Veeva Systems (VEEV)
Connects life sciences development, quality, data, and commercial workflows in the cloud.
$270.30
vs last close+9.39 (+3.60%)
In millions of USD, except per-share figures
| In millions | Q3 FY24Oct 2023 | Q4 FY24Jan 2024 | Q1 FY25Apr 2024 | Q2 FY25Jul 2024 | Q3 FY25Oct 2024 | Q4 FY25Jan 2025 | Q1 FY26Apr 2025 | Q2 FY26Jul 2025 | Q3 FY26Oct 2025 | Q4 FY26Jan 2026 | Q1 FY27Apr 2026 | Q2 FY27Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 617 | 631 | 650 | 676 | 699 | 721 | 759 | 789 | 811 | 836 | 883 | 928 |
| Cost of revenue | 168 | 174 | 174 | 170 | 174 | 181 | 174 | 195 | 199 | 213 | 223 | 232 |
| Gross profit | 449 | 457 | 476 | 506 | 525 | 540 | 585 | 594 | 612 | 622 | 660 | 696 |
| 320 | 321 | 321 | 339 | 343 | 351 | 351 | 398 | 371 | 377 | 387 | 421 | |
| Research & development | 161 | 164 | 163 | 176 | 172 | 182 | 184 | 193 | 192 | 199 | 208 | 223 |
| 159 | 158 | 159 | 163 | 171 | 170 | 167 | 205 | 179 | 178 | 178 | 198 | |
| Selling & marketing | 73 | 99 | 97 | 102 | 77 | 99 | 99 | 109 | 111 | 110 | 0 | 127 |
| General & administrative | 86 | 59 | 61 | 61 | 94 | 71 | 69 | 96 | 68 | 68 | 0 | 71 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | 128 | 135 | 155 | 166 | 181 | 188 | 234 | 196 | 241 | 246 | 273 | 275 |
| 42 | 47 | 52 | 59 | 61 | 57 | 65 | 69 | 72 | 72 | 74 | 75 | |
| Other non-operating income | −42 | −47 | −52 | −59 | −61 | −57 | −65 | −69 | −72 | −72 | −74 | −75 |
| Income before tax | 171 | 183 | 207 | 225 | 242 | 245 | 299 | 265 | 313 | 318 | 348 | 350 |
| Income tax expense | 36 | 35 | 45 | 54 | 56 | 50 | 71 | 65 | 77 | 73 | 87 | 76 |
| Net income from continuing operations | 135 | 147 | 162 | 171 | 186 | 196 | 228 | 200 | 236 | 244 | 261 | 273 |
| Net income | 135 | 147 | 162 | 171 | 186 | 196 | 228 | 200 | 236 | 244 | 261 | 273 |
| EPS, basic | $0.84 | $0.92 | $1.00 | $1.06 | $1.15 | $1.20 | $1.40 | $1.23 | $1.44 | $1.49 | $1.60 | $1.68 |
| EPS, diluted | $0.83 | $0.90 | $0.98 | $1.04 | $1.13 | $1.17 | $1.37 | $1.19 | $1.40 | $1.45 | $1.57 | $1.66 |
| Weighted average shares, basic | 161 | 161 | 161 | 162 | 162 | 162 | 163 | 163 | 164 | 164 | 163 | 162 |
| Weighted average shares, diluted | 164 | 164 | 164 | 165 | 165 | 166 | 166 | 167 | 168 | 168 | 166 | 165 |
| EBITDA | 179 | 192 | 215 | 236 | 252 | 255 | 309 | 275 | 333 | 329 | 362 | 350 |
| Depreciation & amortization | 8 | 10 | 8 | 11 | 10 | 10 | 10 | 10 | 20 | 11 | 15 | 0 |
| EBIT | 171 | 183 | 207 | 225 | 242 | 245 | 299 | 265 | 313 | 318 | 348 | 350 |