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 (VECO) has 17 years of Operating Expenses data on file, last reported 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.
- The five-year high for Operating Expenses was $70.1 million in Q4 2024, with the low at $49.5 million in Q1 2022.
- Average Operating Expenses over 5 years is $55.5 million, with a median of $54.5 million recorded in 2023.
- Year-over-year, Operating Expenses gained 28.7% in 2024 and slipped 11.74% in 2025.
- Veeco Instruments' Operating Expenses stood at $49.5 million in 2022, then advanced by 9.98% to $54.5 million in 2023, then advanced by 28.7% to $70.1 million in 2024, then dropped by 11.74% to $61.9 million in 2025, then declined by 5.48% to $58.5 million in 2026.
- Business Quant data shows VECO's Operating Expenses at $58.5 million in Q1 2026, $61.9 million in Q4 2025, and $57.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Applied Materials | 516.82 Bn | 510.08 Bn | 3.95 Bn | 1.42 Bn |
| 2 | Lam Research | 488.97 Bn | 484.22 Bn | 2.91 Bn | 863.51 Mn |
| 3 | Kla | 348.47 Bn | 343.51 Bn | 2.09 Bn | 679.90 Mn |
| 4 | Teradyne | 66.84 Bn | 66.60 Bn | 780.95 Mn | 307.95 Mn |
| 5 | Qnity Electronics | 32.19 Bn | 32.35 Bn | 618.00 Mn | 267.00 Mn |
| 6 | Entegris | 25.16 Bn | 24.72 Bn | 380.80 Mn | 192.90 Mn |
| 7 | Amkor Technology | 19.80 Bn | 17.99 Bn | 239.03 Mn | 138.75 Mn |
| 8 | Formfactor | 11.45 Bn | 11.15 Bn | 86.79 Mn | 70.15 Mn |
| 9 | ACM Research | 7.71 Bn | 7.32 Bn | 107.24 Mn | 71.06 Mn |
| 10 | Veeco Instruments | 43.02 Mn | -340.31 Mn | 55.83 Mn | 58.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |