Veeva Systems Income Statement

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

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 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	731.72	699.64	677.29	609.41	503.68	408.93
Gross Profit	2,349	2,047	1,686	1,546	1,347	1,056
Selling, General & Admin	668.22	662.47	628.02	566.29	459.57	384.13
Research & Development	697.33	693.08	629.03	520.28	382.04	294.22
Total Operating Expenses	1,366	1,356	1,257	1,087	841.6	678.35
Operating Income	982.98	691.44	429.33	459.09	505.5	377.79
Total Non-Operating Income (Expense)	263.19	227.95	158.69	50.01	6.82	16.2
Pretax Income	1,246	919.38	588.02	509.1	512.31	393.99
Provision for Income Taxes	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)	166	165	163	162	162	161
Shares Change (YoY)	1.53%	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)	5.14	4.32	3.22	3.00	2.63	2.36
EPS Growth	26.91%	34.16%	7.33%	14.07%	11.44%	24.21%
Free Cash Flow	1,378	1,090	911.34	780.47	764.46	551.25
Free Cash Flow Growth	26.41%	19.61%	16.77%	2.09%	38.68%	26.04%
Free Cash Flow Per Share	8.29	6.60	5.57	4.80	4.71	3.43
Gross Margin	55.81%	74.53%	71.35%	71.72%	72.79%	72.09%
Operating Margin	20.07%	25.17%	18.16%	21.30%	27.31%	25.79%
Profit Margin	27.93%	26.00%	22.24%	22.63%	23.09%	25.94%
FCF Margin	44.73%	39.69%	38.56%	36.22%	41.30%	37.63%
EBITDA	657.65	730.82	461.96	488.21	532.94	407.25
EBITDA Margin	21.35%	26.61%	19.54%	22.65%	28.80%	27.80%
EBIT	982.98	691.44	429.33	459.09	505.5	377.79
EBIT Margin	20.07%	25.17%	18.16%	21.30%	27.31%	25.79%
Effective Tax Rate	32.35%	22.32%	10.60%	4.20%	16.58%	3.55%

Updated Nov 21, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q