Veeco Instruments (VECO) Operating Expenses (2010 - 2026)
Veeco Instruments (VECO) posted Operating Expenses of $58.5 million for Q1 2026, down 5.48% sequentially from $61.9 million in Q4 2025, and up 7.67% YoY from $54.3 million in Q1 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.
- Quarterly Operating Expenses rose 7.67% year-over-year to $58.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $233.9 million (down 1.72% YoY) and the FY2025 annual result came in at $229.7 million, down 3.09% from the prior year.
- Operating Expenses fell to $58.5 million in Q1 2026 per VECO's latest filing, from $61.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $70.1 million in Q4 2024 and troughed 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.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses increased 28.7% in 2024, then retreated 11.74% in 2025.
- Over 5 years, 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.
- According to Business Quant data, Operating Expenses over the past three periods registered $58.5 million, $61.9 million, and $57.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn | - |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn | 965.25 Mn |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 1.42 Bn |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 690.50 Mn |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 356.81 Mn |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 298.00 Mn |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 209.30 Mn |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 119.70 Mn |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 118.74 Mn |
| 10 | Veeco Instruments | 2.91 Bn | 2.48 Bn | 74.83 Mn | 62.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 62.98 Mn |
| 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 |