Inferra AI / Company / VECO
Veeco Instruments Inc
VECO · Industrials
Last earnings Aug 5, 2026
Key results
Revenuequarter
$158.3 million
Revenue of $158.3 million, compared with $167.3 million in the same period last year GAAP net loss of $(0.3) million, or $(0.01) loss per diluted share, compared with
SEC original ↗Veeco Instruments Inc — Earnings release (8-K exhibit)EX-99May 5, 2026
Net incomequarter
$11.9 million
net income of $11.9 million, or $0.20 earnings per diluted share in the same period last year
SEC original ↗Veeco Instruments Inc — Earnings release (8-K exhibit)EX-99May 5, 2026
Non-GAAP net incomequarter
$8.9 million
Non-GAAP net income of $8.9 million, or $0.14 per diluted share, compared with $22.2 million, or $0.37 per diluted share in the same period last year
SEC original ↗Veeco Instruments Inc — Earnings release (8-K exhibit)EX-99May 5, 2026
Diluted EPSquarter
$ 0.20
Dollars in millions, except per share data GAAP Results Q1 26 Q1 25 Revenue $ 158.3 $ 167.3 Net income (loss) $ (0.3) $ 11.9 Diluted earnings (loss) per share $ (0.01) $ 0.20 Non-GAAP Results Q1 26 Q1 25 Operating income $ 8.6 $ 24.3 Net income $ 8.9 $ 22.2 Diluted earnings per share $ 0.14 $ 0.37 Veeco executed well in the first quarter as the industry enters a transformational period driven by rapid expansion of AI data centers and high-performance computing, said Bill Miller, Ph.
SEC original ↗Veeco Instruments Inc — Earnings release (8-K exhibit)EX-99May 5, 2026
Operating incomequarter
$ 8.6
Dollars in millions, except per share data GAAP Results Q1 26 Q1 25 Revenue $ 158.3 $ 167.3 Net income (loss) $ (0.3) $ 11.9 Diluted earnings (loss) per share $ (0.01) $ 0.20 Non-GAAP Results Q1 26 Q1 25 Operating income $ 8.6 $ 24.3 Net income $ 8.9 $ 22.2 Diluted earnings per share $ 0.14 $ 0.37 Veeco executed well in the first quarter as the industry enters a transformational period driven by rapid expansion of AI data centers and high-performance computing, said Bill Miller, Ph.
SEC original ↗Veeco Instruments Inc — Earnings release (8-K exhibit)EX-99May 5, 2026
M Non-GAAP operating incomequarter
$9M
Reiterate FY 2026 guide with increased visibility into 2027 Revenue $158M Non-GAAP Operating Income $9M Non-GAAP EPS 0.14₵ Key Takeaways 5 Veeco’s Critical Role in Semi Manufacturing Deposition Lithography Etch Ion Implant Anneal Inspection Adv.
SEC original ↗Veeco Instruments Inc — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026
revenue of $30M-$60M per application at 100K wspm
SEC original ↗Veeco Instruments Inc — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026
AI analysis
Q1 2026 · reported May 5, 2026
Based on: Earnings release + Q1 2026 deck + parent 8-K + 10-Q — transcript not held
The quarter in charts
Headline figures
| Metric | Q1 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $158.3 million | — | $167.3 million |
| Net income | $11.9 million | — | — |
| Non-GAAP net income | $8.9 million | — | — |
| Diluted EPS | $ 0.20 | — | — |
| Operating income | $8.6M | — | — |
| M Non-GAAP operating income | $9M | — | — |
Guidance · company-stated
No guidance located in the held release
“Dollars in millions, except per share data GAAP Results Q2 26 Q2 25 Revenue $ 193.5 $ 166.1 Net income $ 11.9 $ 11.7 Diluted earnings per share $ 0.18 $ 0.20 Non-GAAP Results Q2 26 Q2 25 Operating income $ 23.1 $ 23.1 Net income $ 21.8 $ 21.5 Diluted earnings per share $ 0.33 $ 0.36 Veeco delivered strong quarterly results, exceeding market expectations while continuing to build momentum across our business, said Bill Miller, Ph.”
Capital allocation
Balance Sheet and Cash Flow Highlights $ millions Q4 2025 Q1 2026 Cash & Short-Term Investments 390 383 Accounts Receivable 111 151 Inventories 275 282 Accounts Payable 55 60 Long-Term Debt 226 226 Cash Flow from Operations 25 8 Capital Expenditures 3 5 DSO (days) 60 86 DIO (days) 232 245 DPO (days) 48 54 13 Q2 & FY 2026 Outlook A reconciliation of GAAP to Non-GAAP financial measures can be found in the backup section of this presentation.
