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Veeva Systems Inc.
NYSE:VEEV
239.29 (USD) • At close February 5, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 Q4 | 2014 Q3 | 2014 Q2 | 2014 Q1 | 2013 Q4 | 2013 Q3 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue
| 699.207 | 676.181 | 650.345 | 630.618 | 616.505 | 590.225 | 526.325 | 563.389 | 552.351 | 534.218 | 505.102 | 485.499 | 476.111 | 455.594 | 433.573 | 396.761 | 377.519 | 353.683 | 337.106 | 311.508 | 280.921 | 266.9 | 244.752 | 232.323 | 224.731 | 209.609 | 195.547 | 184.919 | 176.149 | 166.585 | 157.918 | 150.153 | 142.779 | 131.347 | 119.764 | 114.27 | 106.921 | 98.107 | 89.923 | 87.012 | 83.825 | 75.664 | 66.721 | 62.803 | 54.979 | 49.581 | 42.788 | 39.788 | 35.796 |
Cost of Revenue
| 174.389 | 170.372 | 173.884 | 177.565 | 167.682 | 169.018 | 166.663 | 164.314 | 153.907 | 151.669 | 139.515 | 135.881 | 129.564 | 122.097 | 116.136 | 113.847 | 102.997 | 97.204 | 94.88 | 94.319 | 73.329 | 70.218 | 65.503 | 64.526 | 61.374 | 59.226 | 60.155 | 58.917 | 53.236 | 50.404 | 48.882 | 46.47 | 43.925 | 42.195 | 41.091 | 39.744 | 37.012 | 33.473 | 31.985 | 31.156 | 30.416 | 28.136 | 25.95 | 24.358 | 21.392 | 19.143 | 17.709 | 16.761 | 15.856 |
Gross Profit
| 524.818 | 505.809 | 476.461 | 453.053 | 448.823 | 421.207 | 359.662 | 399.075 | 398.444 | 382.549 | 365.587 | 349.618 | 346.547 | 333.497 | 317.437 | 282.914 | 274.522 | 256.479 | 242.226 | 217.189 | 207.592 | 196.682 | 179.249 | 167.797 | 163.357 | 150.383 | 135.392 | 126.002 | 122.913 | 116.181 | 109.036 | 103.683 | 98.854 | 89.152 | 78.673 | 74.526 | 69.909 | 64.634 | 57.938 | 55.856 | 53.409 | 47.528 | 40.771 | 38.445 | 33.587 | 30.438 | 25.079 | 23.027 | 19.94 |
Gross Profit Ratio
| 0.751 | 0.748 | 0.733 | 0.718 | 0.728 | 0.714 | 0.683 | 0.708 | 0.721 | 0.716 | 0.724 | 0.72 | 0.728 | 0.732 | 0.732 | 0.713 | 0.727 | 0.725 | 0.719 | 0.697 | 0.739 | 0.737 | 0.732 | 0.722 | 0.727 | 0.717 | 0.692 | 0.681 | 0.698 | 0.697 | 0.69 | 0.691 | 0.692 | 0.679 | 0.657 | 0.652 | 0.654 | 0.659 | 0.644 | 0.642 | 0.637 | 0.628 | 0.611 | 0.612 | 0.611 | 0.614 | 0.586 | 0.579 | 0.557 |
Reseach & Development Expenses
| 172.411 | 176.429 | 162.711 | 163.536 | 161.278 | 157.228 | 146.96 | 142.538 | 130.257 | 134.008 | 113.475 | 105.275 | 98.635 | 94.899 | 83.226 | 81.938 | 79.992 | 70.053 | 62.237 | 61.201 | 52.575 | 51.146 | 44.973 | 42.759 | 40.001 | 38.826 | 37.197 | 37.007 | 34.042 | 32.691 | 28.311 | 26.102 | 25.012 | 23.563 | 22.073 | 20.097 | 17.667 | 15.255 | 12.957 | 11.742 | 10.635 | 9.787 | 8.992 | 7.858 | 6.585 | 6.357 | 5.527 | 4.692 | 3.605 |
