Veeco Reports Record Q4 Semiconductor Equipment Revenue, Strong Order Backlog
Veeco reported record revenue from its semiconductor equipment segment in Q4 2025, driven by robust demand for deposition and etch tools. Management highlighted chipmakers’ capacity expansions fueling a rising equipment order backlog, underpinning a positive outlook for early 2026.
1. Q4 Record Semiconductor Revenue
Veeco’s semiconductor equipment division achieved its highest-ever quarterly revenue in Q4 2025, anchored by strong sales of atomic layer deposition and plasma etch systems used in advanced logic and memory manufacturing.
2. Demand Drivers
Management cited accelerated capacity expansions among major chipmakers as the primary driver, with customers committing to new tool orders to support next-generation device production.
3. Backlog Supports Growth
The company reported its equipment order backlog reached record levels by the end of December, providing revenue visibility and a foundation for continued growth into early 2026.