The financials
Veeco Instruments Inc. by the numbers
Veeco Instruments Inc. (VECO) reported revenue of $193M in Q2 2026 (quarter ended June 30, 2026), up 16% from the same quarter a year earlier. That came with a gross margin of 39% and net income of $12M (6.1% of revenue). For the full year FY2025, revenue was $664M (−7.4% year on year) and net income $35M. Its largest region in 2026-Q1 was Asia Pacific Excluding China at $90M, 57% of the disclosed total, just ahead of US at 20%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $193M | $166M | +16% |
| Gross profit | $75M | $69M | +8.9% |
| Operating income | $12M | $12M | −4.2% |
| Net income | $12M | $12M | +1.1% |
| Diluted EPS | $0.18 | $0.20 | −10% |
| Geographic | Revenue | Share |
|---|---|---|
| Asia Pacific Excluding China | $90M | 57% |
| US | $32M | 20% |
| CN | $20M | 13% |
| EMEA | $16M | 10.0% |
| Rest Of World | $12K | 0.0% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q1 2026Total $158.3M (-4.5%)
Asia Pacific Excluding China grew +51% year on yearCN -72% year on year
Segment Latestquarter on quarteryear on year
- Asia Pacific Excluding China$90.4M$90.4MQoQ +10%year on year +51%+10%+51%
- US$32.2M$32.2MQoQ +22%year on year +34%+22%+34%
- CN$20.0M$20.0MQoQ -56%year on year -72%-56%-72%
- EMEA$15.8M$15.8MQoQ +36%year on year +28%+36%+28%
- Rest Of World$12.0K$12.0KQoQ -68%year on year -52%-68%-52%
Semiconductor Equipment & Materials
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