7Baggers

Veeva Systems Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Revenue  
 Gross Profit  
 Operating Profit  
 Net Income  
20201031 20210131 20210430 20210731 20211031 20220131 20220430 20220731 20221031 20230131 20230430 20230731 20231031 20240131 20240430 20240731 20241031 20250131 20250430 20250731 0112.73225.45338.18450.9563.63676.36789.08Milllion

Veeva Systems Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-07-31 2025-04-30 2025-01-31 2024-10-31 2024-07-31 2024-04-30 2024-01-31 2023-10-31 2023-07-31 2023-04-30 2023-01-31 2022-10-31 2022-07-31 2022-04-30 2022-01-31 2021-10-31 2021-07-31 2021-04-30 2021-01-31 2020-10-31 2020-07-31 2020-04-30 2020-01-31 2019-10-31 2019-07-31 2019-04-30 2019-01-31 2018-10-31 2018-07-31 2018-04-30 2018-01-31 2017-10-31 2017-07-31 2017-04-30 2017-01-31 2016-10-31 2016-07-31 2016-04-30 2016-01-31 2015-10-31 2015-07-31 2015-04-30 2015-01-31 2014-10-31 2014-07-31 2014-04-30 2014-01-31 2013-10-31 
                                                  
  revenues:                                                
  subscription services659,183,000 634,768,000 608,577,000 580,850,000 561,277,000 533,955,000 521,498,000 494,912,000 470,637,000 414,546,000 460,152,000 441,569,000 428,649,000 402,632,000 395,683,000 380,738,000 366,436,000 341,119,000 322,811,000 302,938,000 283,502,000 270,235,000 254,107,000 226,760,000 217,312,000 198,115,000 190,658,000 178,214,000 169,592,000 156,003,000 150,886,000 141,943,000 134,340,000 127,277,000 119,498,000 113,575,000 105,211,000 96,032,000 90,404,000 81,736,000 75,280,000 68,894,000 66,535,000 61,435,000 56,572,000 48,521,000 45,686,000 38,935,000 
  professional services and other129,898,000 124,275,000 112,309,000 118,357,000 114,904,000 116,390,000 109,120,000 121,593,000 119,588,000 111,779,000 103,237,000 110,782,000 105,569,000 102,470,000 89,816,000 95,373,000 89,158,000 92,454,000 73,950,000 74,581,000 70,181,000 66,871,000 57,401,000 54,161,000 49,588,000 46,637,000 41,665,000 46,517,000 40,017,000 39,544,000 34,033,000 34,206,000 32,245,000 30,641,000 30,655,000 29,204,000 26,136,000 23,732,000 23,866,000 25,185,000 22,827,000 21,029,000 20,477,000 22,390,000 19,092,000 18,200,000 17,117,000 16,044,000 
  total revenues789,081,000 759,043,000 720,886,000 699,207,000 676,181,000 650,345,000 630,618,000 616,505,000 590,225,000 526,325,000 563,389,000 552,351,000 534,218,000 505,102,000 485,499,000 476,111,000 455,594,000 433,573,000 396,761,000 377,519,000 353,683,000 337,106,000 311,508,000 280,921,000 266,900,000 244,752,000 232,323,000 224,731,000 209,609,000 195,547,000 184,919,000 176,149,000 166,585,000 157,918,000 150,153,000 142,779,000 131,347,000 119,764,000 114,270,000 106,921,000 98,107,000 89,923,000 87,012,000 83,825,000 75,664,000 66,721,000 62,803,000 54,979,000 
  yoy16.70% 16.71% 14.31% 13.41% 14.56% 23.56% 11.93% 11.61% 10.48% 4.20% 16.04% 16.01% 17.26% 16.50% 22.37% 26.12% 28.81% 28.62% 27.37% 34.39% 32.52% 37.73% 34.08% 25.00% 27.33% 25.16% 25.64% 27.58% 25.83% 23.83% 23.15% 23.37% 26.83% 31.86% 31.40% 33.54% 33.88% 33.19% 31.33% 27.55% 29.66% 34.77% 38.55% 52.47%     
  qoq3.96% 5.29% 3.10% 3.41% 3.97% 3.13% 2.29% 4.45% 12.14% -6.58% 2.00% 3.39% 5.76% 4.04% 1.97% 4.50% 5.08% 9.28% 5.10% 6.74% 4.92% 8.22% 10.89% 5.25% 9.05% 5.35% 3.38% 7.21% 7.19% 5.75% 4.98% 5.74% 5.49% 5.17% 5.16% 8.70% 9.67% 4.81% 6.87% 8.98% 9.10% 3.35% 3.80% 10.79% 13.40% 6.24% 14.23%  
  cost of revenues :                                                
  cost of subscription services93,830,000 78,346,000 83,493,000 82,638,000 78,791,000 78,148,000 77,398,000 74,435,000 71,169,000 67,575,000 68,913,000 65,734,000 64,035,000 58,953,000 60,137,000 59,648,000 53,909,000 51,217,000 52,132,000 45,845,000 43,400,000 43,212,000 42,506,000 31,964,000 31,480,000 30,378,000 29,615,000 28,335,000 29,146,000 29,913,000 29,769,000 27,758,000 26,800,000 26,138,000 25,300,000 24,233,000 23,108,000 21,745,000 20,215,000 18,273,000 16,819,000 15,873,000 15,210,000 14,409,000 13,346,000 12,040,000 11,790,000 9,511,000 
  cost of professional services and other101,423,000 95,478,000 97,498,000 91,751,000 91,581,000 95,736,000 96,530,000 93,247,000 97,849,000 99,088,000 95,401,000 88,173,000 87,634,000 80,562,000 75,744,000 69,916,000 68,188,000 64,919,000 61,715,000 57,152,000 53,804,000 51,668,000 51,813,000 41,365,000 38,738,000 35,125,000 34,911,000 33,039,000 30,080,000 30,242,000 29,148,000 25,478,000 23,604,000 22,744,000 21,170,000 19,692,000 19,087,000 19,346,000 19,529,000 18,739,000 16,654,000 16,112,000 15,946,000 16,007,000 14,790,000 13,910,000 12,568,000 11,881,000 
  total cost of revenues195,253,000 173,824,000 180,991,000 174,389,000 170,372,000 173,884,000 173,928,000 167,682,000 169,018,000 166,663,000 164,314,000 153,907,000 151,669,000 139,515,000 135,881,000 129,564,000 122,097,000 116,136,000 113,847,000 102,997,000 97,204,000 94,880,000 94,319,000 73,329,000 70,218,000 65,503,000 64,526,000 61,374,000 59,226,000 60,155,000 58,917,000 53,236,000 50,404,000 48,882,000 46,470,000 43,925,000 42,195,000 41,091,000 39,744,000 37,012,000 33,473,000 31,985,000 31,156,000 30,416,000 28,136,000 25,950,000 24,358,000 21,392,000 
  gross profit593,828,000 585,219,000 539,895,000 524,818,000 505,809,000 476,461,000 456,690,000 448,823,000 421,207,000 359,662,000 399,075,000 398,444,000 382,549,000 365,587,000 349,618,000 346,547,000 333,497,000 317,437,000 282,914,000 274,522,000 256,479,000 242,226,000 217,189,000 207,592,000 196,682,000 179,249,000 167,797,000 163,357,000 150,383,000 135,392,000 126,002,000 122,913,000 116,181,000 109,036,000 103,683,000 98,854,000 89,152,000 78,673,000 74,526,000 69,909,000 64,634,000 57,938,000 55,856,000 53,409,000 47,528,000 40,771,000 38,445,000 33,587,000 
  yoy17.40% 22.83% 18.22% 16.93% 20.09% 32.47% 14.44% 12.64% 10.11% -1.62% 14.15% 14.98% 14.71% 15.17% 23.58% 26.24% 30.03% 31.05% 30.26% 32.24% 30.40% 35.13% 29.44% 27.08% 30.79% 32.39% 33.17% 32.90% 29.44% 24.17% 21.53% 24.34% 30.32% 38.59% 39.12% 41.40% 37.93% 35.79% 33.43% 30.89% 35.99% 42.11% 45.29% 59.02%     
