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VEEV
Veeva Systems Inc.Stock · Technology
$252.63+$11.12 (+4.61%)as of market close, Aug 13, 2026
☾ After hours:$252.64+0.00%3:59 PM ET
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How Veeva Systems makes money

Period

How does Veeva Systems make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Veeva Systems Inc. · FY2026 · year ended 2026-01-31
Revenue$3.2BGross profit$2.4B · 76%Cost of revenue$782M · 24%Operating income$916M · 29%Operating expenses$1.5B · 47%R&D$767M · 24%SG&A$301M · 9%Selling & marketing$429M · 13%Pre-tax income$1.2B · 37%Other income$278M · 9%Net income$909M · 28%Income tax$286M · 9%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.