Veeva Systems Inc.

VEEV

$278.42

-2.10%

2026-09-04 10:31:59 EDT-$5.96

Technology

Software - Application

NYSE

Active Trading

Veeva Systems Inc. is a leading provider of cloud-based software solutions, exclusively dedicated to the global life sciences industry. Its extensive operational ...

Price Action of VEEV

$278.42

-2.10%-$5.96

High—

Low—

52W High-10.3%

Rel. vol—

Interval

Range61m

Volume—SMA5SMA10

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Founded in 2007 and headquartered in Pleasanton, California, Veeva Systems Inc. is a pioneer in industry cloud solutions for life sciences. The company's mission is to help pharmaceutical, biotech, and medical device companies bring products to market faster and more efficiently. Veeva operates globally across North America, Europe, Asia Pacific, ...Founded in 2007 and headquartered in Pleasanton, California, Veeva Systems Inc. is a pioneer in industry cloud solutions for life sciences. The company's mission is to help pharmaceutical, biotech, and medical device companies bring products to market faster and more efficiently. Veeva operates globally across North America, Europe, Asia Pacific, Middle East, Africa, and Latin America, serving over 1,500 customers. Its core offerings include Veeva Commercial Cloud with applications like CRM, CLM, and analytics, and Veeva Vault for managing content and data across clinical, regulatory, quality, and commercial processes. Financially, Veeva is robust with a market cap over $37 billion, strong profit margins (net margin ~28%), and high growth potential. The company invests heavily in R&D (24% of revenue) and maintains a debt-free balance sheet. Under the leadership of co-founder and CEO Peter Gassner, Veeva has scaled to nearly 8,000 employees and remains committed to innovation, customer success, and advancing the life sciences industry.ExpandCollapse

Founded

2007

Employees

7928

CEO

Peter Gassner

Full Name

Veeva Systems Inc.

Sector

Technology

Industry

Software - Application

ROE

14.00%

Market Cap

$45.08B

Current Ratio

5.46

WACC

8.86%

ROIC

14.00%

Contact Information

https://www.veeva.com

925 452 6500

4280 Hacienda Drive, Pleasanton, CA 94588

Key Metrics of VEEV

Snapshot

Latest / TTM · 6 periods

Market Cap

$45.08B

ROCE

13.6%

EV / EBITDA

31.69x

+1.1% YoY

FCF Yield

3.6%

-0.5% YoY

Cash Conversion Cycle

44.6d

Current Ratio

5.46

Quick take

TTM —

Positive CCC

Financial Highlights of VEEV

Profitability trend

Latest / TTM · 6 periods

Gross Margin

74.9%

Net Margin

29.3%

P/E Ratio

44.80x

n/a

Debt / Equity

0.02

n/a

Current Ratio

5.46

Dividend Yield

0.0%

Understanding

TTM —

Interest coverage is weak

Calendar of VEEV

Upcoming

Oct 31, 2026In 57 days
Q3 FY2027 · Estimated results
Est. EPS $2.34 · Revenue $934.18M · 16 analysts
Jan 31, 2027
FY2027 · Estimated annual results
Est. EPS $9.23 · Revenue $3.69B · 16 analysts
Apr 30, 2027
Q1 FY2028 · Estimated results
Est. EPS $2.45 · Revenue $990.12M · 12 analysts
Jul 31, 2027
Q2 FY2028 · Estimated results
Est. EPS $2.55 · Revenue $1.03B · 9 analysts

Recent history

Aug 27, 2026
Q2 FY2027 · Results reported
EPS $1.66 · Revenue $927.96M
View filing
Jun 5, 2026
Q1 FY2027 · Results reported
EPS $1.57 · Revenue $882.95M
View filing
Mar 20, 2026
FY2026 · Annual results
EPS $5.44 · Revenue $3.20B
View filing
Nov 21, 2025
Q3 FY2026 · Results reported
EPS $1.40 · Revenue $811.24M
View filing
Aug 29, 2025
Q2 FY2026 · Results reported
EPS $1.19 · Revenue $789.08M
View filing
Jun 2, 2025
Q1 FY2026 · Results reported
EPS $1.37 · Revenue $759.04M
View filing

Financial Statements of VEEV

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$3.2B	+16.3%	+5.1%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$908.9M	+27.3%	+4.8%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+75.5%	+1.3%	+0.4%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+28.7%	+13.9%	-4.2%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+28.4%	+9.4%	-0.3%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$1.4B	+29.6%	-79.5%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+43.4%	+11.4%	-80.5%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	1.3%	+2.3%	+44.7%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	4.89x	+8.3%	+15.2%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$9.0B	+22.3%	-0.8%

Actual vs Estimate

A Jan 31Q Oct 31

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	5.44 vs 7.94	-31.5%	1.66 vs 2.34	-29.1%
Revenue Surprise	$3.2B vs $3.2B	+0.8%	$928.0M vs $934.2M	-0.7%

Insider Transactions of VEEV

Acquisitions (A)

Since Sep 1, 2026

Disposals (D)

Since Sep 1, 2026

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Sep 1, 2026	Wallach Matthew J	director	Class A Common Stock	A	460	—
Sep 1, 2026	Wallach Matthew J	director	Restricted Stock Units	D	460	—
Sep 1, 2026	SEKHRI PAUL J	director	Class A Common Stock	A	460	—
Sep 1, 2026	SEKHRI PAUL J	director	Restricted Stock Units	D	460	—
Sep 1, 2026	Ritter Gordon	director	Class A Common Stock	A	15,585	—

