Veeco Instruments (VECO) Tax Provisions (2010 - 2026)
Veeco Instruments (VECO) reported Tax Provisions of -$1.2 million for Q1 2026, down 138.16% YoY from $3.0 million in Q1 2025, and down 137.74% on a QoQ basis from $3.1 million in Q4 2025.
Veeco Instruments (VECO) Tax Provisions (2010 - 2026) Analysis & Trends
Veeco Instruments has reported Tax Provisions for 17 years, with the latest figure at -$1.2 million in Q1 2026.
- Tax Provisions for Q1 2026 came in at -$1.2 million, down 138.16% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.1 million (down 75.23% YoY), and the FY2025 annual result was $8.3 million, down 42.78% from the prior year.
- Tax Provisions came in at -$1.2 million for Q1 2026 at Veeco Instruments, down from $3.1 million in the prior quarter.
- The five-year high for Tax Provisions was $8.8 million in Q4 2024, with the low at -$2.1 million in Q3 2023.
- A 5-year average of $1.2 million and a median of $900000.0 in 2024 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2023 — Tax Provisions slumped 139000.0% — and 2024, when it surged 730.31%.
- Veeco Instruments' Tax Provisions stood at $1000.0 in 2022, then plunged by 139000.0% to -$1.4 million in 2023, then soared by 730.31% to $8.8 million in 2024, then slumped by 64.92% to $3.1 million in 2025, then sank by 137.74% to -$1.2 million in 2026.
- The last three Tax Provisions figures came in at -$1.2 million (Q1 2026), $3.1 million (Q4 2025), and $1.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (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 | 419.00 Mn |
| 3 | Lam Research | 369.24 Bn | 364.49 Bn | 2.91 Bn | 186.10 Mn |
| 4 | Kla | 240.65 Bn | 238.86 Bn | 2.09 Bn | 215.77 Mn |
| 5 | Teradyne | 58.07 Bn | 57.82 Bn | 780.95 Mn | 62.16 Mn |
| 6 | Qnity Electronics | 27.70 Bn | 26.85 Bn | 618.00 Mn | 56.00 Mn |
| 7 | Entegris | 18.25 Bn | 17.80 Bn | 380.80 Mn | 1.00 Mn |
| 8 | Onto Innovation | 12.83 Bn | 12.17 Bn | 146.39 Mn | 4.30 Mn |
| 9 | Amkor Technology | 12.41 Bn | 9.90 Bn | 318.59 Mn | 28.31 Mn |
| 10 | Veeco Instruments | 3.01 Bn | 2.63 Bn | 55.83 Mn | -1.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.16 Mn |
| Dec 31, 2025 | 3.07 Mn |
| Sep 30, 2025 | 1.30 Mn |
| Jun 30, 2025 | 900,000.00 |
| Mar 31, 2025 | 3.04 Mn |
| Dec 31, 2024 | 8.76 Mn |
| Sep 30, 2024 | 2.71 Mn |
| Jun 30, 2024 | 2.10 Mn |
| Mar 31, 2024 | 900,000.00 |
| Dec 31, 2023 | -1.39 Mn |
| Sep 30, 2023 | -2.10 Mn |
| Jun 30, 2023 | 1.30 Mn |
| Mar 31, 2023 | 263,000.00 |
| Dec 31, 2022 | 1,000.00 |
| Sep 30, 2022 | 200,000.00 |
| Jun 30, 2022 | 533,000.00 |
| Mar 31, 2022 | 400,000.00 |
| Dec 31, 2021 | -1.61 Mn |
| Sep 30, 2021 | 411,000.00 |
| Jun 30, 2021 | 300,000.00 |