  qoq1.47% 8.39% 2.87% 3.76% 6.16% 4.33% 1.75% 6.56% 17.11% -9.88% 0.16% 4.16% 4.64% 4.57% 0.89% 3.91% 5.06% 12.20% 3.06% 7.03% 5.88% 11.53% 4.62% 5.55% 9.73% 6.82% 2.72% 8.63% 11.07% 7.45% 2.51% 5.79% 6.55% 5.16% 4.88% 10.88% 13.32% 5.56% 6.60% 8.16% 11.56% 3.73% 4.58% 12.37% 16.57% 6.05% 14.46%  
  gross margin %75.26% 77.10% 74.89% 75.06% 74.80% 73.26% 72.42% 72.80% 71.36% 68.33% 70.83% 72.14% 71.61% 72.38% 72.01% 72.79% 73.20% 73.21% 71.31% 72.72% 72.52% 71.85% 69.72% 73.90% 73.69% 73.24% 72.23% 72.69% 71.74% 69.24% 68.14% 69.78% 69.74% 69.05% 69.05% 69.24% 67.88% 65.69% 65.22% 65.38% 65.88% 64.43% 64.19% 63.71% 62.81% 61.11% 61.22% 61.09% 
  operating expenses :                                                
  research and development192,677,000 184,033,000 181,527,000 172,411,000 176,429,000 162,711,000 163,565,000 161,278,000 157,228,000 146,960,000 142,538,000 130,257,000 134,008,000 113,475,000 105,275,000 98,635,000 94,899,000 83,226,000 81,938,000 79,992,000 70,053,000 62,237,000 61,201,000 52,575,000 51,146,000 44,973,000 42,759,000 40,001,000 38,826,000 37,197,000 37,007,000 34,042,000 32,691,000 28,311,000 26,102,000 25,012,000 23,563,000 22,073,000 20,097,000 17,667,000 15,255,000 12,957,000 11,742,000 10,635,000 9,787,000 8,992,000 7,858,000 6,585,000 
  sales and marketing109,439,000 98,628,000 99,202,000 98,695,000 101,528,000 97,301,000 99,203,000 96,773,000 96,995,000 88,503,000 89,049,000 93,910,000 89,617,000 76,115,000 79,239,000 72,423,000 71,789,000 64,610,000 62,105,000 57,982,000 59,172,000 55,755,000 59,369,000 45,524,000 45,821,000 39,617,000 38,561,000 37,699,000 38,222,000 34,385,000 37,215,000 31,856,000 32,017,000 29,810,000 32,781,000 28,391,000 28,908,000 26,723,000 27,086,000 20,345,000 18,057,000 15,496,000 15,328,000 14,251,000 13,810,000 12,814,000 12,768,000 11,467,000 
  general and administrative95,804,000 68,826,000 70,743,000 72,359,000 61,365,000 61,277,000 58,658,000 62,283,000 62,935,000 62,669,000 58,565,000 52,873,000 57,832,000 48,325,000 45,386,000 42,781,000 42,185,000 41,155,000 40,028,000 35,243,000 37,173,000 36,669,000 36,225,000 28,693,000 25,859,000 23,490,000 23,479,000 22,563,000 20,517,000 19,854,000 16,893,000 15,347,000 14,575,000 13,576,000 12,270,000 11,641,000 12,859,000 12,071,000 12,132,000 11,797,000 8,969,000 8,560,000 8,103,000 8,582,000 7,146,000 6,408,000 6,511,000 5,550,000 
  total operating expenses397,920,000 351,487,000 351,472,000 343,465,000 339,322,000 321,289,000 321,426,000 320,334,000 317,158,000 298,132,000 290,152,000 277,040,000 281,457,000 237,915,000 229,900,000 213,839,000 208,873,000 188,991,000 184,071,000 173,217,000 166,398,000 154,661,000 156,795,000 126,792,000 122,826,000 108,080,000 104,799,000 100,263,000 97,565,000 91,436,000 91,115,000 81,245,000 79,283,000 71,697,000 71,153,000 65,044,000 65,330,000 60,867,000 59,315,000 49,809,000 42,281,000 37,013,000 35,173,000 33,468,000 30,743,000 28,214,000 27,137,000 23,602,000 
