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Veeva Systems Inc. (VEEV) Stock: Price, Forecast & Analyst Target

Veeva Systems Inc. (VEEV) — MoonshotScore 90/100 (Exceptional band), calculated Oct 5, 2026. Price $283.45 (+3.70%), as of the Oct 5, 2026 trading session; market cap $46.0B. Expected results Nov 25, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 6.35× (market value Oct 5, 2026; cash Jul 31, 2026) · expected results Nov 25, 2026

$283.45 +$10.12 (+3.70%) Market Cap $46.0B

Veeva Systems Inc. · VEEV · NYSE · Technology · Software - Application

Research dated 2026-09-12: Veeva Systems supplies cloud software, data, analytics and services exclusively to life sciences companies, spanning drug development, regulatory work, quality, safety and commercial operations. The case depends on whether that industry focus can keep subscription revenue and profit compounding fast enough to support a demanding valuation.

Price as of Oct 5, 2026

Key Statistics

90 of 100

MoonshotScore v2 · Veeva Systems (VEEV)

Exceptional
Business Quality Elite (80)
Financial Safety Fortress (96)
Valuation Rich (37)
Growth Durability Compounding (80)
Momentum Surging (87)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

High quality, a fortress balance sheet and durable growth, with no real weak spot — fairly priced, so not a bargain entry; the market is already moving on it. Business Quality: Elite; Financial Safety: Fortress; Valuation: Rich; Growth Durability: Compounding; Momentum: Surging.

  • quarterly revenue $928M (Q2 FY2027, quarter ended Jul 2026)
  • EPS beat 8 of 8
  • Altman Z 18.84 · Piotroski F 5

Helping: business quality, balance-sheet strength, durable growth, positive momentum

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for VEEV (30 recorded, newest six shown)
RecordedScoreBand
91Exceptional
91Exceptional
91Exceptional
91Exceptional
91Exceptional
90Exceptional

The score was 90 in the stored Oct 4, 2026 snapshot and remains 90 in the current publication computed Oct 5, 2026 (0); the largest pillar moves were Momentum -1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

As of
MeasureValue
Latest provided price$283.45
Change on the day+3.70%
52-week range$148.05–$310.50
Market capitalisation$46.0B
Price / earnings (trailing)44.01
Shares traded on the day1.01M
Beta (volatility vs the S&P 500)0.97

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 5, 2026: low $151, high $296, latest $283. 4 reported quarters marked, 4 above and 0 below the recorded estimate. 1 other dated event marked. $296 $151 high $296 Nov 20, 2025 · Earnings results · reported above the recorded estimate · close $2441Mar 4, 2026 · Earnings results · reported above the recorded estimate · close $1952Jun 3, 2026 · Earnings results · reported above the recorded estimate · close $1733Aug 26, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $2774Aug 26, 2026 · Earnings results · reported above the recorded estimate · close $2775 Sep 5, 2025 Oct 5, 2026 · $283 $273Sep 5, 2025$278Sep 19, 2025$296Oct 3, 2025$284Oct 17, 2025$291Oct 31, 2025$293Nov 14, 2025$240Nov 28, 2025$223Dec 12, 2025$225Dec 26, 2025$240Jan 9, 2026$222Jan 23, 2026$184Feb 6, 2026$180Feb 20, 2026$195Mar 6, 2026$184Mar 20, 2026$174Apr 2, 2026$168Apr 17, 2026$172May 1, 2026$159May 15, 2026$174May 29, 2026$160Jun 12, 2026$171Jun 26, 2026$190Jul 10, 2026$186Jul 24, 2026$230Aug 7, 2026$248Aug 21, 2026$275Sep 4, 2026$260Sep 18, 2026$273Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • And as we get another couple of quarters ahead and gain in the future of next year, we'll factor that into our guidance for next year.

    Brian Van Wagener · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Other perspectives

Council score for Veeva Systems (VEEV): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Strong
Momentum Strong
Business Quality Strong
Financial Safety Strong
Valuation Weak

Legends Council

6 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Neutral read
Simons-style lens (simulated) Jim Simons Neutral read
Englander-style lens (simulated) Izzy Englander Favorable read
Klarman-style lens (simulated) Seth Klarman Favorable read
Moon AI lens (model) Favorable read

Read on: Sep 24, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Moderate
Margin of Safety Fairly Valued
Profit Margin Strong
Revenue Growth Moderate
Debt/Equity Strong
ROE Moderate
Gross Margin Strong

Read on: Sep 24, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 24, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 6, 2026, except a card that shows its own read date.

