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| 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 |