Veeco Q4 2025 revenue $165M (-9% YoY); GAAP EPS $0.02 vs $0.26; expects FY26 revenue $740-800M

VEECO INSTRUMENTS INC

2025-FY EPS reported $0.59 revenue$664,294,000

Q4 revenue $165.0M vs $182.1M YoY; GAAP net income $1.1M ($0.02 diluted EPS) vs $15.0M ($0.26).
Non-GAAP net income Q4 $14.7M ($0.24 diluted) vs $24.2M ($0.41) YoY.
Full year 2025 revenue $664.3M vs $717.3M; GAAP EPS $0.59 vs $1.23; Non-GAAP EPS $1.33 vs $1.74.
Q1 2026 guidance: revenue $150-170M, GAAP EPS ($0.03)-$0.07, Non-GAAP EPS $0.14-0.24.
CEO cites accelerating bookings, AI/HPC demand, and planned merger with Axcelis for 2026 growth.

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