Veeva Systems Inc. (VEEV)

Veeva Systems Income Statement

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

Fiscal Quarter	Q4 2026	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022
Period Ending	Jan 31, 2026	Oct 31, 2025	Jul 31, 2025	Apr 30, 2025	Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021
Revenue	835.95	811.24	789.08	759.04	720.89	699.21	676.18	650.35	630.62	616.51	590.23	526.33	563.39	552.35	534.22	505.1	485.5	476.11	455.59	433.57
Revenue Growth (YoY)	15.96%	16.02%	16.70%	16.71%	14.31%	13.41%	14.56%	23.56%	11.93%	11.62%	10.48%	4.20%	16.04%	16.01%	17.26%	16.50%	22.37%	26.12%	28.81%	28.62%
Cost of Revenue	264.85	181.65	195.25	173.82	180.99	158.58	170.37	173.88	173.93	167.68	169.02	166.66	164.31	153.91	151.67	139.52	135.88	129.56	122.1	116.14
Gross Profit	571.1	629.59	593.83	585.22	539.9	540.63	505.81	476.46	456.69	448.82	421.21	359.66	399.08	398.44	382.55	365.59	349.62	346.55	333.5	317.44
Selling, General & Admin	369.18	125.58	205.24	167.45	169.95	112.23	162.89	158.58	157.86	159.06	159.93	151.17	147.61	146.78	147.45	124.44	124.63	115.2	113.97	105.77
Research & Development	352.92	139.09	192.68	184.03	181.53	124.37	176.43	162.71	163.57	161.28	157.23	146.96	142.54	130.26	134.01	113.48	105.28	98.64	94.9	83.23
Total Operating Expenses	722.1	264.67	397.92	351.49	351.47	236.6	339.32	321.29	321.43	320.33	317.16	298.13	290.15	277.04	281.46	237.92	229.9	213.84	208.87	188.99
Operating Income	-151.01	364.92	195.91	233.73	188.42	304.02	166.49	155.17	135.26	128.49	104.05	61.53	108.92	121.4	101.09	127.67	119.72	132.71	124.62	128.45
Total Non-Operating Income (Expense)	71.66	71.93	69.46	65.09	56.71	60.94	58.57	51.73	47.43	42.19	38.83	30.25	26.44	12.46	8.4	2.71	-0.24	0.82	1.67	4.56
Pretax Income	-79.34	436.85	265.36	298.82	245.13	364.96	225.06	206.9	182.69	170.68	142.88	91.78	135.36	133.86	109.49	130.38	119.48	133.53	126.29	133.01
Provision for Income Taxes	73.33	76.58	65.06	70.63	49.51	56.48	54.02	45.24	35.3	35.52	31.25	-39.74	-53.17	25.41	18.89	30.27	22.38	27.66	17.43	17.44
Net Income	244.2	236.2	200.31	228.19	195.63	185.81	171.04	161.66	147.4	135.16	111.63	131.52	188.53	108.46	90.6	100.12	97.1	105.87	108.86	115.57
Net Income to Common	244.2	236.2	200.31	228.19	195.63	185.81	171.04	161.66	147.4	135.16	111.63	131.52	188.53	108.46	90.6	100.12	97.1	105.87	108.86	115.57
Net Income Growth	24.83%	27.12%	17.11%	41.15%	32.72%	37.48%	53.22%	22.92%	-21.82%	24.62%	23.21%	31.37%	94.17%	2.44%	-16.77%	-13.37%	-5.66%	9.19%	16.36%	33.50%
Shares Outstanding (Basic)	164	164	163	163	162	162	162	161	161	161	160	160	157	155	155	155	154	154	153	152
