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Veeco Instrument (VECO)

Veeco Instrument (VECO)
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Veeco Instruments Inc. is engaged in the design, development, manufacture and support of thin film process equipment, primarily sold to make electronic devices. Veeco's process equipment solutions enable the manufacture of LEDs, power electronics, hard drives, MEMS and wireless chips. They are the market leader in MOCVD, MBE, Ion Beam and other advanced thin film process technologies. The Company's portfolio of technology solutions focus on market areas, including Lighting, Display & Power Electronics; Advanced Packaging, micro-electromechanical systems (MEMS) & radio frequency (RF); Scientific & Industrial, and Data Storage. The Company's System products include Metal Organic Chemical Vapor Deposition Systems, Precision Surface Processing Systems, Ion Beam Etch and Deposition Systems, Molecular Beam Epitaxy Systems, and Other Deposition and Industrial Products. The Company's original name `Veeco` stood for Vacuum Electronic Equipment Company.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 664,290 717,300 666,440 646,140 583,280
Sales Growth -7.39% +7.63% +3.14% +10.78% +28.43%
Net Income 35,390 73,710 -30,370 166,940 26,040
Net Income Growth -51.99% +342.71% -118.19% +541.09% +410.37%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 1,325,800 1,251,580 1,229,040 1,128,180 898,980
Total Assets Growth +5.93% +1.83% +8.94% +25.50% +0.10%
Total Liabilities 440,290 480,810 556,600 550,360 461,350
Total Liabilities Growth -8.43% -13.62% +1.13% +19.29% -5.79%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 69,490 63,820 61,670 108,480 67,740
Operating Cash Flow Growth +8.88% +3.49% -43.15% +60.14% +57.46%
Net Cash Flow 17,650 -13,300 3,650 35,000 -9,810
Change in Net Cash Flow +232.71% -464.38% -89.57% +456.78% -3,072.72%
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