Veeva Systems Inc. (VEEV)

Veeva Systems Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 30, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Revenue	2,855	2,747	2,364	2,155	1,851	1,465
Revenue Growth (YoY)	14.78%	16.20%	9.68%	16.44%	26.33%	32.70%
Cost of Revenue	699.58	699.64	677.29	609.41	503.68	408.93
Gross Profit	2,156	2,047	1,686	1,546	1,347	1,056
Selling, General & Admin	671.35	657.47	628.02	566.29	459.57	384.13
Research & Development	714.4	693.08	629.03	520.28	382.04	294.22
Operating Expenses	1,386	1,351	1,257	1,087	841.6	678.35
Operating Income	770	696.44	429.33	459.09	505.5	377.79
Interest & Investment Income	207.99	207.99	133.75	45.86	14.73	15.86
Currency Exchange Gain (Loss)	-12.27	-3.27	0.12	0.59	-0.71	2.28
Other Non Operating Income (Expenses)	26.65	0.61	-	0.57	-	1.15
EBT Excluding Unusual Items	992.36	901.76	563.21	506.11	519.51	397.08
Gain (Loss) on Sale of Investments	18.94	22.62	24.82	2.98	-7.2	-3.08
Legal Settlements	-	-5	-	-	-	-
Pretax Income	1,011	919.38	588.02	509.1	512.31	393.99
Income Tax Expense	230.64	205.24	62.32	21.39	84.92	14
Net Income	780.66	714.14	525.71	487.71	427.39	380
Net Income to Common	780.66	714.14	525.71	487.71	427.39	380
Net Income Growth	40.45%	35.84%	7.79%	14.11%	12.47%	26.20%
Shares Outstanding (Basic)	162	162	161	155	153	151
Shares Outstanding (Diluted)	166	165	163	162	162	161
Shares Change (YoY)	1.06%	1.07%	0.65%	0.10%	0.96%	1.54%
EPS (Basic)	4.81	4.41	3.27	3.14	2.79	2.52
EPS (Diluted)	4.71	4.32	3.22	3.00	2.63	2.36
EPS Growth	38.92%	34.16%	7.33%	14.07%	11.44%	24.21%
Free Cash Flow	1,186	1,070	885.14	766.96	750.25	542.56
Free Cash Flow Per Share	7.16	6.47	5.41	4.72	4.62	3.38
Gross Margin	75.50%	74.53%	71.35%	71.72%	72.79%	72.09%
Operating Margin	26.97%	25.36%	18.16%	21.30%	27.31%	25.79%
Profit Margin	27.34%	26.00%	22.24%	22.63%	23.09%	25.94%
Free Cash Flow Margin	41.53%	38.94%	37.45%	35.59%	40.54%	37.03%
EBITDA	810.7	735.82	461.96	488.21	532.94	407.25
EBITDA Margin	28.39%	26.79%	19.54%	22.65%	28.80%	27.80%
D&A For EBITDA	40.71	39.38	32.63	29.12	27.45	29.46
EBIT	770	696.44	429.33	459.09	505.5	377.79
EBIT Margin	26.97%	25.36%	18.16%	21.30%	27.31%	25.79%
Effective Tax Rate	22.81%	22.32%	10.60%	4.20%	16.58%	3.55%
Revenue as Reported	2,855	2,747	2,364	2,155	1,851	1,465

Updated May 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q