Veeva Systems Inc. (VEEV) Financial Statements

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Veeva Systems financial statements at a glance

Veeva Systems reported revenue of $3.20 billion for fiscal year 2026 (ended January 31, 2026), up 16.3% from fiscal year 2025. Net income was $908.91 million, a net margin of 28.4%, and diluted earnings per share were $5.44.

At the end of fiscal year 2026 it had total assets of $8.98 billion, total liabilities of $1.76 billion and shareholders' equity of $7.21 billion, with cash and short-term investments of $6.56 billion and total debt of $95.86 million.

Its operations brought in $1.42 billion of cash, leaving free cash flow of $1.42 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended January 31, 2026.

VEEV logo

Veeva Systems Inc.

VEEVUnited States
Healthcare
USD (Local)

Income Statement

Annual • USD

Total Revenue
3.20B
Prev Year: 2.75B
YoY: +16.3%
Operating Revenue
3.20B
Prev Year: 2.75B
YoY: +16.3%
Tax Rate for Calcs
0.239
Prev Year: 0
Tax Effect of Unusual Items
2.39M
Prev Year: -730.1K
YoY: +426.9%
Total Unusual Items
9.99M
Prev Year: -3.27M
YoY: +405.0%
Total Unusual Items Excluding Goodwill
9.99M
Prev Year: -3.27M
YoY: +405.0%
Interest Income
267.22M
Prev Year: 207.99M
YoY: +28.5%
Gain on Sale of Securities
9.99M
Prev Year: -3.27M
YoY: +405.0%
Non-operating Interest Income
267.22M
Prev Year: 207.99M
YoY: +28.5%
Selling and Marketing Expense
428.80M
Prev Year: 396.73M
YoY: +8.1%
General and Administrative Expense
300.74M
Prev Year: 265.74M
YoY: +13.2%
Other General and Administrative
300.74M
Prev Year: 265.74M
YoY: +13.2%
Cost of Revenue
782.02M
Prev Year: 699.64M
YoY: +11.8%
Gross Profit
2.41B
Prev Year: 2.05B
YoY: +17.9%
Operating Expense
1.50B
Prev Year: 1.36B
YoY: +10.4%
Selling General and Administrative
729.54M
Prev Year: 662.47M
YoY: +10.1%
Research and Development
767.39M
Prev Year: 693.08M
YoY: +10.7%
Operating Income
916.37M
Prev Year: 691.43M
YoY: +32.5%
Net Non Operating Interest Income Expense
267.22M
Prev Year: 207.99M
YoY: +28.5%
Other Income Expense
10.92M
Prev Year: 19.96M
YoY: -45.3%
Other Non-operating Income (expense)
934.0K
Prev Year: 611.0K
YoY: +52.9%
Pre-tax Income
1.19B
Prev Year: 919.38M
YoY: +29.9%
Provision for Income Taxes
285.60M
Prev Year: 205.24M
YoY: +39.2%
Net Income Common Stockholders
908.91M
Prev Year: 714.14M
YoY: +27.3%
Net Income
908.91M
Prev Year: 714.14M
YoY: +27.3%
Net Income Including Non-Controlling Interests
908.91M
Prev Year: 714.14M
YoY: +27.3%
Net Income from Continuing Operations
908.91M
Prev Year: 714.14M
YoY: +27.3%
Diluted NI Available to Com Stockholders
908.91M
Prev Year: 714.14M
YoY: +27.3%
Basic EPS
5.55
Prev Year: 4.41
YoY: +25.9%
Diluted EPS
5.44
Prev Year: 4.32
YoY: +25.9%
Weighted Average Shares (basic)
163.67M
Prev Year: 161.88M
YoY: +1.1%
Weighted Average Shares (diluted)
167.00M
Prev Year: 165.23M
YoY: +1.1%
Total Operating Income as Reported
916.37M
Prev Year: 691.43M
YoY: +32.5%
Total Expenses
2.28B
Prev Year: 2.06B
YoY: +10.9%
Net Income from Continuing and Discontinued Operation
908.91M
Prev Year: 714.14M
YoY: +27.3%
Normalized Income
901.31M
Prev Year: 716.68M
YoY: +25.8%
Net Interest Income
267.22M
Prev Year: 207.99M
YoY: +28.5%
EBIT
916.37M
Prev Year: 691.43M
YoY: +32.5%
EBITDA
954.34M
Prev Year: 730.82M
YoY: +30.6%
Reconciled Cost of Revenue
782.02M
Prev Year: 699.64M
YoY: +11.8%
Reconciled Depreciation
37.97M
Prev Year: 39.38M
YoY: -3.6%
Net Income from Continuing Operation Net Minority Interest
908.91M
Prev Year: 714.14M
YoY: +27.3%
Normalized EBITDA
944.36M
Prev Year: 734.09M
YoY: +28.6%
Values in USD

Veeva Systems key figures by fiscal year

FY2026FY2025FY2024FY2023FY2022
Revenue$3.2B$2.7B$2.4B$2.2B$1.9B
Gross profit$2.4B$2.0B$1.7B$1.5B$1.3B
Operating income$916.4M$691.4M$429.3M$459.1M$505.5M
Net income$908.9M$714.1M$525.7M$487.7M$427.4M
Diluted EPS$5.44$4.32$3.22$3.00$2.63
Total assets$9.0B$7.3B$5.9B$4.8B$3.8B
Total liabilities$1.8B$1.5B$1.3B$1.1B$904.8M
Shareholders' equity$7.2B$5.8B$4.6B$3.7B$2.9B
Cash and short-term investments$6.6B$5.2B$4.0B$3.1B$2.4B
Total debt$95.9M$75.8M$55.8M$61.0M$54.6M
Operating cash flow$1.4B$1.1B$911.3M$780.5M$764.5M
Free cash flow$1.4B$1.1B$911.3M$780.5M$764.5M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2015.

Questions and answers

What was Veeva Systems's revenue in fiscal year 2026?

$3.20 billion, up 16.3% from $2.75 billion in fiscal year 2025.

How much profit does Veeva Systems make?

Veeva Systems reported net income of $908.91 million for fiscal year 2026 (28.4% of revenue); operating income was $916.37 million.

How much cash and debt does Veeva Systems have?

At the end of fiscal year 2026: cash and short-term investments of $6.56 billion and total debt of $95.86 million.

What is Veeva Systems's free cash flow?

$1.42 billion in fiscal year 2026 (operating cash flow of $1.42 billion).

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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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