VEEVA SYSTEMS INC(VEEV)— Stock Profile, AI Score & Financials
Technology · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
VEEVA SYSTEMS INC (VEEV) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores VEEV at 77.6/100 on a 32-signal composite quality model, placing it at rank #65 of 2,960 stocks — the top 5% of the AI-ranked universe. VEEV scores in the top quartile across free cash flow (94.4), profitability (89.7), balance sheet strength (88.8). Shareholder dilution risk is elevated at 12.0/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), VEEVA SYSTEMS INC reports quarterly revenue of $928.0M, net income of $273.4M, an operating margin of 29.6%. Top institutional holders of VEEV by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. VEEV trades on the NYSE exchange and files with the SEC under CIK 1393052. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate VEEV daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for VEEVA SYSTEMS INC directly from SEC EDGAR.
AI Quality Score
77.6/100
AI Rank
#65
Revenue
$928.0M
Net Income
$273.4M
Operating Margin
29.6%
VEEV key financials by period
VEEVA SYSTEMS INC reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2026
10-K
$3.2B
$908.9M
28.7%
FY 2025
10-K
$2.7B
$714.1M
25.2%
FY 2024
10-K
$2.4B
$525.7M
18.2%
FY 2023
10-K
$2.2B
$487.7M
21.3%
FY 2022
10-K
$1.9B
$427.4M
27.3%
FY 2021
10-K
$1.5B
$380.0M
25.8%
Institutions holding VEEV
Institutional investors reporting a position in VEEVA SYSTEMS INC on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-27 — Q2 FY2027 (quarter ended July 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Total revenues rose 18% YoY to $928.0M as R&D and Quality Solutions subscription revenue grew $68M, lifting operating income 40% to $275.0M.
Biggest Revenue Drivers
Subscription$766.8M+16% YoY
Expanding use by existing customers and higher prices from the annual inflation adjustment for our products
Professional services and other$161.2M+24% YoY
Primarily due to an increase in implementation services and business consulting
Biggest Revenue Drivers
Total revenue: $928.0M+18% YoY
Subscription$766.8M+16% YoY
Expanding use by existing customers and higher prices from the annual inflation adjustment for our products
Within Subscription
R&D and Quality Solutions subscription$419.4M
Accounted for $68 million of the quarter's subscription revenue increase
Commercial Solutions subscription$347.4M
Accounted for $40 million of the quarter's subscription revenue increase
Professional services and other$161.2M+24% YoY
Primarily due to an increase in implementation services and business consulting
Largest Expense Items
Research and development$222.9M+16% YoY
Primarily a $24 million increase in employee compensation-related costs from salaries, benefits, and headcount
Sales and marketing$126.7M+16% YoY
An $11 million rise in employee compensation costs plus $5 million in marketing program costs related to events
Cost of professional services and other$126.3M+25% YoY
Primarily a $19 million increase in employee compensation-related costs, including higher headcount
General and administrative$71.3M-26% YoY
Decline reflects $31 million of litigation settlement-related charges incurred in the quarter ended July 31, 2025
Margins: Total gross margin held at 75%, with subscription gross margin flat at 86% and professional services at 22%; cost of subscription rose on $12 million more computing infrastructure and data costs.
Watch Items from the Filing
Top 10 customers accounted for 28% of total revenues in each of fiscal years ended January 31, 2026, 2025, and 2024.
Salesforce agreement expired September 1, 2025; during wind-down to September 1, 2030 Veeva cannot sell Salesforce-platform apps to new customers or exceed 150% of existing seats.
Effective tax rate fell to 21.8% from 24.5% on higher FDDEI deduction under OBBBA, partially offset by discrete equity compensation tax deficiencies.
Repurchased 1,408,414 shares for $245.7M at an average $174.48 in the quarter; $1.4 billion remains under the $2 billion authorization.
Short-term investments carry $46.3M of gross unrealized losses; a 100-basis-point rate rise would cut portfolio market value by $104 million.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
