Veeco Instruments (VECO) Tax Provisions (2010 - 2026)

Veeco Instruments (VECO) posted Tax Provisions of -$1.2 million for Q1 2026, down 167.45% sequentially from $1.8 million in Q4 2025, and down 139.51% YoY from $3.0 million in Q1 2025.

Veeco Instruments (VECO) Tax Provisions (2010 - 2026) Analysis & Trends

Veeco Instruments (VECO) has 17 years of Tax Provisions data on file, last reported at -$1.2 million in Q1 2026.

  • Quarterly Tax Provisions fell 139.51% year-over-year to -$1.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.7 million (down 54.14% YoY) and the FY2025 annual result came in at $7.0 million, up 81.32% from the prior year.
  • Tax Provisions slipped to -$1.2 million in Q1 2026 per VECO's latest filing, from $1.8 million in the prior quarter.
  • The five-year high for Tax Provisions was $4.8 million in Q4 2023, with the low at -$117.1 million in Q4 2022.
  • Average Tax Provisions over 5 years is -$6.0 million, with a median of $889000.0 recorded in 2025.
  • Year-over-year, Tax Provisions plunged 8521.65% in 2022 and soared 238.95% in 2025.
  • Veeco Instruments' Tax Provisions stood at -$117.1 million in 2022, then soared by 104.06% to $4.8 million in 2023, then tumbled by 139.54% to -$1.9 million in 2024, then jumped by 194.58% to $1.8 million in 2025, then plunged by 167.45% to -$1.2 million in 2026.
  • Business Quant data shows VECO's Tax Provisions at -$1.2 million in Q1 2026, $1.8 million in Q4 2025, and $1.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn 419.00 Mn
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn 186.10 Mn
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn 215.77 Mn
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn 62.16 Mn
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn 56.00 Mn
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn 1.00 Mn
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn 12.30 Mn
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn 396,000.00
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn 3.77 Mn
10 Veeco Instruments 43.02 Mn -340.31 Mn 55.83 Mn -1.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.20 Mn
Dec 31, 2025 1.78 Mn
Sep 30, 2025 1.28 Mn
Jun 30, 2025 889,000.00
Mar 31, 2025 3.04 Mn
Dec 31, 2024 -1.88 Mn
Sep 30, 2024 2.71 Mn
Jun 30, 2024 2.13 Mn
Mar 31, 2024 896,000.00
Dec 31, 2023 4.76 Mn
Sep 30, 2023 -2.10 Mn
Jun 30, 2023 1.29 Mn
Mar 31, 2023 300,000.00
Dec 31, 2022 -117.08 Mn
Sep 30, 2022 200,000.00
Jun 30, 2022 533,000.00
Mar 31, 2022 384,000.00
Dec 31, 2021 -1.36 Mn
Sep 30, 2021 400,000.00
Jun 30, 2021 300,000.00