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Veeco Instruments Inc. (VECO)

Nasdaq: VECO · Special Industry Machinery, NEC · Plainview, NY · filing with the SEC since 1996
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Grade5.2
◀ Past 6.0● Present 5.6▶ Future 4.0
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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 25, 2026Feb 14, 2025Feb 16, 2024Feb 22, 2023Feb 18, 2022Feb 22, 2021Feb 21, 2020Feb 25, 2019Feb 21, 2018Feb 22, 2017
Revenue664,294717,301666,435646,137583,277454,163419,349542,082475,686331,702
Cost of revenue398,885413,296381,376382,989341,003259,863261,155348,363299,458r198,604r
Gross profit265,409304,005285,059263,148242,274194,300158,194193,719176,228r133,098r
Research and development119,641124,507112,853103,56588,68078,99490,55797,75581,98781,016
Selling, general and administrative98,90699,66392,75688,95284,53676,25179,74992,060100,25077,642
Total operating expenses229,702237,024215,119202,852185,564171,735197,772609,221248,096253,260
Operating income35,70766,98169,94060,29656,71022,565-39,578-415,502-71,868r-120,162r
Interest expense8,1169,7369,96410,83226,28224,64021,99121,07719,457222
Interest and investment income13,46912,89810,5832,1992,3401,5514,6803,1862,3351,180
Other income (expense), net-653·-97,091·-5,010-7,841-20,973···
Income before income taxes39,38768,834-28,33850,98525,680-8,464-77,956-433,834-88,990-119,204r
Income tax expense3,997-4,8802,030-115,957-358-73777-26,746-37,594r2,823r
Net income including non-controlling interests35,39073,714-30,368166,94226,038-8,391-78,733-407,088-51,396-122,027
Net income35,39073,714-30,368166,94226,038-8,391-78,733-407,088··
Net income to common shareholders35,39073,714-30,368166,94226,038-8,391-78,733-407,088-51,396r-122,027r
Earnings per share, basic0.601.31-0.563.350.53-0.17-1.66-8.63-1.16r-3.10r
Earnings per share, diluted0.591.23-0.562.710.49-0.17-1.66-8.63-1.16r-3.10r
Weighted average shares, basic59,29956,42653,76949,90649,07348,36247,48247,15144,17439,340
Weighted average shares, diluted60,59461,59653,76965,60753,64348,36247,48247,15144,17439,340
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseDebt
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton VECO · research, not advice