Veeco Instruments Inc. (VECO) Net Income
The trailing-twelve-month (TTM) net income for Veeco Instruments Inc. (VECO) is $23.12 Million with a year-over-year change of (63.77%). Net income represents the company's bottom line profit after all expenses, taxes, and interest.
VECO Annual Net Income
Net Income (TTM)
$23.12M
$23.12 Million
Year-over-Year Change
(63.77%)
vs. $63.81M a year ago (TTM)
Net Income CAGR
+13.52%
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
(63.77%)
3 Year
(47.77%)
5 Year
+13.52%
10 Year
+13.52%
15 Year
(17.14%)
20 Year
+9.80%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $35.39M | ($38.32M) | (51.99%) |
| 2024 | $73.71M | +$104.08M | — |
| 2023 | ($30.37M) | ($197.31M) | (118.19%) |
| 2022 | $166.94M | +$140.90M | +541.15% |
| 2021 | $26.04M | +$34.43M | — |
| 2020 | ($8.39M) | +$70.34M | — |
| 2019 | ($78.73M) | +$328.36M | — |
| 2018 | ($407.09M) | ($362.30M) | — |
| 2017 | ($44.79M) | +$77.42M | — |
| 2016 | ($122.21M) | ($90.23M) | — |
Net Income Growth Summary
TTM Growth
(63.77%)
3-Year Avg Growth
(47.77%)
5-Year Avg Growth
+13.52%
About Veeco Instruments Inc.
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 processing and surface preparation, molecular beam epitaxy (MBE), and atomic layer deposition (ALD), alongside other deposition solutions and packaging lithography tools. These advanced processing platforms are essential for manufacturing diverse microelectronic components, including logic chips, dynamic random-access memory (DRAM), photonics devices, power electronics, radio frequency (RF) filters and amplifiers, magnetic heads for hard disk drives, and various other semiconductor applications. The company's clientele encompasses integrated device manufacturers (IDMs), foundries, outsourced semiconductor assembly and test (OSAT) providers, hard disk drive and photonics producers, as well as educational institutions and research facilities. Established in 1945, Veeco Instruments Inc. is headquartered in Plainview, New York.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- William John Miller