Earnings Call Transcript of VEEV

1 transcript segments

Q2 2027

Unknown Speaker

perator: Hello, everyone. Thank you for joining us, and welcome to the Veeva Systems Fiscal 2027 Second Quarter Results Conference Call. [Operator Instructions] I will now hand the conference over to Gunnar Hansen, Senior Director, Investor Relations. Gunnar, please go ahead. Gunnar Hansen: Good afternoon, and welcome to Veeva's Fiscal 2027 Second Quarter Earnings Conference Call for the quarter ended July 31, 2026. As a reminder, we posted prepared remarks on Veeva's Investor Relations website just after 1:00 p.m. Pacific today. We hope you've had a chance to read them before the call. Today's call will be used primarily for Q&A. With me today for Q&A are Peter Gassner, our Chief Executive Officer; Paul Shawah, EVP, Strategy; and Brian Van Wagener, our Chief Financial Officer. During this call, we may make forward-looking statements regarding trends, our strategies and the anticipated performance of the business, including guidance regarding future financial results. These forward-looking statements will be used based on our current views and expectations and are subject to various risks and uncertainties. Our actual results may differ materially. Please refer to the risks listed in our earnings release and the risk factors included in our most recent filing on Form 10-Q. Forward-looking statements made during the call are being made as of today, August 26, 2026, based on the facts available to us today. If this call is replayed or reviewed after today, the information presented during the call may not contain current or accurate information. Veeva disclaims any obligation to update or revise any forward-looking statements. We may discuss guidance on today's call, but we will not provide any further guidance or updates on our performance during the quarter unless we do so in a public forum. On the call, we may also discuss certain non-GAAP metrics that we believe aid in the understanding of our financial results. A reconciliation to comparable GAAP metrics can be found in today's earnings release and in the supplemental investor presentation, both of which are available on our website. With that, thank you for joining us, and I'll turn the call over to Peter. Peter Gassner: Thank you, Gunnar, and welcome, everyone, to the call. Q2 was another strong quarter, delivering results ahead of our guidance. Total revenue in the quarter was $928 million with non-GAAP operating income of $416 million. Execution was exceptional this quarter as we made strong progress in many key areas. It was our best CRM quarter ever. We also are accelerating rapidly in AI overall and especially with Veeva Falcon. And our focused acquisition strategy is working, bringing great people and capabilities to Veeva. It's an exciting time. AI is enabling the next big chapter for Veeva and the industry. We'll now open up the call to your questions. Operator: [Operator Instructions] Your first question comes from the line of Joe Vruwink with Baird. Joseph Vruwink: I think it's …

Leadership Team of VEEV

10 executives

Name	Title	Compensation	Gender	Year Born	Status
Brian Van Wagener	Chief Financial Officer	USD 470,833	Male	1983	Active
Eleni Nitsa Zuppas	President & Chief of Staff	USD 470,833	Female	1970	Active
Jonathan W. Faddis	Senior Vice President, General Counsel & Corporate Secretary	USD 470,833	Male	1972	Active
Peter Gassner	Founder, Chief Executive Officer & Director	USD 470,833	Male	1965	Active
Thomas D. Schwenger	President & Chief Customer Officer	USD 470,833	Male	1968	Active
Paul Shawah	Executive Vice President of Strategy & Campaign Manager	—	Male	—	Active
Vipin Kondath	Chief Accounting Officer	—	Male	1976	Active
Catherine Allshouse	Chief Information Officer	—	Female	—	Active
Vivian Welsh	Chief People Officer	—	Female	—	Active
Gunnar Georg Hansen	Director of Investor Relations	—	Male	—	Active

Recent News of VEEV

Zacks Investment Research8/6/2026Neutral

Why the Market Dipped But Veeva Systems (VEEV) Gained Today

In the closing of the recent trading day, Veeva Systems (VEEV) stood at $217.8, denoting a +2.01% move from the preceding trading day.

PRNewsWire8/5/2026Neutral

Veeva to Release Fiscal 2027 Second Quarter Results on August 26, 2026

PLEASANTON, Calif., Aug. 5, 2026 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) will announce financial results for its second quarter ending July 31, 2026 after market close on August 26, 2026.

Defense World8/4/2026Neutral

Bangor Savings Bank Purchases Shares of 5,051 Veeva Systems Inc. $VEEV

Bangor Savings Bank purchased a new position in Veeva Systems Inc. (NYSE: VEEV) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,051 shares of the technology company's stock, valued at approximately $896,000. Other institutional investors have

Fool - Investing News7/31/2026Neutral

Which Healthcare ETF Is the Better Buy: Fidelity's FHLC or Invesco's Equal-Weight RSPH?

FHLC's 0.08% expense ratio and market-cap approach delivered stronger returns, while RSPH's equal-weight strategy offers lower volatility and broader diversification across 60 holdings.

Seeking Alpha7/31/2026Neutral

Veeva Systems: A 'Buy' Because The Narrative Has Outrun The Fundamentals

Veeva Systems has underperformed the S&P 500 despite strong fundamentals and improving profitability. VEEV's revenue grew 16% year-over-year, gross profit rose to the mid-70s, and cash generation nearly doubled to $1.665 billion TTM. The transition from Salesforce to Vault CRM is progressing, but AI initiative ROI doubts and migration risks weigh on sentiment.

Historical Employee Count of VEEV

Current

7,928

Change

+8.74%

Minimum

5,482

Maximum

7,928

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Jan 31, 2026	7,928	10-K	Mar 20, 2026	View
Jan 31, 2025	7,291	10-K	Mar 24, 2025	View
Jan 31, 2024	7,172	10-K	Mar 25, 2024	View
Jan 31, 2023	6,744	10-K	Mar 30, 2023	View
Jan 31, 2022	5,482	10-K	Mar 30, 2022	View

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Veeva Systems Inc.