Veeco Instruments (VECO) Financials: Revenue & Earnings
$2.67B
Market Cap
111.04
P/E
29.14
Forward P/E
—
Score
VECO price $43.70 -0.15 -0.35%
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 332451000 | 484756000 | 542082000 | 419349000 | 454163000 | 583277000 | 646137000 | 666435000 | 717301000 | 664294000 |
Veeco Instruments Inc., operating globally with its subsidiaries, specializes in the engineering, production, sale, and support of advanced semiconductor and thin film process equipment used primarily in the manufacture of electronic devices. Their comprehensive product portfolio features systems such as laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition (MOCVD), single wafer wet…
VECO fair value $59.31. Price $43.70. Price is 26% below fair value.
Above fair value, but less expensive than usual. A smaller premium than on 79% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 85.17M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 11.77% (beta 1.4). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 61.03M. Net debt 98.54M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-04 | — | 0.43 | — | 213.33M |
| 2026-08-05 | 0.33 | 0.26 | 193.48M | 180.08M |
| 2026-05-05 | 0.14 | 0.20 | 158.34M | 160.07M |
| 2026-02-25 | 0.24 | 0.25 | 165.02M | 165.03M |
| 2025-11-05 | 0.36 | 0.28 | 165.88M | 166.23M |
| 2025-08-06 | 0.36 | 0.22 | 166.10M | 159.00M |
| 2025-05-07 | 0.37 | 0.32 | 167.29M | 166.00M |
| 2025-02-12 | 0.41 | 0.40 | 182.13M | 176.26M |
| 2024-11-06 | 0.46 | 0.45 | 184.81M | 176.67M |
| 2024-08-06 | 0.42 | 0.44 | 175.88M | 175.93M |
| 2024-05-07 | 0.45 | 0.41 | 174.48M | 170.55M |
| 2024-02-14 | 0.51 | 0.43 | 173.92M | 169.39M |
| 2023-11-06 | 0.53 | 0.37 | 177.37M | 167.89M |
| 2023-08-07 | 0.36 | 0.30 | 161.64M | 157.31M |
| 2023-05-08 | 0.30 | 0.20 | 153.50M | 141.84M |
| 2023-02-15 | 0.38 | 0.35 | 153.80M | 161.45M |
| 2022-11-07 | 0.45 | 0.41 | 171.91M | 170.79M |
| 2022-08-08 | 0.35 | 0.28 | 164.00M | 160.91M |
| 2022-05-09 | 0.38 | 0.36 | 156.43M | 154.95M |
| 2022-02-16 | 0.43 | 0.36 | 152.97M | 150.97M |
| 2021-11-02 | 0.40 | 0.35 | 150.25M | 146.41M |
| 2021-08-03 | 0.35 | 0.27 | 146.34M | 146.34M |
| 2021-05-04 | 0.25 | 0.22 | 133.71M | 125.57M |
| 2021-02-11 | 0.30 | 0.31 | 138.95M | 129.11M |
| 2020-10-27 | 0.22 | 0.18 | 112.08M | 101.89M |
| 2020-08-03 | 0.11 | 0.09 | 98.64M | 62.77M |
| 2020-05-07 | 0.22 | 0.09 | 104.50M | 28.50M |
| 2020-02-13 | 0.11 | 0.07 | 113.20M | 82.33M |
| 2019-11-04 | 0.05 | 0.01 | 108.95M | 21.79M |
| 2019-08-05 | -0.06 | -0.08 | 97.82M | 146.73M |
| 2019-05-06 | -0.14 | -0.23 | 99.37M | 149.06M |
| 2019-02-11 | -0.16 | -0.17 | 98.97M | 98.97M |
| 2018-11-01 | 0.11 | 0.08 | 126.76M | 92.19M |
| 2018-08-02 | 0.15 | 0.12 | 157.78M | 136.76M |
| 2018-05-07 | 0.20 | 0.07 | 158.57M | 47.58M |
| 2018-02-12 | 0.19 | 0.09 | 143.43M | 133.12M |
| 2017-11-02 | 0.09 | 0.02 | 131.87M | 28.73M |
