Veeco Instruments Inc. (VECO)
NASDAQ:VECO
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Earnings Data
Report Date
Aug 10, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.28Last Year’s EPS
0.36Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized meaningful commercial wins (notably the $250M+ indium phosphide-related orders), clear positioning in AI-driven markets, capacity expansion plans and reiterated full-year guidance — all supporting a positive multi-year growth outlook. Near-term challenges include a modest sequential revenue mix shift, a gross margin impact from a delayed China shipment requiring export licensing (~$8M), increased working capital, and some product evaluations requiring further engineering before high-volume adoption. Overall, the positives (large strategic orders, SAM expansions and capacity plans) materially outweigh the near-term operational and regional headwinds.Company Guidance
Revenue and EPS in Line with Guidance
Q1 revenue of $158.0M, non-GAAP operating income of $9M and non-GAAP diluted EPS of $0.14 — all within the company's guidance ranges.
Large Strategic Orders for Silicon Photonics
Received over $250M in orders for MOCVD, wet processing and SPECTOR Ion Beam Deposition tools to support indium phosphide laser manufacturing; deliveries begin in 2026 with significant ramp expected in 2027 (shipping against orders beginning Q3 2026 with most significant ramp in Q1 2027).
Strong Market Positioning for AI-Driven WFE
Management highlighted differentiation across annealing (LSA/NSA), Ion Beam Deposition, wet processing and MOCVD aligned to AI, HBM, advanced packaging and silicon photonics opportunities; reiterated full-year 2026 revenue guidance of $740M–$800M and non-GAAP diluted EPS $1.50–$1.85.
Capacity Expansion Plans to Meet Demand
Plans to expand SPECTOR IBD capacity ~10x from current base by early 2027 with potential further doubling; expanding wet-processing capacity (onsite and via contract manufacturer) and broader manufacturing footprint expansions to support rising demand and timely deliveries.
Attractive Long-Term Served Available Markets (SAM)
Management projected large SAMs by 2030: annealing $1.3B, IBD/EUV/pellicles $500M, Advanced Packaging $1.0B; compound semi SAMs include indium phosphide lasers $700M, other photonics $550M and GaN Power $250M — supporting multi-year growth narratives.
Positive Near-Term Outlook and Reiterated Guidance
Q2 outlook: revenue $170M–$190M, gross margin 38%–40%, OpEx $52M–$55M, net income $12M–$21M and diluted EPS $0.20–$0.32 (on 64M shares); management reiterated full-year guidance and expects growth to accelerate H2'26 into 2027.
Improving Order Visibility into 2027
Accelerated bookings activity and customer engagements have provided visibility with significant orders and ship schedules extending well into 2027; data storage, advanced packaging and indium phosphide laser orders cited as contributors.
VECO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VECO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $49.54 | $62.01 | +25.17% |
Feb 25, 2026 | $28.46 | $30.67 | +7.77% |
Nov 05, 2025 | $29.45 | $29.15 | -1.02% |
Aug 06, 2025 | $19.94 | $22.94 | +15.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Veeco Instruments Inc. (VECO) report earnings?
Veeco Instruments Inc. (VECO) is schdueled to report earning on Aug 10, 2026, Before Open (Confirmed).
What is Veeco Instruments Inc. (VECO) earnings time?
Veeco Instruments Inc. (VECO) earnings time is at Aug 10, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is VECO EPS forecast?
VECO EPS forecast for the fiscal quarter 2026 (Q2) is 0.28.