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
DateValue
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