Veeva Systems Inc. (BMV:VEEV)

Veeva Systems Income Statement

Financials in millions USD. Fiscal year is February - January.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jan 31, 2026	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022
Revenue	3,195	2,747	2,364	2,155	1,851
Revenue Growth (YoY)	16.34%	16.20%	9.68%	16.44%	26.33%
Cost of Revenue	782.02	699.64	677.29	609.41	503.68
Gross Profit	2,413	2,047	1,686	1,546	1,347
Selling, General & Admin	729.54	662.47	628.02	566.29	459.57
Research & Development	767.39	693.08	629.03	520.28	382.04
Operating Income	916.37	691.44	429.33	459.09	505.5
Total Non-Operating Income (Expense)	278.14	227.95	158.69	50.01	6.82
Pretax Income	1,195	919.38	588.02	509.1	512.31
Provision for Income Taxes	285.6	205.24	62.32	21.39	84.92
Net Income	908.91	714.14	525.71	487.71	427.39
Net Income to Common	908.91	714.14	525.71	487.71	427.39
Net Income Growth	27.27%	35.84%	7.79%	14.11%	12.47%
Shares Outstanding (Basic)	164	162	161	155	153
Shares Outstanding (Diluted)	167	165	163	162	162
Shares Change (YoY)	1.07%	1.07%	0.65%	0.10%	0.96%
EPS (Basic)	5.55	4.41	3.27	3.14	2.79
EPS (Diluted)	5.44	4.32	3.22	3.00	2.63
EPS Growth	25.93%	34.16%	7.33%	14.07%	11.44%
Free Cash Flow	1,415	1,090	911.34	780.47	764.46
Free Cash Flow Growth	29.83%	19.61%	16.77%	2.09%	38.68%
Free Cash Flow Per Share	8.47	6.60	5.57	4.80	4.71
Gross Margin	75.53%	74.53%	71.35%	71.72%	72.79%
Operating Margin	28.68%	25.17%	18.16%	21.30%	27.31%
Profit Margin	28.44%	26.00%	22.24%	22.63%	23.09%
FCF Margin	44.29%	39.69%	38.56%	36.22%	41.30%
EBITDA	954.34	730.82	461.96	488.21	532.94
EBITDA Margin	29.87%	26.61%	19.54%	22.65%	28.80%
EBIT	916.37	691.44	429.33	459.09	505.5
EBIT Margin	28.68%	25.17%	18.16%	21.30%	27.31%
Effective Tax Rate	23.91%	22.32%	10.60%	4.20%	16.58%

Updated Jan 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.