VECO at a glance
VEECO INSTRUMENTS INC (VECO, SEC CIK 103145) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on August 5, 2026, an 8-K current report on August 5, 2026 and Form 4 insider filings as recently as August 19, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), VEECO INSTRUMENTS INC (VECO) reported revenue of $664.3 million (down 7.4% from FY2024) and net income of $35.4 million. Diluted EPS was $0.59.
- As of June 30, 2026, 31 institutional investment managers tracked by SignalX reported holding VEECO INSTRUMENTS INC (VECO) shares worth $3.1 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Miller William John on August 17, 2026 of 5,969 shares at $52.85 per share.
- In the last 90 days, VECO insiders reported 0 open-market purchases ($0) and 8 open-market sales ($12.6M) on Form 4, a net sale of $12.6M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $664.3M
- −7.4% vs prior year
- Insiders · 90 days
- 0 buys · 8 sells
- Net −$12.6M
- 13F holders
- 31 funds
- $3.1B · +0 vs prior quarter
- Latest 8-K
- Aug 5, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: Manufacturer of advanced semiconductor process equipment for AI chips, 5G, photonics, data storage, and advanced packaging markets
- New emphasis on Merger with Axcelis Technologies, Inc. announced Sept 2025, pending regulatory approval, expected to make Veeco a subsidiary
- Strategic focus increased on next-gen nanosecond laser annealing tech targeting advanced logic and memory devices at future nodes
- Backlog grew to $554.9M at Dec 31, 2025 from $409.6M prior year, indicating strong order book expansion
- Workforce headcount at 1,265 with 162 new hires in 2025; voluntary turnover 7.6%, average tenure over 8 years reflecting strong retention
Risk Factors
- Regulatory risk: U.S. Export Administration Regulations restrict sales to China with export licenses now presumed denied, impacting revenue and shipments to key customers
- Geopolitical risk: Russia-Ukraine conflict threatens supply of critical neon and palladium, requiring longer purchase commitments for semiconductor raw materials
- Operational risk: Quarterly results volatile due to dependence on a small number of high-priced system sales with last-minute order timing
- Competitive risk: Chinese government-backed competitors growing due to substantial state investments and potential exclusion of U.S. firms from China market
- Financial risk: Debt facilities include covenants potentially limiting ability to raise capital or repurchase Notes upon fundamental change
Management Discussion & Analysis
- Revenue $664.3M, down 7% YoY from $717.3M; Semiconductor up 2% to $476.6M, Compound Semiconductor down 23%, Data Storage down 60%
- Operating margin 5.4% in 2025 vs 9.3% in 2024; Gross margin 40% down from 42%; Operating income $35.7M vs $67.0M prior year
- Best performing segment: Semiconductor $476.6M revenue, up 2%; Worst performing: Data Storage $39.2M, down 60%
- Operating cash flow $69.5M up from $63.8M; Capex $16.2M down from $18.1M; Financing cash used $10.5M; no buybacks or dividends disclosed
- Management expects 2026 growth from advanced node logic, memory, advanced packaging, and new platforms in Compound Semiconductor and Data Storage markets; risks include tariffs and market variability
AI summary of the VECO 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Q2 revenue $193.5M, up 16% YoY from $166.1M
- Operating margin 6% vs 7% YoY; gross margin 39% vs 41%
- Best market Data Storage revenue $22.2M, up 80%; Semiconductor $130.7M, up 5%
- Cash, restricted cash and investments $429.4M vs $390.2M at December 31, 2025
- Operating cash flow $59.4M vs $29.0M; capital expenditures $8.8M vs $10.4M YoY
- Outlook: semiconductor growth led by AI; tariff and trade dynamics remain headwinds
Risk Factors
- No risk-factors section provided; submitted text covers Items 2–6 and executive trading arrangements
- CFO Rule 10b5-1 plan covering 35,000 shares from August 10, 2026 to August 6, 2027
- CEO Rule 10b5-1 plan covering 200,000 shares from August 17, 2026 to December 31, 2026
- Senior Vice President Rule 10b5-1 plan covering 20,000 shares from September 1, 2026 to June 2, 2027
AI summary of the VECO 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results covered quarter ended June 30, 2026
- Press release issued August 5, 2026, with related conference call
Item EX-99.1: Item EX-99.1
- Q2 revenue $193.5M, up from $166.1M, signaling strong demand across semiconductor equipment markets
- GAAP EPS $0.18 versus $0.20, while non-GAAP EPS $0.33 versus $0.36, reflecting higher costs and share dilution
Item 5.07: Submission of Matters to a Vote of Security Holders
- All three director nominees elected, including Kathleen A. Bayless, Gordon Hunter, and Lena Nicolaides
- 2019 Stock Incentive Plan amendment approved, with 52,097,302 votes for
Item 2.02: Results of Operations and Financial Condition
- Q1 2026 results covered quarter ended March 31, 2026
- Earnings release issued May 5, 2026
Item EX-99.1: Item EX-99.1
- Q1 revenue fell to $158.3M from $167.3M, while GAAP net income swung to a $0.3M loss from $11.9M profit