General & Administrative Expenses
| 72.359 | 61.365 | 61.277 | 58.658 | 62.283 | 86.424 | 82.804 | 58.565 | 52.873 | 57.832 | 48.325 | 45.386 | 42.781 | 42.185 | 41.155 | 40.028 | 35.243 | 37.173 | 36.669 | 36.225 | 28.693 | 25.859 | 23.49 | 23.479 | 22.563 | 20.517 | 19.854 | 16.893 | 15.347 | 14.575 | 13.576 | 12.27 | 11.641 | 12.859 | 12.071 | 12.132 | 11.797 | 8.969 | 8.56 | 8.103 | 8.582 | 7.146 | 6.408 | 6.511 | 5.55 | 4.633 | 3.717 | 2.787 | 2.235 |
Selling & Marketing Expenses
| 98.695 | 101.528 | 97.301 | 99.203 | 96.773 | 73.506 | 68.368 | 89.049 | 93.91 | 89.617 | 76.115 | 79.239 | 72.423 | 71.789 | 64.61 | 62.105 | 57.982 | 59.172 | 55.755 | 59.369 | 45.524 | 45.821 | 39.617 | 38.561 | 37.699 | 38.222 | 34.385 | 37.215 | 31.856 | 32.017 | 29.81 | 32.781 | 28.391 | 28.908 | 26.723 | 27.086 | 20.345 | 18.057 | 15.496 | 15.328 | 14.251 | 13.81 | 12.814 | 12.768 | 11.467 | 9.61 | 7.662 | 6.186 | 5.316 |
SG&A
| 171.054 | 162.893 | 158.578 | 154.253 | 159.056 | 159.93 | 151.172 | 147.614 | 146.783 | 147.449 | 124.44 | 124.625 | 115.204 | 113.974 | 105.765 | 102.133 | 93.225 | 96.345 | 92.424 | 95.594 | 74.217 | 71.68 | 63.107 | 62.04 | 60.262 | 58.739 | 54.239 | 54.108 | 47.203 | 46.592 | 43.386 | 45.051 | 40.032 | 41.767 | 38.794 | 39.218 | 32.142 | 27.026 | 24.056 | 23.431 | 22.833 | 20.956 | 19.222 | 19.279 | 17.017 | 14.243 | 11.379 | 8.973 | 7.551 |
Other Expenses
| 0 | 0 | 51.729 | -111.261 | 42.187 | 38.826 | 30.248 | 26.44 | 12.458 | 8.398 | 2.709 | -0.239 | 0.824 | 1.666 | 4.564 | 6.449 | 3.455 | 2.881 | 3.414 | 4.844 | 9.141 | 7.332 | 6.161 | 5.69 | 4.606 | 3.342 | 2.139 | 3.033 | 1.36 | 2.858 | 0.591 | -0.243 | 0.525 | -1.362 | 2.747 | -0.4 | 0.11 | -0.445 | 0.763 | -1.66 | -0.989 | -0.101 | -0.03 | -0.365 | 0.125 | -0.065 | -0.499 | -0.603 | 0.074 |
Operating Expenses
| 343.465 | 339.322 | 321.289 | 317.789 | 320.334 | 317.158 | 298.132 | 290.152 | 277.04 | 281.457 | 237.915 | 229.9 | 213.839 | 208.873 | 188.991 | 184.071 | 173.217 | 166.398 | 154.661 | 156.795 | 126.792 | 122.826 | 108.08 | 104.799 | 100.263 | 97.565 | 91.436 | 91.115 | 81.245 | 79.283 | 71.697 | 71.153 | 65.044 | 65.33 | 60.867 | 59.315 | 49.809 | 42.281 | 37.013 | 35.173 | 33.468 | 30.743 | 28.214 | 27.137 | 23.602 | 20.6 | 16.906 | 13.665 | 11.156 |
Operating Income
