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Side-by-side financial comparison of SONO TEK CORP (SOTK) and VEECO INSTRUMENTS INC (VECO). Click either name above to swap in a different company.

VEECO INSTRUMENTS INC is the larger business by last-quarter revenue ($165.0M vs $5.0M, roughly 33.0× SONO TEK CORP). SONO TEK CORP runs the higher net margin — 6.8% vs 0.7%, a 6.1% gap on every dollar of revenue. On growth, SONO TEK CORP posted the faster year-over-year revenue change (-3.6% vs -9.4%). VEECO INSTRUMENTS INC produced more free cash flow last quarter ($21.7M vs $1.1M). Over the past eight quarters, SONO TEK CORP's revenue compounded faster (2.5% CAGR vs -2.8%).

Sono Tek Corp is a U.S.-headquartered technology firm that designs, produces and sells precision ultrasonic spray coating systems, nozzles and related accessories. Its solutions serve electronics manufacturing, medical device production, energy storage and industrial processing sectors, catering to global commercial clients and research institutions.

Veeco Instruments Inc. is a global capital equipment supplier, headquartered in the U.S., that designs and builds processing systems used in semiconductor and compound semiconductor manufacturing, data storage and scientific markets for applications such as advanced packaging, photonics, power electronics and display technologies.

SOTK vs VECO — Head-to-Head

Bigger by revenue
VECO
VECO
33.0× larger
VECO
$165.0M
$5.0M
SOTK
Growing faster (revenue YoY)
SOTK
SOTK
+5.8% gap
SOTK
-3.6%
-9.4%
VECO
Higher net margin
SOTK
SOTK
6.1% more per $
SOTK
6.8%
0.7%
VECO
More free cash flow
VECO
VECO
$20.5M more FCF
VECO
$21.7M
$1.1M
SOTK
Faster 2-yr revenue CAGR
SOTK
SOTK
Annualised
SOTK
2.5%
-2.8%
VECO