Watch the VEEV film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Veeva Systems (VEEV), and what does it report?

Short answer · as of

Veeva is not a general application-software vendor with incidental healthcare exposure. Commercial Cloud supports customer engagement, medical communications, commercial data and analytics, while Vault manages content and data across clinical, regulatory, quality, safety and commercial workflows.

Research dated 2026-09-12.

Veeva is not a general application-software vendor with incidental healthcare exposure. Commercial Cloud supports customer engagement, medical communications, commercial data and analytics, while Vault manages content and data across clinical, regulatory, quality, safety and commercial workflows.

Reported revenue primarily measures subscriptions, with professional services and other work forming the smaller component. That mix makes product adoption and expansion within life sciences more important to the economic model than implementation volume alone.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Revenue by segment

2 · Latest results

What do the latest results show for Veeva Systems (VEEV)?

Short answer · as of

The most recent reported quarter, Q2 FY2027, carried revenue of $928M.

Research dated 2026-09-12.

Revenue, gross profit, operating profit and diluted earnings have all advanced across the latest reporting periods. The annual record shows the same direction over a longer span, while reported revenue and earnings have repeatedly exceeded prevailing estimates.

The operating mechanism is subscription growth across Commercial Cloud and Vault, supplemented by implementation, consulting and managed services. Research spending has continued rising as revenue expands, yet operating profit has also increased, indicating that product investment has not prevented further earnings growth.

Management has said that evidence from additional reporting periods will be incorporated into future guidance. That makes the outlook deliberately dependent on further execution rather than a fully settled forward view.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Revenue by segment; Reported versus estimated, last 8 quarters; Management outlook — dated call excerpts

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$927.96M Jul 31, 2026
Latest quarter · R&D
$222.92M Jul 31, 2026
Latest quarter · SG&A
$198.01M Jul 31, 2026
Latest quarter · FMP standardized operating result
$275.02M Jul 31, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jul 31, 2026$927.96M$222.92M$198.01M$275.02M
Apr 30, 2026$882.95M$208.32M$178.26M$273.11M
Jan 31, 2026$835.95M$198.79M$177.81M$245.88M
Oct 31, 2025$811.24M$191.88M$179.03M$240.85M

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$927.96M Aug 26, 2026
Latest report · revenue estimate
$905.38M Aug 26, 2026
Latest report · revenue vs estimate
Above estimate Aug 26, 2026
Latest report · EPS vs estimate
Above estimate Aug 26, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Aug 26, 2026$927.96M$905.38M$2.3500$2.2300
Jun 3, 2026$882.95M$857.73M$2.2400$2.1400
Mar 4, 2026$835.95M$810.67M$2.0600$1.9400
Nov 20, 2025$811.24M$792.79M$2.0400$1.9500

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2027$928M$273M$1.66 (diluted)
Q1 FY2027$883M$261M$1.57 (diluted)
Q4 FY2026$836M$244M$1.45 (diluted)
Q3 FY2026$811M$236M$1.40 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Veeva Systems (VEEV)?

Short answer

Cash and short-term investments were $7.24B at the Jul 31, 2026 balance-sheet date. Operating cash flow was $238.71M for the quarter ended Jul 31, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-12.

Veeva combines high gross and operating margins with positive operating cash flow and very light capital spending. Cash and short-term investments greatly exceed debt and total liabilities, leaving substantial capacity to fund product development without relying on external financing.

Cash generation is uneven between reporting periods, so near-term cash-flow comparisons can misrepresent the underlying trajectory. The more consequential operating risk is concentration: Veeva is dedicated to life sciences, so weaker demand across that customer base can affect commercial and development products together.

Valuation is the financial pressure point. Earnings and sales multiples assume continued profitable growth, while the cash balance offsets only part of the market value; slower subscription expansion or weaker operating leverage would therefore matter even without balance-sheet stress.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash against market value; Trailing twelve-month ratio set; Distress and quality screens; Business description

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$238.71M Jul 31, 2026
Previous quarter · operating cash flow
$1.13B Apr 30, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jul 31, 2026$238.71M−$8.02M
Apr 30, 2026$1.13B−$1.75M
Jan 31, 2026$106.85M−$7.03M
Oct 31, 2025$192.79M−$6.30M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Veeva Systems (VEEV)?

Short answer · as of

The next earnings report is expected on Nov 25, 2026.

Research dated 2026-09-12.

The next earnings release should be read for the pace of sequential revenue growth, the relationship between rising research expense and operating profit, and whether the long run of estimate beats continues. Current consensus implies only modest revenue progression from the latest reported level, while the earnings estimate remains close to the recent result.

Subscription performance matters more than professional-services volume because subscriptions dominate the revenue base. Cash conversion also deserves a longer view than any isolated reporting period, given the pronounced timing swings in operating cash flow.

Future guidance should reveal how management incorporates the additional operating evidence it said was still ahead. Any widening between revenue growth and research or selling costs would help show whether current margin strength is durable.

Sources (as of 2026-09-12): Next earnings report; Reported versus estimated, last 8 quarters; Quarterly income statement (USD thousands); Revenue by segment; Operating cash flow by quarter (USD millions); Management outlook — dated call excerpts

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. And as we get another couple of quarters ahead and gain in the future of next year, we'll factor that into our guidance for next year.

    Brian Van Wagener ·

5 · Peer comparison

How does Veeva Systems compare with its peers?

Short answer

Veeva Systems's score ranks tied for 4th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-12.

Veeva differs from broad cloud-software peers through exclusive life sciences specialization and a product set that follows customers from clinical development through regulatory, quality, safety and commercialization. Commercial applications, industry data and Vault workflows sit within the same vendor relationship rather than being separate horizontal tools.

Professional services support deployment and process change, but subscriptions carry most revenue. The result is a software-led model with margins and capital needs unlike service-heavy life sciences technology providers, alongside customer concentration that broader application vendors do not share.

Sources (as of 2026-09-12): Business description; Revenue by segment; Trailing twelve-month ratio set; Operating cash flow by quarter (USD millions)

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
argenx SE (ARGX) Named competitor$912.87 Oct 5, 2026$57.2B97 5-pillar Oct 5, 2026
AppLovin Corporation (APP) Same industry, near in market value$281.97 Oct 5, 2026$94.7B96 5-pillar Oct 5, 2026
IDEXX Laboratories, Inc. (IDXX) Named competitor$527.07 Oct 5, 2026$40.9B93 5-pillar Oct 5, 2026
Veeva Systems (VEEV) — this page$283.45$46.0B90
Edwards Lifesciences Corporation (EW) Named competitor$87.23 Oct 5, 2026$50.1B90 5-pillar Oct 5, 2026
Zoom Communications, Inc. (ZM) Same industry, near in market value$93.62 Oct 5, 2026$27.5B89 5-pillar Oct 5, 2026
Cardinal Health, Inc. (CAH) Named competitor$233.12 Oct 5, 2026$54.6B88 5-pillar Oct 5, 2026
PTC Inc. (PTC) Same industry, near in market value$192.26 Oct 5, 2026$22.2B85 5-pillar Oct 5, 2026
Intuit Inc. (INTU) Same industry, near in market value$284.68 Oct 5, 2026$77.4B82 5-pillar Oct 5, 2026
Workday, Inc. (WDAY) Same industry, near in market value$188.96 Oct 5, 2026$49.5B76 5-pillar Oct 5, 2026
Cadence Design Systems, Inc. (CDNS) Same industry, near in market value$353.48 Oct 5, 2026$97.6B76 5-pillar Oct 5, 2026
Autodesk, Inc. (ADSK) Same industry, near in market value$221.56 Oct 5, 2026$46.8B75 5-pillar Oct 5, 2026
Dynatrace, Inc. (DT) Same industry, near in market value$60.21 Oct 5, 2026$17.3B75 5-pillar Oct 5, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Technology stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$165.00 – $330.00
Consensus target
$290.50
Median target
$300.00

Consensus record · Captured .

Measured against a quoted price of $283.45 (as of Oct 5, 2026).

Insider activity

Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Oct 2, 2026

Transactions
51
Identified insiders
14
Purchases
0
Sales
9
Other transactions
42

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
90.1% Period end Jun 30, 2026
Previous quarter · ownership
84.1% Prior to period end Jun 30, 2026
Reporting holders
1,109 Period end Jun 30, 2026
Previous quarter · holders
1,060 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Blackrock, INC.12,862,503
Vanguard Capital Management LLC9,692,862
Vanguard Portfolio Management LLC7,414,743
State Street Corp6,706,909
Principal Financial Group INC4,979,210

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about Veeva Systems (VEEV)?

Read these with our analysis →

VEEV Technology Stock FAQ

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.

What do Veeva Commercial Cloud and Vault actually sell to life sciences companies?

Commercial Cloud combines customer engagement software, medical and marketing tools, data and analytics. Vault manages content and data for clinical, regulatory, quality, safety and commercial work.

Sources (as of 2026-09-12): Business description

Is Veeva mainly a consulting business or a subscription software business?

Subscriptions dominate revenue, while professional services support implementation, configuration, migration, integration and ongoing administration. Economic performance therefore rests more heavily on the software portfolio than on services volume.

Sources (as of 2026-09-12): Revenue by segment; Business description

Why can Veeva operating cash flow swing while profit remains strong?

Operating cash flow remains positive but varies sharply between reporting periods, whereas reported profit has progressed more steadily. The pattern makes cash conversion more informative across several periods than in isolation.

Sources (as of 2026-09-12): Operating cash flow by quarter (USD millions); Quarterly income statement (USD thousands); Annual revenue and net result (USD millions)

What would challenge Veeva’s life sciences specialization?

The same specialization that aligns Commercial Cloud and Vault with regulated industry workflows also concentrates demand within life sciences. A broad slowdown in customer spending could reach commercial, clinical and compliance products within the same portfolio.

Sources (as of 2026-09-12): Business description; Revenue by segment

What is the VEEV stock price today?

The last price recorded on this page for Veeva Systems Inc. (VEEV) is $283.45, as of the Oct 5, 2026 trading session (source: Financial Modeling Prep (FMP) quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the VEEV price target?

The analyst consensus price target for Veeva Systems Inc. (VEEV) is $290.50 (range $165.00 to $330.00, median $300.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-12): Business description; Revenue by segment; Annual revenue and net result (USD millions); Trailing twelve-month ratio set

Sources — records for every figure on this page (83 figures)

The 83 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsBrian Van Wagener (Aug 26, 2026): And as we get another couple of quarters ahead and gain in the future of next year, we'll factor that into our guidance for next year.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business addressPleasanton, CAOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "4280 Hacienda Drive, Pleasanton, CA, 94588, US".

FMP — 74 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateNov 25, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$283.45FMPFinancial Modeling Prep (FMP) quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time.
px.changeChange on the day+3.70%FMPFinancial Modeling Prep (FMP) quote
px.mcapMarket capitalization$46.0BFMPFinancial Modeling Prep (FMP) quote — Provider market cap uses the share class it prices; a company with more than one class may show a larger total elsewhere. Market cap record date: 2026-10-05. Source capture time was not supplied. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars+$10.12FMPFinancial Modeling Prep (FMP) quote
fin.q_revenueRevenue, Q2 FY2027$928MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.range5252-week range$148.05–$310.50FMPFinancial Modeling Prep (FMP) quote
px.pePrice / earnings (trailing)44.01FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day1.01MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.97FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executivePeter GassnerFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees7,928FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2022 through FY2026: FY2022 revenue $1.85B, net result $427.39M; FY2023 revenue $2.16B, net result $487.71M; FY2024 revenue $2.36B, net result $525.71M; FY2025 revenue $2.75B, net result $714.14M; FY2026 revenue $3.20B, net result $908.91MFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsSubscription $2.68B · Professional services and other $511.12MFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)74.9%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-07-31.revenue_kRevenue — period end 2026-07-31$927.96MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-07-31.rd_kR&D — period end 2026-07-31$222.92MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-07-31.sga_kSG&A — period end 2026-07-31$198.01MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-07-31.operating_result_kFMP standardized operating result — period end 2026-07-31$275.02MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-04-30.revenue_kRevenue — period end 2026-04-30$882.95MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-04-30.rd_kR&D — period end 2026-04-30$208.32MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-04-30.sga_kSG&A — period end 2026-04-30$178.26MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-04-30.operating_result_kFMP standardized operating result — period end 2026-04-30$273.11MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-01-31.revenue_kRevenue — period end 2026-01-31$835.95MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-01-31.rd_kR&D — period end 2026-01-31$198.79MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-01-31.sga_kSG&A — period end 2026-01-31$177.81MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-01-31.operating_result_kFMP standardized operating result — period end 2026-01-31$245.88MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-10-31.revenue_kRevenue — period end 2025-10-31$811.24MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-10-31.rd_kR&D — period end 2025-10-31$191.88MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-10-31.sga_kSG&A — period end 2025-10-31$179.03MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-10-31.operating_result_kFMP standardized operating result — period end 2025-10-31$240.85MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-08-26.revenue_actualRevenue · reported — report date 2026-08-26$927.96MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-26.revenue_estimatedRevenue · estimate — report date 2026-08-26$905.38MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-26.eps_actualEPS · reported — report date 2026-08-26$2.3500Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-26.eps_estimatedEPS · estimate — report date 2026-08-26$2.2300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-06-03.revenue_actualRevenue · reported — report date 2026-06-03$882.95MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-06-03.revenue_estimatedRevenue · estimate — report date 2026-06-03$857.73MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-06-03.eps_actualEPS · reported — report date 2026-06-03$2.2400Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-06-03.eps_estimatedEPS · estimate — report date 2026-06-03$2.1400Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-04.revenue_actualRevenue · reported — report date 2026-03-04$835.95MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-04.revenue_estimatedRevenue · estimate — report date 2026-03-04$810.67MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-04.eps_actualEPS · reported — report date 2026-03-04$2.0600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-04.eps_estimatedEPS · estimate — report date 2026-03-04$1.9400Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-20.revenue_actualRevenue · reported — report date 2025-11-20$811.24MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-20.revenue_estimatedRevenue · estimate — report date 2025-11-20$792.79MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-20.eps_actualEPS · reported — report date 2025-11-20$2.0400Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-20.eps_estimatedEPS · estimate — report date 2025-11-20$1.9500Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2027FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$7.24BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$238.71MFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-07-31. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$151.70MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value6.19×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-07-31.operating_cash_flow_mOperating cash flow — period end 2026-07-31$238.71MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-04-30.operating_cash_flow_mOperating cash flow — period end 2026-04-30$1.13BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-07-31.capex_mCapital expenditure (reported) — period end 2026-07-31−$8.02MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-04-30.capex_mCapital expenditure (reported) — period end 2026-04-30−$1.75MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-01-31.operating_cash_flow_mOperating cash flow — period end 2026-01-31$106.85MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-01-31.capex_mCapital expenditure (reported) — period end 2026-01-31−$7.03MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-10-31.operating_cash_flow_mOperating cash flow — period end 2025-10-31$192.79MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-10-31.capex_mCapital expenditure (reported) — period end 2025-10-31−$6.30MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$165.00 – $330.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$290.50FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$300.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP51 transactions · 0 purchases, 9 sales, 42 other transactions · 14 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Oct 2, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership90.1%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership84.1%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders1,109FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders1,060FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesBlackrock, INC. — shares in provider snapshot12,862,503FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesVanguard Capital Management LLC — shares in provider snapshot9,692,862FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesVanguard Portfolio Management LLC — shares in provider snapshot7,414,743FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesState Street Corp — shares in provider snapshot6,706,909FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesPrincipal Financial Group INC — shares in provider snapshot4,979,210FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 2 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 8 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-02 · Expired observation
fin.scoresDistress and quality screensAltman Z 18.84 · Piotroski F 5UNRECORDEDStored financial-scores observation — Captured 2026-10-04 · Expired observation

