VEEVA SYSTEMS INC (VEEV)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Oct-312025-Jul-312025-Apr-302025-Jan-312024-Oct-312024-Jul-312024-Apr-302024-Jan-312023-Oct-312023-Jul-312023-Apr-302023-Jan-312022-Oct-312022-Jul-312022-Apr-302022-Jan-312021-Oct-312021-Jul-312021-Apr-302021-Jan-312020-Oct-312020-Jul-312020-Apr-302020-Jan-312019-Oct-312019-Jul-312019-Apr-302019-Jan-312018-Oct-312018-Jul-312018-Apr-302018-Jan-312017-Oct-312017-Jul-312017-Apr-302017-Jan-312016-Oct-312016-Jul-312016-Apr-302016-Jan-312015-Oct-312015-Jul-312015-Apr-302015-Jan-312014-Oct-312014-Jul-312014-Apr-302014-Jan-31
Fiscal PeriodQ3-FY2026Q2-FY2026Q1-FY2026Q4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014
Total Revenue811,236,000$789,081,000$759,043,000$720,886,000$699,207,000$676,181,000$650,345,000$630,618,000$616,505,000$590,225,000$526,325,000$563,389,000$552,351,000$534,218,000$505,102,000$485,499,000$476,111,000$455,594,000$433,573,000$396,761,000$377,519,000$353,683,000$337,106,000$311,508,000$280,921,000$266,900,000$244,752,000$232,323,000$224,731,000$209,609,000$195,547,000$185,984,000$177,008,000$167,795,000$159,772,000$150,153,000$142,779,000$131,347,000$119,764,000$114,270,000$106,921,000$98,107,000$89,923,000$87,012,000$83,825,000$75,664,000$66,721,000$62,803,000$
QoQ%2.81%3.96%5.29%3.10%3.41%3.97%3.13%2.29%4.45%12.14%(6.58%)2.00%3.39%5.76%4.04%1.97%4.50%5.08%9.28%5.10%6.74%4.92%8.22%10.89%5.25%9.05%5.35%3.38%7.21%7.19%5.14%5.07%5.49%5.02%6.41%5.17%8.70%9.67%4.81%6.87%8.98%9.10%3.35%3.80%10.79%13.40%6.24%14.23%
YoY%16.02%16.70%16.71%14.31%13.42%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%27.37%34.39%32.52%37.73%34.08%25.00%27.33%25.16%24.92%26.96%24.92%22.39%23.86%23.97%27.75%33.41%31.40%33.54%33.88%33.19%31.33%27.55%29.66%34.78%38.55%52.47%52.61%55.93%57.84%
Cost Of Revenue199,465,000$195,253,000$173,824,000$180,991,000$174,389,000$170,372,000$173,884,000$173,928,000$167,682,000$169,018,000$166,663,000$164,314,000$153,907,000$151,669,000$139,515,000$135,881,000$129,564,000$122,097,000$116,136,000$113,847,000$102,997,000$97,204,000$94,880,000$94,319,000$73,329,000$70,218,000$65,503,000$64,526,000$61,374,000$59,226,000$60,155,000$58,917,000$53,236,000$50,404,000$48,877,000$46,470,000$43,925,000$42,195,000$41,091,000$39,744,000$37,012,000$33,473,000$31,985,000$31,156,000$30,416,000$28,136,000$25,950,000$24,358,000$
Gross Profit611,771,000$593,828,000$585,219,000$539,895,000$524,818,000$505,809,000$476,461,000$456,690,000$448,823,000$421,207,000$359,662,000$399,075,000$398,444,000$382,549,000$365,587,000$349,618,000$346,547,000$333,497,000$317,437,000$282,914,000$274,522,000$256,479,000$242,226,000$217,189,000$207,592,000$196,682,000$179,249,000$167,797,000$163,357,000$150,383,000$135,392,000$127,073,000$123,774,000$117,395,000$110,895,000$103,683,000$98,854,000$89,152,000$78,673,000$74,526,000$69,909,000$64,634,000$57,938,000$55,856,000$53,409,000$47,528,000$40,771,000$38,445,000$
