Veeco Instruments Inc balance sheet
At the end of fiscal 2025, Veeco Instruments Inc had total assets of $1.33bn, total liabilities of $440m and shareholders' equity of $886m. It held $163m in cash against $226m of debt.
Balance sheet
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 149 | 245 | 218 | 385 | 211 | 271 | 269 | 277 | 280 | 212 | 129 | 130 | 120 | 155 | 159 | 146 | 163 | 214 |
| Receivables | — | 151 | 95 | 63 | 24 | 60 | 50 | 58 | 99 | 67 | 46 | 80 | 110 | 124 | 103 | 97 | 111 | 148 |
| Inventory | — | 108 | 113 | 60 | 60 | 61 | 77 | 77 | 120 | 156 | 133 | 146 | 171 | 207 | 238 | 247 | 275 | 292 |
| Total current assets | — | 1,023 | 755 | 744 | 614 | 556 | 542 | 502 | 597 | 520 | 476 | 587 | 549 | 669 | 706 | 765 | 845 | 930 |
| Goodwill | 52 | 52 | 56 | 56 | 91 | 115 | 115 | 115 | 307 | 184 | 182 | 182 | 182 | 182 | 215 | 215 | 215 | 215 |
| Total assets | — | 1,148 | 936 | 937 | 948 | 929 | 891 | 759 | 1,387 | 901 | 818 | 898 | 899 | 1,128 | 1,229 | 1,252 | 1,326 | 1,414 |
| Accounts payable | — | 32 | 40 | 26 | 36 | 18 | 30 | 23 | 50 | 40 | 21 | 34 | 44 | 52 | 42 | 44 | 55 | 57 |
| Deferred revenue (current) | — | 4 | — | — | — | — | — | — | — | — | — | — | — | 127 | 118 | 65 | 74 | 124 |
| Total current liabilities | — | 382 | 167 | 112 | 128 | 168 | 162 | 144 | 224 | 160 | 118 | 147 | 189 | 258 | 218 | 192 | 178 | 237 |
| Short-term debt | — | 101 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | 20 | — | 26 | — | — |
| Long-term debt | — | 3 | 2 | 2 | 2 | 2 | 1 | 1 | 276 | 287 | 300 | 321 | 229 | 254 | 275 | 250 | 226 | 227 |
| Total debt | 0 | 104 | 3 | 2 | 2 | 2 | 2 | 1 | 276 | 287 | 300 | 321 | 229 | 275 | 275 | 276 | 226 | 227 |
| Total liabilities | — | — | 176 | 126 | 168 | 191 | 176 | 164 | 547 | 463 | 444 | 490 | 461 | 550 | 557 | 481 | 440 | 512 |
| Shareholders' equity | 359 | 763 | 761 | 811 | 780 | 739 | 715 | 602 | 840 | 438 | 375 | 408 | 438 | 578 | 672 | 771 | 886 | 903 |
| Shares outstanding | — | 40m | 39m | 39m | 40m | 40m | 41m | 41m | 48m | 48m | 49m | 50m | 51m | — | 56m | 57m | 60m | 61m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 132 | 97 | 114 | 107 | 116 | 111 | 151 | 148 |
| Inventory | 242 | 247 | 254 | 259 | 263 | 275 | 282 | 292 |
| Total current assets | 761 | 765 | 795 | 792 | 810 | 845 | 873 | 930 |
| Goodwill | 215 | 215 | 215 | 215 | 215 | 215 | 215 | 215 |
| Total assets | 1,273 | 1,252 | 1,279 | 1,275 | 1,290 | 1,326 | 1,353 | 1,414 |
| Accounts payable | 50 | 44 | 58 | 50 | 44 | 55 | 60 | 57 |
| Deferred revenue (current) | 80 | 65 | 57 | 58 | 57 | 74 | 93 | 124 |
| Total current liabilities | 215 | 192 | 179 | 155 | 151 | 178 | 207 | 237 |
| Short-term debt | 26 | 26 | — | — | — | — | — | — |
| Long-term debt | 249 | 250 | 250 | 225 | 226 | 226 | 226 | 227 |
| Total debt | 276 | 276 | 250 | 225 | 226 | 226 | 226 | 227 |
| Total liabilities | 526 | 481 | 467 | 419 | 414 | 440 | 469 | 512 |
| Shareholders' equity | 747 | 771 | 812 | 856 | 876 | 886 | 884 | 903 |
| Shares outstanding | 57m | 57m | 58m | 60m | 60m | 60m | 61m | 61m |
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