Veeco Instruments Inc. (VECO) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 7.93M | 24.93M | 15.53M | 9.04M | 19.99M | 28.39M | 17.61M | 8.46M | 9.36M | 29.48M | 7.05M | 11.22M | 13.92M | 33.11M | 47.2M | 3.38M | 24.79M | 17.09M | 29.92M | 10.24M |
| Operating CF Margin % | 5.01% | 15.11% | 9.36% | 5.44% | 11.95% | 15.58% | 9.53% | 4.81% | 5.37% | 16.95% | 3.98% | 6.94% | 9.07% | 21.53% | 27.46% | 2.06% | 15.85% | 11.17% | 19.91% | 7% |
| Operating CF Growth % | -60.31% | -12.19% | -11.81% | 6.94% | 113.57% | -3.73% | 149.7% | -24.62% | -32.74% | -10.95% | -85.06% | 231.77% | -43.85% | 93.7% | 57.77% | -67% | 136.41% | 10.78% | 197.98% | -48.64% |
| Net Income | -324K | 1.11M | 10.6M | 11.73M | 11.95M | 14.96M | 21.44M | 14.94M | 21.85M | 21.64M | 24.57M | -85.32M | 8.74M | 128.92M | 15.04M | 9.65M | 13.33M | 8.2M | 8.99M | 6.35M |
| Depreciation & Amortization | 5.04M | 4.98M | 4.9M | 5.1M | 5.04M | 5.94M | 6.13M | 6.63M | 6.41M | 2.12M | 6.18M | 6.16M | 6.28M | 6.54M | 6.35M | 6.51M | 6.24M | 6.42M | 6.45M | 6.37M |
| Stock-Based Compensation | 8.51M | 0 | 9.14M | 9.65M | 9.21M | 9.11M | 9.46M | 9.23M | 8.08M | 6.18M | 7.42M | 7.93M | 7.03M | 6.03M | 6.21M | 6.28M | 4.48M | 3.51M | 4.13M | 4.37M |
| Deferred Taxes | -1.09M | -3.41M | -240K | -900K | 1.57M | -10.61M | 1.95M | 775K | -842K | -183K | -2.81M | 587K | 191K | -118M | -25K | -2K | -16K | -639K | -29K | 21K |
| Other Non-Cash Items | -4.2M | 8.4M | 283K | 293K | 257K | 12.43M | -71.09M | 789K | -329K | 3.88M | 1.48M | 97.87M | 226K | 243K | 242K | 239K | 238K | 8.07M | 3.66M | 3.59M |
| Working Capital Changes | 0 | 13.84M | -9.15M | -16.84M | -8.02M | -3.44M | 49.72M | -23.91M | -25.81M | -4.15M | -29.79M | -16.01M | -8.54M | 9.38M | 19.39M | -19.3M | 515K | -8.47M | 6.72M | -10.45M |
| Change in Receivables | -26.72M | 2.02M | -4.54M | 4.94M | -14.01M | 29.2M | -31.31M | 9.04M | -13.48M | 24.65M | -1.24M | -13.3M | 3.16M | 32.12M | -28.6M | -16.35M | 2.82M | -26.66M | 8.17M | -14.35M |
| Change in Inventory | -6.93M | -11.99M | -4.33M | -4.93M | -7.32M | -4.61M | 2.98M | -1.84M | -4.84M | 13.96M | -4.58M | -18.78M | -25.76M | -19.17M | -12.24M | 2.38M | -8.25M | 76K | -6.58M | -7.82M |
| Change in Payables | 12.52M | 6.81M | -4.1M | -20.36M | 0 | 0 | 9.38M | -14.68M | 17.62M | -18.05M | 139K | -4.33M | 0 | 0 | 11.54M | -17.61M | 14.77M | 20.23M | 0 | 0 |
| Cash from Investing | 17.69M | -53.41M | -12.13M | 9.54M | 14.52M | -45.72M | -29.61M | -9.94M | 20.73M | -26.15M | -29.55M | 3.13M | -762K | -47.72M | 4.8M | -14.8M | -11.16M | 101.62M | -22.39M | -36.1M |
| Capital Expenditures | -5.1M | -5.18M | -2.58M | -3.6M | -6.75M | -5.18M | -3.99M | -2.95M | -5.99M | -10.7M | -6.39M | -3.89M | 0 | 0 | -6.35M | -4.5M | -10.92M | -9.19M | -22.37M | -7.13M |
| CapEx % of Revenue | 3.22% | 3.14% | 1.55% | 2.16% | 4.04% | 2.84% | 2.16% | 1.68% | 3.43% | 6.15% | 3.61% | 2.41% | 4.52% | 1.84% | 3.69% | 2.75% | 6.98% | 6.01% | 14.89% | 4.87% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | -2.03M | 0 | 2.03M | 15.45M | 6.39M | 3.89M | -30.37M | 0 | -11.15M | 10.3M | 0 | 1.73M | 22.37M | 7.13M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 25.1M | 0 | 0 | 0 | 0 | 2.03M | 0 | 0 | -15.45M | -6.39M | -3.89M | -6.95M | -2.83M | 11.15M | -10.3M | 0 | 0 | -22.37M | -7.13M |
| Cash from Financing | -9.56M | -1.31M | 820K | -4.71M | -5.28M | -254K | 895K | 1.62M | -14.84M | -1.05M | -1.66M | 25.47M | -27.44M | 359K | 77K | 803K | -5.79M | -120.48M | -669K | -135K |
| Debt Issued (Net) | 0 | 0 | 0 | -5.23M | 0 | 0 | 0 | 0 | 0 | -2.5M | 0 | 24.38M | -20.17M | 0 | 0 | 0 | 0 | -115.6M | 0 | 0 |
| Equity Issued (Net) | 0 | 909K | 931K | 1.48M | 1.4M | 935K | 1.18M | 1.87M | 1.32M | 912K | 1.09M | 1.38M | 1.24M | 789K | 780K | 1.13M | 998K | 693K | 844K | 987K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -9.56M | -2.22M | -111K | -957K | -6.67M | -1.19M | -287K | -248K | -16.16M | 538K | -2.75M | -292K | -8.51M | -430K | -703K | -328K | -6.79M | -5.57M | -1.51M | -1.12M |
| Net Change in Cash | 16.07M | -29.76M | 4.23M | 13.92M | 29.25M | -17.67M | -10.97M | 129K | 15.2M | 2.32M | -24.16M | 39.76M | -14.28M | -14.2M | 52.02M | -10.67M | 7.84M | -1.76M | 6.84M | -26M |
| Free Cash Flow | 2.83M | 21.65M | 12.96M | 5.45M | 13.24M | 23.21M | 13.62M | 5.5M | 3.37M | 18.79M | 659K | 7.33M | 6.97M | 30.28M | 40.85M | -1.12M | 13.87M | 7.9M | 7.55M | 3.12M |
| FCF Margin % | 1.79% | 13.12% | 7.81% | 3.28% | 7.91% | 12.74% | 7.37% | 3.13% | 1.93% | 10.8% | 0.37% | 4.53% | 4.54% | 19.69% | 23.76% | -0.68% | 8.87% | 5.17% | 5.02% | 2.13% |
| FCF Growth % | -78.61% | -6.69% | -4.9% | -1% | 292.67% | 23.53% | 1967.22% | -24.91% | -51.65% | -37.95% | -98.39% | 753.61% | -49.73% | 283.1% | 441.18% | -135.99% | 62.56% | -33.92% | -12.9% | -83.66% |
| FCF per Share | 0.05 | 0.36 | 0.21 | 0.09 | 0.22 | 0.38 | 0.22 | 0.09 | 0.06 | 0.31 | 0.01 | 0.14 | 0.12 | 0.46 | 0.63 | -0.02 | 0.21 | 0.14 | 0.14 | 0.06 |
| FCF Conversion (FCF/Net Income) | -24.49x | 22.38x | 1.47x | 0.77x | 1.67x | 1.90x | 0.80x | 0.57x | 0.43x | 1.36x | 0.29x | -0.13x | 1.59x | 0.26x | 3.14x | 0.35x | 1.86x | 2.08x | 3.33x | 1.61x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 4.02M | 0 | 4.06M | 619K | 4.49M | 668K | 3.88M | 2.74M | 2.38M | 2.72M | 2.44M | 2.59M | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 68K | 435K | 1.54M | 992K | 1.23M | 878K | 2.6M | 386K | 85K | 266K | 560K | 523K | 0 | 0 | 0 |