| 181.353 | 166.487 | 155.172 | 135.264 | 128.489 | 104.049 | 61.53 | 108.923 | 121.404 | 101.092 | 127.672 | 119.718 | 132.708 | 124.624 | 128.446 | 98.843 | 101.305 | 90.081 | 87.565 | 60.394 | 80.8 | 73.856 | 71.169 | 62.998 | 63.094 | 52.818 | 43.956 | 34.887 | 41.668 | 36.898 | 37.339 | 32.53 | 33.81 | 23.822 | 17.806 | 15.211 | 20.1 | 22.353 | 20.925 | 20.683 | 19.941 | 16.785 | 12.557 | 11.308 | 9.985 | 9.838 | 8.173 | 9.362 | 8.784 |
Operating Income Ratio
| 0.259 | 0.246 | 0.239 | 0.214 | 0.208 | 0.176 | 0.117 | 0.193 | 0.22 | 0.189 | 0.253 | 0.247 | 0.279 | 0.274 | 0.296 | 0.249 | 0.268 | 0.255 | 0.26 | 0.194 | 0.288 | 0.277 | 0.291 | 0.271 | 0.281 | 0.252 | 0.225 | 0.189 | 0.237 | 0.221 | 0.236 | 0.217 | 0.237 | 0.181 | 0.149 | 0.133 | 0.188 | 0.228 | 0.233 | 0.238 | 0.238 | 0.222 | 0.188 | 0.18 | 0.182 | 0.198 | 0.191 | 0.235 | 0.245 |
Total Other Income Expenses Net
| 60.937 | 58.573 | 51.729 | 47.429 | 42.187 | 38.826 | 30.248 | 26.44 | 12.458 | 8.398 | 2.709 | -0.239 | 0.824 | 1.666 | 4.564 | 6.449 | 3.455 | 2.881 | 3.414 | 4.844 | 9.141 | 7.332 | 6.161 | 5.69 | 4.606 | 3.342 | 2.139 | 3.033 | 1.36 | 2.858 | 0.591 | -0.243 | 0.525 | -1.362 | 2.747 | -0.4 | 0.11 | -0.445 | 0.763 | -1.66 | -0.989 | -0.101 | -0.03 | -0.365 | 0.125 | -0.065 | -0.499 | -0.603 | 0.074 |
Income Before Tax
| 242.29 | 225.06 | 206.901 | 182.693 | 170.676 | 142.875 | 91.778 | 135.363 | 133.862 | 109.49 | 130.381 | 119.479 | 133.532 | 126.29 | 133.01 | 105.292 | 104.76 | 92.962 | 90.979 | 65.238 | 89.941 | 81.188 | 77.33 | 68.688 | 67.7 | 56.16 | 46.095 | 37.92 | 43.028 | 39.756 | 37.93 | 32.287 | 34.335 | 22.46 | 20.553 | 14.811 | 20.21 | 21.908 | 21.688 | 19.023 | 18.952 | 16.684 | 12.527 | 10.943 | 10.11 | 9.773 | 7.674 | 8.759 | 8.858 |
Income Before Tax Ratio
| 0.347 | 0.333 | 0.318 | 0.29 | 0.277 | 0.242 | 0.174 | 0.24 | 0.242 | 0.205 | 0.258 | 0.246 | 0.28 | 0.277 | 0.307 | 0.265 | 0.277 | 0.263 | 0.27 | 0.209 | 0.32 | 0.304 | 0.316 | 0.296 | 0.301 | 0.268 | 0.236 | 0.205 | 0.244 | 0.239 | 0.24 | 0.215 | 0.24 | 0.171 | 0.172 | 0.13 | 0.189 | 0.223 | 0.241 | 0.219 | 0.226 | 0.221 | 0.188 | 0.174 | 0.184 | 0.197 | 0.179 | 0.22 | 0.247 |
Income Tax Expense
| 56.482 | 54.019 | 45.237 | 35.295 | 35.518 | 31.247 | -39.743 | -53.17 | 25.405 | 18.889 | 30.266 | 22.383 | 27.663 | 17.432 | 17.443 | 2.374 | 7.801 | -0.589 | 4.409 | -0.944 | 7.696 | 1.946 | 3.881 | -2.463 | 3.615 | 5.874 | 1.785 | 4.214 | 8.635 | 1.912 | 1.907 | 10.58 | 12.705 | 9.502 | 8.044 | -2.779 | 9.728 | 8.502 | 8.706 | 5.697 | 8.694 | 7.106 | 5.306 | 4.696 | 3.585 | 3.775 | 2.829 | 3.075 | 3.109 |
