The financials
Veeco Instruments Inc. by the numbers
Veeco Instruments Inc. (VECO) reported revenue of $193M in Q2 2026 (quarter ended Jun 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 Q2 2026 was Asia Pacific Excluding China at $70M, 36% of the disclosed total, just ahead of United States at 31%.
| 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 | $70M | 36% |
| United States | $59M | 31% |
| China | $48M | 25% |
| EMEA | $16M | 8.3% |
| Rest Of World | $527K | 0.3% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $193.5M (+22%)
Rest Of World grew +1126% year on yearAsia Pacific Excluding China -29% year on year
Segment Latestquarter on quarteryear on year
- Asia Pacific Excluding China$69.8M$69.8MQoQ -23%year on year -29%-23%-29%
- United States$59.1M$59.1MQoQ +83%year on year +170%+83%+170%
- China$48.1M$48.1MQoQ +141%year on year +75%+141%+75%
- EMEA$16.0M$16.0MQoQ +1.4%year on year -14%+1.4%-14%
- Rest Of World$527.0K$527.0KQoQ +4292%year on year +1126%+4292%+1126%
Semiconductor Equipment & Materials
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