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) Net margin
Veeva Systems Inc.'s net margin over the twelve months to 31 July 2026 was 29.3%, up 0.9 percentage points from fiscal 2026 (28.4%). Over the past ten years it has ranged from 12.8% (fiscal 2015) to 28.4% (fiscal 2026) — the current reading is the highest in ten years. That is above the Health Information Services industry median of −15.5% and above the Healthcare sector median of 0.00%.
Net margin, annual
Embed this chart
Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2026 | 28.4% | 2.44 |
| FY2025 | 26.0% | 3.76 |
| FY2024 | 22.2% | (0.39) |
| FY2023 | 22.6% | (0.46) |
| FY2022 | 23.1% | (2.85) |
| FY2021 | 25.9% | (1.33) |
| FY2020 | 27.3% | 0.61 |
| FY2019 | 26.7% | 4.77 |
| FY2018 | 21.9% | 7.80 |
| FY2017 | 14.1% | 0.79 |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Jul 2026 | 29.5% | (0.08) |
| Apr 2026 | 29.6% | 0.34 |
| Jan 2026 | 29.2% | 0.09 |
| Oct 2025 | 29.1% | 3.73 |
| 43 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| VEEV Veeva Systems Inc. | 29.3% |
| DOCS Doximity, Inc. compare | 25.5% |
| HQY HealthEquity, Inc. compare | 17.4% |
| HNGE Hinge Health Inc. compare | 14.9% |
| WAY Waystar Holding Corp. compare | 11.2% |
| BTSG BrightSpring Health Services, Inc. compare | 2.55% |
| TXG 10x Genomics compare | −12.2% |
| TEM Tempus AI, Inc. compare | −17.8% |
| HTFL Heartflow, Inc. compare | −55.8% |
| Health Information Services industry median | −15.5% |
| Healthcare sector median | 0.00% |
| Market median | 0.45% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on VEEV
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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