Total revenue for Q1 2026 was $199.0 million, a slight increase from $192.6 million in Q1 2025. Net income dropped sharply to $9.2 million ($0.30 per diluted share) from $28.6 million ($0.88 per diluted share) in the prior year period. Operating expenses rose to $72.6 million, up from $59.6 million, largely due to costs associated with the pending Veeco merger. Gross margin compressed to 40.5% from 46.1% in the year-ago quarter. Aftermarket revenue grew to $72.6 million, while systems revenue declined to $126.3 million.