Veeva Systems Inc. (VEEV) — Financial statements
Income statement, balance sheet, and cash flow for Veeva Systems Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,195↑16.3% | 2,747↑16.2% | 2,364↑9.7% | 2,155↑16.4% | 1,851 | |
| Cost of Revenue | 782↑11.8% | 700↑3.3% | 677↑11.1% | 609↑21.0% | 504 | |
| Gross Profit | 2,413↑17.9% | 2,047↑21.4% | 1,686↑9.1% | 1,546↑14.7% | 1,347 | |
| Operating Expenses | ||||||
| R&D Expenses | 767↑10.7% | 693↑10.2% | 629↑20.9% | 520↑36.2% | 382 | |
| General & Administrative Expenses | 301↑13.2% | 266↑7.8% | 247↑13.3% | 218↑26.9% | 172 | |
| Selling & Marketing Expenses | 429↑8.1% | 397↑4.0% | 381↑9.4% | 349↑21.0% | 288 | |
| SG&A Expenses | 730↑10.1% | 662↑5.5% | 628↑10.9% | 566↑23.2% | 460 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 1,497↑10.4% | 1,356↑7.8% | 1,257↑15.7% | 1,087↑29.1% | 842 | |
| Total Costs & Expenses | 2,279↑10.9% | 2,055↑6.2% | 1,934↑14.1% | 1,696↑26.1% | 1,345 | |
| Operating Results | ||||||
| Operating Income | 916↑32.5% | 691↑61.0% | 429↓6.5% | 459↓9.2% | 505 | |
| Depreciation & Amortization | 0.00↓100.0% | 39↑20.7% | 33↑12.0% | 29↑6.1% | 27 | |
| EBITDA | 916↑25.4% | 731↑58.2% | 462↓5.4% | 488↓8.4% | 533 | |
| EBIT | 916↑32.5% | 691↑61.0% | 429↓6.5% | 459↓9.2% | 505 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00↓100.0% | 208↑55.5% | 134↑191.6% | 46↑211.3% | 15 | |
| Interest Income | 0.00↓100.0% | 208↑55.5% | 134↑191.6% | 46↑211.3% | 15 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 278↑22.0% | 228↑43.6% | 159↑217.3% | 50↑633.7% | 7 | |
| Income Before Tax | 1,195↑29.9% | 919↑56.4% | 588↑15.5% | 509↓0.6% | 512 | |
| Income Tax Expense | 286↑39.2% | 205↑229.3% | 62↑191.3% | 21↓74.8% | 85 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 909↑27.3% | 714↑35.8% | 526↑7.8% | 488↑14.1% | 427 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 909↑27.3% | 714↑35.8% | 526↑7.8% | 488↑14.1% | 427 | |
| Bottom-Line Net Income | 909↑27.3% | 714↑35.8% | 526↑7.8% | 488↑14.1% | 427 | |
| EPS (Basic) | 5.55↑25.9% | 4.41↑34.9% | 3.27↑4.1% | 3.14↑12.5% | 2.79 | |
| EPS (Diluted) | 5.44↑25.9% | 4.32↑34.2% | 3.22↑7.3% | 3.00↑14.1% | 2.63 | |
| Weighted Average Shares | 164↑1.1% | 162↑0.8% | 161↑3.3% | 155↑1.4% | 153 | |
| Weighted Average Diluted Shares | 167↑1.1% | 165↑1.1% | 163↑0.6% | 162↑0.1% | 162 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.