  operating income195,908,000 233,732,000 188,423,000 181,353,000 166,487,000 155,172,000 135,264,000 128,489,000 104,049,000 61,530,000 108,923,000 121,404,000 101,092,000 127,672,000 119,718,000 132,708,000 124,624,000 128,446,000 98,843,000 101,305,000 90,081,000 87,565,000 60,394,000 80,800,000 73,856,000 71,169,000 62,998,000 63,094,000 52,818,000 43,956,000 34,887,000 41,668,000 36,898,000 37,339,000 32,530,000 33,810,000 23,822,000 17,806,000 15,211,000 20,100,000 22,353,000 20,925,000 20,683,000 19,941,000 16,785,000 12,557,000 11,308,000 9,985,000 
  yoy17.67% 50.63% 39.30% 41.14% 60.01% 152.19% 24.18% 5.84% 2.93% -51.81% -9.02% -8.52% -18.88% -0.60% 21.12% 31.00% 38.35% 46.69% 63.66% 25.38% 21.97% 23.04% -4.13% 28.06% 39.83% 61.91% 80.58% 51.42% 43.15% 17.72% 7.25% 23.24% 54.89% 109.70% 113.86% 68.21% 6.57% -14.91% -26.46% 0.80% 33.17% 66.64% 82.91% 99.71%     
  qoq-16.18% 24.05% 3.90% 8.93% 7.29% 14.72% 5.27% 23.49% 69.10% -43.51% -10.28% 20.09% -20.82% 6.64% -9.79% 6.49% -2.98% 29.95% -2.43% 12.46% 2.87% 44.99% -25.25% 9.40% 3.78% 12.97% -0.15% 19.46% 20.16% 26.00% -16.27% 12.93% -1.18% 14.78% -3.79% 41.93% 33.79% 17.06% -24.32% -10.08% 6.82% 1.17% 3.72% 18.80% 33.67% 11.05% 13.25%  
  operating margin %24.83% 30.79% 26.14% 25.94% 24.62% 23.86% 21.45% 20.84% 17.63% 11.69% 19.33% 21.98% 18.92% 25.28% 24.66% 27.87% 27.35% 29.62% 24.91% 26.83% 25.47% 25.98% 19.39% 28.76% 27.67% 29.08% 27.12% 28.08% 25.20% 22.48% 18.87% 23.65% 22.15% 23.64% 21.66% 23.68% 18.14% 14.87% 13.31% 18.80% 22.78% 23.27% 23.77% 23.79% 22.18% 18.82% 18.01% 18.16% 
  other income69,456,000 65,089,000 56,707,000 60,937,000 58,573,000 51,729,000 47,429,000 42,187,000 38,826,000 30,248,000 26,440,000 12,458,000 8,398,000 2,709,000 -239,000 824,000 1,666,000 4,564,000 6,449,000 3,455,000 2,881,000 3,414,000 4,844,000 9,141,000 7,332,000 6,161,000 5,690,000 4,606,000 3,342,000 2,139,000 3,033,000 1,360,000 2,858,000 591,000 -243,000 525,000 -1,362,000 2,747,000 -400,000 110,000 -445,000 763,000 3,900,000 -989,000 -101,000 -30,000 -365,000 125,000 
  income before income taxes265,364,000 298,821,000 245,130,000 242,290,000 225,060,000 206,901,000 182,693,000 170,676,000 142,875,000 91,778,000 135,363,000 133,862,000 109,490,000 130,381,000 119,479,000 133,532,000 126,290,000 133,010,000 105,292,000 104,760,000 92,962,000 90,979,000 65,238,000 89,941,000 81,188,000 77,330,000 68,688,000 67,700,000 56,160,000 46,095,000 37,920,000 43,028,000 39,756,000 37,930,000 32,287,000 34,335,000 22,460,000 20,553,000 14,811,000 20,210,000 21,908,000 21,688,000 19,023,000 18,952,000 16,684,000 12,527,000 10,943,000 10,110,000 
  income tax provision65,055,000 70,631,000 49,505,000 56,482,000   6,755,750 35,518,000                                         
  net income200,309,000 228,190,000 195,625,000 185,808,000 171,041,000 161,664,000 147,398,000 135,158,000 111,628,000 131,521,000 188,533,000 108,457,000 90,601,000 100,115,000 97,096,000 105,869,000 108,858,000 115,567,000 102,918,000 96,959,000 93,551,000 86,570,000 66,182,000 82,245,000 79,242,000 73,449,000 71,151,000 64,085,000 50,286,000 44,310,000 33,706,000 34,393,000 37,844,000 36,023,000 21,707,000 21,630,000 12,958,000 12,509,000 17,590,000 10,482,000 13,406,000 12,982,000 13,326,000 10,258,000 9,578,000 7,221,000 6,247,000 6,525,000 
