维易科精密仪器 2025年季度报告

VEECO INSTRUMENTS INC. Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or15(d)of the Securities Exchange Act of 1934 during the preceding 12months (or for such shorter period that the Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required tobe submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months If an emerging growth company, indicate by check mark if the registrant has elected not to use the extendedtransition period for complying with any new or revised financial accounting standards provided pursuant to VEECO INSTRUMENTSINC. INDEX Safe Harbor StatementPARTI—FINANCIAL INFORMATIONItem1. Financial StatementsItem2. Management’s Discussion and Analysis of Financial Condition and Results ofOperationsItem3. Quantitative and Qualitative Disclosures about Market RiskItem4. Controls and ProceduresPARTII—OTHER INFORMATIONItem1. Legal ProceedingsItem1A. Risk FactorsItem2. Unregistered Sales of Equity Securities and Use of ProceedsItem3. Defaults Upon Senior SecuritiesItem4. Mine Safety DisclosuresItem5. Other InformationItem6. ExhibitsSIGNATURES Safe Harbor Statement This quarterly report on Form10-Q (the “Report”) contains forward-looking statements within themeaning of Section27A of the Securities Act of 1933, as amended, and Section21E of the SecuritiesExchange Act of 1934, as amended, relating to Veeco Instruments Inc. (together with its consolidatedsubsidiaries, “Veeco,” the “Company,” “Registrant,” “we,” “our,” or “us,” unless the context indicatesotherwise) that are based on management’s expectations, estimates, projections, and assumptions.When used in this Report, the words such as “expects,” “anticipates,” “plans,” “believes,” In addition, the preparation of financial statements in conformity with U.S. Generally AcceptedAccounting Principles (“U.S. GAAP”) requires management to make estimates and assumptions thataffect the amounts reported in the financial statements and accompanying notes. Although theseestimates and assumptions are based on knowledge of current events and planned actions to beundertaken in the future, they may ultimately differ from actual results. Operating results for the three Forward-looking statements in this discussion include, but are not limited to, those regardinganticipated growth and trends in our business and markets, industry outlooks and demand drivers, ourinvestment and growth strategies, our development of new products and technologies, our businessoutlook for the current and future periods, and other statements that are not historical facts. Factors ●Changes in U.S. and foreign trade policies, including the recent imposition of tariffs,together with the prospect of additional foreign and domestic trade restrictions; ●Risks associated with operating a global business, including ongoing trade disputes betweenthe U.S. and China; ●An inability to obtain required export licenses for the sale of our products; ●Unfavorable market conditions; ●Significant third party competition; ●Risks associated with operating in industries characterized by rapid technological change;●Our dependency on the demand for consumer electronic products and automobiles; ●Our concentrated customer base; ●The cyclicality of the industries we serve; ●A failure to estimate customer demand accurately; ●Our reliance on a limited number of suppliers, some of whom are our sole source forparticular components; Table of Contents ●A failure to successfully manage our outsourcing activities or a failure of our outsourcingpartners to perform as anticipated; ●The timing of our orders, shipments, and revenue recognition; ●Our long and unpredictable sales cycles; ●Customer order cancellations or modifications;●Risks associated with business combinations, acquisitions, strategic investments anddivestitures;●Risks associated with global regulatory requirements;●Disruptions in our information technology systems or data security incidents;●An inability to effectively enforce and protect our intellectual property rights;●Claims of intellectual property infringement by others;●Tightening credit markets;●Foreign currency exchange risks; ●Asset impairment charges; ●Changes in accounting pronouncements or taxation rules, practices, or rates;●Restrictions, covenants and repurchase provisions appearing in our current debt facilities;●Possible impairment to our ability to utilize our research and development creditscarryforwards caused by the issuance of common stock upon the conversion of the Notes, orby the capped call transactions or the hedging activities of the option counterparties;●Our capped call transactions, which may affect the value of the 2027 Notes and our commonstock;●An inability to attract, retain, and motivate employees;●Risks associated with non-compliance wi