Financials in USD. Standardized financial statements.
A compact view of how Veeva Systems Inc. turns revenue into operating income and net income.
| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $3.20B | $2.75B | $2.36B | $2.16B | $1.85B | $1.47B | $1.10B | $862.21M | $690.56M | $544.04M |
| Revenue Growth? | +16.3% | +16.2% | +9.7% | +16.4% | +26.3% | +32.7% | +28.1% | +24.9% | +26.9% | 0.0% |
| 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 | $370.36M |
| Gross Margin? | +75.5% | +74.5% | +71.3% | +71.7% | +72.8% | +72.1% | +72.5% | +71.6% | +69.4% | +68.1% |
| Operating Expenses? | $1.50B | $1.36B | $1.26B | $1.09B | $841.60M | $678.35M | $514.49M | $394.06M | $321.21M | $256.17M |
| Operating Income? | $916.37M | $691.43M | $429.33M | $459.09M | $505.50M | $377.79M | $286.22M | $222.87M | $157.93M | $120.69M |
| EBITDA? | $916.37M | $730.82M | $461.96M | $488.21M | $532.94M | $407.25M | $306.08M | $236.94M | $179.47M | $134.51M |
| Income Before Tax | $1.19B | $919.38M | $588.02M | $509.10M | $512.31M | $393.99M | $313.70M | $238.64M | $165.77M | $122.36M |
| Income Tax Expense | $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 |
| EPS? | $5.55 | $4.41 | $3.27 | $3.14 | $2.79 | $2.52 | $2.04 | $1.59 | $1.08 | $0.51 |
| Diluted EPS? | $5.44 | $4.32 | $3.22 | $3.00 | $2.63 | $2.36 | $1.90 | $1.47 | $0.98 | $0.47 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality