Veeco Instruments (VECO) Research & Development (2010 - 2026)

Veeco Instruments (VECO) reported Research & Development of $29.9 million for Q1 2026, up 4.77% YoY from $28.5 million in Q1 2025, and down 2.3% on a QoQ basis from $30.6 million in Q4 2025.

Veeco Instruments (VECO) Research & Development (2010 - 2026) Analysis & Trends

Veeco Instruments has reported Research & Development for 17 years, with the latest figure at $29.9 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $29.9 million, up 4.77% year-over-year; the trailing twelve-month figure through Mar 2026 was $121.0 million (down 1.93% YoY), and the FY2025 annual result was $119.6 million, down 3.91% from the prior year.
  • Research & Development came in at $29.9 million for Q1 2026 at Veeco Instruments, down from $30.6 million in the prior quarter.
  • The five-year high for Research & Development was $32.2 million in Q3 2024, with the low at $24.1 million in Q1 2022.
  • A 5-year average of $28.8 million and a median of $29.0 million in 2025 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2022 — Research & Development climbed 23.21% — and 2025, when it slipped 10.02%.
  • Veeco Instruments' Research & Development stood at $26.3 million in 2022, then rose by 10.49% to $29.1 million in 2023, then gained by 6.4% to $31.0 million in 2024, then dropped by 1.21% to $30.6 million in 2025, then retreated by 2.3% to $29.9 million in 2026.
  • The last three Research & Development figures came in at $29.9 million (Q1 2026), $30.6 million (Q4 2025), and $29.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (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 233.00 Mn
3 Lam Research 369.24 Bn 364.49 Bn 2.91 Bn 583.20 Mn
4 Kla 240.65 Bn 238.86 Bn 2.09 Bn 388.76 Mn
5 Teradyne 58.07 Bn 57.82 Bn 780.95 Mn 135.56 Mn
6 Qnity Electronics 27.70 Bn 26.85 Bn 618.00 Mn 94.00 Mn
7 Entegris 18.25 Bn 17.80 Bn 380.80 Mn 75.30 Mn
8 Onto Innovation 12.83 Bn 12.17 Bn 146.39 Mn 21.46 Mn
9 Amkor Technology 12.41 Bn 9.90 Bn 318.59 Mn 39.83 Mn
10 Veeco Instruments 3.01 Bn 2.63 Bn 55.83 Mn 29.88 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 29.88 Mn
Dec 31, 2025 30.58 Mn
Sep 30, 2025 28.99 Mn
Jun 30, 2025 31.56 Mn
Mar 31, 2025 28.51 Mn
Dec 31, 2024 30.95 Mn
Sep 30, 2024 32.22 Mn
Jun 30, 2024 31.70 Mn
Mar 31, 2024 29.64 Mn
Dec 31, 2023 29.09 Mn
Sep 30, 2023 28.82 Mn
Jun 30, 2023 27.38 Mn
Mar 31, 2023 27.56 Mn
Dec 31, 2022 26.33 Mn
Sep 30, 2022 27.10 Mn
Jun 30, 2022 26.02 Mn
Mar 31, 2022 24.12 Mn
Dec 31, 2021 22.28 Mn
Sep 30, 2021 22.00 Mn
Jun 30, 2021 22.55 Mn