Veeva Systems Inc.
VEEV Healthcare Health Information Services
Veeva Systems Inc.’s revenue for fiscal 2026 (year ended January 2026) was $3.2 billion, up 16.3% from fiscal 2025. In the quarter to July 2026, revenue grew 17.6%, EPS grew 36.6% and free cash flow was flat, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for ten.
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An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.
| Jan '17 | Jan '18 | Jan '19 | Jan '20 | Jan '21 | Jan '22 | Jan '23 | Jan '24 | Jan '25 | Jan '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue |
550.54 | 690.56 | 862.21 | 1,104.08 | 1,465.07 | 1,850.78 | 2,155.06 | 2,363.67 | 2,746.62 | 3,195.31 |
Revenue Growth |
34.53% | 25.43% | 24.86% | 28.05% | 32.70% | 26.33% | 16.44% | 9.68% | 16.20% | 16.34% |
Cost of Revenue |
173.68 | 211.42 | 245.28 | 303.37 | 408.93 | 503.68 | 609.41 | 677.29 | 699.64 | 782.02 |
Gross Profit |
376.86 | 479.14 | 616.93 | 800.71 | 1,056.14 | 1,347.10 | 1,545.66 | 1,686.38 | 2,046.98 | 2,413.29 |
R&D Expenses |
96.74 | 132.02 | 158.78 | 209.90 | 294.22 | 382.04 | 520.28 | 629.03 | 693.08 | 767.39 |
SG&A Expenses |
159.43 | 189.19 | 235.28 | 304.60 | 384.13 | 459.57 | 566.29 | 628.02 | 662.47 | 729.54 |
Operating Income |
120.69 | 157.93 | 222.87 | 286.22 | 377.79 | 505.50 | 459.09 | 429.33 | 691.43 | 916.37 |
Non-operating Income/Expense |
1.67 | 7.84 | 15.78 | 27.48 | 16.20 | 6.82 | 50.01 | 158.69 | 227.95 | 278.14 |
| 122.36 | 165.77 | 238.64 | 313.70 | 393.99 | 512.31 | 509.10 | 588.02 | 919.38 | 1,194.51 | |
Income Tax Provision |
44.78 | 14.59 | 8.81 | 12.58 | 14.00 | 84.92 | 21.39 | 62.32 | 205.24 | 285.60 |
Income after Tax |
77.57 | 151.18 | 229.83 | 301.12 | 380.00 | 427.39 | 487.71 | 525.71 | 714.14 | 908.91 |
Dividends (Preferred) |
0.00 | — | — | — | — | — | — | — | — | — |
Net Income Common |
77.57 | 151.18 | 229.83 | 301.12 | 380.00 | 427.39 | 487.71 | 525.71 | 714.14 | 908.91 |
EPS (Basic) |
0.51 | 1.01 | 1.59 | 2.03 | 2.52 | 2.79 | 3.14 | 3.27 | 4.41 | 5.55 |
EPS (Diluted) |
0.47 | 0.92 | 1.47 | 1.90 | 2.36 | 2.63 | 3.00 | 3.22 | 4.32 | 5.44 |
Shares (Basic, Weighted) |
135.70 | 140.31 | 144.24 | 147.80 | 150.67 | 153.25 | 155.39 | 160.53 | 161.88 | 163.67 |
Shares (Diluted, Weighted) |
147.58 | 153.68 | 156.12 | 158.30 | 160.73 | 162.28 | 162.44 | 163.49 | 165.23 | 167.00 |
Gross Margin |
68.45% | 69.38% | 71.55% | 72.52% | 72.09% | 72.79% | 71.72% | 71.35% | 74.53% | 75.53% |
EBIT Margin |
21.92% | 22.87% | 25.85% | 25.92% | 25.79% | 27.31% | 21.30% | 18.16% | 25.17% | 28.68% |
EBT margin |
22.22% | 24.01% | 27.68% | 28.41% | 26.89% | 27.68% | 23.62% | 24.88% | 33.47% | 37.38% |
Net Profit Margin |
14.09% | 21.89% | 26.66% | 27.27% | 25.94% | 23.09% | 22.63% | 22.24% | 26.00% | 28.44% |
Free Cash Flow Margin |
24.79% | 32.16% | 34.91% | 39.22% | 37.03% | 40.54% | 35.59% | 37.45% | 38.94% | 43.38% |
EBITDA |
150.55 | 190.24 | 252.88 | 323.33 | 431.06 | 565.26 | 506.68 | 453.62 | 721.90 | 961.07 |
EBIT |
120.69 | 157.93 | 222.87 | 286.22 | 377.79 | 505.50 | 459.09 | 429.33 | 691.43 | 916.37 |
Income from Continuous Operations |
77.57 | 151.18 | 229.83 | 301.12 | 380.00 | 427.39 | 487.71 | 525.71 | 714.14 | 908.91 |
Consolidated Net Income/Loss |
77.57 | 151.18 | 229.83 | 301.12 | 380.00 | 427.39 | 487.71 | 525.71 | 714.14 | 908.91 |
EPS (Basic, from Continuous Ops) |
0.57 | 1.08 | 1.59 | 2.04 | 2.52 | 2.79 | 3.14 | 3.27 | 4.41 | 5.55 |
EPS (Basic, Consolidated) |
0.57 | 1.08 | 1.59 | 2.04 | 2.52 | 2.79 | 3.14 | 3.27 | 4.41 | 5.55 |
EPS (Diluted, from Cont. Ops) |
0.53 | 0.98 | 1.47 | 1.90 | 2.36 | 2.63 | 3.00 | 3.22 | 4.32 | 5.44 |
Shares (Diluted, Average) |
147.58 | 153.68 | 156.12 | 158.30 | 160.73 | 162.28 | 162.44 | 163.49 | 165.23 | 167.00 |
EPS (Diluted, Consolidated) |
0.53 | 0.98 | 1.47 | 1.90 | 2.36 | 2.63 | 3.00 | 3.22 | 4.32 | 5.44 |
EBITDA Margin |
27.35% | 27.55% | 29.33% | 29.28% | 29.42% | 30.54% | 23.51% | 19.19% | 26.28% | 30.08% |
Operating Cash Flow Margin |
26.16% | 33.80% | 36.05% | 39.61% | 37.63% | 41.30% | 36.22% | 38.56% | 39.69% | 44.29% |