| 2017-08-03 | 0.15 | 0.04 | 115.07M | 29.92M |
| 2017-05-04 | 0.09 | 0.07 | 94.39M | 73.50M |
| 2017-02-16 | 0.09 | 0.05 | 93.61M | 61.93M |
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-08-17 | Miller William John | Sell | 5.97K | $52.85 | 315.46K |
| 2026-08-17 | Miller William John | Sell | 123.33K | $54.07 | 6.67M |
| 2026-08-17 | Miller William John | Sell | 70.70K | $54.49 | 3.85M |
| 2026-08-13 | RAYMOND MARY JANE | Sell | 3.00K | — | — |
| 2026-08-10 | KIERNAN JOHN P | Sell | 20.26K | $50.42 | 1.02M |
| 2026-08-10 | KIERNAN JOHN P | Sell | 10.24K | $51.29 | 525.00K |
| 2026-08-10 | KIERNAN JOHN P | Sell | 2.10K | $52.50 | 110.25K |
| 2026-08-10 | KIERNAN JOHN P | Sell | 800 | $53.44 | 42.75K |
| 2026-08-10 | KIERNAN JOHN P | Sell | 1.61K | $54.28 | 87.28K |
| 2026-06-11 | Wilkerson Susan | Sell | 15.51K | $69.56 | 1.08M |
| 2026-06-09 | Devasahayam Adrian | Sell | 10.00K | $65.00 | 650.00K |
| 2026-06-09 | HUNTER GORDON | Sell | 16.97K | $68.80 | 1.17M |
| 2026-06-04 | HUNTER GORDON | Sell | 6.75K | $63.78 | 430.64K |
| 2026-06-02 | Miller William John | Sell | 50.00K | $58.62 | 2.93M |
| 2026-05-26 | HUNTER GORDON | Sell | 17.71K | $61.61 | 1.09M |
| 2026-05-26 | Wilkerson Susan | Sell | 35.72K | $61.69 | 2.20M |
| 2026-05-26 | Devasahayam Adrian | Sell | 5.41K | $61.84 | 334.37K |
| 2026-05-14 | DAMORE RICHARD A | Sell | 43.70K | $60.71 | 2.65M |
| 2026-05-12 | HUNTER GORDON | Sell | 29.53K | $59.41 | 1.75M |
| 2026-05-11 | St Dennis Thomas | Sell | 1.40K | $61.93 | 86.70K |
| 2026-05-08 | Chand Sujeet | Buy | 2.94K | — | — |
| 2026-05-08 | St Dennis Thomas | Buy | 2.94K | — | — |
| 2026-05-08 | Nicolaides Lena | Buy | 2.94K | — | — |
| 2026-05-08 | BAYLESS KATHLEEN A | Buy | 2.94K | — | — |
| 2026-05-08 | DAMORE RICHARD A | Buy | 2.94K | — | — |
| 2026-05-08 | JACKSON KEITH D | Buy | 2.94K | — | — |
| 2026-05-08 | HUNTER GORDON | Buy | 2.94K | — | — |
| 2026-05-08 | HUNTER GORDON | Sell | 7.75K | $58.76 | 455.15K |
| 2026-05-08 | RAYMOND MARY JANE | Buy | 2.94K | — | — |
| 2026-05-08 | RAYMOND MARY JANE | Sell | 1.00K | — | — |
| 2026-05-07 | Miller William John | Sell | 100.00K | $59.55 | 5.96M |
| 2026-03-20 | Miller William John | Buy | 140.16K | — | — |
| 2026-03-20 | Miller William John | Sell | 61.05K | $31.00 | 1.89M |
| 2026-03-20 | KIERNAN JOHN P | Buy | 30.27K | — | — |
| 2026-03-20 | KIERNAN JOHN P | Sell | 15.05K | $31.00 | 466.52K |
| 2026-03-20 | Devasahayam Adrian | Buy | 26.91K | — | — |
| 2026-03-20 | Devasahayam Adrian | Buy | 373 | $25.96 | 9.68K |
| 2026-03-20 | Devasahayam Adrian | Sell | 10.14K | $31.00 | 314.46K |
| 2026-03-20 | Porshnev Peter | Buy | 26.91K | — | — |
| 2026-03-20 | Porshnev Peter | Buy | 593 | $25.96 | 15.39K |
| 2026-03-20 | Porshnev Peter | Sell | 11.40K | $31.00 | 353.31K |
| 2026-03-20 | Wilkerson Susan | Buy | 26.91K | — | — |
| 2026-03-20 | Wilkerson Susan | Buy | 549 | $25.96 | 14.25K |
