Veeva Systems Financial Statements
NYSE: VEEVTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:01 PM ET · Delayed 15 min
After hours: 296.49 +0.12%
Veeva Systems revenue and earnings
In fiscal 2026, Veeva Systems generated $3.20 billion in revenue, up 16.3% from fiscal 2025, its 14th consecutive year of revenue growth. Net income was $908.9 million (+27.3% year over year), for a net margin of 28.4% versus a median of 23.1% in the prior 5 years. Gross margin was 75.5% (up from 74.5%) and operating margin 28.7%.
Diluted earnings per share came in at $5.44, up from $4.32. Over the last 5 fiscal years, VEEV's revenue has grown at a 16.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Veeva Systems income statement (annual)
| Fiscal year (USD) | FY 20262026-01-31 | FY 20252025-01-31 | FY 20242024-01-31 | FY 20232023-01-31 | FY 20212022-01-31 | FY 20212021-01-31 | FY 20202020-01-31 | FY 20192019-01-31 | FY 20182018-01-31 | FY 20172017-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.20B | 2.75B | 2.36B | 2.16B | 1.85B | 1.47B | 1.10B | 862.21M | 690.56M | 550.54M |
| Revenue growth (YoY) | +16.34% | +16.20% | +9.68% | +16.44% | +26.33% | +32.70% | +28.05% | +24.86% | +25.43% | +34.53% |
| Cost of Revenue | 782.02M | 699.64M | 677.29M | 609.40M | 503.68M | 408.93M | 303.37M | 245.28M | 211.44M | 173.68M |
| Gross Profit | 2.41B | 2.05B | 1.69B | 1.55B | 1.35B | 1.06B | 800.71M | 616.93M | 479.14M | 376.86M |
| Operating Expenses | 1.50B | 1.36B | 1.26B | 1.09B | 841.60M | 678.35M | 514.49M | 394.06M | 321.21M | 256.17M |
| Research & Development | 767.39M | 693.08M | 629.03M | 520.28M | 382.04M | 294.22M | 209.90M | 158.78M | 132.02M | 96.74M |
| Selling, General & Admin | 729.54M | 662.47M | 628.02M | 566.29M | 459.57M | 384.13M | 304.60M | 235.28M | 189.19M | 159.43M |
| Operating Income | 916.37M | 691.43M | 429.33M | 459.09M | 505.50M | 377.79M | 286.22M | 222.87M | 157.93M | 120.69M |
| Other Income (Expense) | 278.14M | 227.95M | 158.69M | 50.01M | 6.82M | 16.20M | 27.48M | 15.78M | 7.84M | 1.67M |
| Pretax Income | 1.19B | 919.38M | 588.02M | 509.10M | 512.31M | 393.99M | 313.70M | 238.64M | 165.77M | 122.36M |
| Income Tax | 285.60M | 205.24M | 62.32M | 21.39M | 84.92M | 13.99M | 12.58M | 8.81M | 14.59M | 44.78M |
| Net Income | 908.91M | 714.14M | 525.71M | 487.71M | 427.39M | 380.00M | 301.12M | 229.83M | 151.18M | 77.57M |
| Net Income growth (YoY) | +27.27% | +35.84% | +7.79% | +14.11% | +12.47% | +26.20% | +31.02% | +52.03% | +94.89% | +42.44% |
| EPS (Basic) | 5.55 | 4.41 | 3.27 | 3.14 | 2.79 | 2.52 | 2.04 | 1.59 | 1.08 | 0.57 |
| EPS (Diluted) | 5.44 | 4.32 | 3.22 | 3.00 | 2.63 | 2.36 | 1.90 | 1.47 | 0.98 | 0.53 |
| Shares Outstanding (Basic) | 163.67M | 161.88M | 160.53M | 155.38M | 153.25M | 150.67M | 147.80M | 144.24M | 140.31M | 135.70M |
| Shares Outstanding (Diluted) | 167.00M | 165.23M | 163.49M | 162.44M | 162.28M | 160.73M | 158.30M | 156.12M | 153.68M | 147.58M |
| EBITDA | — | — | 435.33M | 465.09M | 512.50M | 386.79M | 306.08M | 236.94M | 172.21M | 134.51M |
| Gross Margin | 75.53% | 74.53% | 71.35% | 71.72% | 72.79% | 72.09% | 72.52% | 71.55% | 69.38% | 68.45% |
| Operating Margin | 28.68% | 25.17% | 18.16% | 21.30% | 27.31% | 25.79% | 25.92% | 25.85% | 22.87% | 21.92% |
| Net Margin | 28.44% | 26.00% | 22.24% | 22.63% | 23.09% | 25.94% | 27.27% | 26.66% | 21.89% | 14.09% |
This table shows 10 annual periods of Veeva Systems's income statement, from FY 2026 back to FY 2017, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow VEEV's reporting calendar. What is a income statement?