17 2029 Convertible Notes Outstanding Convertible Notes Due June 2029 Principal Amount Carrying Value Coupon Annual Cash Interest Annual Non-Cash Interest Initial Conversion Price 230M 226M 2.875% 6.6M 1.1M 29.22 As of March 31, 2026 * The Company is required to settle the principal amount of the 2029 Convertible Notes in cash,and has the option to settle the excess above principal in any combination of cash or shares.
Event summary
VEECO REPORTS FIRST QUARTER 2026 FINANCIAL RESULTS
Based on: Earnings release + Q1 2026 deck + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Balance Sheet and Cash Flow Highlights $ millions Q4 2025 Q1 2026 Cash & Short-Term Investments 390 383 Accounts Receivable 111 151 Inventories 275 282 Accounts Payable 55 60 Long-Term Debt 226 226 Cash Flow from Operations 25 8 Capital Expenditures 3 5 DSO (days) 60 86 DIO (days) 232 245 DPO (days) 48 54 13 Q2 & FY 2026 Outlook A reconciliation of GAAP to Non-GAAP financial measures can be found in the backup section of this presentation.
SEC original ↗Veeco Instruments Inc — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026
17 2029 Convertible Notes Outstanding Convertible Notes Due June 2029 Principal Amount Carrying Value Coupon Annual Cash Interest Annual Non-Cash Interest Initial Conversion Price 230M 226M 2.875% 6.6M 1.1M 29.22 As of March 31, 2026 * The Company is required to settle the principal amount of the 2029 Convertible Notes in cash,and has the option to settle the excess above principal in any combination of cash or shares.
SEC original ↗Veeco Instruments Inc — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026
treasuries, government agency securities, corporate debt, and commercial paper, all with maturities of greater than three months when purchased.
SEC original ↗Veeco Instruments Inc — 10-Q Quarterly report10-QAug 5, 2026
treasuries $ 59,814 $ $ $ 59,814 Government agency securities 58,946 58,946 Corporate debt 80,362 80,362 Commercial paper 15,818 15,818 Total $ 59,814 $ 155,126 $ $ 214,940 December 31, 2025 Cash equivalents Certificate of deposits and time deposits $ 63,893 $ $ $ 63,893 Money market cash 15,327 15,327 Total $ 79,220 $ $ $ 79,220 Short-term investments U.
SEC original ↗Veeco Instruments Inc — 10-Q Quarterly report10-QAug 5, 2026
treasuries $ 77,110 $ $ $ 77,110 Government agency securities 53,488 53,488 Corporate debt 96,165 96,165 Total $ 77,110 $ 149,653 $ $ 226,763 There were no transfers between fair value measurement levels during the three and six months ended June 30, 2026.
SEC original ↗Veeco Instruments Inc — 10-Q Quarterly report10-QAug 5, 2026
treasuries $ 60,064 $ 1 $ ( 251 ) $ 59,814 Government agency securities 59,155 7 ( 216 ) 58,946 Corporate debt 80,583 6 ( 227 ) 80,362 Commercial paper 15,818 15,818 Total $ 215,620 $ 14 $ ( 694 ) $ 214,940 December 31, 2025 U.
SEC original ↗Veeco Instruments Inc — 10-Q Quarterly report10-QAug 5, 2026
Strategy & priorities
Dollars in millions, except per share data GAAP Results Q1 26 Q1 25 Revenue $ 158.3 $ 167.3 Net income (loss) $ (0.3) $ 11.9 Diluted earnings (loss) per share $ (0.01) $ 0.20 Non-GAAP Results Q1 26 Q1 25 Operating income $ 8.6 $ 24.3 Net income $ 8.9 $ 22.2 Diluted earnings per share $ 0.14 $ 0.37 Veeco executed well in the first quarter as the industry enters a transformational period driven by rapid expansion of AI data centers and high-performance computing, said Bill Miller, Ph.
SEC original ↗Veeco Instruments Inc — Earnings release (8-K exhibit)EX-99May 5, 2026
Customs, our investment and growth strategies, our development of new products and technologies, our business outlook for current and future periods, our ongoing transformation initiative and the effects thereof on our operations and financial results, the timing, completion and expected benefits of the proposed transaction and other statements that are not historical facts.
