维易科精密仪器 2025年度报告

FORM10-K (Mark One) ☒ANNUAL REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF1934 Securities registered pursuant to Section12(b)of the Act: Securities registered pursuant to Section12(g)of the Act:None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☒No☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐No☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject tosuch filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files). Yes☒No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Smaller reporting company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule12b-2 of the Act).☐Yes☒No Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of itsinternal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accountingfirm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrantincluded in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ The aggregate market value of the common stock held by non-affiliates of the registrant at June 27, 2025 (the last business day of theregistrant’s most recently completed second quarter) was $1,205,043,869 based on the closing price of $20.52 on the NASDAQ Global SelectMarket on that date. As of February 19, 2026, there were 60,392,058 shares of the registrant’s common stock, par value $0.01 per share, outstanding. DOCUMENTS INCORPORATED BY REFERENCE Certain portions of the definitive Proxy Statement to be used in connection with the Registrant’s 2026 Annual Meeting of Stockholders areincorporated by reference into Part III of this Form 10-K. VEECO INSTRUMENTS INC. INDEX PARTI Item 1. Business5Item 1A. Risk Factors13Item 1B. Unresolved Staff Comments33Item 1C. Cybersecurity33Item 2. Properties35Item 3. Legal Proceedings35Item 4. Mine Safety Disclosures35 PARTII36 Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchasesof Equity Securities36Stock Performance Graph37Item 6. [Reserved]37Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations38Item 7A. Quantitative and Qualitative Disclosures about Market Risk47Item 8. Financial Statements and Supplementary Data47Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure48Item 9A. Controls and Procedures48Item 9B. Other Information50 PARTIII This Annual Report on Form10-K (“Form10-K”) contains certain forward-looking statements within themeaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, asamended, relating to Veeco Instruments Inc. (together with its consolidated subsidiaries, “Veeco,” the“Company,” “Registrant,” “we,” “our,” or “us,” unless the context indicates otherwise) that are based onmanagement’s expectations, estimates, projections, and assumptions. When used in this Form10-K, wordssuch as “expects,” “anticipates,” “plans,” “believes,” “scheduled,” “estimates,” and variations of thesewords and similar expressions are intended to identify forward-looking statements. Discussions containingsuch forward-looking statem