VEECO INSTRUMENTS INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $332.5m $484.8m $542.1m $419.3m $454.2m $583.3m $646.1m $666.4m $717.3m $664.3m
Revenue from Contract with Customer, Including Assessed Tax $332.5m $484.8m $542.1m $419.3m $454.2m $583.3m $646.1m $666.4m $717.3m $664.3m
Cost of Revenue $199.6m $300.4m $348.4m $261.2m $259.9m $341.0m $383.0m $381.4m $413.3m $398.9m
Gross Profit $132.9m $184.3m $193.7m $158.2m $194.3m $242.3m $263.1m $285.1m $304.0m $265.4m
Operating Expenses $253.3m $248.1m $609.2m $197.8m $171.7m $185.6m $202.9m $215.1m $237.0m $229.7m
Operating Income (Loss) ($120.4m) ($63.8m) ($415.5m) ($39.6m) $22.6m $56.7m $60.3m $69.9m $67.0m $35.7m
Additional Financial Items
Amortization of Intangible Assets $19.2m $35.5m $32.4m $17.1m $15.3m $12.3m $10.0m $8.5m $7.0m $3.1m
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount $404k
Foreign Currency Transaction Gain (Loss), before Tax $430k
Goodwill, Impairment Loss $0 $122.8m
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($123.0m) ($96.8m) ($286.6m) ($78.5m) ($10.3m) $23.6m $47.4m ($33.4m) $99.7m $35.7m
Investment Income, Interest $1.2m $2.3m $3.2m $4.7m $1.6m $2.3m $2.2m $10.6m $12.9m $13.5m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $80.9m ($78.0m) ($8.5m) $25.7m $51.0m ($28.3m) $68.8m $39.4m
Net Income (Loss) Attributable to Parent ($122.2m) ($44.8m) ($407.1m) ($78.7m) ($8.4m) $26.0m $166.9m ($30.4m) $73.7m $35.4m
Net Income (Loss) Available to Common Stockholders, Basic ($122.2m) ($44.8m) ($407.1m) ($78.7m) ($8.4m) $26.0m $166.9m ($30.4m) $73.7m $35.4m
Earnings Per Share, Basic ($3.11) ($1.01) ($8.63) ($1.66) ($0.17) $0.53 $3.35 ($0.56) $1.31 $0.60
Earnings Per Share, Diluted ($3.11) ($1.01) ($8.63) ($1.66) ($0.17) $0.49 $2.71 ($0.56) $1.23 $0.59
Weighted Average Number of Shares Outstanding, Basic 39.3m 44.2m 47.2m 47.5m 48.4m 49.1m 49.9m 53.8m 56.4m 59.3m
Weighted Average Number of Shares Outstanding, Diluted 39.3m 44.2m 47.2m 47.5m 48.4m 53.6m 65.6m 53.8m 61.6m 60.6m
Selling, General and Administrative Expense $77.6m $100.2m $92.1m $79.7m $76.3m $84.5m $89.0m $92.8m $99.7m $98.9m
Other Nonoperating Income (Expense) ($21.0m) ($7.8m) ($5.0m) ($97.1m) ($653k)
Interest Expense (non-operating) $11.0m $9.1m
Business Combination, Acquisition Related Costs $17.8m $3.0m $8.9m
Current Income Tax Expense (Benefit) $1.8m ($2.2m) $874k $417k $226k $293k $2.1m $4.2m $3.8m $7.0m
Interest Expense $222k $19.5m $21.5m $22.1m $24.7m $28.4m $11.5m $11.8m $11.0m $9.1m
Interest Expense, Debt $24.6m $26.3m $10.8m $10.0m $9.7m $8.1m
Research and Development Expense $81.0m $82.0m $97.8m $90.6m $79.0m $88.7m $103.6m $112.9m $124.5m $119.6m
Income Tax Expense (Benefit) $2.8m ($36.1m) ($26.7m) $777k ($73k) ($358k) ($116.0m) $2.0m ($4.9m) $4.0m
Other Operating Income (Expense), Net ($223k) $392k ($368k) $42k $221k ($68k) ($317k) ($1.0m) $22.3m $889k