Income Statement — Q3 2026 vs Q4 2025

Metric
SOTK
SOTK
VECO
VECO
Revenue
$5.0M
$165.0M
Net Profit
$340.0K
$1.1M
Gross Margin
50.2%
36.7%
Operating Margin
6.4%
-0.8%
Net Margin
6.8%
0.7%
Revenue YoY
-3.6%
-9.4%
Net Profit YoY
24.0%
-92.6%
EPS (diluted)
$0.02
$0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SOTK
SOTK
VECO
VECO
Q4 25
$5.0M
$165.0M
Q3 25
$5.2M
$165.9M
Q2 25
$5.1M
$166.1M
Q1 25
$5.1M
$167.3M
Q4 24
$5.2M
$182.1M
Q3 24
$5.2M
$184.8M
Q2 24
$5.0M
$175.9M
Q1 24
$4.8M
$174.5M
Net Profit
SOTK
SOTK
VECO
VECO
Q4 25
$340.0K
$1.1M
Q3 25
$423.7K
$10.6M
Q2 25
$485.0K
$11.7M
Q1 25
$327.7K
$11.9M
Q4 24
$274.2K
$15.0M
Q3 24
$340.7K
$22.0M
Q2 24
$330.8K
$14.9M
Q1 24
$156.6K
$21.9M
Gross Margin
SOTK
SOTK
VECO
VECO
Q4 25
50.2%
36.7%
Q3 25
50.2%
40.8%
Q2 25
51.9%
41.4%
Q1 25
47.4%
40.9%
Q4 24
45.1%
40.6%
Q3 24
48.7%
42.9%
Q2 24
48.8%
42.9%
Q1 24
49.1%
43.2%
Operating Margin
SOTK
SOTK
VECO
VECO
Q4 25
6.4%
-0.8%
Q3 25
8.2%
6.4%
Q2 25
9.4%
7.4%
Q1 25
5.6%
8.5%
Q4 24
3.8%
2.1%
Q3 24
5.5%
13.2%
Q2 24
4.7%
9.5%
Q1 24
-0.3%
12.6%
Net Margin
SOTK
SOTK
VECO
VECO
Q4 25
6.8%
0.7%
Q3 25
8.2%
6.4%
Q2 25
9.4%
7.1%
Q1 25
6.4%
7.1%
Q4 24
5.3%
8.2%
Q3 24
6.6%
11.9%
Q2 24
6.6%
8.5%
Q1 24
3.3%
12.5%
EPS (diluted)
SOTK
SOTK
VECO
VECO
Q4 25
$0.02
$0.02
Q3 25
$0.03
$0.17
Q2 25
$0.03
$0.20
Q1 25
$0.02
$0.20
Q4 24
$0.02
$0.25
Q3 24
$0.02
$0.36
Q2 24
$0.02
$0.25
Q1 24
$0.02
$0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SOTK
SOTK
VECO
VECO
Cash + ST InvestmentsLiquidity on hand
$11.7M
$163.5M
Total DebtLower is stronger
$226.0M
Stockholders' EquityBook value
$19.1M
$885.5M
Total Assets
$23.9M
$1.3B
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SOTK
SOTK
VECO
VECO
Q4 25
$11.7M
$163.5M
Q3 25
$10.6M
$193.2M
Q2 25
$10.9M
$188.9M
Q1 25
$11.9M
$174.9M
Q4 24
$12.7M
$145.6M
Q3 24
$11.6M
$163.2M
Q2 24
$12.2M
$174.2M
Q1 24
$11.8M
$174.0M
Total Debt
SOTK
SOTK
VECO
VECO
Q4 25
$226.0M
Q3 25
$225.7M
Q2 25
$225.4M
Q1 25
$250.0M
Q4 24
$276.2M
Q3 24
$275.9M
Q2 24
$275.6M
Q1 24
$275.2M
Stockholders' Equity
SOTK
SOTK
VECO
VECO
Q4 25
$19.1M
$885.5M
Q3 25
$18.7M
$876.0M
Q2 25
$18.3M
$856.2M
Q1 25
$17.8M
$811.9M
Q4 24
$17.4M
$770.8M
Q3 24
$17.0M
$746.5M
Q2 24
$16.7M
$715.0M
Q1 24
$16.3M
$687.9M
Total Assets
SOTK
SOTK
VECO
VECO
Q4 25
$23.9M
$1.3B
Q3 25
$23.2M
$1.3B
Q2 25
$23.4M
$1.3B
Q1 25
$23.4M
$1.3B
Q4 24
$24.3M
$1.3B
Q3 24
$22.9M
$1.3B
Q2 24
$23.6M
$1.2B
Q1 24
$23.1M
$1.2B
Debt / Equity
SOTK
SOTK
VECO
VECO
Q4 25
0.26×
Q3 25
0.26×
Q2 25
0.26×
Q1 25
0.31×
Q4 24
0.36×
Q3 24
0.37×
Q2 24
0.39×
Q1 24
0.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SOTK
SOTK
VECO
VECO
Operating Cash FlowLast quarter
$1.2M
$24.9M
Free Cash FlowOCF − Capex
$1.1M
$21.7M
FCF MarginFCF / Revenue
22.8%
13.1%
Capex IntensityCapex / Revenue
1.4%
2.0%
Cash ConversionOCF / Net Profit
3.56×
22.38×
TTM Free Cash FlowTrailing 4 quarters
$-811.2K
$53.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SOTK
SOTK
VECO
VECO
Q4 25
$1.2M
$24.9M
Q3 25
$-176.8K
$15.5M
Q2 25
$-922.3K
$9.0M
Q1 25
$-674.3K
$20.0M
Q4 24
$1.3M
$28.4M
Q3 24
$-418.4K
$17.6M
Q2 24
$328.0K
$8.5M
Q1 24
$-278.5K
$9.4M
Free Cash Flow
SOTK
SOTK
VECO
VECO
Q4 25
$1.1M
$21.7M
Q3 25
$-237.3K
$13.0M
Q2 25
$-974.5K
$5.4M
Q1 25
$-740.0K
$13.2M
Q4 24
$1.1M
$23.2M
Q3 24
$-576.1K
$13.6M
Q2 24
$295.0K
$5.5M
Q1 24
$-746.6K
$3.4M
FCF Margin
SOTK
SOTK
VECO
VECO
Q4 25
22.8%
13.1%
Q3 25
-4.6%
7.8%
Q2 25
-19.0%
3.3%
Q1 25
-14.5%
7.9%
Q4 24
20.8%
12.7%
Q3 24
-11.2%
7.4%
Q2 24
5.9%
3.1%
Q1 24
-15.7%
1.9%
Capex Intensity
SOTK
SOTK
VECO
VECO
Q4 25
1.4%
2.0%
Q3 25
1.2%
1.6%
Q2 25
1.0%
2.2%
Q1 25
1.3%
4.0%
Q4 24
4.1%
2.8%
Q3 24
3.1%
2.2%
Q2 24
0.7%
1.7%
Q1 24
9.8%
3.4%
Cash Conversion
SOTK
SOTK
VECO
VECO
Q4 25
3.56×
22.38×
Q3 25
-0.42×
1.47×
Q2 25
-1.90×
0.77×
Q1 25
-2.06×
1.67×
Q4 24
4.70×
1.90×
Q3 24
-1.23×
0.80×
Q2 24
0.99×
0.57×
Q1 24
-1.78×
0.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SOTK
SOTK

Segment breakdown not available.

VECO
VECO

Asia Pacific Excluding China$89.9M54%
Other$44.8M27%
Compound Semiconductor$20.1M12%
Data Storage$10.2M6%

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