Gross Margin75.41%75.26%77.10%74.89%75.06%74.80%73.26%72.42%72.80%71.36%68.34%70.84%72.14%71.61%72.38%72.01%72.79%73.20%73.21%71.31%72.72%72.52%71.86%69.72%73.90%73.69%73.24%72.23%72.69%71.75%69.24%68.33%69.93%69.96%69.41%69.05%69.24%67.88%65.69%65.22%65.38%65.88%64.43%64.19%63.72%62.82%61.11%61.22%
Operating Expenses370,918,000$397,920,000$351,487,000$351,472,000$343,465,000$339,322,000$321,289,000$321,426,000$320,334,000$317,158,000$298,132,000$290,152,000$277,040,000$281,457,000$237,915,000$229,900,000$213,839,000$208,873,000$188,991,000$184,071,000$173,217,000$166,398,000$154,661,000$156,795,000$126,792,000$122,826,000$108,080,000$104,799,000$100,263,000$97,565,000$91,436,000$88,569,000$81,279,000$79,328,000$72,032,000$64,932,000$65,044,000$65,330,000$60,867,000$59,315,000$49,809,000$42,281,000$37,013,000$35,173,000$33,468,000$30,743,000$28,214,000$27,137,000$
Operating Income240,853,000$195,908,000$233,732,000$188,423,000$181,353,000$166,487,000$155,172,000$135,264,000$128,489,000$104,049,000$61,530,000$108,923,000$121,404,000$101,092,000$127,672,000$119,718,000$132,708,000$124,624,000$128,446,000$98,843,000$101,305,000$90,081,000$87,565,000$60,394,000$80,800,000$73,856,000$71,169,000$62,998,000$63,094,000$52,818,000$43,956,000$38,504,000$42,495,000$38,067,000$38,863,000$32,530,000$33,810,000$23,822,000$17,806,000$15,211,000$20,100,000$22,353,000$20,925,000$20,683,000$19,941,000$16,785,000$12,557,000$11,308,000$
Operating Margin29.69%24.83%30.79%26.14%25.94%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%24.91%26.83%25.47%25.98%19.39%28.76%27.67%29.08%27.12%28.08%25.20%22.48%20.70%24.01%22.69%24.32%21.67%23.68%18.14%14.87%13.31%18.80%22.78%23.27%23.77%23.79%22.18%18.82%18.01%
Interest Income
Interest Expenses
Income Before Tax312,786,000$265,364,000$298,821,000$245,130,000$242,290,000$225,060,000$206,901,000$182,693,000$170,676,000$142,875,000$91,778,000$135,363,000$133,862,000$109,490,000$130,381,000$119,479,000$133,532,000$126,290,000$133,010,000$105,292,000$104,760,000$92,962,000$90,979,000$65,238,000$89,941,000$81,188,000$77,330,000$68,688,000$67,700,000$56,160,000$46,095,000$41,538,000$43,854,000$40,925,000$39,454,000$45,007,000$34,335,000$22,460,000$20,553,000$14,811,000$20,210,000$21,908,000$21,688,000$19,023,000$18,952,000$16,684,000$12,527,000$10,943,000$
Tax Expenses76,583,000$65,055,000$70,631,000$49,505,000$56,482,000$54,019,000$45,237,000$35,295,000$35,518,000$31,247,000$(39,743,000$)(53,170,000$)25,405,000$18,889,000$30,266,000$22,383,000$27,663,000$17,432,000$17,443,000$2,374,000$7,801,000$(589,000$)4,409,000$(944,000$)7,696,000$1,946,000$3,881,000$(2,463,000$)3,615,000$5,874,000$1,785,000$884,000$8,929,000$2,323,000$2,458,000$14,532,000$12,705,000$9,502,000$8,044,000$(2,779,000$)9,728,000$8,502,000$8,706,000$5,697,000$8,694,000$7,106,000$5,306,000$4,696,000$
