Lam Research vs Veeco Instruments: revenue, profit, margins and growth compared
Lam Research brought in $23.2B of revenue in fiscal 2026, Veeco Instruments $664.3M in fiscal 2025. Revenue changed by +26.0% at Lam Research and -7.4% at Veeco Instruments on the year before, so Lam Research grew faster. Lam Research kept 31.3% of its revenue as net profit, Veeco Instruments 5.3%. Free cash flow was $4.9B at Lam Research and $53.3M at Veeco Instruments.
Fiscal years as each company reports them; the two may end in different months.
Questions about Lam Research and Veeco Instruments
Which is bigger by revenue, Lam Research or Veeco Instruments?
Lam Research is bigger by revenue: $23.2B in fiscal 2026, against $664.3M for Veeco Instruments in fiscal 2025.
Which keeps more of its revenue as profit, Lam Research or Veeco Instruments?
Lam Research had a net margin of 31.3% in fiscal 2026; Veeco Instruments had 5.3% in fiscal 2025.
Which grew revenue faster, Lam Research or Veeco Instruments?
In their latest fiscal years revenue changed by +26.0% at Lam Research and -7.4% at Veeco Instruments.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.