Veeva Systems Inc.

VEEVNYSE

$321.81

Last price · USD

Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.

Veeva Systems Inc. income statement

Annual · USD millions except per-share data · 26 lines

Fiscal year	2026latest	2025	2024	2023	2022	CAGR
Revenue & gross profit
Revenue	3,195	2,747	2,364	2,155	1,851	+14.6%
Cost of revenue	782	700	677	609	504	+11.6%
Gross profit	2,413	2,047	1,686	1,546	1,347	+15.7%
Operating expenses & income
Research & development	767	693	629	520	382	+19.0%
General & administrative	301	266	247	218	172	+15.1%
Selling & marketing	429	397	381	349	288	+10.5%
SG&A (combined)	730	662	628	566	460	+12.2%
Total operating expenses	1,497	1,356	1,257	1,087	842	+15.5%
Cost and expenses	2,279	2,055	1,934	1,696	1,345	+14.1%
Operating income	916	691	429	459	505	+16.0%
Non-operating & other
Interest income	0	208	134	46	15	—
Net interest income	0	208	134	46	15	—
Non-operating income (excl. interest)	(278)	(228)	(159)	(50)	(7)	—
Total other income (expenses), net	278	228	159	50	7	+152.8%
Profitability
Depreciation & amortization	50	39	37	38	37	+8.1%
Income before tax	1,195	919	588	509	512	+23.6%
Income tax expense	286	205	62	21	85	+35.4%
Net income from continuing operations	909	714	526	488	427	+20.8%
Net income	909	714	526	488	427	+20.8%
Bottom line net income	909	714	526	488	427	+20.8%
Additional fields
Ebit	1,195	919	588	509	512	+23.6%
Ebitda	1,245	959	625	547	549	+22.7%
Eps	$5.55	$4.41	$3.27	$3.14	$2.79	+18.8%
Eps Diluted	$5.44	$4.32	$3.22	$3.00	$2.63	+19.9%
Weighted Average Shs Out	164	162	161	155	153	+1.7%
Weighted Average Shs Out Dil	167	165	163	162	162	+0.7%