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	Jul 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Revenue	2,968	2,747	2,364	2,155	1,851	1,465
Revenue Growth (YoY)	15.33%	16.20%	9.68%	16.44%	26.33%	32.70%
Cost of Revenue	724.46	699.64	677.29	609.41	503.68	408.93
Gross Profit	2,244	2,047	1,686	1,546	1,347	1,056
Selling, General & Admin	683.07	657.47	628.02	566.29	459.57	384.13
Research & Development	730.65	693.08	629.03	520.28	382.04	294.22
Operating Expenses	1,414	1,351	1,257	1,087	841.6	678.35
Operating Income	830.04	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)	-3.27	-3.27	0.12	0.59	-0.71	2.28
Other Non Operating Income (Expenses)	24.85	0.61	-	0.57	-	1.15
EBT Excluding Unusual Items	1,060	901.76	563.21	506.11	519.51	397.08
Gain (Loss) on Sale of Investments	22.62	22.62	24.82	2.98	-7.2	-3.08
Legal Settlements	-30.63	-5	-	-	-	-
Pretax Income	1,052	919.38	588.02	509.1	512.31	393.99
Income Tax Expense	241.67	205.24	62.32	21.39	84.92	14
Net Income	809.93	714.14	525.71	487.71	427.39	380
Net Income to Common	809.93	714.14	525.71	487.71	427.39	380
Net Income Growth	31.64%	35.84%	7.79%	14.11%	12.47%	26.20%
Shares Outstanding (Basic)	163	162	161	155	153	151
Shares Outstanding (Diluted)	167	165	163	162	162	161
Shares Change (YoY)	1.45%	1.07%	0.65%	0.10%	0.96%	1.54%
EPS (Basic)	4.98	4.41	3.27	3.14	2.79	2.52
EPS (Diluted)	4.86	4.32	3.22	3.00	2.63	2.36
EPS Growth	29.60%	34.16%	7.33%	14.07%	11.44%	24.21%
Free Cash Flow	1,328	1,070	885.14	766.96	750.25	542.56
Free Cash Flow Per Share	7.97	6.47	5.41	4.72	4.62	3.38
Gross Margin	75.59%	74.53%	71.35%	71.72%	72.79%	72.09%
Operating Margin	27.96%	25.36%	18.16%	21.30%	27.31%	25.79%
Profit Margin	27.29%	26.00%	22.24%	22.63%	23.09%	25.94%
Free Cash Flow Margin	44.74%	38.94%	37.45%	35.59%	40.54%	37.03%
EBITDA	869.86	735.82	461.96	488.21	532.94	407.25
EBITDA Margin	29.31%	26.79%	19.54%	22.65%	28.80%	27.80%
D&A For EBITDA	39.81	39.38	32.63	29.12	27.45	29.46
EBIT	830.04	696.44	429.33	459.09	505.5	377.79
EBIT Margin	27.96%	25.36%	18.16%	21.30%	27.31%	25.79%
Effective Tax Rate	22.98%	22.32%	10.60%	4.20%	16.58%	3.55%
Revenue as Reported	2,968	2,747	2,364	2,155	1,851	1,465

Updated Aug 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q