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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Veeva Systems Inc. (VEEV) Free cash flow
Veeva Systems Inc.'s free cash flow for fiscal 2026 was $1.4B, up 29.6% from $1.1B in fiscal 2025. Over the twelve months to 31 July 2026 it was $1.6B. Over the past ten years it has ranged from $40.6M (fiscal 2015) to $1.4B (fiscal 2026) — the current reading is the highest in ten years. Free cash flow has risen for 11 consecutive fiscal years. Veeva Systems Inc. ranks 1st of 51 Health Information Services companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2026 | $1.4B | 29.60% |
| FY2025 | $1.1B | 20.83% |
| FY2024 | $885.1M | 15.41% |
| FY2023 | $767.0M | 2.23% |
| FY2022 | $750.2M | 38.28% |
| FY2021 | $542.6M | 25.29% |
| FY2020 | $433.1M | 43.87% |
| FY2019 | $301.0M | 35.55% |
| FY2018 | $222.1M | 62.68% |
| FY2017 | $136.5M | 135.34% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jul 2026 | $230.7M | (79.50%) |
| Apr 2026 | $1.1B | 1,027.42% |
| Jan 2026 | $99.8M | (45.42%) |
| Oct 2025 | $182.9M | (21.21%) |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| VEEV Veeva Systems Inc. | $1.6B |
| HQY HealthEquity, Inc. compare | $437.0M |
| BTSG BrightSpring Health Services, Inc. compare | $402.4M |
| DOCS Doximity, Inc. compare | $297.0M |
| HNGE Hinge Health Inc. compare | $283.9M |
| WAY Waystar Holding Corp. compare | $246.3M |
| TXG 10x Genomics compare | $121.4M |
| HTFL Heartflow, Inc. compare | −$59.2M |
| TEM Tempus AI, Inc. compare | −$273.0M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on VEEV
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow 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