VEEV
$285.45+2.47%
as of close, Sep 30, 2026
☾ AH $285.45 +2.47%
Veeva Systems Inc.Stock · TechnologyS&P 500 0.04%Russell 1000 0.04%Russell 3000 0.04%US Stock Market 0.04%MSCI ACWI 0.03%MSCI World 0.03%
VEEV financial statements
The full income statement, balance sheet, and cash-flow statement for Veeva Systems Inc. (VEEV), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-07 161.9M2024-10 162.4M2025-01 162.7M2025-04 163.4M2025-07 163.9M2025-10 164.4M2026-01 163.3M2026-04 162.4M2026-07 161.9M-0.0% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Income Statement | as ofJan 31 ’26 | as ofJan 31 ’25 | as ofJan 31 ’24 | as ofJan 31 ’23 | as ofJan 31 ’22 | |
| Revenue | 3.20B+16.3% | 2.75B+16.2% | 2.36B+9.7% | 2.16B+16.4% | 1.85B+26.3% | |
| 2.41B+17.9% | 2.05B+21.4% | 1.69B+9.1% | 1.55B+14.7% | 1.35B+27.5% | ||
| Cost of revenue | 782M+11.8% | 700M+3.3% | 677M+11.1% | 609M+21.0% | 504M+23.2% | |
| 1.50B+10.4% | 1.36B+7.8% | 1.26B+15.7% | 1.09B+29.1% | 842M+24.1% | ||
| Research & development | 767M+10.7% | 693M+10.2% | 629M+20.9% | 520M+36.2% | 382M+29.8% | |
| Selling, general & administrative | 301M+13.2% | 266M+7.8% | 247M+13.3% | 218M+26.9% | 172M+15.0% | |
| General & administrative | 301M+13.2% | 266M+7.8% | 247M+13.3% | 218M+26.9% | 172M+15.0% | |
| Selling & marketing | 429M+8.1% | 397M+4.0% | 381M+9.4% | 349M+21.0% | 288M+22.6% | |
| Amortization of intangibles | 14.0M-26.3% | 19.0M+0.0% | 19.0M+0.0% | 19.0M+0.0% | 19.0M-5.0% | |
| Provision for credit losses | — | — | 693K+170.7% | 256K-5.9% | 272K+188.6% | |
| Operating income | 916M+32.5% | 691M+61.0% | 429M-6.5% | 459M-9.2% | 505M+33.8% | |
| Other non-operating income | 278M+22.0% | 228M+43.6% | 159M+217.3% | 50.0M+633.7% | 6.82M-57.9% | |
| Pre-tax income | 1.19B+29.9% | 919M+56.4% | 588M+15.5% | 509M-0.6% | 512M+30.0% | |
| Income tax | 286M+39.2% | 205M+229.3% | 62.3M+191.3% | 21.4M-74.8% | 84.9M+506.8% | |
| 909M+27.3% | 714M+35.8% | 526M+7.8% | 488M+14.1% | 427M+12.5% | ||
| Net income to common | 909M+27.3% | 714M | — | — | — | |
| $5.44+25.9% | $4.32+34.2% | $3.22+7.3% | $3.00+14.1% | $2.63+11.4% | ||
| EPS (basic) | $5.55+25.9% | $4.41+34.9% | $3.27+4.1% | $3.14+12.5% | $2.79+10.7% | |
| Weighted-avg shares (basic) | 164M+1.1% | 162M+0.8% | 161M+3.3% | 155M+1.4% | 153M+1.7% | |
| Weighted-avg shares (diluted) | 167M+1.1% | 165M+1.1% | 163M+0.6% | 162M+0.1% | 162M+1.0% | |
| Balance Sheet | as ofJan 31 ’26 | as ofJan 31 ’25 | as ofJan 31 ’24 | as ofJan 31 ’23 | as ofJan 31 ’22 | |