COMPUTED — 3 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments6.35×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $7.24B at Jul 31, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-05. Balance-sheet reference date: 2026-07-31. The inputs do not establish a single common source date for this ratio.
earn.history.depth.2026-08-26.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($927.96M) with the recorded estimate ($905.38M) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-08-26.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($2.3500) with the recorded estimate ($2.2300) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v290 of 100 · Exceptional · pillars 80 / 96 / 37 / 80 / 87OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement90 (stored snapshot Oct 4, 2026) → 90 (current publication computed Oct 5, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-07-31. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-07-31.revenue_k, fin.q_table.depth.2026-07-31.rd_k, fin.q_table.depth.2026-07-31.sga_k, fin.q_table.depth.2026-07-31.operating_result_k, fin.q_table.depth.2026-04-30.revenue_k, fin.q_table.depth.2026-04-30.rd_k, fin.q_table.depth.2026-04-30.sga_k, fin.q_table.depth.2026-04-30.operating_result_k, fin.q_table.depth.2026-01-31.revenue_k, fin.q_table.depth.2026-01-31.rd_k, fin.q_table.depth.2026-01-31.sga_k, fin.q_table.depth.2026-01-31.operating_result_k, fin.q_table.depth.2025-10-31.revenue_k, fin.q_table.depth.2025-10-31.rd_k, fin.q_table.depth.2025-10-31.sga_k, fin.q_table.depth.2025-10-31.operating_result_k.
  2. Earnings-history note. Source series as of 2026-08-26. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-08-26.revenue_actual, earn.history.depth.2026-08-26.revenue_estimated, earn.history.depth.2026-08-26.revenue_actual.comparison, earn.history.depth.2026-08-26.eps_actual.comparison, earn.history.depth.2026-08-26.eps_actual, earn.history.depth.2026-08-26.eps_estimated, earn.history.depth.2026-06-03.revenue_actual, earn.history.depth.2026-06-03.revenue_estimated, earn.history.depth.2026-06-03.eps_actual, earn.history.depth.2026-06-03.eps_estimated, earn.history.depth.2026-03-04.revenue_actual, earn.history.depth.2026-03-04.revenue_estimated, earn.history.depth.2026-03-04.eps_actual, earn.history.depth.2026-03-04.eps_estimated, earn.history.depth.2025-11-20.revenue_actual, earn.history.depth.2025-11-20.revenue_estimated, earn.history.depth.2025-11-20.eps_actual, earn.history.depth.2025-11-20.eps_estimated.
  3. Cash-flow note. Source series as of 2026-07-31. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-07-31.operating_cash_flow_m, fin.opcf.depth.2026-04-30.operating_cash_flow_m, fin.opcf.depth.2026-07-31.capex_m, fin.opcf.depth.2026-04-30.capex_m, fin.opcf.depth.2026-01-31.operating_cash_flow_m, fin.opcf.depth.2026-01-31.capex_m, fin.opcf.depth.2025-10-31.operating_cash_flow_m, fin.opcf.depth.2025-10-31.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Veeva Systems Inc. is a leading provider of cloud-based software solutions, exclusively dedicated to the global life sciences industry. Its extensive operational presence spans across North America, Europe, the Asia Pacific region, the Middle East, Africa, and Latin America. The company's product portfolio is primarily structured around two major offerings. First, the Veeva Commercial Cloud delivers an integrated suite of software, data, and analytics tools designed to optimize commercial operations. This includes vital applications such as Veeva Customer Relationship Management (CRM) and its specialized Medical CRM, Veeva Closed Loop Marketing (CLM), sophisticated analytics via Veeva CRM MyInsights, approved email communication with Veeva CRM Approved Email, digital engagement tools like Veeva CRM Engage, commercial alignment through Veeva Align, event management capabilities with Veeva CRM Events Management, data warehousing solutions (Veeva Nitro), data services (Veeva OpenData, Veeva Link), master data management (Veeva Network), advanced analytical insights (Veeva Crossix, Veeva Data Cloud), and patient engagement platforms (MyVeeva for Patients). Secondly, Veeva Vault provides a robust collection of cloud-native enterprise content and data management applications. These applications are engineered to support both critical commercial functions—encompassing sales, marketing, and medical content and communications—and comprehensive research and development processes, including clinical trials, regulatory compliance, quality management, and patient safety. Beyond its software, Veeva offers a wide array of professional and support services. These range from strategic implementation and deployment planning, project management, and detailed requirements analysis to solution design and configuration. They also include system environment management and deployment, expert consulting for business process transformation related to Veeva solutions, technical guidance on data migration and systems integrations, comprehensive training programs, and ongoing managed services such as outsourced systems administration. Tracing its origins, the company was incorporated in 2007 as Verticals onDemand, Inc., and subsequently rebranded to Veeva Systems Inc. in April 2009. Its corporate headquarters are situated in Pleasanton, California.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
Subscription: $2.68B; Professional services and other: $511.12M
2026-01-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2026 — R&D: $767.39M, Revenue: $3.20B, Period end: 2026-01-31, Net result: $908.91M
  • FY2025 — R&D: $693.08M, Revenue: $2.75B, Period end: 2025-01-31, Net result: $714.14M
  • FY2024 — R&D: $629.03M, Revenue: $2.36B, Period end: 2024-01-31, Net result: $525.71M
  • FY2023 — R&D: $520.28M, Revenue: $2.16B, Period end: 2023-01-31, Net result: $487.71M
  • FY2022 — R&D: $382.04M, Revenue: $1.85B, Period end: 2022-01-31, Net result: $427.39M
2026-01-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Trailing twelve-month ratio set
Quick ratio: 5.46; Current ratio: 5.46; Debt to equity: 0.02; Net margin: 29.3%; Gross margin: 74.9%; Operating margin: 29.9%; Return on assets: 11.2%; Return on equity: 14%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-12FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Sector / industry (provider taxonomy)
Technology / Software - Application

