79/100B303.85
USD
-6.28
(-2.03%)
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Last updated: · Delayed 15 min
Fair value378.33Plus-20%175Price 303.85543
Q3 FY2027 · Earnings report
EPS estimate 2.33Revenue estimate 935.01M
Q3 FY2027 · Earnings report
EPS estimate 2.33Revenue estimate 935.01M
Veeva Systems financials
Yes. Veeva Systems earned 1.01B USD of net income over the last twelve months, 29.3% of its revenue. It made a profit in 16 of its 16 fiscal years since 2011.
- Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.
- 3.46B USD
- Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
- 1.01B USD
- Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.
- 1.64B USD
- Cash and short-term investments
- 7.24B USD
- Total debt
- 151.70M USD
- Shareholders' equityWhat is a balance sheet? The balance sheet lists what a company owns (assets), what it owes (liabilities) and what is left for its shareholders (equity) on one date.
- 7.43B USD
Cash, debt and equity as of 31 Jul 2026.
Veeva Systems earnings
Next earnings · Q3 FY2027
EPS estimate
2.33 USD
Revenue estimate
935.01M USD
Last quarter · Q2 FY2027
EPS2.35Beat +5.4%Revenue927.96MBeat +2.5%
Revenue
ReportedEstimate
EPS
ReportedEstimate
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q2 FY2028 | 2.56 | — | — | +8.84% | 1.03B | — | — | +11.40% | |
| Q1 FY2028 | 2.45 | — | — | +9.40% | 990.12M | — | — | +12.14% | |
| Q4 FY2027 | 2.31 | — | — | +12.04% | 944.08M | — | — | +12.93% | |
| Q3 FY2027 | 2.33 | — | — | +14.22% | 935.01M | — | — | +15.26% | |
| Q2 FY2027 | 2.23 | 2.35 | +5.38% | +18.09% | 905.38M | 927.96M | +2.49% | +17.60% | |
| Q1 FY2027 | 2.14 | 2.24 | +4.67% | +13.71% | 857.73M | 882.95M | +2.94% | +16.32% | |
| Q4 FY2026 | 1.94 | 2.06 | +6.19% | +18.39% | 810.67M | 835.95M | +3.12% | +15.96% | |
| Q3 FY2026 | 1.95 | 2.04 | +4.62% | +16.57% | 792.79M | 811.24M | +2.33% | +16.02% | |
| Q2 FY2026 | 1.90 | 1.99 | +4.74% | +22.84% | 768.45M | 789.08M | +2.69% | +16.70% | |
| Q1 FY2026 | 1.74 | 1.97 | +13.22% | +31.33% | 728.40M | 759.04M | +4.21% | +16.71% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2029 | 11.55 | — | — | +12.34% | 4.65B | — | — | +12.28% |
| FY2028 | 10.28 | — | — | +11.27% | 4.14B | — | — | +12.26% |
| FY2027 | 9.24 | — | — | +14.60% | 3.69B | — | — | +15.50% |
| FY2026 | 7.94 | 8.06 | +1.50% | +21.94% | 3.17B | 3.20B | +0.84% | +16.34% |
| FY2025 | 6.45 | 6.61 | +2.43% | +36.57% | 2.72B | 2.75B | +0.80% | +16.20% |
| FY2024 | 4.76 | 4.84 | +1.69% | +12.56% | 2.35B | 2.36B | +0.40% | +9.68% |
| FY2023 | 4.18 | 4.30 | +2.86% | +15.59% | 2.14B | 2.16B | +0.50% | +16.44% |
Veeva Systems growth and profitability
Full income statement- Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.
- 3.46B USD
- Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
- 1.01B USD
- Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.
- 74.96%
- Operating margin
- 29.93%
- Net margin
- 29.34%
Revenue / Net income
Revenue Net income Net margin
How Veeva Systems makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
Subscription2.68B 84.0%
Professional services and other511.12M 16.0%
Revenue3.20B 100.0%
Cost of revenue782.02M 24.5%
Gross profit2.41B 75.5%
Research and development767.39M 24.0%
Selling and administration729.54M 22.8%
Operating income916.37M 28.7%
Tax285.60M 8.9%
Net income908.91M 28.4%
FY2026, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2026, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Veeva Systems revenue breakdown
By product
FY2026
84.0%Subscription16.0%Professional services and other
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Subscription | 2.68B | 84.0% | — |
| Professional services and other | 511.12M | 16.0% | — |
By region
FY2026
60.9%North America30.1%Europe9.0%Asia Pacific
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| North America | 1.90B | 60.9% | +17.4% |
| Europe | 939.63M | 30.1% | +18.8% |
| Asia Pacific | 280.16M | 9.0% | +5.4% |
Operating and free cash flow
Full cash flow statementOperating cash flow Free cash flow
Veeva Systems financial health
Full balance sheet- Cash and short-term investments
- 7.24B USD
- Total debt
- 151.70M USD
- Net cash
- 7.09B USD
- Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.
