VEEVA SYSTEMS INC earnings

Veeva reported total revenues of $928.0 million for the fiscal 2027 second quarter, up 17.6% from the prior-year quarter. Subscription revenues came in at $766.8 million, up 16% year over year, and professional services and other revenue also grew.

Veeva Systems reported total revenues of $882.9 million for the fiscal 2027 first quarter ended April 30, 2026, up 16.3% from $759.0 million in the prior-year quarter. Subscription revenues were $730.2 million, up 15% from $634.8 million, and professional services and other revenues grew 23%.

Veeva closed fiscal 2026 with fourth quarter revenue of $836.0 million, up 16% from $720.9 million a year earlier. Full year revenue was $3,195.3 million, up 16% from $2,746.6 million.

Veeva Systems closed its fiscal 2026 third quarter with total revenues of $811.2 million, up 16% from $699.2 million in the prior-year quarter. Subscription services carried the quarter again at $682.5 million, up 17%. Professional services and other revenues grew 9%, a slower pace.

Veeva Systems reported fiscal 2026 second quarter revenue of $789.1 million, up 16.7% year over year. Gross profit rose 17.4% to $593.8 million. Operating income increased 17.7% to $195.9 million. Net income was $200.3 million, up 17.1%, and diluted EPS came in at $1.19, up 14.4%.

Veeva Systems reported fiscal 2026 first quarter total revenues of $759.0 million, up 17% from $650.3 million the year before. Gross profit rose 22.8% to $585.2 million, and gross margin climbed to 77.1% from 73.3%, a gain of 3.8 percentage points.

Veeva closed fiscal 2025 with steady top-line expansion and much faster profit growth. Fourth quarter total revenues were $720.9 million, up 14.3% year over year, and fiscal year revenues reached $2.75 billion, up 16.2%.

Veeva Systems reported a strong fiscal 2025 third quarter. Total revenue was $699.21 million, up 13.4% from the prior-year quarter. Year-to-date revenue was $2.03 billion, up 16.9%. Gross profit was $524.82 million, up 16.9%, and gross margin was 75.1%, up 2.3 percentage points.

Veeva Systems reported total revenues of $676.2 million for the fiscal 2025 second quarter ended July 31, 2024, up 14.6% from $590.2 million in the prior-year quarter.

Veeva Systems opened fiscal 2025 with revenue of $650.3 million in the quarter ended April 30, 2024, up 23.6% from the prior-year quarter. Gross profit rose 32.5% to $476.5 million, and gross margin widened to 73.3% from 68.3%.

Veeva Systems closed fiscal 2024 with fourth-quarter revenue of $630.6 million, up 12% year over year. Fiscal-year revenue reached $2.36 billion, up 10%. Gross profit for the quarter was $456.7 million, up 14.4% year over year. Gross margin was 72.4%, up 1.6 percentage points year over year.

Veeva's fiscal 2024 third quarter showed steady top-line growth and a split profitability picture. Revenue was $616.5 million, up 11.6% from $552.4 million in the prior-year quarter. Gross profit rose 12.6% to $448.8 million, and gross margin improved to 72.8% from 72.1%.

Veeva Systems reported FY2024 second-quarter total revenue of $590.2 million, up 10.5% year over year. Gross profit was $421.2 million, up 10.1%, while gross margin slipped to 71.4%, down 0.2 percentage points.

Veeva Systems opened fiscal 2024 with slower top-line growth and much thinner GAAP margins than a year ago. Total revenue for the quarter ended April 30, 2023 was $526.3 million, up 4.2% from $505.1 million in the prior-year quarter.

Veeva Systems closed fiscal 2023 with fourth-quarter revenue of $563.4 million, up 16% from $485.5 million in the prior-year quarter. Full-year revenue was $2,155.1 million, up 16% from $1,850.8 million.

Veeva Systems reported FY2023 third-quarter results for the period ended October 31, 2022. Total revenue reached $552.35 million, up 16.0% from the prior-year quarter. Subscription services represented 80% of total revenues for the nine months ended October 31, 2022.

Veeva Systems posted fiscal 2023 second quarter revenue of $534.2 million, up 17.3% from the prior-year quarter. Gross profit was $382.55 million, up 14.7%. The top line and gross profit grew, but GAAP profitability moved the other way. Operating income was $101.1 million, down 18.9% year over year.

Veeva opened fiscal 2023 with total revenue of $505.1 million for the quarter ended April 30, 2022, up from $433.6 million a year earlier. Gross profit was $365.6 million, up from $317.4 million, but gross margin slipped to 72.4% from 73.2%.

Veeva Systems closed fiscal 2022 with fourth quarter revenue of $485.5 million, up 22% from $396.8 million in the prior year quarter. The full year ended January 31, 2022 produced $1,850.8 million of revenue, up 26% from $1,465.1 million.

Veeva Systems reported FY2022 third quarter revenue of $476.1 million, up 26.1% from the prior-year quarter. Gross profit was $346.5 million, up 26.2%, and gross margin was 72.8%, flat versus the prior-year quarter. Operating income was $132.7 million, up 31%, and operating margin was 27.9%, up 1.0 percentage point.

Veeva Systems reported total revenues of $455.6 million for its fiscal 2022 second quarter, up 28.8% from $353.7 million in the prior-year quarter. Gross profit rose 30.0% to $333.5 million, and gross margin improved to 73.2% from 72.5%.

Veeva Systems closed the quarter ended April 30, 2021 with total revenues of $433.6 million, up 28.6% from $337.1 million one year earlier. Gross profit rose 31.0% to $317.4 million, lifting gross margin to 73.2% from 71.9%.

Veeva closed fiscal 2021 with fourth quarter revenue of $396.8 million, up 27% from $311.5 million a year earlier. That capped a full year in which total revenue reached $1.47 billion, an increase of 33%.

Veeva Systems reported fiscal 2021 third quarter total revenues of $377.5 million, up 34.4% from $280.9 million in the prior-year quarter. Net income was $96.96 million, up 17.9%. Diluted earnings per share were $0.60, up 15.4% from $0.52. Operating income came in at $101.3 million, up 25.4%.

Veeva Systems posted fiscal 2021 second quarter results for the period ended July 31, 2020. Total revenue was $353.7 million, up 32.5% from the prior-year quarter. Gross profit was $256.5 million, up 30.4%. Operating income was $90.1 million, up 22.0%, and net income was $93.6 million, up 18.1%.

Veeva Systems posted another quarter of fast growth. Total revenue for the first quarter ended April 30, 2020 was $337.1 million, up 37.7% from the prior-year quarter. Gross profit rose 35.1% to $242.2 million.