Veeco reports Q1 2026 revenue of $158.3M with slight GAAP loss but strong non-GAAP profit, expects growth from AI and silicon photonics.

Veeco Instruments Inc. reported Q1 2026 revenue of $158.3 million, down from $167.3 million a year earlier, with a GAAP net loss of $0.3 million but a non-GAAP net income of $8.9 million. The company highlighted strong demand driven by AI data centers and silicon photonics, positioning it for multi-year growth. For Q2 2026, Veeco expects revenue between $170 million and $190 million and anticipates continued profitability. The full-year 2026 guidance remains revenue of $740 million to $800 million with GAAP earnings per share between $0.83 and $1.17.