The Filings Report

Veeva Systems Inc.

VEEVNYSECIK 1393052Technology / Softwarefiscal year ends January50 quarters since 2014

Revenue, Q2 FY2027
$928M
+17.6% on Q2 FY2026
Net income
$273M
+36.5% on Q2 FY2026
Free cash flow
—
no year-earlier figure
Diluted EPS
$1.66
+39.5% on Q2 FY2026
Revenue, TTM
$3.5B
trailing four quarters
Net margin, TTM
29.3%
net income $1.0B
Free cash flow, TTM
—
Cash and equivalents
$1.8B
long-term debt —, Jul 31, 2026
Shares, 12-month change
−1.2%
162M shares, Jul 31, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
—
no yield
Market value
$50.7B
at the close, buybacks

Latest quarter Q2 FY2027, filed August 27, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q2 FY2027, the quarter ended July 31, 2026, Veeva Systems Inc. reported revenue of $928M, +17.6% on Q2 FY2026, and net income of $273M (+36.5%). Operating margin was 29.6%. Diluted earnings per share were $1.66.

The last 16 quarters

Q3 FY2023 to Q2 FY2027, through the filing of August 27, 2026.

Revenue and net incomeRevenueNet income
$0$250M$500M$750M$1.0BQ3'23, Revenue: $552MQ3'23, Net income: $108MQ3'23Q4'23, Revenue: $563MQ4'23, Net income: $189MQ4'23Q1'24, Revenue: $526MQ1'24, Net income: $132MQ1'24Q2'24, Revenue: $590MQ2'24, Net income: $112MQ2'24Q3'24, Revenue: $617MQ3'24, Net income: $135MQ3'24Q4'24, Revenue: $631MQ4'24, Net income: $147MQ4'24Q1'25, Revenue: $650MQ1'25, Net income: $162MQ1'25Q2'25, Revenue: $676MQ2'25, Net income: $171MQ2'25Q3'25, Revenue: $699MQ3'25, Net income: $186MQ3'25Q4'25, Revenue: $721MQ4'25, Net income: $196MQ4'25Q1'26, Revenue: $759MQ1'26, Net income: $228MQ1'26Q2'26, Revenue: $789MQ2'26, Net income: $200MQ2'26Q3'26, Revenue: $811MQ3'26, Net income: $236MQ3'26Q4'26, Revenue: $836MQ4'26, Net income: $244MQ4'26Q1'27, Revenue: $883MQ1'27, Net income: $261MQ1'27Q2'27, Revenue: $928MQ2'27, Net income: $273MQ2'27$0$250M$500M$750M$1.0BQ3'23, Revenue: $552MQ3'23, Net income: $108MQ4'23, Revenue: $563MQ4'23, Net income: $189MQ4'23Q1'24, Revenue: $526MQ1'24, Net income: $132MQ2'24, Revenue: $590MQ2'24, Net income: $112MQ2'24Q3'24, Revenue: $617MQ3'24, Net income: $135MQ4'24, Revenue: $631MQ4'24, Net income: $147MQ4'24Q1'25, Revenue: $650MQ1'25, Net income: $162MQ2'25, Revenue: $676MQ2'25, Net income: $171MQ2'25Q3'25, Revenue: $699MQ3'25, Net income: $186MQ4'25, Revenue: $721MQ4'25, Net income: $196MQ4'25Q1'26, Revenue: $759MQ1'26, Net income: $228MQ2'26, Revenue: $789MQ2'26, Net income: $200MQ2'26Q3'26, Revenue: $811MQ3'26, Net income: $236MQ4'26, Revenue: $836MQ4'26, Net income: $244MQ4'26Q1'27, Revenue: $883MQ1'27, Net income: $261MQ2'27, Revenue: $928MQ2'27, Net income: $273MQ2'27

