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	Oct 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Revenue	3,080	2,747	2,364	2,155	1,851	1,465
Revenue Growth (YoY)	15.96%	16.20%	9.68%	16.44%	26.33%	32.70%
Cost of Revenue	749.53	699.64	677.29	609.41	503.68	408.93
Gross Profit	2,331	2,047	1,686	1,546	1,347	1,056
Selling, General & Admin	691.05	657.47	628.02	566.29	459.57	384.13
Research & Development	750.12	693.08	629.03	520.28	382.04	294.22
Operating Expenses	1,441	1,351	1,257	1,087	841.6	678.35
Operating Income	889.54	696.44	429.33	459.09	505.5	377.79
Interest & Investment Income	250.06	207.99	133.75	45.86	14.73	15.86
Currency Exchange Gain (Loss)	3.73	-3.27	0.12	0.59	-0.71	2.28
Other Non Operating Income (Expenses)	0.61	0.61	-	0.57	-	1.15
EBT Excluding Unusual Items	1,144	901.76	563.21	506.11	519.51	397.08
Gain (Loss) on Sale of Investments	8.79	22.62	24.82	2.98	-7.2	-3.08
Legal Settlements	-30.63	-5	-	-	-	-
Pretax Income	1,122	919.38	588.02	509.1	512.31	393.99
Income Tax Expense	261.77	205.24	62.32	21.39	84.92	14
Net Income	860.33	714.14	525.71	487.71	427.39	380
Net Income to Common	860.33	714.14	525.71	487.71	427.39	380
Net Income Growth	29.20%	35.84%	7.79%	14.11%	12.47%	26.20%
Shares Outstanding (Basic)	163	162	161	155	153	151
Shares Outstanding (Diluted)	168	165	163	162	162	161
Shares Change (YoY)	1.70%	1.07%	0.65%	0.10%	0.96%	1.54%
EPS (Basic)	5.27	4.41	3.27	3.14	2.79	2.52
EPS (Diluted)	5.13	4.32	3.22	3.00	2.63	2.36
EPS Growth	26.69%	34.16%	7.33%	14.07%	11.44%	24.21%
Free Cash Flow	1,351	1,070	885.14	766.96	750.25	542.56
Free Cash Flow Per Share	8.06	6.47	5.41	4.72	4.62	3.38
Gross Margin	75.67%	74.53%	71.35%	71.72%	72.79%	72.09%
Operating Margin	28.88%	25.36%	18.16%	21.30%	27.31%	25.79%
Profit Margin	27.93%	26.00%	22.24%	22.63%	23.09%	25.94%
Free Cash Flow Margin	43.86%	38.94%	37.45%	35.59%	40.54%	37.03%
EBITDA	929.13	735.82	461.96	488.21	532.94	407.25
EBITDA Margin	30.16%	26.79%	19.54%	22.65%	28.80%	27.80%
D&A For EBITDA	39.59	39.38	32.63	29.12	27.45	29.46
EBIT	889.54	696.44	429.33	459.09	505.5	377.79
EBIT Margin	28.88%	25.36%	18.16%	21.30%	27.31%	25.79%
Effective Tax Rate	23.33%	22.32%	10.60%	4.20%	16.58%	3.55%
Revenue as Reported	3,080	2,747	2,364	2,155	1,851	1,465

Updated Nov 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q