depreciation. It provides insight into the scale of the company's domestic production capacity and the capital intensity required to support its thin-film process equipment manufacturing. Tracking this balance helps analysts evaluate the company's investment in domestic infrastructure and the efficiency of its asset base over time.

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