Veeco Instruments (VECO) Tax Rate (2010 - 2026)
Veeco Instruments' Tax Rate was 9.21% in Q2 2026, up 2.08 percentage points from 7.13% a year earlier but down 71.70 percentage points from the prior quarter.
Veeco Instruments (VECO) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Veeco Instruments' Tax Rate was 0.41% through Jun 30, 2026, up 7.41 percentage points year-over-year; for FY2025, it was 10.16%, up 17.25 percentage points from FY2024.
- Tax Rate has now increased for three consecutive years, with a five-year change of +9.29 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -7.09% in FY2024 (+0.07 pp), -7.16% in FY2023 (+220.27 pp), -227.43% in FY2022 (-226.04 pp) and -1.39% in FY2021 (-2.26 pp).
- Quarterly Tax Rate has moved between -989.37% (Q4 2022) and 1281.91% (Q4 2025) over five years.
- Compared with a year earlier, Tax Rate has increased for three straight quarters, with an average year-over-year change of +170.67 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q4 2025 (a gain of 1525.54 percentage points); the worst was Q4 2022 (a drop of 969.02 percentage points).
- Per Business Quant data, VECO's Tax Rate in the three quarters before Q2 2026 was 80.92% (Q1 2026), 1281.91% (Q4 2025) and 10.95% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn | 16.53% |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn | 18.05% |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn | 14.32% |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn | 14.88% |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn | 9.88% |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn | - |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn | - |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn | 10.87% |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn | 12.69% |
| 10 | Veeco Instruments | 2.66 Bn | 1.09 Bn | 74.83 Mn | 9.21% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.21% |
| Sep 30, 2025 | 10.95% |
| Jun 30, 2025 | 7.13% |
| Mar 31, 2025 | 20.27% |
| Sep 30, 2024 | 10.98% |
| Jun 30, 2024 | 12.46% |
| Mar 31, 2024 | 3.96% |
| Dec 31, 2023 | 10.53% |
| Mar 31, 2023 | 3.33% |
| Sep 30, 2022 | 1.36% |
| Jun 30, 2022 | 5.23% |
| Mar 31, 2022 | 2.92% |
| Sep 30, 2021 | 4.37% |
| Jun 30, 2021 | 4.78% |
| Mar 31, 2021 | 10.74% |
| Sep 30, 2020 | 26.68% |
| Sep 30, 2015 | 21.26% |
| Jun 30, 2012 | 28.73% |
| Mar 31, 2012 | 22.16% |
| Dec 31, 2011 | 27.46% |
Veeco Instruments Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=VECO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "VECO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=VECO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();