Veeco Instruments Inc.: stock overview

VECONASDAQTechnology · Special Industry Machinery, NEC

Price

$39.06

November 13, 2026Market cap $2.4B

DCF calculator

What Ploutos Investor adds for Veeco Instruments

Part of Ploutos Investor, €9.99 a month

See the plans
  • The full history: 17 fiscal years, from 2009
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

Sign in with a free account to see the last 5 fiscal years.

Notes on these figures

  • Profit over the last twelve months is well above what the business itself earned, because it includes large gains outside the business, such as on investments or from selling a business. The P/E is lower than the business alone would give.

In short

Veeco Instruments had revenue of $726M over the last 12 months and net income of $26M, a net margin of 3.6%. Revenue grew by 7.9% a year on average over the last 5 years. At $39.06 the shares trade at a P/E of 89.8, against a median of 35.1 over the last 4 fiscal years. It holds more cash than debt, by $256M. It pays no dividend.

From its SEC filings (latest fiscal year to December 31, 2025) and the price of November 13, 2026.

Its SEC filings
Market cap
$2.4B
60.39M shares
P/E
89.8
Today89.8
Median35.1
Revenue, 12 months
$726M
+7.9% a year over 5 years
Net margin
3.6%
2025: 5.3%, above 47% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

2023–2025 fiscal years

-0.2% a year over 2 years

  • 202510-K
    Revenue$664M
  • 202410-K
    Revenue$717M
  • 202310-K
    Revenue$666M

Fiscal years in figures

VECO's revenue, profit, cash flow and dividend with each year-end price, from 2009 to 2022, 14 more fiscal years

Part of Ploutos Investor, €9.99 a month

See the plans

Sign in with a free account to see the last 5 fiscal years.

Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 3-year median: $1.7B
$2.4B
Enterprise value 
$2.1B
P/E 
89.8
EV / EBIT 
95.9
EV / Revenue 
2.9
P/B 3-year median: 2.0
2.6
FCF yield 3-year median: 2.9%
5.3%
Earnings yield 3-year median: 2.1%
1.1%

Profitability

Gross margin 
37.4%
Operating margin 
3.0%
Net margin 3-year median: 5.3%
3.6%
ROIC 
1.6%
ROIC, 5-year average 
5.1%
ROE 
2.9%

Growth

Revenue, yearly change 
-7.4%
EPS, yearly change 
-52.0%
FCF, yearly change 
+16.6%
Revenue, average a year 
+7.9%

The yearly change compares FY2025 with FY2024.

Balance sheet

Cash 
$483M
Total debt 
$263M
Of which operating leases 
$36M
Net cash 
$256M
Net debt / EBITDA 
-6.1x
Interest cover 
2.8x
Current ratio 
3.87

Balance sheet of September 30, 2026.

Returns to shareholders

Dividend yield 
0.00%
Buybacks 
–
Total returned 
0.00%
Shares, yearly change 
+4.2%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 35).

Gross margin

40.0%

Above 62% of the 115 companies in its industry, and 56% of all.

Operating margin

5.4%

Above 39% of the 138 companies in its industry, and 51% of all.

Net margin

5.3%

Above 47% of the 147 companies in its industry, and 53% of all.

ROE

4.0%

Above 33% of the 136 companies in its industry, and 40% of all.

ROA

2.7%

Above 39% of the 146 companies in its industry, and 59% of all.

Revenue growth

-7.4%

Above 11% of the 144 companies in its industry, and 12% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
VEECO INSTRUMENTS INC
CIK
103145
Exchange
NASDAQ
Industry (SIC)
3559 · Special Industry Machinery, NEC
Fiscal year ends
December 31
Latest annual report
December 31, 2025
Reporting currency
USD
Shares
60.39M

Other companies: Technology

The largest companies of the same sector, each with its own page.

The Technology sectorAll companies

The full analysis

What do Veeco Instruments's filings show?

These are Veeco Instruments's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about VECO

Didn't find what you were looking for?

Ask us
What is VECO's market cap?

Veeco Instruments Inc.'s market cap is $2.4B, at a price of $39.06 on November 13, 2026 and 60.39M shares.

What is VECO's P/E?

VECO's P/E is 89.8, on earnings per share of $0.40 over the last 12 months. The median over the last 4 fiscal years was 35.1.

How much revenue does VECO have?

Veeco Instruments had revenue of $726M over the last 12 months. Over the last 5 years it changed by +7.9% a year on average.

Does VECO pay a dividend?

No. Veeco Instruments paid no regular dividend over the last 12 months.

Where do the figures come from?

From Veeco Instruments Inc.'s SEC filings (10-K and 10-Q) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

US stocksThe market today, the sectors, the largest companies and the week's results.The market's sectorsThe 11 sectors side by side: returns, share of the market, median P/E and dividend.Compare stocksTwo companies side by side: price over up to ten years, with and without dividends, and every figure.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.