Veeva Systems Income Statement

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

Millions USD. Fiscal year is Feb - Jan.

Fiscal Quarter	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	Q4 2021	Q3 2021	Q2 2021	Q1 2021	+20 Quarters
Period Ending	Jan '25 Jan 31, 2025	Oct '24 Oct 31, 2024	Jul '24 Jul 31, 2024	Apr '24 Apr 30, 2024	Jan '24 Jan 31, 2024	Oct '23 Oct 31, 2023	Jul '23 Jul 31, 2023	Apr '23 Apr 30, 2023	Jan '23 Jan 31, 2023	Oct '22 Oct 31, 2022	Jul '22 Jul 31, 2022	Apr '22 Apr 30, 2022	Jan '22 Jan 31, 2022	Oct '21 Oct 31, 2021	Jul '21 Jul 31, 2021	Apr '21 Apr 30, 2021	Jan '21 Jan 31, 2021	Oct '20 Oct 31, 2020	Jul '20 Jul 31, 2020	Apr '20 Apr 30, 2020	+20 Quarters
Revenue	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	396.76	377.52	353.68	337.11	Upgrade
Revenue Growth (YoY)	14.31%	13.41%	14.56%	23.56%	11.93%	11.61%	10.48%	4.20%	16.04%	16.01%	17.26%	16.50%	22.37%	26.12%	28.81%	28.62%	27.37%	34.39%	32.52%	37.73%	Upgrade
Cost of Revenue	180.99	174.39	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	113.85	103	97.2	94.88	Upgrade
Gross Profit	539.9	524.82	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	282.91	274.52	256.48	242.23	Upgrade
Selling, General & Admin	169.95	171.05	162.89	153.58	157.86	159.06	159.93	151.17	147.61	146.78	147.45	124.44	124.63	115.2	113.97	105.77	102.13	93.23	96.35	92.42	Upgrade
Research & Development	181.53	172.41	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	81.94	79.99	70.05	62.24	Upgrade
Operating Expenses	351.47	343.47	339.32	316.29	321.43	320.33	317.16	298.13	290.15	277.04	281.46	237.92	229.9	213.84	208.87	188.99	184.07	173.22	166.4	154.66	Upgrade
Operating Income	188.42	181.35	166.49	160.17	135.26	128.49	104.05	61.53	108.92	121.4	101.09	127.67	119.72	132.71	124.62	128.45	98.84	101.31	90.08	87.57	Upgrade
Interest & Investment Income	-	-	-	46.62	45.79	-	-	27.02	33.31	8.89	3.89	-	3.82	3.4	2.41	3.11	2.42	3.66	5.38	4.4	Upgrade
Currency Exchange Gain (Loss)	-	-	-	-1.08	-3.88	-	-	-0.18	-9.41	2	4	4	-1.71	-1	1	3	4.28	1	-2	-1	Upgrade
Other Non Operating Income (Expenses)	56.71	60.94	58.57	-	-	42.19	38.83	-	0.57	-	-	-0.24	-	-	-	-	1.15	-	-	-	Upgrade
EBT Excluding Unusual Items	245.13	242.29	225.06	205.71	177.17	170.68	142.88	88.37	133.4	132.3	108.98	131.44	121.82	135.11	128.03	134.55	106.69	105.96	93.46	90.97	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	6.19	5.52	-	-	3.41	1.97	1.57	0.51	-1.06	-2.34	-1.57	-1.74	-1.54	-1.39	-1.2	-0.5	0.01	Upgrade
Legal Settlements	-	-	-	-5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Upgrade
Pretax Income	245.13	242.29	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	105.29	104.76	92.96	90.98	Upgrade
Income Tax Expense	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	2.37	7.8	-0.59	4.41	Upgrade
Net Income	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	102.92	96.96	93.55	86.57	Upgrade