The company's SEC filings classify it under SIC 7372 — Services-Prepackaged Software.

2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-07-31 — EPS: $1.66 per share, R&D: $222.92M, SG&A: $198.01M, EPS basic: $1.68 per share, EPS basis: diluted, Revenue: $927.96M, EPS diluted: $1.66 per share, Net result: $273.43M, Gross profit: $695.95M, Operating result: $275.02M
  • Quarter ended 2026-04-30 — EPS: $1.57 per share, R&D: $208.32M, SG&A: $178.26M, EPS basic: $1.6 per share, EPS basis: diluted, Revenue: $882.95M, EPS diluted: $1.57 per share, Net result: $260.94M, Gross profit: $659.69M, Operating result: $273.11M
  • Quarter ended 2026-01-31 — EPS: $1.45 per share, R&D: $198.79M, SG&A: $177.81M, EPS basic: $1.49 per share, EPS basis: diluted, Revenue: $835.95M, EPS diluted: $1.45 per share, Net result: $244.20M, Gross profit: $622.47M, Operating result: $245.88M
  • Quarter ended 2025-10-31 — EPS: $1.4 per share, R&D: $191.88M, SG&A: $179.03M, EPS basic: $1.44 per share, EPS basis: diluted, Revenue: $811.24M, EPS diluted: $1.4 per share, Net result: $236.20M, Gross profit: $611.77M, Operating result: $240.85M
  • Quarter ended 2025-07-31 — EPS: $1.19 per share, R&D: $192.68M, SG&A: $205.24M, EPS basic: $1.23 per share, EPS basis: diluted, Revenue: $789.08M, EPS diluted: $1.19 per share, Net result: $200.31M, Gross profit: $593.83M, Operating result: $195.91M
  • Quarter ended 2025-04-30 — EPS: $1.37 per share, R&D: $184.03M, SG&A: $167.45M, EPS basic: $1.4 per share, EPS basis: diluted, Revenue: $759.04M, EPS diluted: $1.37 per share, Net result: $228.19M, Gross profit: $585.22M, Operating result: $233.73M
  • Quarter ended 2025-01-31 — EPS: $1.17 per share, R&D: $181.53M, SG&A: $169.94M, EPS basic: $1.2 per share, EPS basis: diluted, Revenue: $720.89M, EPS diluted: $1.17 per share, Net result: $195.63M, Gross profit: $539.89M, Operating result: $188.42M
  • Quarter ended 2024-10-31 — EPS: $1.13 per share, R&D: $172.41M, SG&A: $171.05M, EPS basic: $1.15 per share, EPS basis: diluted, Revenue: $699.21M, EPS diluted: $1.13 per share, Net result: $185.81M, Gross profit: $524.82M, Operating result: $181.35M
2026-07-31FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-08-26 — EPS actual: $2.35 per share, EPS estimated: $2.23 per share, Revenue actual: $927.96M, Revenue estimated: $905.38M
  • Reported 2026-06-03 — EPS actual: $2.24 per share, EPS estimated: $2.14 per share, Revenue actual: $882.95M, Revenue estimated: $857.73M
  • Reported 2026-03-04 — EPS actual: $2.06 per share, EPS estimated: $1.94 per share, Revenue actual: $835.95M, Revenue estimated: $810.67M
  • Reported 2025-11-20 — EPS actual: $2.04 per share, EPS estimated: $1.95 per share, Revenue actual: $811.24M, Revenue estimated: $792.79M
  • Reported 2025-08-27 — EPS actual: $1.99 per share, EPS estimated: $1.9 per share, Revenue actual: $789.08M, Revenue estimated: $768.45M
  • Reported 2025-05-28 — EPS actual: $1.97 per share, EPS estimated: $1.74 per share, Revenue actual: $759.04M, Revenue estimated: $728.40M
  • Reported 2025-03-05 — EPS actual: $1.74 per share, EPS estimated: $1.6 per share, Revenue actual: $720.89M, Revenue estimated: $699.23M
  • Reported 2024-12-05 — EPS actual: $1.75 per share, EPS estimated: $1.58 per share, Revenue actual: $699.21M, Revenue estimated: $684.38M
2026-08-26FMPFinancial Modeling Prep (FMP) earnings
Management outlook — dated call excerpts
Captured record · 1 entry
  • Call of 2026-08-26 — Quote: And as we get another couple of quarters ahead and gain in the future of next year, we'll factor that into our guidance for next year., Speaker: Brian Van Wagener

