Veeco Instruments (VECO) Operating Margin (2010 - 2026)
Veeco Instruments' (VECO) quarterly Operating Margin came in at 6.13% in Q2 2026, down 132.0% year-over-year from 19.14% in Q2 2025, and up 464.95% quarter-over-quarter from 1.68% in Q1 2026.
Analysis
Veeco Instruments (VECO) Operating Margin (2010 - 2026) Analysis & Trends
Veeco Instruments has disclosed Operating Margin across 17 years of filings, most recently posting 6.13% for Q2 2026.
- In Q2 2026, Operating Margin fell 132.0% year-over-year to 6.13%; the TTM figure through Jun 2026 stood at 2.69% (down 512.0% YoY), while the FY2025 annual figure was 5.38%, down 396.0% from the prior year.
- Operating Margin came in at 6.13% for Q2 2026 at Veeco Instruments, up from 1.68% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 13.9% in Q4 2023 to a low of 1.68% in Q1 2026.
- Average Operating Margin over 5 years is 7.89%, with a median of 8.46% recorded in 2023.
- The largest YoY upside for Operating Margin was 625 bps in 2024 against a maximum downside of 1177 bps in 2024.
- Over 5 years, Operating Margin stood at 8.71% in 2022, then soared by 60 bps to 13.9% in 2023, then slumped by 85 bps to 2.13% in 2024, then plunged by 139 bps to 0.83% in 2025, then jumped by 841 bps to 6.13% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 6.13% in Q2 2026, 1.68% in Q1 2026, and 0.83% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn | 37.39% |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn | 33.74% |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn | 42.49% |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn | 20.11% |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn | 18.52% |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn | 29.88% |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn | 20.43% |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn | 16.98% |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn | 20.66% |
| 10 | Veeco Instruments | 2.74 Bn | 2.31 Bn | 74.83 Mn | 6.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.13% |
| Mar 31, 2026 | -1.68% |
| Dec 31, 2025 | -0.83% |
| Sep 30, 2025 | 6.36% |
| Jun 30, 2025 | 7.45% |
| Mar 31, 2025 | 8.46% |
| Dec 31, 2024 | 2.13% |
| Sep 30, 2024 | 13.17% |
| Jun 30, 2024 | 9.51% |
| Mar 31, 2024 | 12.63% |
| Dec 31, 2023 | 13.90% |
| Sep 30, 2023 | 12.55% |
| Jun 30, 2023 | 8.47% |
| Mar 31, 2023 | 6.39% |
| Dec 31, 2022 | 8.71% |
| Sep 30, 2022 | 10.22% |
| Jun 30, 2022 | 7.82% |
| Mar 31, 2022 | 10.56% |
| Dec 31, 2021 | 11.52% |
| Sep 30, 2021 | 10.93% |