VECO · XBRL financial data

Veeco Instruments financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (VECO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cost of goods and services sold	260	341	383	381	413	399
Gross profit	194	242	263	285	304	265
Research and development	79	89	104	113	125	120
Selling, general and administrative	76	85	89	93	100	99
Total operating expenses	172	186	203	215	237	230
Other operating income (expense)	0	(0)	(0)	(1)	22	1
Operating income (loss)	23	57	60	70	67	36
Interest income	2	2	2	11	13	13
Interest expense	25	28	12	12	11	9
Other income (expense)	(8)	(5)	—	(97)	—	(1)
Income tax expense (benefit)	(0)	(0)	(116)	2	(5)	4
Net income (loss)	(8)	26	167	(30)	74	35
Earnings per share, basic USD per share	(0.17)	0.53	3.35	(0.56)	1.31	0.60
Earnings per share, diluted USD per share	(0.17)	0.49	2.71	(0.56)	1.23	0.59
Weighted average shares, basic millions of shares	48	49	50	54	56	59
Weighted average shares, diluted millions of shares	48	54	66	54	62	61

Fiscal years (VECO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	130	120	155	159	146	163
Marketable securities	190	104	147	147	199	227
Accounts receivable	80	110	124	103	97	111
Inventory	146	171	207	238	247	275
Prepaid and other current assets	19	26	18	35	39	34
Total current assets	587	549	669	706	765	845
Property and equipment, net	65	100	107	118	114	109
Right-of-use asset	10	29	26	24	27	25
Goodwill	182	182	182	215	215	215
Total assets	898	899	1,128	1,229	1,252	1,326
Accounts payable	34	44	52	42	44	55
Current portion of long-term debt	—	—	20	—	26	—
Total current liabilities	147	189	258	218	192	178
Long-term debt	321	229	254	275	250	226
Lease liability, non-current	6	33	34	32	34	32
Total liabilities	490	461	550	557	481	440
Accumulated deficit	(707)	(681)	(502)	(532)	(458)	(423)
Total stockholders' equity	408	438	578	672	771	886
Total liabilities and equity	898	899	1,128	1,229	1,252	1,326
Common shares outstanding (cover page) millions of shares	50	51	52	56	58	60

Fiscal years (VECO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(8)	26	167	(30)	74	35
Stock-based compensation	13	15	23	29	36	37
Depreciation and amortization	31	26	26	25	25	20
Net cash from operating activities	43	68	108	62	64	69
Purchases of property and equipment	7	41	25	28	18	16
Net cash from investing activities	(72)	45	(69)	(53)	(65)	(41)
Proceeds from issuing equity	3	3	4	—	—	—
Net cash from financing activities	29	(122)	(5)	(5)	(13)	(10)
Net change in cash	0	(10)	35	4	(13)	18

SIC 3559 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3559 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Veeco Instruments	214	not reported	51*	61.1M	—	Q2 FY26 10-QJun 30, 2026
ACM Research	969	293	(6.4)*	not reported	169.0 quarters	Q2 FY26 10-QJun 30, 2026
Azenta	190	161	1.4*	43.8M	—	Q3 FY26 10-QJun 30, 2026
Axcelis Technologies	155	215	18*	30.9M	—	Q2 FY26 10-QJun 30, 2026
Energy Recovery	61	12	16*	51.0M	—	Q2 FY26 10-QJun 30, 2026
Kadant	135	313	54*	11.8M	—	Q2 FY26 10-QJul 4, 2026
Cricut	267	156	50*	209.4M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.