Net income losses drawn in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$500M$1.0B$1.5B$2.0BQ3'23, Cash and equivalents: $865MQ3'23Q4'23, Cash and equivalents: $886MQ4'23Q1'24, Cash and equivalents: $1.1BQ1'24Q2'24, Cash and equivalents: $743MQ2'24Q3'24, Cash and equivalents: $744MQ3'24Q4'24, Cash and equivalents: $703MQ4'24Q1'25, Cash and equivalents: $1.2BQ1'25Q2'25, Cash and equivalents: $1.2BQ2'25Q3'25, Cash and equivalents: $1.0BQ3'25Q4'25, Cash and equivalents: $1.1BQ4'25Q1'26, Cash and equivalents: $2.0BQ1'26Q2'26, Cash and equivalents: $1.9BQ2'26Q3'26, Cash and equivalents: $1.7BQ3'26Q4'26, Cash and equivalents: $1.4BQ4'26Q1'27, Cash and equivalents: $1.9BQ1'27Q2'27, Cash and equivalents: $1.8BQ2'27$0$500M$1.0B$1.5B$2.0BQ3'23, Cash and equivalents: $865MQ4'23, Cash and equivalents: $886MQ4'23Q1'24, Cash and equivalents: $1.1BQ2'24, Cash and equivalents: $743MQ2'24Q3'24, Cash and equivalents: $744MQ4'24, Cash and equivalents: $703MQ4'24Q1'25, Cash and equivalents: $1.2BQ2'25, Cash and equivalents: $1.2BQ2'25Q3'25, Cash and equivalents: $1.0BQ4'25, Cash and equivalents: $1.1BQ4'25Q1'26, Cash and equivalents: $2.0BQ2'26, Cash and equivalents: $1.9BQ2'26Q3'26, Cash and equivalents: $1.7BQ4'26, Cash and equivalents: $1.4BQ4'26Q1'27, Cash and equivalents: $1.9BQ2'27, Cash and equivalents: $1.8BQ2'27

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q2 FY2027 filed August 27, 2026.

Veeva Systems Inc. income statement, quarterly
Millions of dollarsQ2 FY2027ended Jul 31, 2026filed Aug 27, 2026Q1 FY2027ended Apr 30, 2026filed Jun 5, 2026Q4 FY2026ended Jan 31, 2026filed Mar 20, 2026Q3 FY2026ended Oct 31, 2025filed Nov 21, 2025Q2 FY2026ended Jul 31, 2025filed Aug 29, 2025Q1 FY2026ended Apr 30, 2025filed Jun 2, 2025Q4 FY2025ended Jan 31, 2025filed Mar 24, 2025Q3 FY2025ended Oct 31, 2024filed Dec 9, 2024YoYQ2 FY2027vs Q2 FY2026
Revenue928883836811789759721699+17.6%
Cost of revenue232221213199195174181174+18.8%
Gross profit696662622612594585540525+17.2%
Research and development223208199192193184182172+15.7%
Selling, general and administrative7169686896697172−25.6%
Operating income275273246241196234188181+40.4%
Other income (expense)7574727269655761+7.3%
Pretax income350348318313265299245242+31.7%
Income tax7687737765715056+17.0%
Net income273261244236200228196186+36.5%
Diluted EPS ($)1.661.57—1.401.191.37—1.13+39.5%
Diluted shares (millions)165166—169168166—165—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q2 FY2027 filed August 27, 2026.

Veeva Systems Inc. balance sheet, quarterly
Millions of dollarsQ2 FY2027ended Jul 31, 2026filed Aug 27, 2026Q1 FY2027ended Apr 30, 2026filed Jun 5, 2026Q4 FY2026ended Jan 31, 2026filed Mar 20, 2026Q3 FY2026ended Oct 31, 2025filed Nov 21, 2025Q2 FY2026ended Jul 31, 2025filed Aug 29, 2025Q1 FY2026ended Apr 30, 2025filed Jun 2, 2025Q4 FY2025ended Jan 31, 2025filed Mar 24, 2025Q3 FY2025ended Oct 31, 2024filed Dec 9, 2024YoYQ2 FY2027vs Q2 FY2026
Cash and equivalents1,8121,8971,4211,6601,9301,9651,1191,045−6.1%
Short-term investments5,4315,4165,1404,9774,4734,1034,0314,018+21.4%
Total current assets7,9468,0637,9987,1126,9956,7086,3095,447+13.6%
Total assets9,0609,1308,9798,0977,9997,7657,3406,453+13.3%
Total current liabilities1,4561,7021,6379451,2551,4571,398857+16.0%
Long-term debt—————————
Total liabilities1,6291,8251,7651,0571,3611,5541,507951+19.7%
Stockholders’ equity7,4317,3047,2157,0416,6396,2115,8325,501+11.9%
Shares outstanding (millions)162162163164164163163162—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q2 FY2027 filed August 27, 2026.

Veeva Systems Inc. cash flow statement, quarterly
Millions of dollarsQ2 FY2027ended Jul 31, 2026filed Aug 27, 2026Q1 FY2027ended Apr 30, 2026filed Jun 5, 2026Q4 FY2026ended Jan 31, 2026filed Mar 20, 2026Q3 FY2026ended Oct 31, 2025filed Nov 21, 2025Q2 FY2026ended Jul 31, 2025filed Aug 29, 2025Q1 FY2026ended Apr 30, 2025filed Jun 2, 2025Q4 FY2025ended Jan 31, 2025filed Mar 24, 2025Q3 FY2025ended Oct 31, 2024filed Dec 9, 2024YoYQ2 FY2027vs Q2 FY2026
Operating cash flow2391,12710719323887770164+0.1%
Capital expenditures—————————
Free cash flow (CFO − capex)—————————
Depreciation and amortization—————————
Share repurchases246227——00———
Dividends paid—————————

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2026 filed March 20, 2026.