  yoy17.11% 41.15% 32.72% 37.47% 53.22% 22.92% -21.82% 24.62% 23.21% 31.37% 94.17% 2.44% -16.77% -13.37% -5.66% 9.19% 16.36% 33.50% 55.51% 17.89% 18.06% 17.86% -6.98% 28.34% 57.58% 65.76% 111.09% 86.33% 32.88% 23.00% 55.28% 59.01% 192.05% 187.98% 23.41% 106.35% -3.34% -3.64% 32.00% 2.18% 39.97% 79.78% 113.32% 57.21%     
  qoq-12.22% 16.65% 5.28% 8.63% 5.80% 9.68% 9.06% 21.08% -15.13% -30.24% 73.83% 19.71% -9.50% 3.11% -8.29% -2.75% -5.81% 12.29% 6.15% 3.64% 8.06% 30.81% -19.53% 3.79% 7.89% 3.23% 11.03% 27.44% 13.49% 31.46% -2.00% -9.12% 5.06% 65.95% 0.36% 66.92% 3.59% -28.89% 67.81% -21.81% 3.27% -2.58% 29.91% 7.10% 32.64% 15.59% -4.26%  
  net income margin %25.39% 30.06% 27.14% 26.57% 25.30% 24.86% 23.37% 21.92% 18.91% 24.99% 33.46% 19.64% 16.96% 19.82% 20.00% 22.24% 23.89% 26.65% 25.94% 25.68% 26.45% 25.68% 21.25% 29.28% 29.69% 30.01% 30.63% 28.52% 23.99% 22.66% 18.23% 19.52% 22.72% 22.81% 14.46% 15.15% 9.87% 10.44% 15.39% 9.80% 13.66% 14.44% 15.32% 12.24% 12.66% 10.82% 9.95% 11.87% 
  net income per share                                                
  basic1.23 1.4 1.2 1.15 1.06 0.91 0.84 0.7 0.82 1.21 0.7 0.58 0.65 0.63 0.69 0.71 0.76 0.68 0.64 0.62 0.58 0.45 0.56 0.54 0.5 0.49 0.44 0.35 0.31 0.24 0.24 0.27 0.26 0.16 0.16 0.1 0.09 0.13 0.08 0.1 0.1 0.1 0.08 0.07 0.06 0.04 0.07 
  diluted1.19 1.37 1.17 1.13 1.04 0.98 0.9 0.83 0.68 0.81 1.16 0.67 0.56 0.62 0.6 0.65 0.67 0.71 0.63 0.6 0.58 0.54 0.41 0.52 0.5 0.47 0.45 0.41 0.32 0.29 0.21 0.22 0.25 0.24 0.15 0.15 0.09 0.09 0.13 0.07 0.09 0.09 0.09 0.07 0.07 0.05 0.02 0.05 
  weighted-average shares used for eps calculation                                                
  basic163,496 162,749 161,879 161,987 161,708 161,421 160,532 160,768 160,396 159,852 155,385 155,392 154,951 154,514 153,251 153,514 153,090 152,444 150,666 150,993 150,413 149,541 147,796 148,157 147,510 146,708 144,244 144,737 143,748 142,777 140,311 140,857 140,010 137,096 135,698 135,624 135,126 133,996 132,020 132,413 131,799 131,163 127,713 129,212 127,314 123,902 51,725 35,802 
  diluted167,685 166,229 165,232 164,979 164,564 164,394 163,486 163,761 163,284 162,521 162,437 162,295 162,132 161,928 162,277 163,034 162,765 162,213 160,732 161,711 160,840 159,474 158,296 158,750 158,675 157,910 156,117 156,025 155,416 154,935 153,681 154,256 153,778 151,056 147,578 147,436 147,155 145,708 144,977 145,063 144,871 144,734 144,204 144,289 143,353 142,849 68,024 131,963 
  other comprehensive income:                                                
  net change in unrealized gain on available-for-sale investments-11,300 17,367 -1,482 -738 25,175 -18,861         -1,011 -2,741 -217 -1,086 -213 -1,230 1,131 1,297 544 753 461 962                       
  net change in cumulative foreign currency translation gain390    -104    267      -671.5 -308 -165 -2,213         1,453 -1,153 -1,572 -809 1,860 -6 327 905 -12 -321 312 113 215 79 41 -8 -15 -23 -34   
