Veeva Systems Inc.
VEEVNYSE
$321.81
Last price · USD
- Market cap
- $53.74B
- P/E
- 59.2x
- EV / EBITDA
- 42.1x
- P/S
- 16.8x
- FCF yield
- 2.6%
- Div. yield
- 0.00%
Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.
Revenue
$3.20B
+16.3%
4Y CAGR +14.6%
Gross profit
$2.41B
+17.9%
4Y CAGR +15.7%
Operating income
$916M
+32.5%
4Y CAGR +16.0%
Net income
$909M
+27.3%
4Y CAGR +20.8%
EPS (diluted)
$5.44
+25.9%
4Y CAGR +19.9%
Free cash flow
$1.39B
+29.6%
4Y CAGR +16.6%
Revenue & net income
Fiscal 2022–2026 · USD
RevenueNet income
Valuation
At $321.81 · FY2026 fundamentals
- Market cap
- $53.74B
- Enterprise value
- $52.42B
- P/E
- 59.2x
- P/S
- 16.8x
- P/B
- 7.4x
- EV / EBITDA
- 42.1x
- EV / Sales
- 16.4x
- Earnings yield
- 1.7%
- FCF yield
- 2.6%
- Shareholder yield
- 0.3%
Profitability
Margins as a share of revenue
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Gross margin | 75.5%+2.7pp | 72.8% | |
| Operating margin | 28.7%+1.4pp | 27.3% | |
| EBITDA margin | 39.0%+9.3pp | 29.7% | |
| Net margin | 28.4%+5.4pp | 23.1% | |
| FCF margin | 43.4%+2.8pp | 40.5% |
Returns & financial health
FY2026 with 4-year trend
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Return on equity | 12.6% | 14.7% | |
| Return on invested capital | 11.8% | 23.1% | |
| Return on assets | 10.1% | 11.2% | |
| Debt / equity | 0.01x | 0.02x | |
| Net debt / EBITDA | -1.06x | -1.97x | |
| Current ratio | 4.89x | 3.70x |
Cash & equivalents
$1.42B
Total debt
$95.9M
Capital allocation
How VEEV used its cash in FY2026
- Operating cash flow
- $1.42B
- Capital expenditure
- $29.1M
- Dividends paid
- $0.00
- Share repurchases
- $170M
- Stock-based compensation
- $473M
- Diluted shares
- 167.0M
- Share count change (4Y)
- +2.9%
Analyst estimates
Consensus for upcoming fiscal years
| Fiscal year | Revenue | Growth | EPS | Growth |
|---|---|---|---|---|
| FY2026 actual | $3.20B | $5.44 | ||
| FY2027E17 analysts | $3.69B | +15.5% | $9.24 | +69.8% |
| FY2028E16 analysts | $4.14B | +12.2% | $10.27 | +11.2% |
| FY2029E8 analysts | $4.65B | +12.2% | $11.54 | +12.3% |
About Veeva Systems Inc.
Technology · Software - Application
Veeva Systems Inc. is a leading provider of cloud-based software solutions, exclusively dedicated to the global life sciences industry. Its extensive operational presence spans across North America, Europe, the Asia Pacific region, the Middle East, Africa, and Latin America.
veeva.com- Sector
- Technology
- Industry
- Software - Application
- CEO
- Peter Gassner
- Employees
- 7,928
- Headquarters
- Pleasanton, CA, US
- IPO date
- 2013-10-16
Veeva Systems Inc. (VEEV) — frequently asked questions
Answered from the company's SEC filings
Veeva Systems Inc. is a leading provider of cloud-based software solutions, exclusively dedicated to the global life sciences industry.
Explore the full income statement, balance sheet and cash flow statement. Not investment advice.