Income statement

Veeva Systems Inc. income statement, annual
Millions of dollarsFY2026ended Jan 31, 2026filed Mar 20, 2026FY2025ended Jan 31, 2025filed Mar 24, 2025FY2024ended Jan 31, 2024filed Mar 25, 2024FY2023ended Jan 31, 2023filed Mar 30, 2023FY2022ended Jan 31, 2022filed Mar 30, 2022FY2021ended Jan 31, 2021filed Mar 30, 2021FY2020ended Jan 31, 2020filed Mar 30, 2020FY2019ended Jan 31, 2019filed Mar 28, 2019FY2018ended Jan 31, 2018filed Mar 30, 2018FY2017ended Jan 31, 2017filed Mar 30, 2017FY2016ended Jan 31, 2016filed Mar 31, 2016FY2015ended Jan 31, 2015filed Apr 1, 2015
Revenue3,1952,7472,3642,1551,8511,4651,104862691551409313
Cost of revenue782700677609504409303245211174142116
Gross profit2,4132,0471,6861,5461,3471,056801617479377267198
Research and development767693629520382294210159132976641
Selling, general and administrative3012662472181721491148660494130
Operating income9166914294595053782862231581217970
Other income (expense)278228159507162716820(3)
Pretax income1,1959195885095123943142391661227967
Income tax2862056221851413915452427
Net income909714526488427380301230151785440
Diluted EPS ($)5.444.323.223.002.632.361.901.470.980.530.380.28
Diluted shares (millions)167165163162162161158156154148145144

Balance sheet

Veeva Systems Inc. balance sheet, annual
Millions of dollarsFY2026ended Jan 31, 2026filed Mar 20, 2026FY2025ended Jan 31, 2025filed Mar 24, 2025FY2024ended Jan 31, 2024filed Mar 25, 2024FY2023ended Jan 31, 2023filed Mar 30, 2023FY2022ended Jan 31, 2022filed Mar 30, 2022FY2021ended Jan 31, 2021filed Mar 30, 2021FY2020ended Jan 31, 2020filed Mar 30, 2020FY2019ended Jan 31, 2019filed Mar 28, 2019FY2018ended Jan 31, 2018filed Mar 30, 2018FY2017ended Jan 31, 2017filed Mar 30, 2017FY2016ended Jan 31, 2016filed Mar 31, 2016FY2015ended Jan 31, 2015filed Apr 1, 2015
Cash and equivalents1,4211,1197038861,138731477551320218132129
Short-term investments5,1404,0313,3242,2161,238933610539442———
Total current assets7,9986,3095,0033,9693,1072,3111,5311,4331,012712501502
Total assets8,9797,3405,9114,8043,8163,0462,2721,6541,230917706545
Total current liabilities1,6371,3981,1791,007841716551401306247186136
Long-term debt————————————
Total liabilities1,7651,5071,2661,088905780606416324265201138
Stockholders’ equity7,2155,8324,6453,7162,9122,2661,6661,238906678522407
Shares outstanding (millions)163163161—————————

Cash flow statement

Veeva Systems Inc. cash flow statement, annual
Millions of dollarsFY2026ended Jan 31, 2026filed Mar 20, 2026FY2025ended Jan 31, 2025filed Mar 24, 2025FY2024ended Jan 31, 2024filed Mar 25, 2024FY2023ended Jan 31, 2023filed Mar 30, 2023FY2022ended Jan 31, 2022filed Mar 30, 2022FY2021ended Jan 31, 2021filed Mar 30, 2021FY2020ended Jan 31, 2020filed Mar 30, 2020FY2019ended Jan 31, 2019filed Mar 28, 2019FY2018ended Jan 31, 2018filed Mar 30, 2018FY2017ended Jan 31, 2017filed Mar 30, 2017FY2016ended Jan 31, 2016filed Mar 31, 2016FY2015ended Jan 31, 2015filed Apr 1, 2015
Operating cash flow1,4151,090911780764551437311233144——
Capital expenditures——————381072127
Free cash flow (CFO − capex)——————434302224137——
Depreciation and amortization——————2014141484
Share repurchases17000—————————
Dividends paid————————————