Shares Outstanding (Diluted)	168	169	168	166	166	165	165	164	164	164	163	163	162	162	162	162	163	163	163	162
Shares Change (YoY)	1.56%	2.40%	1.90%	1.12%	0.98%	0.74%	0.78%	1.15%	1.21%	0.90%	0.71%	0.37%	-0.36%	-0.45%	-0.39%	-0.18%	0.41%	0.82%	1.20%	1.72%
EPS (Basic)	1.49	1.44	1.23	1.40	1.20	1.15	1.06	1.00	0.92	0.84	0.70	0.82	1.20	0.70	0.58	0.65	0.63	0.69	0.71	0.76
EPS (Diluted)	1.45	1.40	1.19	1.37	1.18	1.13	1.04	0.98	0.90	0.83	0.68	0.81	1.16	0.67	0.56	0.62	0.60	0.65	0.67	0.71
EPS Growth	22.88%	23.89%	14.42%	39.80%	31.11%	36.14%	52.94%	20.99%	-22.41%	23.88%	21.43%	30.64%	93.33%	3.08%	-16.42%	-12.68%	-6.25%	8.33%	15.52%	31.48%
Shares Outstanding	163.78	164.34	163.88	162.98	162.58	162.16	161.83	161.63	161.26	160.97	160.62	160.2	158.25	155.63	155.23	154.8	154.2	153.67	153.36	152.8
Free Cash Flow	106.85	192.79	238.43	877.16	69.54	164.12	92.87	763.52	57.77	82.6	265.04	505.94	63.4	142.66	93.39	481.03	54.05	112.96	119.07	478.39
Free Cash Flow Growth	53.64%	17.47%	156.73%	14.88%	20.38%	98.69%	-64.96%	50.91%	-8.88%	-42.10%	183.81%	5.18%	17.29%	26.29%	-21.57%	0.55%	-20.92%	18.40%	13.05%	69.54%
Free Cash Flow Per Share	0.64	1.14	1.42	5.28	0.42	0.99	0.56	4.64	0.35	0.50	1.62	3.11	0.39	0.88	0.58	2.97	0.33	0.69	0.73	2.95
Gross Margin	68.32%	77.61%	75.26%	77.10%	74.89%	77.32%	74.80%	73.26%	72.42%	72.80%	71.36%	68.33%	70.83%	72.14%	71.61%	72.38%	72.01%	72.79%	73.20%	73.21%
Operating Margin	-18.06%	44.98%	24.83%	30.79%	26.14%	43.48%	24.62%	23.86%	21.45%	20.84%	17.63%	11.69%	19.33%	21.98%	18.92%	25.28%	24.66%	27.87%	27.35%	29.63%
Profit Margin	29.21%	29.12%	25.39%	30.06%	27.14%	26.57%	25.30%	24.86%	23.37%	21.92%	18.91%	24.99%	33.46%	19.64%	16.96%	19.82%	20.00%	22.24%	23.89%	26.65%
FCF Margin	12.78%	23.76%	30.22%	115.56%	9.65%	23.47%	13.74%	117.40%	9.16%	13.40%	44.90%	96.13%	11.25%	25.83%	17.48%	95.23%	11.13%	23.73%	26.13%	110.34%
EBITDA	-142.69	374.62	206.03	243.55	198.36	313.96	177.51	163.67	143.89	136.85	112.14	69.08	116.6	128.56	108.32	134.73	126.76	139.61	131.5	135.07
EBITDA Margin	-17.07%	46.18%	26.11%	32.09%	27.52%	44.90%	26.25%	25.17%	22.82%	22.20%	19.00%	13.12%	20.70%	23.28%	20.28%	26.67%	26.11%	29.32%	28.86%	31.15%
EBIT	-151.01	364.92	195.91	233.73	188.42	304.02	166.49	155.17	135.26	128.49	104.05	61.53	108.92	121.4	101.09	127.67	119.72	132.71	124.62	128.45
EBIT Margin	-18.06%	44.98%	24.83%	30.79%	26.14%	43.48%	24.62%	23.86%	21.45%	20.84%	17.63%	11.69%	19.33%	21.98%	18.92%	25.28%	24.66%	27.87%	27.35%	29.63%
Effective Tax Rate	-92.42%	17.53%	24.52%	23.64%	20.20%	15.48%	24.00%	21.86%	19.32%	20.81%	21.87%	-43.30%	-39.28%	18.98%	17.25%	23.21%	18.73%	20.72%	13.80%	13.11%

Updated Mar 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q