| 8.00B+26.8% | 6.31B+26.1% | 5.00B+26.0% | 3.97B+27.7% | 3.11B+34.5% | ||
| Cash & equivalents | 1.42B+27.0% | 1.12B+59.0% | 703M-20.6% | 886M-22.1% | 1.14B+55.8% | |
| Accounts receivable | 1.26B+23.9% | 1.02B+19.3% | 852M+21.2% | 703M+11.4% | 631M+11.8% | |
| Prepaid expenses | 126M+24.7% | 101M+16.7% | 86.9M+6.7% | 81.5M+122.1% | 36.7M+3.0% | |
| 8.98B+22.3% | 7.34B+24.2% | 5.91B+23.0% | 4.80B+25.9% | 3.82B+25.3% | ||
| Property, plant & equipment | 70.3M+25.7% | 55.9M-4.5% | 58.5M+17.5% | 49.8M-8.6% | 54.5M+1.6% | |
| Operating lease right-of-use | 75.6M+18.4% | 63.9M+40.0% | 45.6M-17.6% | 55.3M+11.5% | 49.6M-12.8% | |
| Goodwill | 440M+0.0% | 440M+0.0% | 440M+0.0% | 440M+0.0% | 440M+0.9% | |
| Intangible assets | 30.3M-31.8% | 44.5M-29.4% | 63.0M-23.6% | 82.5M-19.1% | 102M-11.0% | |
| Deferred tax assets | 273M-20.5% | 344M+47.3% | 233M+70.8% | 137M+2581.9% | 5.10M-63.9% | |
| Other non-current assets | 62.3M+10.1% | 56.5M+30.6% | 43.3M+11.2% | 39.0M+55.0% | 25.1M+40.5% | |
| 1.64B+17.1% | 1.40B+18.6% | 1.18B+17.1% | 1.01B+19.7% | 841M+17.4% | ||
| Accounts payable | 37.6M+23.6% | 30.4M-3.4% | 31.5M-24.4% | 41.7M+104.8% | 20.3M-12.5% | |
| Deferred revenue | 1.49B+16.9% | 1.27B+21.4% | 1.05B+20.8% | 869M+18.8% | 732M+18.6% | |
| Current lease liability | 12.2M+21.9% | 9.97M+6.8% | 9.33M-17.4% | 11.3M+3.0% | 11.0M-3.2% | |
| 1.76B+17.1% | 1.51B+19.1% | 1.27B+16.4% | 1.09B+20.2% | 905M+16.0% | ||
| Non-current lease liability | 83.7M+27.2% | 65.8M+41.7% | 46.4M-6.5% | 49.7M+13.9% | 43.6M-15.1% | |
| Operating lease liability (total) | 95.9M+26.5% | 75.8M+35.9% | 55.8M-8.5% | 61.0M+11.7% | 54.6M-13.0% | |
| Deferred tax liabilities | 558K-4.9% | 587K-71.4% | 2.05M+37.5% | 1.49M-32.7% | 2.22M+20.8% | |
| Other non-current liabilities | 43.3M+1.6% | 42.6M+10.0% | 38.7M+28.7% | 30.1M+65.0% | 18.2M+72.5% | |
| 7.21B+23.7% | 5.83B+25.6% | 4.64B+25.0% | 3.72B+27.6% | 2.91B+28.5% | ||
| Common stock | 2.00K+0.0% | 2.00K+0.0% | 2.00K | — | — | |
| Additional paid-in capital | 2.84B+19.1% | 2.39B+24.6% | 1.92B+24.9% | 1.53B+28.1% | 1.20B+23.9% | |
| Retained earnings | 4.36B+26.3% | 3.45B+26.1% | 2.74B+23.7% | 2.21B+28.2% | 1.73B+32.9% | |
| Accumulated other comprehensive income | 8.16M+197.0% | -8.42M+20.9% | -10.6M+65.8% | -31.1M-160.3% | -12.0M-1305.4% | |
| Total liabilities & equity | 8.98B+22.3% | 7.34B+24.2% | 5.91B+23.0% | 4.80B+25.9% | 3.82B+25.3% | |