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$15M
11 sales by 4 insiders; officers and directors $15M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$17M
16 sales by 4 insiders; officers and directors $17M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 15, 2026Ritter GordonDirectorotherindirect14,301$0.00—605,462Oct 19, 2026
Oct 15, 2026Ritter GordonDirectorotherindirect250,000$0.00—0Oct 19, 2026
Oct 14, 2026Faddis JonathanSVP, Gen. Counsel, Secretaryopen-market sale10b5-13,515$300.14$1M5,813Oct 16, 2026
Oct 14, 2026Faddis JonathanSVP, Gen. Counsel, Secretaryopen-market sale10b5-1975$299.29$292K4,838Oct 16, 2026
Oct 14, 2026Faddis JonathanSVP, Gen. Counsel, Secretaryopen-market sale10b5-1708$298.19$211K4,130Oct 16, 2026
Oct 2, 2026Rizzo Daniel JEVP, Sales, Consulting, & Svcsopen-market sale4,520$276.53$1M7,986Oct 5, 2026
Oct 2, 2026Rizzo Daniel JEVP, Sales, Consulting, & Svcsopen-market sale321$276.21$89K7,665Oct 5, 2026
Oct 2, 2026Faddis JonathanSVP, Gen. Counsel, Secretarygift803$0.00—9,328Oct 5, 2026
Oct 1, 2026Zuppas Eleni NitsaPresident & Chief of Staffoption exercise2,181$0.00—35,599Oct 5, 2026
Oct 1, 2026Zuppas Eleni NitsaPresident & Chief of Stafftax withholding1,110$281.93$313K34,489Oct 5, 2026
Oct 1, 2026Van Wagener BrianChief Financial Officeroption exercise1,636$0.00—10,961Oct 5, 2026
Oct 1, 2026Van Wagener BrianChief Financial Officertax withholding705$281.93$199K10,256Oct 5, 2026
Oct 1, 2026Schwenger Thomas D.Pres. & Chief Customer Officeroption exercise2,907$0.00—21,356Oct 5, 2026
Oct 1, 2026Schwenger Thomas D.Pres. & Chief Customer Officertax withholding1,272$281.93$359K20,084Oct 5, 2026
Oct 1, 2026Rizzo Daniel JEVP, Sales, Consulting, & Svcsoption exercise1,672$0.00—13,360Oct 5, 2026
Oct 1, 2026Rizzo Daniel JEVP, Sales, Consulting, & Svcstax withholding854$281.93$241K12,506Oct 5, 2026
Oct 1, 2026Kondath VipinChief Accounting Officeroption exercise168$0.00—2,951Oct 5, 2026
Oct 1, 2026Kondath VipinChief Accounting Officertax withholding61$281.93$17K2,890Oct 5, 2026
Oct 1, 2026Faddis JonathanSVP, Gen. Counsel, Secretaryoption exercise1,636$0.00—10,964Oct 5, 2026
Oct 1, 2026Faddis JonathanSVP, Gen. Counsel, Secretarytax withholding833$281.93$235K10,131Oct 5, 2026
Sep 14, 2026Schwenger Thomas D.Pres. & Chief Customer Officeropen-market sale10b5-11,000$265.20$265K18,449Sep 16, 2026
Sep 9, 2026Hung PriscillaDirectoropen-market sale750$261.04$196K3,242Sep 11, 2026
Sep 1, 2026Wallach Matthew JDirectoroption exercise460$0.00—107,393Sep 3, 2026
Sep 1, 2026Sekhri Paul JDirectoroption exercise460$0.00—15,651Sep 3, 2026
Sep 1, 2026Ritter GordonDirectorotherindirect250,000$0.00—250,000Sep 3, 2026

Full insider history for Veeva Systems Inc., or insider activity across all companies. A record of filings, not a recommendation.

Tracked funds holding it

2 of the tracked managers held VEEV in their latest 13F filing, through August 14, 2026. Weight is the share of the fund’s reported portfolio. How the funds have traded VEEV by quarter.

FundManagerQuarterValueSharesWeightMove
FundsmithTerry SmithQ2 2026$145M816,7851.06%new
Baron Capital GroupRon BaronQ2 2026$30M167,6760.04%held −0.3%

Sources

Fiscal year ends in month 1; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
Veeva Systems Inc., CIK 1393052 on EDGAR
Extract generated
October 6, 2026
Withheld
4 line-years whose four quarters do not sum to the filed year: gross profit FY2017, net income FY2017, operating income FY2017, revenue FY2017
Repaired
1 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: income tax FY2023
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax, Revenues
Cost of revenue: CostOfGoodsAndServicesSold, CostOfRevenue
Gross profit: GrossProfit
Research and development: ResearchAndDevelopmentExpense
Selling, general and administrative: GeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: AvailableForSaleSecuritiesDebtSecuritiesCurrent
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: not filed
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: not filed

The data

The statements on this page as files, generated October 6, 2026.

JSON file
/data/financials/VEEV.json