PDF Solutions vs Veeco Instruments
Veeco Instruments reported revenue of $664 million in fiscal 2025, 3.0 times PDF Solutions' $219 million in fiscal 2025. PDF Solutions' revenue grew 22.0% in its latest year, and Veeco Instruments' fell 7.4%. PDF Solutions had an operating margin of 2.7%, against 5.4% at Veeco Instruments. Free cash flow was −$9 million at PDF Solutions and $53 million at Veeco Instruments.
Side by side
| PDF Solutions | Veeco Instruments | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $219M | $664M |
| Revenue growth | 22.0% | −7.4% |
| Revenue growth a year, last 5 years | 20.0% | 7.9% |
| Gross margin | 72.3% | 40.0% |
| Operating margin | 2.7% | 5.4% |
| Net margin | −0.3% | 5.3% |
| Free cash flow | −$9M | $53M |
| Free cash flow margin | −3.9% | 8.0% |
| Return on capital | 1.4% | 4.5% |
| Net debt to EBITDA | 2.5x | −3.0x |
| Dividends and buybacks | $0M | $0M |
| Change in diluted share count | 0.7% | −1.6% |
| Last close | $37.61 | $37.19 |
| P/E at the last close | 99.0× | 90.7× |
| Insider trades, last 12 months | sold $227,984 | sold $37.6 million |
| Piotroski F-score | 4 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
PDF SolutionsVeeco Instruments
Operating margin
Percent of revenue
PDF SolutionsVeeco Instruments
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
PDF SolutionsVeeco Instruments
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the PDF Solutions and Veeco Instruments pages.