Veeco Instruments (VECO) Gross Margin (2010 - 2026)
Veeco Instruments (VECO) reported Gross Margin of 35.26% for Q1 2026, down 567.0% YoY from 7.55% in Q1 2025, and down 3.85% on a QoQ basis from 36.67% in Q4 2025.
Veeco Instruments (VECO) Gross Margin (2010 - 2026) Analysis & Trends
Veeco Instruments has reported Gross Margin for 17 years, with the latest figure at 35.26% in Q1 2026.
- Gross Margin for Q1 2026 came in at 35.26%, down 567.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 38.57% (down 326.0% YoY), and the FY2025 annual result was 39.95%, down 243.0% from the prior year.
- Gross Margin came in at 35.26% for Q1 2026 at Veeco Instruments, down 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.
- A 5-year average of 41.08% and a median of 40.93% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin surged 431 bps — and 2026, when it plunged 567 bps.
- Veeco Instruments' Gross Margin stood at 40.91% in 2022, then advanced by 11 bps to 45.22% in 2023, then declined by 10 bps to 40.62% in 2024, then fell by 10 bps to 36.67% in 2025, then dropped by 4 bps to 35.26% in 2026.
- The last three Gross Margin figures came in at 35.26% (Q1 2026), 36.67% (Q4 2025), and 40.81% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 636.08 Bn | 620.57 Bn | 5.90 Bn | 51.98% |
| 2 | Applied Materials | 406.04 Bn | 399.30 Bn | 3.95 Bn | 49.90% |
| 3 | Lam Research | 369.24 Bn | 364.49 Bn | 2.91 Bn | 49.83% |
| 4 | Kla | 240.65 Bn | 238.86 Bn | 2.09 Bn | 61.12% |
| 5 | Teradyne | 58.07 Bn | 57.82 Bn | 780.95 Mn | 60.89% |
| 6 | Qnity Electronics | 27.70 Bn | 26.85 Bn | 618.00 Mn | 47.00% |
| 7 | Entegris | 18.25 Bn | 17.80 Bn | 380.80 Mn | 46.90% |
| 8 | Onto Innovation | 12.83 Bn | 12.17 Bn | 146.39 Mn | 50.14% |
| 9 | Amkor Technology | 12.41 Bn | 9.90 Bn | 318.59 Mn | 16.79% |
| 10 | Veeco Instruments | 3.01 Bn | 2.63 Bn | 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% |