Veeco Instruments (VECO) Gross Margin (2010 - 2026)
Veeco Instruments (VECO) recorded Gross Margin of 38.68% in Q2 2026, down 2.70 percentage points from 41.38% a year earlier but up 3.42 percentage points from the prior quarter.
Veeco Instruments (VECO) Gross Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Veeco Instruments' Gross Margin came in at 37.92% as of Jun 30, 2026, down 3.55 percentage points year-over-year; for FY2025, it was 39.95%, down 2.43 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -2.83 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 42.38% in FY2024 (-0.39 pp), 42.77% in FY2023 (+2.05 pp), 40.73% in FY2022 (-0.81 pp) and 41.54% in FY2021 (-1.25 pp).
- Quarterly Gross Margin has ranged from 35.26% in Q1 2026 to 45.22% in Q4 2023 over the past five years.
- On a year-over-year basis, Gross Margin has declined for eight consecutive quarters, with an average year-over-year change of -2.90 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 4.31 percentage points in Q4 2023, against a drop of 5.67 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 35.26% (Q1 2026), 36.67% (Q4 2025) and 40.81% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn | 74.98% |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn | 67.72% |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn | 69.13% |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn | 86.76% |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn | 53.77% |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn | 51.98% |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn | 40.36% |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn | 51.75% |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn | 50.31% |
| 10 | Veeco Instruments | 2.66 Bn | 1.09 Bn | 74.83 Mn | 38.68% |
Historic 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% |
Veeco Instruments Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=VECO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VECO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=VECO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();