Net Income
| 185.808 | 171.041 | 161.664 | 147.398 | 135.158 | 111.628 | 131.521 | 188.533 | 108.457 | 90.601 | 100.115 | 97.096 | 105.869 | 108.858 | 115.567 | 102.918 | 96.959 | 93.551 | 86.57 | 66.182 | 82.245 | 79.242 | 73.449 | 71.151 | 64.085 | 50.286 | 44.31 | 33.706 | 34.393 | 37.844 | 36.023 | 21.707 | 21.63 | 12.958 | 12.509 | 17.59 | 10.482 | 13.406 | 12.982 | 13.326 | 10.258 | 9.578 | 7.221 | 6.247 | 6.525 | 5.998 | 4.845 | 5.684 | 5.749 |
Net Income Ratio
| 0.266 | 0.253 | 0.249 | 0.234 | 0.219 | 0.189 | 0.25 | 0.335 | 0.196 | 0.17 | 0.198 | 0.2 | 0.222 | 0.239 | 0.267 | 0.259 | 0.257 | 0.265 | 0.257 | 0.212 | 0.293 | 0.297 | 0.3 | 0.306 | 0.285 | 0.24 | 0.227 | 0.182 | 0.195 | 0.227 | 0.228 | 0.145 | 0.151 | 0.099 | 0.104 | 0.154 | 0.098 | 0.137 | 0.144 | 0.153 | 0.122 | 0.127 | 0.108 | 0.099 | 0.119 | 0.121 | 0.113 | 0.143 | 0.161 |
EPS
| 1.15 | 1.06 | 1 | 0.92 | 0.84 | 0.7 | 0.82 | 1.2 | 0.7 | 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 | 0.5 | 0.49 | 0.44 | 0.35 | 0.31 | 0.24 | 0.25 | 0.28 | 0.27 | 0.16 | 0.16 | 0.1 | 0.09 | 0.13 | 0.08 | 0.1 | 0.1 | 0.1 | 0.08 | 0.07 | 0.06 | 0.05 | 0.07 | 0.01 | 0.009 | 0.052 | 0.01 |
EPS Diluted
| 1.13 | 1.04 | 0.98 | 0.9 | 0.83 | 0.68 | 0.81 | 1.16 | 0.67 | 0.56 | 0.62 | 0.6 | 0.65 | 0.67 | 0.71 | 0.64 | 0.6 | 0.58 | 0.54 | 0.42 | 0.52 | 0.5 | 0.47 | 0.45 | 0.41 | 0.32 | 0.29 | 0.22 | 0.23 | 0.25 | 0.24 | 0.15 | 0.15 | 0.09 | 0.09 | 0.12 | 0.07 | 0.09 | 0.09 | 0.09 | 0.07 | 0.07 | 0.05 | 0.04 | 0.05 | 0.01 | 0.008 | 0.047 | 0.009 |
EBITDA
| 181.353 | 177.507 | 163.671 | 144.971 | 136.853 | 112.136 | 69.079 | 116.602 | 128.561 | 108.32 | 134.73 | 126.759 | 139.607 | 124.624 | 135.074 | 105.578 | 108.83 | 97.398 | 95.443 | 68.627 | 80.8 | 73.856 | 71.169 | 66.592 | 66.477 | 56.316 | 47.552 | 38.543 | 45.269 | 40.469 | 40.788 | 36.011 | 37.279 | 27.292 | 21.211 | 18.826 | 22.581 | 22.353 | 20.925 | 21.469 | 19.941 | 16.785 | 12.557 | 11.441 | 9.985 | 10.249 | 8.34 | 9.515 | 8.858 |
EBITDA Ratio
| 0.259 | 0.263 | 0.252 | 0.23 | 0.222 | 0.19 | 0.131 | 0.207 | 0.233 | 0.203 | 0.267 | 0.261 | 0.293 | 0.289 | 0.312 | 0.266 | 0.288 | 0.275 | 0.283 | 0.23 | 0.308 | 0.298 | 0.313 | 0.287 | 0.296 | 0.269 | 0.243 | 0.208 | 0.257 | 0.243 | 0.258 | 0.24 | 0.261 | 0.208 | 0.177 | 0.165 | 0.211 | 0.242 | 0.244 | 0.249 | 0.25 | 0.235 | 0.202 | 0.194 | 0.196 | 0.209 | 0.197 | 0.242 | 0.25 |