Net Income236,203,000$200,309,000$228,190,000$195,625,000$185,808,000$171,041,000$161,664,000$147,398,000$135,158,000$111,628,000$131,521,000$188,533,000$108,457,000$90,601,000$100,115,000$97,096,000$105,869,000$108,858,000$115,567,000$102,918,000$96,959,000$93,551,000$86,570,000$66,182,000$82,245,000$79,242,000$73,449,000$71,151,000$64,085,000$50,286,000$44,310,000$40,654,000$34,925,000$38,602,000$36,996,000$21,707,000$21,630,000$12,958,000$12,509,000$17,590,000$10,482,000$13,406,000$12,982,000$13,326,000$10,258,000$9,578,000$7,221,000$6,247,000$
Profit Margin29.12%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%26.66%25.94%25.68%26.45%25.68%21.25%29.28%29.69%30.01%30.63%28.52%23.99%22.66%21.86%19.73%23.01%23.16%14.46%15.15%9.87%10.45%15.39%9.80%13.67%14.44%15.32%12.24%12.66%10.82%9.95%
TTM27.93%27.29%27.34%26.00%25.07%23.91%22.34%22.24%24.68%24.20%23.85%22.63%19.08%19.68%21.43%23.09%24.59%25.51%26.19%25.94%24.88%25.60%26.27%27.27%29.87%29.72%28.41%26.66%24.43%22.15%21.82%21.89%20.20%19.17%15.97%12.65%12.73%11.34%12.30%13.31%13.14%13.93%13.72%12.89%11.52%11.37%11.10%11.24%
Earnings to Minority60,000$
Earnings to Common Shareholders236,203,000$200,309,000$228,190,000$195,625,000$185,808,000$171,041,000$161,664,000$147,398,000$135,158,000$111,628,000$131,521,000$188,533,000$108,457,000$90,601,000$100,115,000$97,096,000$105,869,000$108,858,000$115,567,000$102,918,000$96,959,000$93,551,000$86,570,000$66,182,000$82,245,000$79,242,000$73,449,000$71,151,000$64,085,000$50,286,000$44,310,000$40,654,000$34,925,000$38,602,000$36,996,000$21,707,000$21,630,000$12,958,000$12,509,000$17,590,000$10,482,000$13,406,000$12,982,000$13,326,000$10,198,000$9,578,000$7,221,000$6,247,000$
QoQ%17.92%(12.22%)16.65%5.28%8.63%5.80%9.68%9.06%21.08%(15.13%)(30.24%)73.83%19.71%(9.50%)3.11%(8.29%)(2.75%)(5.81%)12.29%6.15%3.64%8.06%30.81%(19.53%)3.79%7.89%3.23%11.03%27.44%13.49%8.99%16.40%(9.53%)4.34%70.43%.36%66.92%3.59%(28.89%)67.81%(21.81%)3.27%(2.58%)30.67%6.47%32.64%15.59%167.08%
YoY%27.12%17.11%41.15%32.72%37.48%53.22%22.92%(21.82%)24.62%23.21%31.37%94.17%2.45%(16.77%)(13.37%)(5.66%)9.19%16.36%33.50%55.51%17.89%18.06%17.86%(6.98%)28.34%57.58%65.76%75.02%83.49%30.27%19.77%87.29%61.47%197.90%195.76%23.41%106.35%(3.34%)(3.64%)32.00%2.79%39.97%79.78%113.32%336.00%59.69%49.04%9.91%
Earnings Per Share, Basic1.44$1.23$1.40$1.20$1.15$1.06$1.00$0.91$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$0.44$0.56$0.54$0.50$0.49$0.44$0.35$0.31$0.28$0.25$0.28$0.27$0.16$0.16$0.10$0.09$0.13$0.08$0.10$0.10$0.10$0.08$0.08$0.06$0.05$
Earnings Per Share, Diluted1.40$1.19$1.37$1.17$1.13$1.04$0.98$0.90$0.83$0.68$0.81$1.15$0.67$0.56$0.62$0.60$0.65$0.67$0.71$0.64$0.60$0.58$0.54$0.42$0.52$0.50$0.47$0.45$0.41$0.32$0.29$0.26$0.23$0.25$0.24$0.14$0.15$0.09$0.09$0.12$0.07$0.09$0.09$0.09$0.07$0.07$0.05$0.04$
Unlevered FCF Per Share, Basic1.18$1.46$5.39$0.43$1.01$0.57$4.73$0.36$0.51$1.65$3.17$0.40$0.92$0.60$3.11$0.35$0.74$0.78$3.14$0.45$0.63$0.70$1.89$0.26$0.41$0.67$1.60$0.20$0.26$0.60$1.05$0.00$0.22$0.39$1.01$0.13$
Unlevered FCF Per Share, Diluted1.14$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$0.34$0.69$0.73$2.95$0.42$0.59$0.65$1.77$0.25$0.38$0.63$1.49$0.18$0.24$0.55$0.97$0.00$0.20$0.36$0.91$0.11$
Average Shares, Basic164,049,000163,496,000162,749,000162,400,000161,987,000161,708,000161,421,000161,112,000160,768,000160,396,000159,852,000156,683,000155,392,000154,951,000154,514,000153,956,000153,514,000153,090,000152,444,000151,717,000150,993,000150,413,000149,541,000148,809,000148,157,000147,510,000146,708,000145,714,000144,737,000143,748,000142,777,000143,281,000140,857,000140,010,000137,096,000138,046,000135,624,000135,126,000133,996,000132,705,000132,413,000131,799,000131,163,000130,345,000129,212,000127,314,000123,902,000122,578,000
Average Shares, Diluted168,935,000167,685,000166,229,000166,991,000164,979,000164,564,000164,394,000164,378,000163,761,000163,284,000162,521,000163,393,000162,295,000162,132,000161,928,000161,096,000163,034,000162,765,000162,213,000160,903,000161,711,000160,840,000159,474,000157,849,000158,750,000158,675,000157,910,000158,092,000156,025,000155,416,000154,935,000155,634,000154,256,000153,778,000151,056,000150,013,000147,436,000147,155,000145,708,000145,240,000145,063,000144,871,000144,734,000144,737,000144,289,000143,353,000142,849,000143,221,000
EBIT312,786,000$265,364,000$298,821,000$245,130,000$242,290,000$225,060,000$206,901,000$182,693,000$170,676,000$142,875,000$91,778,000$135,363,000$133,862,000$109,490,000$130,381,000$119,479,000$133,532,000$126,290,000$133,010,000$105,292,000$104,760,000$92,962,000$90,979,000$65,238,000$89,941,000$81,188,000$77,330,000$68,688,000$67,700,000$56,160,000$46,095,000$41,538,000$43,854,000$40,925,000$39,454,000$45,007,000$34,335,000$22,460,000$20,553,000$14,811,000$20,210,000$21,908,000$21,688,000$19,023,000$18,952,000$16,684,000$12,527,000$10,943,000$
EBITDA312,786,000$265,364,000$298,821,000$245,130,000$242,290,000$225,060,000$206,901,000$182,693,000$170,676,000$142,875,000$91,778,000$135,363,000$133,862,000$109,490,000$130,381,000$119,479,000$133,532,000$126,290,000$133,010,000$105,292,000$104,760,000$92,962,000$90,979,000$68,455,000$95,584,000$86,749,000$82,768,000$72,282,000$71,083,000$59,658,000$49,691,000$45,194,000$47,455,000$44,496,000$42,903,000$48,488,000$37,804,000$25,930,000$23,958,000$18,426,000$22,691,000$23,252,000$22,712,000$20,009,000$19,974,000$17,675,000$13,457,000$11,801,000$