Company / Gross Margin
VEEVA SYSTEMS INC Gross Margin History
FY2017-FY2026 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
71.4%
FY2026
5-year range
71.4% / 75.5%
FY2022-FY2026
Trend
-5.5%
vs FY2025
Sector context
#67 of 225
Information Technology
What the data says
At 71.4%, VEEVA SYSTEMS INC's gross margin ranks #67 of 225 in the Information Technology sector. Gross Margin has fluctuated over the past 10 years, ranging from 69.4% in FY2017 to 327.2% in FY2019.
Based on SEC 10-K filings.
71.4% in FY2026 with a 5-year CAGR of -1.2%.
Declined from 74.5% to 71.4% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +0.0pp
- 5-Year Change
- -1.2pp
- 10-Year Change
- -
Sector benchmark
#67 of 225 in Information TechnologyTop 30% of 225This company 71.4% Sector average 53.6%
▼
+33.1% above sector average
Key checks
Key Insights
- In FY2026, gross margin decreased 5.5% year-over-year.
- Currently 17.7pp above the Information Technology sector average.
- Peak gross margin was recorded in FY2019.
- Lowest gross margin in the period was in FY2017.
Company context
Key Data Points
- Strong profit margin: 26.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | 71.4% | -5.5% |
| FY2025 | 75.5% | +1.3% |
| FY2024 | 74.5% | +4.5% |
| FY2023 | 71.4% | -0.5% |
| FY2022 | 71.7% | -1.1% |
| FY2021 | 72.5% | +0.6% |
| FY2020 | 72.1% | -78.0% |
| FY2019 | 327.2% | +357.2% |
| FY2018 | 71.5% | +3.1% |
| FY2017 | 69.4% | +1.4% |
As of FY2026 · SEC Form 10-K · Last checked Jun 30, 2026