VECO

Veeco Instruments Inc Industrials Special Industry Machinery, NEC Russell 3000
$38.87Close $2.3BMarket cap $26.39 – $83.0452-week range Nov 4, 2026Next report · after the close

Highlights

Cautions

  • Not in an uptrend 3 of 8 trend conditions
  • Lagging the market RS 38 · weaker than 62% of stocks over 12 months
  • Far from its high 53% below its 52-week high
  • Earnings shrinking EPS −9% year on year
  • Results soon Nov 4, 2026, in 3 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 5, 2026
Off 12-month high 53%
1wk down 7.6% price change
1mo down 25.1% price change
12-month return up 33% market up 11% · its own up 22%
F-score 5 / 9 Mixed
Altman Z 3.95 Low risk
P/E 66.3× price / earnings
PEG — P/E / EPS growth
P/B 2.7× price / book
Earnings yield up 1.5% EBIT / enterprise value
Cheaper than 44% of the market · around average
Revenue growth down 7% year on year
EPS growth down 9% latest quarter · +94 pts
Sales growth up 16% latest quarter · +22 pts
ROE up 4% return on equity
Free cash margin up 8% $53.3M FCF
D/E 0.26 long-term debt / equity
Net debt / EBITDA 1.1×
Interest cover 4.4×EBIT / interest
Piotroski tests
  • profitability slipped from last year
  • issued more shares
  • gross margin narrowed
  • assets working less efficiently
  • profitable on its assets
  • generating cash from operations
  • profits backed by cash
  • reduced long-term debt
  • short-term liquidity improved

Repair signals

  • Long-term debt down 9% ($0.2B → $0.2B)

Trade setup

ATR% 7.6% $2.95 a day · 2×ATR $32.98
RS 38 / 99 vs the universe
Trend 3 / 8 trend template
Relative volume 1.7× vs 50-day average
Up/down volume 1.02 50 sessions
Implied move — no option chain · report Nov 4, 2026
Trend template · 3 of 8
  • Price above the 150 and 200-day averages: fails
  • 150-day average above the 200-day: passes
  • 200-day average rising for a month: passes
  • 50-day average above the 150 and 200-day: fails
  • Price above the 50-day average: fails
  • At least 30% above the 52-week low: passes
  • Within 25% of the 52-week high: fails
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

3 flagged
  • Shareholders diluted The share count rose 6.3% over the year, from 57m to 60m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
  • Gross margin narrowing Gross margin fell from 42.4% to 40.0%. The company is keeping less of each dollar of sales than it did a year ago.
  • Revenue shrinking Revenue fell 7.4% over the year, from $717.3M to $664.3M.
Last reported Aug 5, 2026
Last shock Oct 22, 2026-12% in one session2.1× volumeno filing matched-6% since

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $664.3M -7% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $454.2M FY2021 · $583.3M FY2022 · $646.1M FY2023 · $666.4M FY2024 · $717.3M FY2025 · $664.3M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $35.4M -52% on FY2024
-$50M $0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$8.4M FY2021 · $26.0M FY2022 · $166.9M FY2023 · -$30.4M FY2024 · $73.7M FY2025 · $35.4M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $53.3M +17% on FY2024
$0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $36.2M FY2021 · $27.1M FY2022 · $83.9M FY2023 · $33.7M FY2024 · $45.7M FY2025 · $53.3M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 40%
  • Net 5%
  • Free cash 8%
0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 43% · Net -2% · Free cash 8% FY2021 · Gross 42% · Net 4% · Free cash 5% FY2022 · Gross 41% · Net 26% · Free cash 13% FY2023 · Gross 43% · Net -5% · Free cash 5% FY2024 · Gross 42% · Net 10% · Free cash 6% FY2025 · Gross 40% · Net 5% · Free cash 8%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $62.5M net debt
  • Cash
  • Long-term debt
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $129.6M · Long-term debt $321.1M FY2021 · Cash $119.7M · Long-term debt $229.4M FY2022 · Cash $154.9M · Long-term debt $254.5M FY2023 · Cash $158.8M · Long-term debt $274.9M FY2024 · Cash $145.6M · Long-term debt $249.7M FY2025 · Cash $163.5M · Long-term debt $226.0M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 60.39m +21.4% since FY2020
60.39m 49.72m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 49.72m FY2021 · 50.65m FY2022 · 51.66m FY2023 · 56.36m FY2024 · 56.83m FY2025 · 60.39m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $454.2M $583.3M $646.1M $666.4M $717.3M $664.3M
Gross margin 43% 42% 41% 43% 42% 40%
Operating income $22.6M $56.7M $60.3M $69.9M $67.0M $35.7M
Net income -$8.4M $26.0M $166.9M -$30.4M $73.7M $35.4M
Net margin -2% 4% 26% -5% 10% 5%
Earnings per share -$0.17 $0.49 $2.54 -$0.56 $1.20 $0.58
Free cash flow $36.2M $27.1M $83.9M $33.7M $45.7M $53.3M
Free cash margin 8% 5% 13% 5% 6% 8%
Cash $129.6M $119.7M $154.9M $158.8M $145.6M $163.5M
Long-term debt $321.1M $229.4M $254.5M $274.9M $249.7M $226.0M
Shareholders' equity $408.4M $437.6M $577.8M $672.4M $770.8M $885.5M
Shares outstanding 49.72m 50.65m 51.66m 56.36m 56.83m 60.39m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 5, 2026 Quarterly ↗ Jun 30, 2026 36d
May 5, 2026 Quarterly ↗ Mar 31, 2026 35d
Feb 25, 2026 Annual ↗ Dec 31, 2025 56d
Nov 5, 2025 Quarterly ↗ Sep 30, 2025 36d
Aug 6, 2025 Quarterly ↗ Jun 30, 2025 37d
May 7, 2025 Quarterly ↗ Mar 31, 2025 37d
Feb 14, 2025 Annual ↗ Dec 31, 2024 45d
Nov 6, 2024 Quarterly ↗ Sep 30, 2024 37d
Aug 6, 2024 Quarterly ↗ Jun 30, 2024 37d
May 7, 2024 Quarterly ↗ Mar 31, 2024 37d
Feb 16, 2024 Annual ↗ Dec 31, 2023 47d
Nov 6, 2023 Quarterly ↗ Sep 30, 2023 37d

Current reports