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 has reported Gross Margin for 17 years, with the latest figure 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.
- Over five years, Gross Margin peaked at 45.22% in Q4 2023 and troughed 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.
- The sharpest annual moves came in 2023 and 2026: Gross Margin surged 431 bps in 2023, then plunged 567 bps in 2026.
- Over 5 years, 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.
- According to Business Quant data, Gross Margin over the past three periods registered 35.26%, 36.67%, and 40.81% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn | 51.98% |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn | 51.75% |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 49.90% |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 61.36% |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 59.79% |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 46.61% |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 47.55% |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 53.41% |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 16.79% |
| 10 | Veeco Instruments | 2.91 Bn | 2.48 Bn | 74.83 Mn | 38.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.68% |
| 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% |