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-08-26OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-07-31 — Capital expenditure: -$8.02M, Operating cash flow: $238.71M
  • Quarter ended 2026-04-30 — Capital expenditure: -$1.75M, Operating cash flow: $1.13B
  • Quarter ended 2026-01-31 — Capital expenditure: -$7.03M, Operating cash flow: $106.85M
  • Quarter ended 2025-10-31 — Capital expenditure: -$6.30M, Operating cash flow: $192.79M
  • Quarter ended 2025-07-31 — Capital expenditure: -$6.30M, Operating cash flow: $238.43M
  • Quarter ended 2025-04-30 — Capital expenditure: -$5.91M, Operating cash flow: $877.16M
  • Quarter ended 2025-01-31 — Capital expenditure: -$4.72M, Operating cash flow: $69.54M
  • Quarter ended 2024-10-31 — Capital expenditure: -$4.27M, Operating cash flow: $164.12M
2026-07-31FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Cash, investments and debt
Total debt: $151.70M; Liquidity basis: cash and short-term investments; Total liabilities: $1.63B; Cash and short-term investments: $7.24B; Cash and investments: $7.24B; Long-term investments: $0; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-07-31FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash and investment components
Total basis: cash short and long-term investments; Total: $7.24B; Cash and short-term investments: $7.24B; Long-term investments: $0; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-07-31COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-07-31 — Amount: $7.24B, Cash basis: cash and short-term investments
  • 2026-04-30 — Amount: $7.31B, Cash basis: cash and short-term investments
  • 2026-01-31 — Amount: $6.56B, Cash basis: cash and short-term investments
  • 2025-10-31 — Amount: $6.64B, Cash basis: cash and short-term investments
  • 2025-07-31 — Amount: $6.40B, Cash basis: cash and short-term investments
  • 2025-04-30 — Amount: $6.07B, Cash basis: cash and short-term investments
  • 2025-01-31 — Amount: $5.15B, Cash basis: cash and short-term investments
  • 2024-10-31 — Amount: $5.06B, Cash basis: cash and short-term investments
2026-07-31FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash against market value
As of: 2026-07-31; Cash basis: cash and short-term investments; Net cash: $7.09B; Total debt: $151.70M; Cash and investments: $7.24B

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-07-31COMPUTEDComputed from the balance sheet and the latest market capitalization
Distress and quality screens
Altman Z-score: 18.08; Piotroski F-score: 5

Altman Z below 1.8 is the conventional distress zone. For a company holding large cash against negative retained earnings the score mostly reflects the retained-earnings term.

2026-09-12FMPFinancial Modeling Prep (FMP) financial scores
Next earnings report
Date: 2026-11-25; EPS estimate: $2.33 per share; Revenue estimate: $935.01M

The date is our provider's estimate until the company confirms it.

2026-09-12FMPFinancial Modeling Prep (FMP) earnings calendar
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

ETFs that hold VEEV

Funds in our ETF coverage that list VEEV among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.

ETFWeightHoldings as of
LGHT ETF6.87%
IHF ETF3.71%