Net Income to Common	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	102.92	96.96	93.55	86.57	Upgrade
Net Income Growth	32.72%	37.47%	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%	55.51%	17.89%	18.06%	17.86%	Upgrade
Shares Outstanding (Basic)	162	162	162	161	161	161	160	160	157	155	155	155	154	154	153	152	152	151	150	150	Upgrade
Shares Outstanding (Diluted)	166	165	165	164	164	164	163	163	162	162	162	162	163	163	163	162	162	162	161	159	Upgrade
Shares Change (YoY)	0.98%	0.74%	0.78%	1.15%	1.21%	0.90%	0.71%	0.37%	-0.35%	-0.45%	-0.39%	-0.18%	0.42%	0.82%	1.20%	1.72%	2.03%	1.87%	1.36%	0.99%	Upgrade
EPS (Basic)	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	0.68	0.64	0.62	0.58	Upgrade
EPS (Diluted)	1.18	1.13	1.04	0.98	0.90	0.83	0.68	0.81	1.17	0.67	0.56	0.62	0.59	0.65	0.67	0.71	0.63	0.60	0.58	0.54	Upgrade
EPS Growth	30.84%	36.14%	52.94%	20.99%	-22.60%	23.88%	21.43%	30.65%	96.26%	3.08%	-16.42%	-12.68%	-5.36%	8.33%	15.52%	31.48%	52.88%	15.38%	16.00%	14.89%	Upgrade
Free Cash Flow	64.82	159.85	89.82	755.04	50.03	76.69	255.44	502.98	59.49	137.05	91.72	478.69	50.14	110.65	113.74	475.73	68.12	92.09	99.91	282.17	Upgrade
Free Cash Flow Per Share	0.39	0.97	0.55	4.59	0.30	0.47	1.56	3.09	0.37	0.84	0.57	2.96	0.31	0.68	0.70	2.93	0.42	0.57	0.62	1.77	Upgrade
Gross Margin	74.89%	75.06%	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%	71.31%	72.72%	72.52%	71.85%	Upgrade
Operating Margin	26.14%	25.94%	24.62%	24.63%	21.45%	20.84%	17.63%	11.69%	19.33%	21.98%	18.92%	25.28%	24.66%	27.87%	27.35%	29.62%	24.91%	26.83%	25.47%	25.98%	Upgrade
Profit Margin	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%	25.94%	25.68%	26.45%	25.68%	Upgrade
Free Cash Flow Margin	8.99%	22.86%	13.28%	116.10%	7.93%	12.44%	43.28%	95.56%	10.56%	24.81%	17.17%	94.77%	10.33%	23.24%	24.97%	109.72%	17.17%	24.39%	28.25%	83.70%	Upgrade
EBITDA	198.36	191.29	177.51	168.67	143.89	136.85	112.14	69.08	116.6	128.56	108.32	134.73	126.76	139.61	131.5	135.07	105.58	108.83	97.4	95.44	Upgrade
EBITDA Margin	27.52%	27.36%	26.25%	25.94%	22.82%	22.20%	19.00%	13.12%	20.70%	23.28%	20.28%	26.67%	26.11%	29.32%	28.86%	31.15%	26.61%	28.83%	27.54%	28.31%	Upgrade
D&A For EBITDA	9.93	9.93	11.02	8.5	8.63	8.36	8.09	7.55	7.68	7.16	7.23	7.06	7.04	6.9	6.88	6.63	6.74	7.53	7.32	7.88	Upgrade
EBIT	188.42	181.35	166.49	160.17	135.26	128.49	104.05	61.53	108.92	121.4	101.09	127.67	119.72	132.71	124.62	128.45	98.84	101.31	90.08	87.57	Upgrade
EBIT Margin	26.14%	25.94%	24.62%	24.63%	21.45%	20.84%	17.63%	11.69%	19.33%	21.98%	18.92%	25.28%	24.66%	27.87%	27.35%	29.62%	24.91%	26.83%	25.47%	25.98%	Upgrade
Effective Tax Rate	20.20%	23.31%	24.00%	21.86%	19.32%	20.81%	21.87%	-	-	18.98%	17.25%	23.21%	18.73%	20.72%	13.80%	13.11%	2.25%	7.45%	-	4.85%	Upgrade
Revenue as Reported	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	396.76	377.52	353.68	337.11	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.