15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | $3.2B | $909M | 75.5% | 28.7% | 12.6% | 10.1% | — | — | $1.4B |
| 2025 | $2.7B | $714M | 74.5% | 25.2% | 12.2% | 9.7% | — | — | $1.1B |
| 2024 | $2.4B | $526M | 71.3% | 18.2% | 11.3% | 8.9% | — | — | $703M |
| 2023 | $2.2B | $488M | 71.7% | 21.3% | 13.1% | 10.2% | — | — | $886M |
| 2022 | $1.9B | $427M | 72.8% | 27.3% | 14.7% | 11.2% | — | — | $1.1B |
| 2021 | $1.5B | $380M | 72.1% | 25.8% | 16.8% | 12.5% | — | — | $731M |
| 2020 | $1.1B | $301M | 72.5% | 25.9% | 18.1% | 13.3% | $434M | — | $477M |
| 2019 | $862M | $230M | 71.6% | 25.8% | 18.6% | 13.9% | $302M | — | $551M |
| 2018 | $691M | $151M | 69.4% | 22.9% | 16.7% | 12.3% | $224M | — | $320M |
| 2017 | $551M | $78M | 68.5% | 21.9% | 11.4% | 8.5% | $137M | — | $218M |
| 2016 | — | $54M | — | — | 10.4% | 7.7% | — | — | $132M |
| 2015 | — | $40M | — | — | 9.9% | 7.4% | — | — | $129M |
| 2014 | — | $24M | — | — | 8.4% | 6.4% | $40M | — | $263M |
| 2013 | — | $19M | — | — | 55.3% | 20.9% | $30M | — | $32M |
| 2012 | — | $4M | — | — | 30.0% | — | $4M | — | $17M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jul '26 | $928M | $273M | 75.0% | 29.6% | 3.7% | 3.0% | — | — | $1.8B |
| Apr '26 | $883M | $261M | 75.0% | 30.9% | 3.6% | 2.9% | — | — | $1.9B |
| Jan '26 | $836M | $244M | 74.5% | 29.4% | 3.4% | 2.7% | — | — | $1.4B |
| Oct '25 | $811M | $236M | 75.4% | 29.7% | 3.4% | 2.9% | — | — | $1.7B |
| Jul '25 | $789M | $200M | 75.3% | 24.8% | 3.0% | 2.5% | — | — | $1.9B |
| Apr '25 | $759M | $228M | 77.1% | 30.8% | 3.7% | 2.9% | — | — | $2.0B |
| Jan '25 | $721M | $196M | 74.9% | 26.1% | 3.4% | 2.7% | — | — | $1.1B |
| Oct '24 | $699M | $186M | 75.1% | 25.9% | 3.4% | 2.9% | — | — | $1.0B |
| Jul '24 | $676M | $171M | 74.8% | 24.6% | 3.3% | 2.7% | — | — | $1.2B |
| Apr '24 | $650M | $162M | 73.3% | 23.9% | 3.3% | 2.6% | — | — | $1.2B |
| Jan '24 | $631M | $147M | 72.4% | 21.4% | 3.2% | 2.5% | — | — | $703M |
| Oct '23 | $617M | $135M | 72.8% | 20.8% | 3.1% | 2.6% | — | — | $744M |
| Jul '23 | $590M | $112M | 71.4% | 17.6% | 2.7% | 2.1% | — | — | $743M |
| Apr '23 | $526M | $132M | 68.3% | 11.7% | 3.3% | 2.6% | — | — | $1.1B |
| Jan '23 | $563M | $189M | 70.8% | 19.3% | 5.1% | 3.9% | — | — | $886M |
| Oct '22 | $552M | $108M | 72.1% | 22.0% | 3.2% | 2.6% | — | — | $865M |
| Jul '22 | $534M | $91M | 71.6% | 18.9% | 2.8% | 2.2% | — | — | $1.1B |
| Apr '22 | $505M | $100M | 72.4% | 25.3% | 3.3% | 2.5% | — | — | $1.2B |
| Jan '22 | — | $97M | — | — | 3.3% | 2.5% | — | — | $1.1B |
| Oct '21 | $476M | $106M | 72.8% | 27.9% | 3.8% | 3.1% | — | — | $1.1B |
How the market has priced VEEV against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Veeva Systems's revenue has grown 16.9% per year, and net income grown 19.1% per year. These are computed facts, not advice.
As of FY2026, Veeva Systems reported — of total debt against $1.4B of cash.
In FY2026, gross margin was 75.5%, operating margin 28.7%, and net margin 28.4%.
As of Sep '26, Veeva Systems traded at a price-to-earnings ratio of about 50.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.