Veeco Instruments (VECO) Work In Process (2010 - 2026)
Veeco Instruments (VECO) reported Work In Process of $87.2 million for Q1 2026, down 0.55% YoY from $87.7 million in Q1 2025, and up 7.78% on a QoQ basis from $80.9 million in Q4 2025.
Veeco Instruments (VECO) Work In Process (2010 - 2026) Analysis & Trends
Veeco Instruments has reported Work In Process for 17 years, with the latest figure at $87.2 million in Q1 2026.
- Work In Process for Q1 2026 came in at $87.2 million, down 0.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $87.2 million (down 0.55% YoY), and the FY2025 annual result was $80.9 million, down 8.39% from the prior year.
- Work In Process came in at $87.2 million for Q1 2026 at Veeco Instruments, up from $80.9 million in the prior quarter.
- The five-year high for Work In Process was $94.7 million in Q2 2025, with the low at $60.8 million in Q1 2022.
- A 5-year average of $77.9 million and a median of $80.4 million in 2023 frame the typical range for Work In Process.
- Annual changes were most pronounced in 2023 — Work In Process surged 41.44% — and 2025, when it declined 8.39%.
- Veeco Instruments' Work In Process stood at $68.8 million in 2022, then increased by 3.65% to $71.3 million in 2023, then increased by 23.97% to $88.4 million in 2024, then retreated by 8.39% to $80.9 million in 2025, then increased by 7.78% to $87.2 million in 2026.
- The last three Work In Process figures came in at $87.2 million (Q1 2026), $80.9 million (Q4 2025), and $86.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 3 | Lam Research | 369.24 Bn | 364.49 Bn | 2.91 Bn |
| 4 | Kla | 240.65 Bn | 238.86 Bn | 2.09 Bn |
| 5 | Teradyne | 58.07 Bn | 57.82 Bn | 780.95 Mn |
| 6 | Qnity Electronics | 27.70 Bn | 26.85 Bn | 618.00 Mn |
| 7 | Entegris | 18.25 Bn | 17.80 Bn | 380.80 Mn |
| 8 | Onto Innovation | 12.83 Bn | 12.17 Bn | 146.39 Mn |
| 9 | Amkor Technology | 12.41 Bn | 9.90 Bn | 318.59 Mn |
| 10 | Veeco Instruments | 3.01 Bn | 2.63 Bn | 55.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 87.24 Mn |
| Dec 31, 2025 | 80.95 Mn |
| Sep 30, 2025 | 85.97 Mn |
| Jun 30, 2025 | 94.74 Mn |
| Mar 31, 2025 | 87.73 Mn |
| Dec 31, 2024 | 88.36 Mn |
| Sep 30, 2024 | 81.51 Mn |
| Jun 30, 2024 | 76.48 Mn |
| Mar 31, 2024 | 75.34 Mn |
| Dec 31, 2023 | 71.28 Mn |
| Sep 30, 2023 | 86.35 Mn |
| Jun 30, 2023 | 80.45 Mn |
| Mar 31, 2023 | 73.68 Mn |
| Dec 31, 2022 | 68.77 Mn |
| Sep 30, 2022 | 61.05 Mn |
| Jun 30, 2022 | 63.37 Mn |
| Mar 31, 2022 | 60.82 Mn |
| Dec 31, 2021 | 54.13 Mn |
| Sep 30, 2021 | 64.13 Mn |
| Jun 30, 2021 | 59.77 Mn |