
Veeco Instruments Inc
NASDAQ:VECO

Income Statement
Earnings Waterfall
Veeco Instruments Inc
Revenue
|
717.3m
USD
|
Cost of Revenue
|
-413.3m
USD
|
Gross Profit
|
304m
USD
|
Operating Expenses
|
-208.9m
USD
|
Operating Income
|
95.1m
USD
|
Other Expenses
|
-21.4m
USD
|
Net Income
|
73.7m
USD
|
Income Statement
Veeco Instruments Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
393
N/A
|
400
+2%
|
437
+9%
|
484
+11%
|
477
-1%
|
457
-4%
|
401
-12%
|
345
-14%
|
332
-4%
|
348
+5%
|
385
+11%
|
429
+11%
|
476
+11%
|
540
+13%
|
585
+8%
|
583
0%
|
542
-7%
|
483
-11%
|
423
-12%
|
405
-4%
|
419
+3%
|
425
+1%
|
425
+0%
|
428
+1%
|
454
+6%
|
483
+6%
|
531
+10%
|
569
+7%
|
583
+2%
|
606
+4%
|
624
+3%
|
645
+3%
|
646
+0%
|
643
0%
|
641
0%
|
646
+1%
|
666
+3%
|
687
+3%
|
702
+2%
|
709
+1%
|
717
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(258)
|
(264)
|
(282)
|
(308)
|
(300)
|
(283)
|
(244)
|
(210)
|
(199)
|
(213)
|
(245)
|
(272)
|
(300)
|
(341)
|
(367)
|
(369)
|
(348)
|
(311)
|
(270)
|
(257)
|
(261)
|
(255)
|
(250)
|
(246)
|
(260)
|
(281)
|
(310)
|
(334)
|
(341)
|
(353)
|
(366)
|
(381)
|
(383)
|
(384)
|
(379)
|
(377)
|
(381)
|
(389)
|
(395)
|
(400)
|
(413)
|
|
Gross Profit |
135
N/A
|
136
+1%
|
155
+13%
|
176
+14%
|
177
+0%
|
174
-2%
|
157
-10%
|
136
-13%
|
133
-2%
|
136
+2%
|
140
+3%
|
157
+12%
|
176
+12%
|
198
+13%
|
218
+10%
|
214
-2%
|
194
-9%
|
172
-11%
|
153
-11%
|
149
-3%
|
158
+7%
|
170
+7%
|
176
+3%
|
182
+4%
|
194
+7%
|
203
+4%
|
221
+9%
|
235
+6%
|
242
+3%
|
253
+5%
|
258
+2%
|
264
+3%
|
263
0%
|
259
-1%
|
262
+1%
|
269
+3%
|
285
+6%
|
298
+5%
|
306
+3%
|
309
+1%
|
304
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(181)
|
(185)
|
(192)
|
(194)
|
(196)
|
(194)
|
(189)
|
(186)
|
(178)
|
(168)
|
(169)
|
(190)
|
(217)
|
(244)
|
(257)
|
(239)
|
(223)
|
(206)
|
(193)
|
(193)
|
(187)
|
(181)
|
(175)
|
(170)
|
(170)
|
(175)
|
(186)
|
(185)
|
(186)
|
(190)
|
(194)
|
(200)
|
(203)
|
(206)
|
(208)
|
(210)
|
(214)
|
(216)
|
(221)
|
(221)
|
(209)
|
|
Selling, General & Administrative |
(90)
|
(91)
|
(94)
|
(94)
|
(90)
|
(87)
|
(83)
|
(79)
|
(78)
|
(77)
|
(80)
|
(91)
|
(100)
|
(108)
|
(109)
|
(100)
|
(92)
|
(86)
|
(81)
|
(82)
|
(80)
|
(78)
|
(76)
|
(75)
|
(76)
|
(78)
|
(82)
|
(84)
|
(85)
|
(87)
|
(89)
|
(89)
|
(89)
|
(89)
|
(89)
|
(90)
|
(92)
|
(93)
|
(94)
|
(97)
|
(100)
|
|
Research & Development |
(81)
|
(80)
|
(79)
|
(78)
|
(79)
|
(82)
|
(83)
|
(84)
|
(81)
|
(74)
|
(71)
|
(75)
|
(82)
|
(91)
|
(98)
|
(97)
|
(98)
|
(97)
|
(95)
|
(94)
|
(91)
|
(86)
|
(83)
|
(79)
|
(79)
|
(82)
|
(85)
|
(88)
|
(89)
|
(91)
|
(94)
|
(100)
|
(104)
|
(107)
|
(108)
|
(110)
|
(113)
|
(115)
|
(119)
|
(123)
|
(125)
|
|
Depreciation & Amortization |
(13)
|
(18)
|
(23)
|
(26)
|
(28)
|
(25)
|
(22)
|
(22)
|
(19)
|
(17)
|
(18)
|
(25)
|
(36)
|
(46)
|
(50)
|
(42)
|
(32)
|
(23)
|
(17)
|
(17)
|
(17)
|
(17)
|
(16)
|
(16)
|
(15)
|
(15)
|
(14)
|
(13)
|
(12)
|
(12)
|
(11)
|
(11)
|
(10)
|
(10)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
|
Other Operating Expenses |
3
|
4
|
4
|
4
|
1
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
1
|
0
|
1
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
2
|
2
|
7
|
22
|
|
Operating Income |
(46)
N/A
|
