Quarterly ResultAug 5, 2026, 04:23 PM
Veeco Q2 Revenue $193.5M, Exceeds Expectations
AI Summary
Veeco Instruments reported strong Q2 2026 financial results, with revenue of $193.5 million, an increase of 16.5% year-over-year, and non-GAAP diluted EPS of $0.33. The company exceeded its own guidance for the quarter, driven by increased demand from the rapid expansion of AI and robust order activity, including $200 million in Advanced Packaging orders. Veeco also provided optimistic guidance for Q3 and revised its full-year 2026 outlook, expressing confidence in its long-term growth.
Key Highlights
- Q2 2026 revenue increased 16.5% to $193.5 million from $166.1 million year-over-year.
- Q2 2026 GAAP diluted EPS was $0.18, compared to $0.20 in Q2 2025.
- Q2 2026 Non-GAAP diluted EPS was $0.33, compared to $0.36 in Q2 2025.
- Secured $200 million in Advanced Packaging orders during the quarter.
- Q3 2026 revenue guidance set between $200 million and $220 million.
- Q3 2026 Non-GAAP diluted EPS guidance is $0.35 to $0.49.
- Revised FY 2026 revenue guidance to $780 million to $810 million.
- Revised FY 2026 Non-GAAP diluted EPS guidance to $1.36 to $1.61.
Price Impact
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