Veeco Instruments Inc. Income Statement
VECO / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Revenue has declined at a 11.1% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $484.8M | $332.5M | $331.7M | $516.0M | $331.7M | $516.0M | $979.1M |
| Cost of Revenue | $398.9M | $413.3M | $381.4M | $383.0M | $341.0M | $259.9M | $261.2M | $348.4M | $299.5M | $198.6M | $228.6M | $300.9M | $228.6M | $300.9M | $504.8M |
| Gross Profit | $265.4M | $304.0M | $285.1M | $263.1M | $242.3M | $194.3M | $158.2M | $193.7M | $176.2M | $133.1M | $103.1M | $215.1M | $103.1M | $215.1M | $474.3M |
| SG&A Expense | $98.9M | $99.7M | $92.8M | $89.0M | $84.5M | $76.3M | $79.7M | $92.1M | $100.3M | $77.6M | $85.5M | $73.1M | $85.5M | $73.1M | $95.1M |
| R&D Expense | $119.6M | $124.5M | $112.9M | $103.6M | $88.7M | $79.0M | $90.6M | $97.8M | $82.0M | $81.0M | $81.4M | $95.2M | $81.4M | $95.2M | $96.6M |
| Operating Income | $35.7M | $67.0M | $69.9M | $60.3M | $56.7M | $22.6M | -$39.6M | -$415.5M | -$71.9M | -$120.2M | -$71.8M | $37.2M | -$71.8M | $37.2M | $276.3M |
| Interest Expense | $8.1M | $9.7M | $10.0M | $10.8M | $28.4M | $24.7M | $22.1M | $21.5M | $19.5M | $222.0K | $598.0K | $1.5M | $598.0K | $1.5M | $4.6M |
| Income Tax | $4.0M | -$4.9M | $2.0M | -$116.0M | -$358.0K | -$73.0K | $777.0K | -$26.7M | -$37.6M | $2.8M | -$28.9M | $11.7M | -$28.9M | $11.7M | $81.6M |
| Net Income | $35.4M | $73.7M | -$30.4M | $166.9M | $26.0M | -$8.4M | -$78.7M | -$407.1M | -$51.4M | -$122.0M | - | - | - | - | $128.0M |
| EPS (Basic) | $0.60 | $1.31 | -$0.56 | $3.35 | $0.53 | -$0.17 | -$1.66 | -$8.63 | -$0.80 | -$1.70 | -$1.09 | $0.80 | $3.23 | $9.16 | -$0.48 |
| EPS (Diluted) | $0.59 | $1.23 | -$0.56 | $2.71 | $0.49 | -$0.17 | -$1.66 | -$8.63 | -$0.80 | -$1.70 | -$1.09 | $0.79 | $3.11 | $8.51 | -$0.48 |
| Shares Outstanding | 60.6M | 61.6M | 53.8M | 65.6M | 53.6M | 48.4M | 47.5M | 47.2M | 40.6M | 40.5M | 40.4M | 39.7M | 39.3M | 38.8M | 40.3M |
| Gross Margin | - | - | - | - | - | - | - | - | 36.4% | 40.0% | 31.1% | 41.7% | 31.1% | 41.7% | 48.4% |
| Operating Margin | - | - | - | - | - | - | - | - | -14.8% | -36.1% | -21.6% | 7.2% | -21.6% | 7.2% | 28.2% |
| Profit Margin | - | - | - | - | - | - | - | - | -10.6% | -36.7% | - | - | - | - | 13.1% |