Veeco Instruments (VECO) Operating Expenses (2010 - 2026)

Veeco Instruments (VECO) reported Operating Expenses of $58.5 million for Q1 2026, up 7.67% YoY from $54.3 million in Q1 2025, and down 5.48% on a QoQ basis from $61.9 million in Q4 2025.

Veeco Instruments (VECO) Operating Expenses (2010 - 2026) Analysis & Trends

Veeco Instruments has reported Operating Expenses for 17 years, with the latest figure at $58.5 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $58.5 million, up 7.67% year-over-year; the trailing twelve-month figure through Mar 2026 was $233.9 million (down 1.72% YoY), and the FY2025 annual result was $229.7 million, down 3.09% from the prior year.
  • Operating Expenses came in at $58.5 million for Q1 2026 at Veeco Instruments, down from $61.9 million in the prior quarter.
  • The five-year high for Operating Expenses was $70.1 million in Q4 2024, with the low at $49.5 million in Q1 2022.
  • A 5-year average of $55.5 million and a median of $54.5 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2024 — Operating Expenses increased 28.7% — and 2025, when it retreated 11.74%.
  • Veeco Instruments' Operating Expenses stood at $49.5 million in 2022, then gained by 9.98% to $54.5 million in 2023, then gained by 28.7% to $70.1 million in 2024, then slipped by 11.74% to $61.9 million in 2025, then dropped by 5.48% to $58.5 million in 2026.
  • The last three Operating Expenses figures came in at $58.5 million (Q1 2026), $61.9 million (Q4 2025), and $57.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Asml Holding 636.08 Bn 620.57 Bn 5.90 Bn -
2 Applied Materials 406.04 Bn 399.30 Bn 3.95 Bn 1.42 Bn
3 Lam Research 369.24 Bn 364.49 Bn 2.91 Bn 863.51 Mn
4 Kla 240.65 Bn 238.86 Bn 2.09 Bn 679.90 Mn
5 Teradyne 58.07 Bn 57.82 Bn 780.95 Mn 307.95 Mn
6 Qnity Electronics 27.70 Bn 26.85 Bn 618.00 Mn 267.00 Mn
7 Entegris 18.25 Bn 17.80 Bn 380.80 Mn 192.90 Mn
8 Onto Innovation 12.83 Bn 12.17 Bn 146.39 Mn 112.88 Mn
9 Amkor Technology 12.41 Bn 9.90 Bn 318.59 Mn 118.74 Mn
10 Veeco Instruments 3.01 Bn 2.63 Bn 55.83 Mn 58.49 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 58.49 Mn
Dec 31, 2025 61.88 Mn
Sep 30, 2025 57.15 Mn
Jun 30, 2025 56.36 Mn
Mar 31, 2025 54.32 Mn
Dec 31, 2024 70.11 Mn
Sep 30, 2024 54.88 Mn
Jun 30, 2024 58.67 Mn
Mar 31, 2024 53.37 Mn
Dec 31, 2023 54.47 Mn
Sep 30, 2023 54.61 Mn
Jun 30, 2023 53.82 Mn
Mar 31, 2023 52.21 Mn
Dec 31, 2022 49.53 Mn
Sep 30, 2022 52.39 Mn
Jun 30, 2022 51.44 Mn
Mar 31, 2022 49.50 Mn
Dec 31, 2021 46.40 Mn
Sep 30, 2021 46.75 Mn
Jun 30, 2021 46.91 Mn