Veeco Instruments (VECO) Gross Margin (2010 - 2026)
Veeco Instruments (VECO) posted Gross Margin of 35.26% for Q1 2026, down 3.85% sequentially from 36.67% in Q4 2025, and down 567.0% YoY from 7.55% in Q1 2025.
Veeco Instruments (VECO) Gross Margin (2010 - 2026) Analysis & Trends
Veeco Instruments (VECO) has 17 years of Gross Margin data on file, last reported at 35.26% in Q1 2026.
- Quarterly Gross Margin fell 567.0% year-over-year to 35.26% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 38.57% (down 326.0% YoY) and the FY2025 annual result came in at 39.95%, down 243.0% from the prior year.
- Gross Margin slipped to 35.26% in Q1 2026 per VECO's latest filing, from 36.67% in the prior quarter.
- The five-year high for Gross Margin was 45.22% in Q4 2023, with the low at 35.26% in Q1 2026.
- Average Gross Margin over 5 years is 41.08%, with a median of 40.93% recorded in 2025.
- Year-over-year, Gross Margin jumped 431 bps in 2023 and slumped 567 bps in 2026.
- Veeco Instruments' Gross Margin stood at 40.91% in 2022, then climbed by 11 bps to 45.22% in 2023, then fell by 10 bps to 40.62% in 2024, then retreated by 10 bps to 36.67% in 2025, then declined by 4 bps to 35.26% in 2026.
- Business Quant data shows VECO's Gross Margin at 35.26% in Q1 2026, 36.67% in Q4 2025, and 40.81% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Applied Materials | 516.82 Bn | 510.08 Bn | 3.95 Bn | 49.90% |
| 2 | Lam Research | 488.97 Bn | 484.22 Bn | 2.91 Bn | 49.83% |
| 3 | Kla | 348.47 Bn | 343.51 Bn | 2.09 Bn | 61.12% |
| 4 | Teradyne | 66.84 Bn | 66.60 Bn | 780.95 Mn | 60.89% |
| 5 | Qnity Electronics | 32.19 Bn | 32.35 Bn | 618.00 Mn | 47.00% |
| 6 | Entegris | 25.16 Bn | 24.72 Bn | 380.80 Mn | 46.90% |
| 7 | Amkor Technology | 19.80 Bn | 17.99 Bn | 239.03 Mn | 14.19% |
| 8 | Formfactor | 11.45 Bn | 11.15 Bn | 86.79 Mn | 38.38% |
| 9 | ACM Research | 7.71 Bn | 7.32 Bn | 107.24 Mn | 46.37% |
| 10 | Veeco Instruments | 43.02 Mn | -340.31 Mn | 55.83 Mn | 35.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.26% |
| Dec 31, 2025 | 36.67% |
| Sep 30, 2025 | 40.81% |
| Jun 30, 2025 | 41.38% |
| Mar 31, 2025 | 40.93% |
| Dec 31, 2024 | 40.62% |
| Sep 30, 2024 | 42.86% |
| Jun 30, 2024 | 42.86% |
| Mar 31, 2024 | 43.22% |
| Dec 31, 2023 | 45.22% |
| Sep 30, 2023 | 43.34% |
| Jun 30, 2023 | 41.77% |
| Mar 31, 2023 | 40.40% |
| Dec 31, 2022 | 40.91% |
| Sep 30, 2022 | 40.69% |
| Jun 30, 2022 | 39.19% |
| Mar 31, 2022 | 42.20% |
| Dec 31, 2021 | 41.85% |
| Sep 30, 2021 | 42.04% |
| Jun 30, 2021 | 41.11% |