SEC original ↗Veeco Instruments Inc — Earnings release (8-K exhibit)EX-99May 5, 2026
These Non-GAAP financial measures exclude items such as: share-based compensation expense; charges relating to restructuring initiatives; non-cash asset impairments; certain other non-operating gains and losses; and acquisition-related items such as transaction costs, non-cash amortization of acquired intangible assets, and certain integration costs.
SEC original ↗Veeco Instruments Inc — Earnings release (8-K exhibit)EX-99May 5, 2026
Customers, our investment and growth strategies, our development of new products and technologies, our business outlook for current and future periods, our ongoing transformation initiative and the effects thereof on our operations and financial results, the timing, completion and expected benefits of the proposed transaction and other statements that are not historical facts.
SEC original ↗Veeco Instruments Inc — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026
Operational manufacturing footprint expansion 5.
SEC original ↗Veeco Instruments Inc — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026
Risks & headwinds
These statements and their underlying assumptions are subject to risks and uncertainties and are not guarantees of future performance.
SEC original ↗Veeco Instruments Inc — Earnings release (8-K exhibit)EX-99May 5, 2026
Factors that could cause actual results to differ materially from those expressed or implied by such statements include, without limitation: the level of demand for our products; global economic and industry conditions; global trade issues, including the effects of foreign and domestic tariffs and the ongoing trade disputes between the U.
SEC original ↗Veeco Instruments Inc — Earnings release (8-K exhibit)EX-99May 5, 2026
Legal Proceedings 35 Item 1A.
SEC original ↗Veeco Instruments Inc — 10-Q Quarterly report10-QAug 5, 2026
All estimates and assumptions are subject to a number of risks and uncertainties that could cause actual results to differ materially from these estimates and assumptions.
SEC original ↗Veeco Instruments Inc — 10-Q Quarterly report10-QAug 5, 2026
Factors that could cause actual results to differ materially from those expressed or implied by such statements include, without limitation, those set forth under the heading Risk Factors in Part 1, Item 1A of our 2025 Form 10-K, and the following: Unfavorable market conditions; Risks associated with operating a global business; Changes in trade policies, export controls, and the ongoing trade dispute between the U.
SEC original ↗Veeco Instruments Inc — 10-Q Quarterly report10-QAug 5, 2026
Legal Proceedings The Company is involved in various legal proceedings arising in the normal course of business.
SEC original ↗Veeco Instruments Inc — 10-Q Quarterly report10-QAug 5, 2026
Earnings deck slides
0 decks with slide viewVeeco Instruments Inc — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Veeco Instruments Inc — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Veeco Instruments Inc — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documents- Q2 2026
- 8-KVECO
Aug 5, 2026
- 10-QVECO
- Q1 2026
- 8-KVECO
May 7, 2026
- 8-KVECO
May 5, 2026
- 10-QVECO
- Q4 2025
- 8-KVECO
Feb 25, 2026
- 10-KVECO
Feb 25, 2026
- 8-KVECO
Feb 6, 2026
- 8-KVECO
Feb 2, 2026
- 8-KVECO
Jan 28, 2026
- Q3 2025
- 8-KVECO
Nov 5, 2025
- 10-QVECO
- 8-KVECO
Oct 7, 2025
- 8-KVECO
Oct 1, 2025
- Q2 2025
- 8-KVECO
Aug 6, 2025
- 10-QVECO
- Q1 2025
- 8-KVECO
Jun 17, 2025
- 8-KVECO
May 15, 2025
- 8-KVECO
May 8, 2025
- 8-KVECO
May 7, 2025
- 10-QVECO
- Q4 2024
- 10-KVECO
Feb 14, 2025
- 8-KVECO
Feb 12, 2025
- Q3 2024
- 8-KVECO
Dec 4, 2024
- 8-KVECO
Nov 6, 2024
- 10-QVECO
- Q2 2024
- 8-KVECO
Aug 6, 2024
- 10-QVECO
- 8-KVECO
Aug 2, 2024
- Q1 2024
- 8-KVECO
May 10, 2024
Earnings releases
9 documentsPresentations
3 documents
Transcripts
0 documentsNo transcripts for Veeco Instruments Inc are held in this edition of the library.
Mentioned by
1 companyOther tracked companies whose held documents mention Veeco Instruments Inc by name or ticker. A mention is counted once per document, from the document text the library holds.
Axcelis Technologies Inc (ACLS)
“ enter into our next chapter of growth and innovation. Our recently announced merger with Veeco Instruments marks a critical milestone that we believe will position the combined company… …of $213.6 million • GAAP Gross Margin of 41.6%, and Non-G”
See also the earnings calendar for every tracked company’s next earnings date.