| Common shares issued | 164M+0.7% | 163M | — | — | — | |
| Common shares outstanding | 164M+0.7% | 163M+0.8% | 161M | — | — | |
| Shares outstanding (cover) | 163M+0.4% | 163M+0.9% | 161M | — | — | |
| Cash Flow | as ofJan 31 ’26 | as ofJan 31 ’25 | as ofJan 31 ’24 | as ofJan 31 ’23 | as ofJan 31 ’22 | |
| 1.42B+29.8% | 1.09B+19.6% | 911M+16.8% | 780M+2.1% | 764M+38.7% | ||
| Depreciation & amortization | — | — | 25.0M+0.0% | 25.0M-3.8% | 26.0M-10.3% | |
| Intangible amortization | 14.0M-26.3% | 19.0M+0.0% | 19.0M+0.0% | 19.0M+0.0% | 19.0M-5.0% | |
| Share-based compensation | 473M+8.1% | 437M+11.1% | 394M+11.9% | 352M+50.0% | 235M+26.8% | |
| Deferred income taxes | 65.1M+158.0% | -112M-6.5% | -105M+17.4% | -128M-1250.8% | 11.1M+1157.2% | |
| Change in receivables | 245M+48.7% | 165M+9.9% | 150M+107.6% | 72.2M+7.7% | 67.0M-61.5% | |
| Change in payables | 6.08M+410.0% | -1.96M+80.8% | -10.2M-147.7% | 21.4M+815.0% | -3.00M-497.5% | |
| Other operating activities | 3.26M+171.4% | 1.20M+155.0% | 471K-61.6% | 1.23M | — | |
| -1.10B-57.7% | -700M+35.0% | -1.08B-6.8% | -1.01B-191.1% | -346M-3.8% | ||
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 7.78M | |
| -9.33M-135.7% | 26.1M+261.3% | -16.2M+16.5% | -19.4M-368.0% | -4.14M-112.2% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 170M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | 919K+153.0% | -1.74M+2.5% | -1.78M+64.3% | -4.99M-7.1% | -4.66M-1062.2% | |
| Net change in cash | 302M-27.0% | 414M+326.4% | -183M+27.3% | -252M-161.4% | 410M+62.6% | |
| Income taxes paid | 230M-28.6% | 322M+139.5% | 134M-19.9% | 168M+186.5% | 58.6M+224.0% | |
| Valuation Ratios | as ofJan 31 ’26 | as ofJan 31 ’25 | as ofJan 31 ’24 | as ofJan 31 ’23 | as ofJan 31 ’22 | |
| Market cap | 33.5B-11.7% | 38.0B+13.4% | 33.5B+20.2% | 27.8B-27.0% | 38.1B-14.7% | |
| P/E | 39.0×-26.7% | 53.1×-16.5% | 63.6×+11.5% | 57.1×-36.0% | 89.2×-31.5% | |
| P/S | 10.9×-21.2% | 13.8×-2.4% | 14.2×+9.6% | 12.9×-37.3% | 20.6×-36.4% | |
| P/B | 4.8×-26.8% | 6.5×-9.7% | 7.2×-3.8% | 7.5×-42.8% | 13.1×-38.3% | |
| P/FCF | 69.6×-11.7% | 78.8×+13.4% | 69.5×+20.2% | 57.8×-27.0% | 79.1×-14.7% | |
| Earnings yield | 2.6%+36.4% | 1.9%+19.8% | 1.6%-10.3% | 1.8%+56.3% | 1.1%+46.0% | |
| FCF yield | 1.4%+13.2% | 1.3%-11.8% | 1.4%-16.8% | 1.7%+36.9% | 1.3%+17.3% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: VEEV’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all VEEV filings on SEC EDGAR → Not investment advice.