VEECO INSTRUMENTS INC (VECO) Form 8-K — Aug 5, 2026

$VECOForm 8-KItems 2.02, 9.01Filed Aug 5, 2026, 4:15 PM ET0001104659-26-091118Original filing

Veeco Instruments reported second quarter 2026 revenue of $193.5 million, up from $166.1 million a year earlier and above the company's own prior guidance of $170M-$190M. GAAP net income was $11.9 million ($0.18 per diluted share) and non-GAAP net income was $21.8 million ($0.33 per diluted share), with non-GAAP EPS topping the guided $0.20-$0.32 range. CEO Bill Miller said the company exceeded market expectations, crediting the rapid expansion of AI for increased demand, robust order activity, and deeper customer engagement. Veeco secured $200 million in Advanced Packaging orders during the quarter and highlighted strengthening visibility into 2027.

Key figures

Eps: $0.18 GAAP diluted / $0.33 non-GAAP diluted (vs $0.20 GAAP / $0.36 non-GAAP in Q2 2025)
Revenue: 193500000
Guidance: Q3 2026: revenue $200M-$220M, GAAP diluted EPS $0.20-$0.34, non-GAAP diluted EPS $0.35-$0.49. FY2026: revenue $780M-$810M, GAAP diluted EPS $0.78-$1.02, non-GAAP diluted EPS $1.36-$1.61
Net Income: $11.9M GAAP / $21.8M non-GAAP (vs $11.7M GAAP / $21.5M non-GAAP in Q2 2025)
Total Debt: 226543000
Revenue Yoy: +16.5% (vs $166.1M in Q2 2025)
Total Assets: 1414465000
Cash Position: $214.5M cash and cash equivalents ($429M including short-term investments)
Gaap Gross Margin: 38.7% (vs 41.4% in Q2 2025)
Q2 Prior Guidance: $170M-$190M revenue, $0.20-$0.32 non-GAAP EPS (as of May 5, 2026)
Prior Year Revenue: $166.1M
Non Gaa PGross Margin: 39.5%
Diluted Share Count Q2: 66.8M weighted average diluted shares (vs 60.2M in Q2 2025)
Convertible Notes2029: $230M principal, 2.875% coupon, due June 2029, initial conversion price $29.22
Non Gaa POperating Income: $23.1M (flat vs $23.1M in Q2 2025)
Advanced Packaging Orders: $200M secured in Advanced Packaging orders
Merger Related Expenses Q2: $1.5M

Price after filing

1 day: 0.0%7 days: -1.0%30 days: -20.9%

Close on the filing date to close N calendar days later (from $53.80). Historical, not a forecast.

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