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) Gross margin
Veeva Systems Inc.'s gross margin over the twelve months to 31 July 2026 was 75.0%, down 0.6 percentage points from fiscal 2026 (75.5%). Over the past ten years it has ranged from 63.1% (fiscal 2015) to 75.5% (fiscal 2026) — the current reading is the highest in ten years. That is above the Health Information Services industry median of 62.9% and above the Healthcare sector median of 53.5%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2026 | 75.5% | 1.00 |
| FY2025 | 74.5% | 3.18 |
| FY2024 | 71.4% | (0.37) |
| FY2023 | 71.7% | (1.07) |
| FY2022 | 72.8% | 0.70 |
| FY2021 | 72.1% | (0.43) |
| FY2020 | 72.5% | 0.97 |
| FY2019 | 71.6% | 2.17 |
| FY2018 | 69.4% | 0.93 |
| FY2017 | 68.5% | 3.20 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jul 2026 | 75.0% | 0.02 |
| Apr 2026 | 75.0% | 0.52 |
| Jan 2026 | 74.5% | (0.95) |
| Oct 2025 | 75.4% | 0.15 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| DOCS Doximity, Inc. compare | 88.1% |
| HNGE Hinge Health Inc. compare | 84.5% |
| HTFL Heartflow, Inc. compare | 80.1% |
| VEEV Veeva Systems Inc. | 75.0% |
| HQY HealthEquity, Inc. compare | 71.3% |
| TXG 10x Genomics compare | 70.0% |
| WAY Waystar Holding Corp. compare | 69.1% |
| TEM Tempus AI, Inc. compare | 64.0% |
| BTSG BrightSpring Health Services, Inc. compare | 12.4% |
| Health Information Services industry median | 62.9% |
| Healthcare sector median | 53.5% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on VEEV
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- 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