VECO Q2 FY2026 earnings: EPS beat by 28.0%
Veeco Instruments reported Q2 FY2026. EPS came in at $0.33 against a $0.26 consensus, beat by 28.0%. Gross margin was 39.0%, up 420 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $0.33 | $0.26 | beat by 28.0% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $193.5M | +22.2% | +16.5% |
| Gross profit | $75.5M | +37.0% | +9.9% |
| Operating income | $8.0M | +546.3% | -35.6% |
| Net income | $11.9M | +3759.6% | +1.1% |
| Diluted EPS | $0.19 | +3618.5% | -5.0% |
| Gross margin: 39.0%. |
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The trend
Revenue is up 16.5% from the same quarter last year. Gross margin sits at 39.0%, 390 bps off its 8-quarter high.
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How it stacks up
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