Veeva Systems Quarterly Income Statement
NYSE: VEEVTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:01 PM ET · Delayed 15 min
Veeva Systems revenue and earnings
In the quarter ended Jul 31, 2026, Veeva Systems generated $928.0 million in revenue, up 17.6% from the same quarter a year earlier. Net income was $273.4 million (+36.5% year over year), for a net margin of 29.5% versus a median of 29.2% in the prior 5 quarters. Gross margin was 75.0% (down from 75.3%) and operating margin 29.6%.
Diluted earnings per share came in at $1.66, up from $1.19.
Summary generated from market data by MetaCap's automated system. Methodology
Veeva Systems income statement (quarterly)
| Quarter (USD) | Q2 20272026-07-31 | Q1 20272026-04-30 | Q4 20262026-01-31 | Q3 20262025-10-31 | Q2 20262025-07-31 | Q1 20262025-04-30 | Q4 20252025-01-31 | Q3 20252024-10-31 | Q2 20252024-07-31 | Q1 20252024-04-30 | Q4 20242024-01-31 | Q3 20242023-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 927.96M | 882.95M | 835.95M | 811.24M | 789.08M | 759.04M | 720.89M | 699.21M | 676.18M | 650.35M | 630.62M | 616.50M |
| Revenue growth (YoY) | +17.60% | +16.32% | +15.96% | +16.02% | +16.70% | +16.71% | +14.31% | +13.41% | +14.56% | +23.56% | +11.93% | +11.61% |
| Cost of Revenue | 232.01M | 220.92M | 213.48M | 199.47M | 195.25M | 173.82M | 180.99M | 174.39M | 170.37M | 173.88M | 173.93M | 167.68M |
| Gross Profit | 695.95M | 662.02M | 622.47M | 611.77M | 593.83M | 585.22M | 539.89M | 524.82M | 505.81M | 476.46M | 456.69M | 448.82M |
| Operating Expenses | 420.93M | 388.91M | 376.60M | 370.92M | 397.92M | 351.49M | 351.47M | 343.46M | 339.32M | 321.29M | 321.43M | 320.33M |
| Research & Development | 222.92M | 208.32M | 198.79M | 191.88M | 192.68M | 184.03M | 181.53M | 172.41M | 176.43M | 162.71M | 163.56M | 161.28M |
| Selling, General & Admin | 198.01M | 180.59M | 177.81M | 179.03M | 205.24M | 167.45M | 169.94M | 171.05M | 162.89M | 158.58M | 157.86M | 159.06M |
| Operating Income | 275.02M | 273.11M | 245.88M | 240.85M | 195.91M | 233.73M | 188.42M | 181.35M | 166.49M | 155.17M | 135.26M | 128.49M |
| Other Income (Expense) | 74.51M | 74.42M | 71.66M | 71.93M | 69.46M | 65.09M | 56.71M | 60.94M | 58.57M | 51.73M | 47.43M | 42.19M |
| Pretax Income | 349.53M | 347.53M | 317.54M | 312.79M | 265.36M | 298.82M | 245.13M | 242.29M | 225.06M | 206.90M | 182.69M | 170.68M |
| Income Tax | 76.10M | 86.59M | 73.33M | 76.58M | 65.06M | 70.63M | 49.51M | 56.48M | 54.02M | 45.24M | 35.30M | 35.52M |
| Net Income | 273.43M | 260.94M | 244.20M | 236.20M | 200.31M | 228.19M | 195.63M | 185.81M | 171.04M | 161.66M | 147.40M | 135.16M |
| Net Income growth (YoY) | +36.50% | +14.35% | +24.83% | +27.12% | +17.11% | +41.15% | +32.72% | +37.47% | +53.22% | +22.92% | -21.82% | +24.62% |
| EPS (Basic) | 1.68 | 1.60 | 1.48 | 1.44 | 1.23 | 1.40 | 1.20 | 1.15 | 1.06 | 1.00 | 0.91 | 0.84 |
| EPS (Diluted) | 1.66 | 1.57 | 1.48 | 1.40 | 1.19 | 1.37 | 1.17 | 1.13 | 1.04 | 0.98 | 0.90 | 0.83 |
| Shares Outstanding (Basic) | 162.34M | 163.34M | — | 164.05M | 163.50M | 162.75M | — | 161.99M | 161.71M | 161.42M | — | 160.77M |
| Shares Outstanding (Diluted) | 165.06M | 165.99M | — | 168.94M | 167.69M | 166.23M | — | 164.98M | 164.56M | 164.39M | — | 163.76M |
| EBITDA | — | — | — | — | — | — | — | — | — | — | 137.26M | 129.49M |
| Gross Margin | 75.00% | 74.98% | 74.46% | 75.41% | 75.26% | 77.10% | 74.89% | 75.06% | 74.80% | 73.26% | 72.42% | 72.80% |
| Operating Margin | 29.64% | 30.93% | 29.41% | 29.69% | 24.83% | 30.79% | 26.14% | 25.94% | 24.62% | 23.86% | 21.45% | 20.84% |
| Net Margin | 29.47% | 29.55% | 29.21% | 29.12% | 25.39% | 30.06% | 27.14% | 26.57% | 25.30% | 24.86% | 23.37% | 21.92% |
This table shows 12 quarterly periods of Veeva Systems's income statement, from Q2 2027 back to Q3 2024, 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?