- 1.64B USD
- Current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.
- 5.46
- Debt to equityWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
- 0.02
- Piotroski scoreWhat is the Piotroski F-Score? The Piotroski F-Score rates a company's financial strength from 0 to 9: one point for each of nine tests of profit, debt and efficiency it passes.
- 5 / 9
- Altman Z-scoreWhat is the Altman Z-Score? The Altman Z-Score rolls five financial ratios into one number that signals a company's risk of bankruptcy: over 3 is safe, under 1.8 is distress.
- 20.93
Cash, debt and free cash flow
Cash and short-term investments Total debt Free cash flow
Assets, liabilities and equity
Total assets Total liabilities Shareholders' equity
Veeva Systems valuation
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 48.93
- Forward P/E (FY2027)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 32.90
- Price to sales (TTM)What is the P/S ratio? The price-to-sales ratio compares a company's market value with its revenue over the last year: what you pay for each dollar of sales.
- 14.23
- Price to bookWhat is the P/B ratio? The price-to-book ratio compares a company's market value with its book value, the shareholders' equity on its balance sheet.
- 6.62
- EV / EBITDA (TTM)What is EV/EBITDA? EV/EBITDA compares a company's whole value, debt included and cash taken off, with a year of its earnings before interest, tax and depreciation.
- 32.47
Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.
Market capitalization
49.20B USD
+
Total debt
151.70M USD
−
Cash and short-term investments
7.24B USD
=
Enterprise value
42.10B USD
Valuation over time
P/EForward P/EForward P/E · EstimateEstimate
Veeva Systems against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.
Each figure in the latest fiscal year against the same figure from FY2022 to FY2026: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Roper Technologies, Strategy, Workday, Autodesk, Datadog, and Cadence Design Systems, the US Software - Application companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Below its median48.926.6114.7
- Gross marginHighest in 5 years75.5%71.3%75.5%Against its peers: 5 of 7Peers' median 77.8%
- Operating marginHighest in 5 years28.7%18.2%28.7%Against its peers: 2 of 7Peers' median 16.3%
- Net marginHighest in 5 years28.4%22.2%28.4%Against its peers: 1 of 7Peers' median 11.4%
- Return on equityAt its median12.6%11.3%14.7%Against its peers: 3 of 7Peers' median 8.3%
- Free cash flow marginHighest in 5 years43.4%35.6%43.4%Against its peers: 1 of 7Peers' median 29.6%
- Revenue growthAt its median16.3%9.7%26.3%Against its peers: 3 of 7Peers' median 13.6%
- EPS growthAbove its median25.9%7.3%34.2%Against its peers: 2 of 6Peers' median 2.1%
- Debt to EBITDALowest in 5 years0.08×0.08×0.11×Against its peers: 1 of 6Peers' median 2.82×
- Current ratioHighest in 5 years4.893.704.89Against its peers: 2 of 7Peers' median 2.09
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Veeva Systems ownership
- InstitutionsWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
- 90.06%
- Institutional holders
- 1,110 (+49)
- Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.
- 91.58%
Who owns the shares
Institutions 90.1% Others 9.9%
As of 30 Jun 2026
Shares free to trade
Free float 148.27M shares ·91.6% Closely held 13.63M shares ·8.4%
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q4 2026 | 0 | 5 | 24.50K | 275.88K |
| Q3 2026 | 0 | 7 | 73.02K | 362.89K |
| Q2 2026 | 0 | 2 | 38.88K | 16.97K |
| Q1 2026 | 0 | 2 | 7.89K | 11.95K |
Shares outstanding
Basic shares Diluted shares Change in diluted shares
Common questions about Veeva Systems's financials
Source: Financial Modeling Prep