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.
Follow VEEV
Veeva Systems Inc. (VEEV) Free cash flow margin
Veeva Systems Inc.'s free cash flow margin over the twelve months to 31 July 2026 was 47.4%, up 4.0 percentage points from fiscal 2026 (43.4%). Over the past ten years it has ranged from 13.0% (fiscal 2015) to 43.4% (fiscal 2026) — the current reading is the highest in ten years. That is above the Health Information Services industry median of 0.00% and above the Healthcare sector median of 0.00%.
Free cash flow margin, annual
Embed this chart
Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2026 | 43.4% | 4.44 |
| FY2025 | 38.9% | 1.49 |
| FY2024 | 37.5% | 1.86 |
| FY2023 | 35.6% | (4.95) |
| FY2022 | 40.5% | 3.51 |
| FY2021 | 37.0% | (2.19) |
| FY2020 | 39.2% | 4.31 |
| FY2019 | 34.9% | 2.75 |
| FY2018 | 32.2% | 7.37 |
| FY2017 | 24.8% | 10.62 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| VEEV Veeva Systems Inc. | 47.4% |
| DOCS Doximity, Inc. compare | 45.3% |
| HNGE Hinge Health Inc. compare | 39.4% |
| HQY HealthEquity, Inc. compare | 32.1% |
| WAY Waystar Holding Corp. compare | 20.4% |
| TXG 10x Genomics compare | 19.7% |
| BTSG BrightSpring Health Services, Inc. compare | 2.80% |
| TEM Tempus AI, Inc. compare | −19.1% |
| HTFL Heartflow, Inc. compare | −27.9% |
| Health Information Services industry median | 0.00% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on VEEV
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement