What is the 13F Pro Quality Score for VEEV?

13F Pro ranks VEEVA SYSTEMS INC (VEEV) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View VEEV's current score at https://13fpro.ai/company/VEEV (free sign-up required for the full ranking).

Where does 13F Pro source VEEV data?

All VEEVA SYSTEMS INC fundamentals and ownership data come directly from SEC EDGAR. VEEVA SYSTEMS INC files with the SEC under CIK 1393052. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is VEEV in?

VEEVA SYSTEMS INC (VEEV) is classified in the Technology sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/technology.

What drives VEEV's revenue?

Per VEEVA SYSTEMS INC's latest 10-Q filed with the SEC on 2026-08-27, the biggest revenue drivers are: Subscription ($766.8M, +16% YoY); Professional services and other ($161.2M, +24% YoY); R&D and Quality Solutions subscription ($419.4M). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/VEEV.

What are VEEV's largest expenses?

VEEVA SYSTEMS INC's latest 10-Q reports these as the largest expense items: Research and development ($222.9M, +16% YoY); Sales and marketing ($126.7M, +16% YoY); Cost of professional services and other ($126.3M, +25% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2027 (quarter ended July 31, 2026).

How often is VEEV research updated on 13F Pro?

VEEV's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

VEEVA SYSTEMS INC(VEEV)Stock Analysis

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SEC EDGAR: CIK 1393052 VEEV stock profile & AI dashboard →

13F Pro Quality Score

77.6/100

Rank #64 of 2,961 stocksTOP 5%

View Technology peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

75.2/100

Profitability

89.7/100

Balance Sheet

88.8/100

Earnings Quality

62.5/100

Free Cash Flow

94.4/100

Institutional Flow

84.9/100

Revenue Scale

72.5/100

Dilution Risk

12.0/100

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Why VEEV Scores 78/100

exact factor attribution · 2026-09-11

VEEV's composite is driven by free cash flow and profitability, held back by shareholder dilution. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Free cash flow

+6.7 pts

94th pct

Profitability

+6.0 pts

90th pct

Revenue growth

+5.0 pts

75th pct

Capital efficiency

+3.9 pts

89th pct

Scale

+3.4 pts

73th pct

Institutional flow

+1.8 pts

85th pct

Earnings growth

+1.6 pts

81th pct

Earnings quality

+1.3 pts

63th pct

Shareholder dilution

-1.9 pts

12th pct

Latest change (2026-08-27): 78 → 72 · ↓ earnings_quality 65→33; ↓ Free cash flow 90→72

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

VEEV Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for VEEVA SYSTEMS INC (VEEV), 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 #64 of 2,961 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. VEEVA SYSTEMS INC's 13F Pro composite quality score has ranged between 66 and 83 since 2021, currently 77.6 — a stable long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about VEEVA SYSTEMS INC

Quirks, history, and lore behind VEEV — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. enterprise software company · mid-cap · listed on the NYSE · headquartered in California.
2
The Numbers
Annual revenue in the range of $2 billion, with the vast majority coming from subscription and support — the kind of recurring revenue Wall Street loves to over-reward.
3
The History
Founded in 2007 by a veteran of Salesforce, it was purpose-built for one of the world's most regulated industries: life sciences.
4
The Secret
Its software runs clinical trials, regulatory submissions, and quality management for the biggest drug and biotech companies on the planet — if it glitches, someone's FDA filing glitches.
5
The Lore
It famously runs on its own cloud platform — not AWS, not Azure — built to meet 21 CFR Part 11 compliance, which is the kind of sentence that makes pharma IT people nod reverently.
6
The Giveaway
Its name rhymes with itself — two identical syllables — and its Vault platform is used by every single one of the top 50 global pharmaceutical companies.

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What's Driving VEEV's Business? Latest 10-Q Breakdown

✓ 41/41 datapoints verified

AI-extracted from VEEVA SYSTEMS INC's 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.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$928.0M

Net Income

Q2 2026

$273.4M

Operating Margin

Q2 2026

29.6%

ROIC

Q2 2026

14.8%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+16.3% YoY

$3.20BFY 2026

FY23 $2.16BFY24 $2.36BFY25 $2.75BFY26 $3.20B

Net Income

+27.3% YoY

$908.9MFY 2026

FY23 $487.7MFY24 $525.7MFY25 $714.1MFY26 $908.9M

Operating Income

+32.5% YoY

$916.4MFY 2026

FY23 $459.1MFY24 $429.3MFY25 $691.4MFY26 $916.4M

EPS (Diluted)

+25.9% YoY

$5.44FY 2026

FY23 $3.00FY24 $3.22FY25 $4.32FY26 $5.44

Total Assets

+22.3% YoY

$8.98BFY 2026

FY23 $4.80BFY24 $5.91BFY25 $7.34BFY26 $8.98B

Op. Cash Flow

+29.8% YoY

$1.42BFY 2026

FY23 $780.5MFY24 $911.3MFY25 $1.09BFY26 $1.42B

Metric	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Revenue	$3.20B +16.3%	$2.75B +16.2%	$2.36B +9.7%	$2.16B +16.4%	$1.85B +26.3%	$1.47B
Net Income	$908.9M +27.3%	$714.1M +35.8%	$525.7M +7.8%	$487.7M +14.1%	$427.4M +12.5%	$380.0M
Operating Income	$916.4M +32.5%	$691.4M +61.0%	$429.3M -6.5%	$459.1M -9.2%	$505.5M +33.8%	$377.8M
EPS (Diluted)	$5.44 +25.9%	$4.32 +34.2%	$3.22 +7.3%	$3.00 +14.1%	$2.63 +11.4%	$2.36
Total Assets	$8.98B +22.3%	$7.34B +24.2%	$5.91B +23.0%	$4.80B +25.9%	$3.82B +25.3%	$3.05B
Operating Cash Flow	$1.42B +29.8%	$1.09B +19.6%	$911.3M +16.8%	$780.5M +2.1%	$764.5M +38.7%	$551.2M

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Available Research

13F Pro tracks comprehensive data for VEEVA SYSTEMS INC including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of VEEV

BlackRock, Inc.
$2.3B12,862,503 sh
VANGUARD CAPITAL MANAGEMENT LLC
$1.7B9,692,862 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$1.3B7,414,743 sh
STATE STREET CORP
$1.2B6,706,909 sh
PRINCIPAL FINANCIAL GROUP INC
$883.7M4,979,210 sh
ALLIANCEBERNSTEIN L.P.
$863.1M4,913,322 sh
GEODE CAPITAL MANAGEMENT, LLC
$797.4M4,508,933 sh
Linonia Partnership LP
$782.6M4,409,598 sh
AQR CAPITAL MANAGEMENT LLC
$615.5M3,498,371 sh
PRICE T ROWE ASSOCIATES INC /MD/
$561.1M3,161,584 sh

Fund	Value	Shares
BlackRock, Inc.	$2.3B	12,862,503
VANGUARD CAPITAL MANAGEMENT LLC	$1.7B	9,692,862
VANGUARD PORTFOLIO MANAGEMENT LLC	$1.3B	7,414,743
STATE STREET CORP	$1.2B	6,706,909
PRINCIPAL FINANCIAL GROUP INC	$883.7M	4,979,210
ALLIANCEBERNSTEIN L.P.	$863.1M	4,913,322
GEODE CAPITAL MANAGEMENT, LLC	$797.4M	4,508,933
Linonia Partnership LP	$782.6M	4,409,598
AQR CAPITAL MANAGEMENT LLC	$615.5M	3,498,371
PRICE T ROWE ASSOCIATES INC /MD/	$561.1M	3,161,584

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Is VEEV a good stock to buy?

13F Pro's AI-powered analysis of VEEVA SYSTEMS INC (VEEV) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for VEEV are available on the VEEV stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. VEEV is classified as a large company.

Which hedge funds own VEEV?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling VEEV. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of VEEVA SYSTEMS INC's investment landscape.