(49)
-6%
|
(37)
+24%
|
(18)
+52%
|
(18)
-3%
|
(20)
-10%
|
(33)
-61%
|
(51)
-55%
|
(45)
+11%
|
(32)
+28%
|
(28)
+12%
|
(33)
-17%
|
(41)
-24%
|
(46)
-12%
|
(39)
+16%
|
(25)
+36%
|
(29)
-16%
|
(34)
-18%
|
(40)
-18%
|
(44)
-10%
|
(29)
+34%
|
(11)
+61%
|
0
N/A
|
13
+3 150%
|
24
+84%
|
28
+18%
|
36
+26%
|
50
+40%
|
57
+14%
|
64
+13%
|
63
-1%
|
65
+2%
|
60
-7%
|
54
-11%
|
55
+2%
|
60
+9%
|
71
+19%
|
82
+16%
|
85
+4%
|
87
+2%
|
95
+9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
(3)
|
(7)
|
(12)
|
(17)
|
(18)
|
(19)
|
(19)
|
(18)
|
(18)
|
(18)
|
(17)
|
(17)
|
(18)
|
(20)
|
(21)
|
(23)
|
(25)
|
(26)
|
(27)
|
(26)
|
(22)
|
(18)
|
(14)
|
(9)
|
(7)
|
(5)
|
(3)
|
(1)
|
0
|
1
|
1
|
2
|
|
Non-Reccuring Items |
(33)
|
(65)
|
(65)
|
(60)
|
(5)
|
(3)
|
(18)
|
(75)
|
(75)
|
(78)
|
(81)
|
(29)
|
(31)
|
(32)
|
(270)
|
(267)
|
(387)
|
(384)
|
(128)
|
(128)
|
(10)
|
(10)
|
(13)
|
(11)
|
(9)
|
(9)
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
(28)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(21)
|
(21)
|
(21)
|
(21)
|
0
|
0
|
0
|
0
|
(5)
|
(5)
|
(5)
|
(5)
|
0
|
0
|
(97)
|
(97)
|
(97)
|
(97)
|
0
|
0
|
0
|
|
Pre-Tax Income |
(78)
N/A
|
(113)
-44%
|
(101)
+10%
|
(77)
+24%
|
(23)
+71%
|
(22)
+3%
|
(49)
-124%
|
(124)
-153%
|
(119)
+4%
|
(113)
+5%
|
(116)
-3%
|
(74)
+36%
|
(89)
-20%
|
(96)
-8%
|
(328)
-241%
|
(310)
+5%
|
(434)
-40%
|
(436)
-1%
|
(186)
+57%
|
(189)
-2%
|
(78)
+59%
|
(60)
+23%
|
(53)
+12%
|
(40)
+24%
|
(9)
+79%
|
(5)
+36%
|
10
N/A
|
18
+90%
|
26
+41%
|
37
+42%
|
40
+10%
|
46
+14%
|
51
+11%
|
46
-9%
|
(48)
N/A
|
(41)
+15%
|
(28)
+30%
|
(15)
+49%
|
87
N/A
|
89
+2%
|
69
-22%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
12
|
8
|
3
|
(2)
|
(9)
|
(6)
|
(3)
|
(3)
|
(3)
|
8
|
23
|
26
|
26
|
16
|
31
|
28
|
25
|
25
|
(4)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
116
|
116
|
115
|
118
|
(2)
|
(3)
|
(3)
|
(8)
|
5
|
|
Income from Continuing Operations |
(67)
|
(105)
|
(98)
|
(79)
|
(32)
|
(28)
|
(52)
|
(127)
|
(122)
|
(105)
|
(94)
|
(48)
|
(63)
|
(80)
|
(297)
|
(282)
|
(409)
|
(412)
|
(190)
|
(192)
|
(79)
|
(61)
|
(54)
|
(41)
|
(8)
|
(5)
|
9
|
18
|
26
|
37
|
40
|
46
|
167
|
162
|
67
|
77
|
(30)
|
(17)
|
83
|
80
|
74
|
|
Net Income (Common) |
(67)
N/A
|
(105)
-57%
|
(98)
+6%
|
(79)
+20%
|
(32)
+60%
|
(28)
+11%
|
(52)
-83%
|
(127)
-144%
|
(122)
+4%
|
(105)
+14%
|
(94)
+11%
|
(48)
+49%
|
(51)
-8%
|
(69)
-34%
|
(286)
-315%
|
(271)
+5%
|
(407)
-50%
|
(410)
-1%
|
(188)
+54%
|
(191)
-1%
|
(79)
+59%
|
(61)
+23%
|
(54)
+12%
|
(41)
+23%
|
(8)
+80%
|
(5)
+37%
|
9
N/A
|
18
+90%
|
26
+47%
|
37
+42%
|
40
+9%
|
46
+15%
|
167
+261%
|
162
-3%
|
67
-59%
|
77
+14%
|
(30)
N/A
|
(17)
+43%
|
83
N/A
|
80
-3%
|
74
-8%
|
|
EPS (Diluted) |
-1.7
N/A
|
-2.66
-56%
|
-2.48
+7%
|
-1.92
+23%
|
-0.8
+58%
|
-0.73
+9%
|
-1.34
-84%
|
-3.25
-143%
|
-3.1
+5%
|
-2.61
+16%
|
-2.19
+16%
|
-1.01
+54%
|
-1.16
-15%
|
-1.46
-26%
|
-6.03
-313%
|
-5.76
+4%
|
-8.62
-50%
|
-8.74
-1%
|
-3.98
+54%
|
-4.01
-1%
|
-1.66
+59%
|
-1.28
+23%
|
-1.12
+13%
|
-0.83
+26%
|
-0.17
+80%
|
-0.11
+35%
|
0.18
N/A
|
0.34
+89%
|
0.49
+44%
|
0.56
+14%
|
0.68
+21%
|
0.7
+3%
|
2.54
+263%
|
2.7
+6%
|
1.27
-53%
|
1.29
+2%
|
-0.56
N/A
|
-0.28
+50%
|
1.32
N/A
|
1.28
-3%
|
1.2
-6%
|