# VEECO INSTRUMENTS INC (VECO) FY2024 Annual P&L / Income Statement

- Company: VEECO INSTRUMENTS INC (VECO)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-14, accession number 0001558370-25-001001
- Page: https://plicit.ai/financials/veco/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/veco-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 717,301,000 US dollars
- **Cost of sales**: 413,296,000 US dollars
- **Gross profit**: 304,005,000 US dollars
- **Total operating expenses, net**: 237,024,000 US dollars
- **Operating income**: 66,981,000 US dollars
- **Other income (expense), net (calculated)**: 1,853,000 US dollars
- **Income (loss) before income taxes**: 68,834,000 US dollars
- **Income tax expense (benefit)**: negative 4,880,000 US dollars
- **Net income (loss)**: 73,714,000 US dollars
- **Semiconductor**: 466,611,000 US dollars
- **Compound Semiconductor**: 77,591,000 US dollars
- **Data Storage**: 98,852,000 US dollars
- **Scientific & Other**: 74,247,000 US dollars
- **Research and development**: 124,507,000 US dollars
- **Selling, general, and administrative**: 99,663,000 US dollars
- **Amortization of intangible assets**: 6,983,000 US dollars
- **Asset impairment**: 28,131,000 US dollars
- **Other operating expense (income), net**: negative 22,260,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/veco/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/veco-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 717,301,000 US dollars
- **Cost of sales**: 413,296,000 US dollars
- **Gross profit**: 304,005,000 US dollars
- **Total operating expenses, net**: 237,024,000 US dollars
- **Operating income**: 66,981,000 US dollars
- **Other income (expense), net (calculated)**: 1,853,000 US dollars
- **Income (loss) before income taxes**: 68,834,000 US dollars
- **Income tax expense (benefit)**: negative 4,880,000 US dollars
- **Net income (loss)**: 73,714,000 US dollars
- **UNITED STATES**: 164,564,000 US dollars
- **EMEA**: 61,730,000 US dollars
- **CHINA**: 255,619,000 US dollars
- **Rest of APAC**: 234,591,000 US dollars
- **Rest Of World**: 797,000 US dollars
- **Research and development**: 124,507,000 US dollars
- **Selling, general, and administrative**: 99,663,000 US dollars
- **Amortization of intangible assets**: 6,983,000 US dollars
- **Asset impairment**: 28,131,000 US dollars
- **Other operating expense (income), net**: negative 22,260,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.