  comprehensive income189,399 245,519 193,668 184,924 196,112 141,655 174,299 132,003 103,004 136,891 203,046 90,150 87,477 87,862 90,876 102,820 108,476 112,268 100,408 94,291 97,575 88,256 66,468 82,511 77,961 73,709 73,318 62,965 49,071 43,806 34,088 34,144 38,205 36,822 21,499 21,080 13,368 12,796 17,737 10,527 13,371 12,971 13,376 10,340 9,441 7,233 6,255 6,533 
  net change in cumulative foreign currency translation loss -38 -475 -146  -1,148 -1,237 -518  -58 -1,355 -808 -900 -1,254     -2,297 -1,438 2,893 389 -732.75 -487 -1,742 -702                       
  cost of revenues:                                                
  operating expenses:                                                
  income tax benefit    54,019,000 45,237,000   31,247,000 -39,743,000                                       
  net change in unrealized loss on available-for-sale investments      -1,525 -2,637 -8,891 5,428 -7,680.5 -17,499 -2,224 -10,999                                   
  benefit from income taxes          -53,170,000 25,405,000 18,889,000 30,266,000 22,383,000 27,663,000 17,432,000 17,443,000 2,374,000 7,801,000 -589,000 4,409,000 -944,000 7,696,000 1,946,000 3,881,000 -2,463,000 3,615,000 5,874,000 1,785,000 4,214,000 8,635,000 1,912,000 1,907,000 10,580,000 12,705,000 9,502,000 8,044,000 -2,779,000 9,728,000 8,502,000 8,706,000 5,697,000 8,694,000 7,106,000 5,306,000 4,696,000 3,585,000 
  net income, basic and diluted                  102,918,000 96,959,000 93,551,000 86,570,000 66,182,000 82,245,000                         
  net income attributable to class a and class b commonstockholders, basic and diluted                        79,242,000                        
  net income attributable to class a and class b common stockholders, basic and diluted                         73,449,000 71,151,000 64,085,000 50,286,000 44,310,000 33,706,000 34,393,000 37,844,000 36,023,000 21,706,000 21,630,000 12,957,000 12,505,000 17,581,000 10,473,000 13,390,000 12,964,000   9,490,000 7,128,000   
  net change in unrealized gain (losses) on available-for-sale investments                          714 33                     
  net change in unrealized losses on available-for-sale investments                            357 305           -76        
  net change in unrealized gains on available-for-sale investments                              -78.75 -243 34 -106 -196 -229 98 174 -68 -34  -3 47 97 -114 46 
  net income attributable to class a and class b common stockholders:                                                
  basic                                          6,712,750 10,198,000   1,153,250 2,339,000 
  diluted                                          6,712,750 10,198,000   4,234,250 6,387,000 
  includes stock-based compensation as follows:                                                
  total stock-based compensation                                             3,256   

We provide you with 20 years income statements for Veeva Systems stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Veeva Systems stock. Explore the full financial landscape of Veeva Systems stock with our expertly curated income statements.

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