Veeva Systems (VEEV) financials
Veeva Systems revenue and earnings by year
Veeva Systems's revenue was $3.20 billion in the fiscal year to January 31, 2026, up 16.3% from the year before. Net income was $909 million, 28.4% of revenue. Since the fiscal year to January 31, 2017, revenue has grown 21.6% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.20 | 2.75 | 2.36 | 2.16 | 1.85 | 1.47 | 1.10 | 0.86 | 0.69 | 0.55 |
| Revenue growth | 16.3% | 16.2% | 9.7% | 16.4% | 26.3% | 32.7% | 28.1% | 24.9% | 25.4% | — |
| Gross profit | 2.41 | 2.05 | 1.69 | 1.55 | 1.35 | 1.06 | 0.80 | 0.62 | 0.48 | 0.38 |
| Gross margin | 75.5% | 74.5% | 71.3% | 71.7% | 72.8% | 72.1% | 72.5% | 71.6% | 69.4% | 68.5% |
| Operating income | 0.92 | 0.69 | 0.43 | 0.46 | 0.51 | 0.38 | 0.29 | 0.22 | 0.16 | 0.12 |
| Operating margin | 28.7% | 25.2% | 18.2% | 21.3% | 27.3% | 25.8% | 25.9% | 25.8% | 22.9% | 21.9% |
| Net income | 0.91 | 0.71 | 0.53 | 0.49 | 0.43 | 0.38 | 0.30 | 0.23 | 0.15 | 0.08 |
| Net margin | 28.4% | 26.0% | 22.2% | 22.6% | 23.1% | 25.9% | 27.3% | 26.7% | 21.9% | 14.1% |
| Diluted EPS | $5.44 | $4.32 | $3.22 | $3.00 | $2.63 | $2.36 | $1.91 | $1.47 | $0.98 | $0.48 |
| Free cash flow | 1.39 | 1.07 | 0.89 | 0.77 | 0.75 | 0.54 | 0.43 | 0.30 | 0.22 | 0.14 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open VEEV in Markets.
How Veeva Systems makes money
Revenue by segment in the quarter to July 31, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Subscription Services Veeva Research & Development & Quality Solutions | $419M | 45.2% |
| Subscription Services Veeva Commercial Cloud | $347M | 37.4% |
| Professional Services Veeva Research & Development & Quality Solutions | $101M | 10.9% |
| Professional Services Veeva Commercial Cloud | $59.7M | 6.4% |
See also: VEEV valuation and P/E history · VEEV returns
No forecast, no recommendation. This page describes Veeva Systems from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.