| 2026-03-20 | Wilkerson Susan | Sell | 7.00K | $31.00 | 216.88K |
| 2026-03-16 | Devasahayam Adrian | Buy | 2.80K | — | — |
| 2026-03-16 | Devasahayam Adrian | Sell | 1.01K | $30.95 | 31.26K |
| 2026-03-16 | Devasahayam Adrian | Buy | 2.67K | — | — |
| 2026-03-16 | Devasahayam Adrian | Sell | 983 | $30.95 | 30.42K |
| 2026-03-16 | Devasahayam Adrian | Sell | 2.80K | — | — |
| 2026-03-16 | Devasahayam Adrian | Sell | 2.67K | — | — |
| 2026-03-16 | Miller William John | Buy | 16.33K | — | — |
| 2026-03-16 | Miller William John | Sell | 7.12K | $30.95 | 220.21K |
| 2026-03-16 | Miller William John | Buy | 15.17K | — | — |
| 2026-03-16 | Miller William John | Sell | 6.61K | $30.95 | 204.49K |
| 2026-03-16 | Miller William John | Sell | 16.33K | — | — |
| 2026-03-16 | Miller William John | Sell | 15.17K | — | — |
| 2026-03-16 | Wilkerson Susan | Buy | 2.80K | — | — |
| 2026-03-16 | Wilkerson Susan | Sell | 682 | $30.95 | 21.11K |
| 2026-03-16 | Wilkerson Susan | Buy | 2.67K | — | — |
| 2026-03-16 | Wilkerson Susan | Sell | 675 | $30.95 | 20.89K |
| 2026-03-16 | Wilkerson Susan | Sell | 2.80K | — | — |
| 2026-03-16 | Wilkerson Susan | Sell | 2.67K | — | — |
| 2026-03-16 | Porshnev Peter | Buy | 2.80K | — | — |
| 2026-03-16 | Porshnev Peter | Sell | 1.19K | $30.95 | 36.71K |
| 2026-03-16 | Porshnev Peter | Buy | 2.67K | — | — |
| 2026-03-16 | Porshnev Peter | Sell | 1.15K | $30.95 | 35.47K |
| 2026-03-16 | Porshnev Peter | Sell | 2.80K | — | — |
| 2026-03-16 | Porshnev Peter | Sell | 2.67K | — | — |
| 2026-03-16 | KIERNAN JOHN P | Buy | 4.67K | — | — |
| 2026-03-16 | KIERNAN JOHN P | Sell | 2.29K | $30.95 | 70.84K |
| 2026-03-16 | KIERNAN JOHN P | Buy | 4.08K | — | — |
| 2026-03-16 | KIERNAN JOHN P | Sell | 2.00K | $30.95 | 61.87K |
| 2026-03-16 | KIERNAN JOHN P | Sell | 4.67K | — | — |
| 2026-03-16 | KIERNAN JOHN P | Sell | 4.08K | — | — |
| 2026-03-13 | Devasahayam Adrian | Buy | 2.80K | — | — |
| 2026-03-13 | Devasahayam Adrian | Sell | 1.16K | $31.46 | 36.49K |
| 2026-03-13 | Devasahayam Adrian | Sell | 2.80K | — | — |
| 2026-03-13 | Miller William John | Buy | 14.58K | — | — |
| 2026-03-13 | Miller William John | Sell | 6.44K | $31.46 | 202.57K |
| 2026-03-13 | Miller William John | Sell | 14.58K | — | — |
| 2026-03-13 | Wilkerson Susan | Sell | 831 | $31.46 | 26.14K |
| 2026-03-13 | Wilkerson Susan | Buy | 2.80K | — | — |
| 2026-03-13 | Wilkerson Susan | Sell | 2.80K | — | — |
| 2026-03-13 | Porshnev Peter | Buy | 2.80K | — | — |
| 2026-03-13 | Porshnev Peter | Sell | 1.33K | $31.46 | 42.00K |
| 2026-03-13 | Porshnev Peter | Sell | 2.80K | — | — |
| 2026-03-13 | KIERNAN JOHN P | Buy | 3.15K | — | — |
| 2026-03-13 | KIERNAN JOHN P | Sell | 1.71K | $31.46 | 53.92K |
| 2026-03-13 | KIERNAN JOHN P | Sell | 3.15K | — | — |
| 2026-03-10 | Porshnev Peter | Buy | 32.00K | — | — |
| 2026-03-10 | Wilkerson Susan | Buy | 32.00K | — | — |
| 2026-03-10 | Devasahayam Adrian | Buy | 32.00K | — | — |
| 2026-03-10 | KIERNAN JOHN P | Buy | 42.50K | — | — |
| 2026-03-10 | Miller William John | Buy | 168.00K | — | — |
| 2026-03-10 | KIERNAN JOHN P | Buy | 42.50K | — | — |
| 2026-03-10 | Miller William John | Buy | 168.00K | — | — |
| 2026-03-10 | Devasahayam Adrian | Buy | 32.00K | — | — |
| 2026-03-10 | Porshnev Peter | Buy | 32.00K | — | — |
| 2026-03-10 | Wilkerson Susan | Buy | 32.00K | — | — |
| 2026-03-03 | Miller William John | Sell | 25.00K | $31.24 | 781.00K |
Latest filed quarter: Q2 2026.
Institutions holding: 336, holders +89 vs prior quarter. Ownership 113.73%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 9.61M | 197.86K | +2.10% | 728.13M |
| FMR LLC | 9.06M | 79.88K | +0.89% | 686.82M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 4.72M | 32.61K | +0.70% | 357.50M |
| NEUBERGER BERMAN GROUP LLC | 3.65M | 200.45K | +5.81% | 274.83M |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.60M | -41.55K | -1.57% | 197.31M |
| STATE STREET CORP | 2.59M | 111.59K | +4.50% | 196.34M |
| PARADIGM CAPITAL MANAGEMENT INC/NY | 2.07M | -106.00K | -4.88% | 156.56M |
| PRICE T ROWE ASSOCIATES INC /MD/ | 1.80M | 1.68M | +1376.85% | 136.74M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 1.77M | -698.27K | -28.25% | 134.43M |
| FISHER ASSET MANAGEMENT, LLC | 1.69M | -481.44K | -22.19% | 127.96M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.65M | 60.99K | +3.84% | 125.12M |
| DIMENSIONAL FUND ADVISORS LP | 1.64M | -736.57K | -31.02% | 124.12M |
| FRANKLIN TEMPLETON INC | 1.15M | 1.11M | +3085.21% | 86.99M |
| WESTWOOD HOLDINGS GROUP INC | 1.07M | -1.04M | -49.25% | 81.08M |
| UBS GROUP AG | 1.05M | 451.40K | +75.70% | 79.42M |
| TWO SIGMA INVESTMENTS, LP | 911.10K | 88.39K | +10.74% | 69.06M |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | 868.55K | 868.55K | New | 65.84M |
| NEEDHAM INVESTMENT MANAGEMENT LLC | 845.85K | -34.15K | -3.88% | 64.12M |
| MILLENNIUM MANAGEMENT LLC | 766.22K | 90.75K | +13.44% | 58.08M |
| NORTHERN TRUST CORP | 764.47K | -14.70K | -1.89% | 57.95M |
| WELLINGTON MANAGEMENT GROUP LLP | 761.58K | 761.58K | New | 57.73M |
| DAVIDSON KEMPNER CAPITAL MANAGEMENT LP | 750.00K | 750.00K | New | 56.85M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 657.04K | 29.81K | +4.75% | 49.80M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 657.04K | 657.04K | New | 49.80M |
| GOLDMAN SACHS GROUP INC | 634.20K | -421.49K | -39.93% | 48.07M |
Veeco Instruments Inc. (VECO) trades at $43.70, with a market cap of $2.67B and a trailing P/E of 111.04. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 332451000 | 484756000 | 542082000 | 419349000 | 454163000 | 583277000 | 646137000 | 666435000 | 717301000 | 664294000 |
Insights · Dividends · Forecast · Financials · Learn
$2.67B
Market Cap
111.04
P/E
29.14
Forward P/E
—
Score