VEEVA SYSTEMS INC Income Statement
VEEV / Information Technology|15 years of annual SEC 10-K data (FY2012-FY2026)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$2.4B
FY2026
Gross Profit
$1.7B
71.4% gross margin
Operating Income
$429M
FY2026
Net Income
$526M
FY2026
VEEVA SYSTEMS INC reported $2.4B in revenue and $526M in net income for FY2026. Revenue has grown at a 23.1% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
- Profit margin: 22.2% of revenue retained as profit
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.4B | $3.2B | $2.7B | $2.4B | $2.2B | $1.9B | $1.5B | $244.8M | $862.2M | $690.6M | $550.5M | $409.2M | $313.2M | $61.3M | $129.5M |
| Cost of Revenue | $677.3M | $782.0M | $699.6M | $677.3M | $609.4M | $503.7M | $408.9M | $303.4M | $245.3M | $211.4M | $173.7M | $142.2M | $115.7M | $29.1M | $57.0M |
| Gross Profit | $1.7B | $2.4B | $2.0B | $1.7B | $1.5B | $1.3B | $1.1B | $800.7M | $616.9M | $479.1M | $376.9M | $267.0M | $197.6M | $32.2M | $72.5M |
| SG&A Expense | $246.5M | $300.7M | $265.7M | $246.5M | $217.6M | $171.5M | $149.1M | $114.3M | $86.4M | $60.4M | $48.8M | $41.5M | $30.2M | $5.5M | $8.4M |
| R&D Expense | $629.0M | $767.4M | $693.1M | $629.0M | $520.3M | $382.0M | $294.2M | $209.9M | $158.8M | $132.0M | $96.7M | $66.0M | $41.2M | $7.8M | $14.6M |
| Operating Income | $429.3M | $916.4M | $691.4M | $429.3M | $459.1M | $505.5M | $377.8M | $286.2M | $222.9M | $157.9M | $120.7M | $78.6M | $70.0M | $6.6M | $30.0M |
| Income Tax | $62.3M | $285.6M | $205.2M | $62.3M | $21.4M | $84.9M | $14.0M | $12.6M | $8.8M | $14.6M | $44.8M | $24.2M | $26.8M | $2.4M | $10.3M |
| Net Income | $525.7M | $908.9M | $525.7M | $487.7M | $487.7M | $427.4M | $380.0M | $301.1M | $229.8M | $151.2M | $77.6M | $54.5M | $40.4M | $4.2M | $18.8M |
| EPS (Basic) | $3.27 | $3.14 | $4.41 | $3.27 | $3.14 | $2.79 | $2.52 | $0.57 | $1.59 | $0.31 | $0.20 | $0.17 | $0.31 | $0.03 | $0.17 |
| EPS (Diluted) | $3.22 | $3.00 | $4.32 | $3.22 | $3.00 | $2.63 | $2.36 | $0.53 | $1.47 | $0.28 | $0.15 | $0.11 | $0.28 | $0.02 | $0.11 |
| Shares Outstanding | 162.6M | 161.3M | 161.3M | 163.5M | 162.4M | 162.3M | 160.7M | 147.6M | 156.1M | 144.2M | 68.0M | 30.6M | 144.2M | 24.8M | 30.6M |
| Gross Margin | 71.4% | 75.5% | 74.5% | 71.4% | 71.7% | 72.8% | 72.1% | 327.2% | 71.5% | 69.4% | 68.5% | 65.3% | 63.1% | 52.6% | 56.0% |
| Operating Margin | 18.2% | 28.7% | 25.2% | 18.2% | 21.3% | 27.3% | 25.8% | 116.9% | 25.9% | 22.9% | 21.9% | 19.2% | 22.3% | 10.8% | 23.2% |
| Profit Margin | 22.2% | 28.4% | 19.1% | 20.6% | 22.6% | 23.1% | 25.9% | 123.0% | 26.7% | 21.9% | 14.1% | 13.3% | 12.9% | 6.9% | 14.5% |