Veeco Instruments (VECO)
Builds deposition, annealing, etch, and lithography tools for semiconductor fabrication and packaging.
$44.35
vs last close+0.13 (+0.28%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 177 | 174 | 174 | 176 | 185 | 182 | 167 | 166 | 166 | 165 | 158 | 193 |
| Cost of revenue | 100 | 95 | 99 | 100 | 106 | 108 | 99 | 97 | 99 | 104 | 103 | 119 |
| Gross profit | 77 | 79 | 75 | 75 | 79 | 74 | 68 | 69 | 67 | 61 | 55 | 75 |
| 55 | 54 | 53 | 59 | 55 | 70 | 54 | 56 | 56 | 63 | 54 | 63 | |
| Research & development | 29 | 29 | 30 | 32 | 32 | 31 | 29 | 32 | 29 | 31 | 30 | 33 |
| Selling, general & administrative | 23 | 23 | 25 | 25 | 25 | 25 | 25 | 24 | 27 | 23 | 24 | 0 |
| Other expenses | 3 | 2 | −1 | 2 | −3 | 14 | 1 | 1 | 0 | 10 | 0 | 30 |
| Operating income | 22 | 24 | 22 | 17 | 24 | 4 | 14 | 12 | 11 | −1 | 1 | 12 |
| 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | −3 | 1 | |
| Interest income | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Interest expense | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 |
| Other non-operating income | −3 | −3 | −3 | −3 | −3 | −3 | −3 | −3 | −3 | −4 | 1 | 0 |
| Income before tax | 23 | 24 | 23 | 17 | 25 | 4 | 15 | 13 | 12 | 0 | −1 | 13 |
| Income tax expense | −2 | 3 | 1 | 2 | 3 | −11 | 3 | 1 | 1 | −1 | −1 | 1 |
| Net income from continuing operations | 25 | 22 | 22 | 15 | 22 | 15 | 12 | 12 | 11 | 1 | 0 | 12 |
| Net income | 25 | 22 | 22 | 15 | 22 | 15 | 12 | 12 | 11 | 1 | 0 | 12 |
| EPS, basic | $0.44 | $0.39 | $0.39 | $0.27 | $0.40 | $0.27 | $0.21 | $0.20 | $0.18 | $0.02 | −$0.01 | $0.19 |
| EPS, diluted | $0.42 | $0.36 | $0.37 | $0.25 | $0.36 | $0.26 | $0.20 | $0.20 | $0.17 | $0.02 | −$0.01 | $0.18 |
| Weighted average shares, basic | 55 | 56 | 56 | 56 | 56 | 56 | 58 | 59 | 60 | 59 | 60 | 61 |
| Weighted average shares, diluted | 60 | 60 | 61 | 63 | 63 | 60 | 60 | 60 | 61 | 61 | 60 | 67 |
| EBITDA | 32 | 34 | 32 | 26 | 34 | 13 | 23 | 20 | 19 | 12 | 6 | 17 |
| Depreciation & amortization | 6 | 6 | 6 | 7 | 6 | 6 | 5 | 5 | 5 | 10 | 5 | 5 |
| EBIT | 25 | 27 | 25 | 20 | 28 | 7 | 17 | 15 | 14 | 2 | 1 | 12 |