- Gross margin contracted to 35.3% from 40.9%, with operating loss of $2.7M versus $14.1M operating income
AI summaries of VECO 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for VECO
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- Fund moves. Which tracked funds opened, added or cut VECO, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Miller William John | Sell | Aug 17, 2026 | 5,969 | $52.85 |
| Miller William John | Sell | Aug 17, 2026 | 123,334 | $54.07 |
| Miller William John | Sell | Aug 17, 2026 | 70,697 | $54.49 |
| RAYMOND MARY JANE | G | Aug 13, 2026 | 3,000 | - |
| KIERNAN JOHN P | Sell | Aug 10, 2026 | 800 | $53.44 |
| KIERNAN JOHN P | Sell | Aug 10, 2026 | 20,256 | $50.42 |
| KIERNAN JOHN P | Sell | Aug 10, 2026 | 10,236 | $51.29 |
| KIERNAN JOHN P | Sell | Aug 10, 2026 | 2,100 | $52.50 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $717.3M | $664.3M |
| Gross Profit | - | $304.0M | $265.4M |
| Operating Income | - | $67.0M | $35.7M |
| Net Income | - | $73.7M | $35.4M |
| Gross Margin | - | 42.4% | 40.0% |
| Op. Margin | - | 9.3% | 5.4% |
| Net Margin | - | 10.3% | 5.3% |
| Balance Sheet | |||
| Total Assets | $1.2B | $1.3B | $1.3B |
| Equity | $672.4M | $770.8M | $885.5M |
| ROE | - | 9.6% | 4.0% |
| Per Share | |||
| EPS | - | $1.23 | $0.59 |
| Cash Flow | |||
| Operating CF | - | $63.8M | $69.5M |
| CapEx | - | $18.1M | $16.2M |
Source: XBRL data in VEECO INSTRUMENTS INC (VECO)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate VECO share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 31 | $3.07B |
| Q1 2026 | 31 | $1.35B |
| Q4 2025 | 30 | $1.03B |
| Q3 2025 | 29 | $1.08B |
| Q2 2025 | 30 | $654.3M |
| Q1 2025 | 27 | $378.1M |
| Q4 2024 | 23 | $464.9M |
| Q3 2024 | 20 | $273.2M |
- T. Rowe Price Group+1.68M (+1377%)
- Franklin Resources+1.11M (+3085%)
- BlackRock+197.9K (+2%)
- State Street Corp+111.6K (+5%)
- Millennium Management+90.8K (+13%)
- WESTWOOD HOLDINGS GROUP INC−1.04M (-49%)
- Dimensional Fund Advisors−736.6K (-31%)
- Goldman Sachs Group−421.5K (-40%)
- D.E. Shaw & Co−399.8K (-90%)
- Raymond James Financial−104.7K (-18%)
- Truist Financial+5.3K
- Mangrove Partners−56.2K
Source: 13F-HR filings on SEC EDGAR (aggregated from 221 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
VECO filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Aug 19, 2026 | - | - | - |
| 4 | Aug 14, 2026 | - | - | - |
| 4 | Aug 12, 2026 | - | - | - |
| 10-Q | Aug 5, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 5, 2026 | - | Analysis | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 8, 2026 | - | - | |
| 4 | Jun 2, 2026 | - | - | |
| 4 | May 28, 2026 | - | - | |
| 4 | May 27, 2026 | - | - | |
| 4 | May 27, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 13, 2026 | - | - | |
| 4 | May 13, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - |
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VECO SEC filings: frequently asked questions
Are VECO insiders buying or selling?
In the last 90 days, VEECO INSTRUMENTS INC (VECO) officers, directors and 10% owners reported no open-market purchases and 8 open-market sales worth $12.6 million by 2 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold VECO stock?
As of June 30, 2026, the largest VEECO INSTRUMENTS INC (VECO) holders among the 13F filers tracked by SignalX were BlackRock ($728.1 million), FMR LLC (Fidelity) ($686.8 million), Vanguard Portfolio Management LLC ($357.5 million), Vanguard Capital Management LLC ($197.3 million), State Street Corp ($196.3 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was VECO's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), VEECO INSTRUMENTS INC (VECO) reported revenue of $664.3 million (down 7.4% from FY2024) and net income of $35.4 million. Diluted EPS was $0.59. The figures come from the XBRL data in the 10-K.
What are the main risks in VECO's latest 10-K?
In the 10-K filed February 25, 2026, VEECO INSTRUMENTS INC (VECO) flagged: Regulatory risk: U.S. Export Administration Regulations restrict sales to China with export licenses now presumed denied, impacting revenue and shipments to key customers. Geopolitical risk: Russia-Ukraine conflict threatens supply of critical neon and palladium, requiring longer purchase commitments for semiconductor raw materials. (AI summary of the Risk Factors section.)
What did VECO report in its latest 8-K?
VEECO INSTRUMENTS INC (VECO) filed an 8-K on August 5, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Q2 2026 results covered quarter ended June 30, 2026.
What are the latest VECO SEC filings?
VEECO INSTRUMENTS INC (VECO) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on August 5, 2026, an 8-K current report on August 5, 2026 and a Form 4 insider filing on August 19, 2026.
What is VECO's SEC CIK number?
VEECO INSTRUMENTS INC (VECO)'s SEC Central Index Key (CIK) is 103145. EDGAR lists every VECO filing under that number.
Ask anything about VECO
The research agent reads VECO's filings, financials, insider trades and 13F holders, then answers with sources.