The Inventing Press

VEEVA SYSTEMS INC

Financial highlights

MetricFY 01/31/26FY 01/31/25FY 01/31/24FY 01/31/23FY 01/31/22
Income Statement
Revenue$3.2B$2.7B$2.4B$2.2B$1.9B
Cost of revenue$782.0M$699.6M$677.3M$609.4M$503.7M
Gross profit$2.4B$2.0B$1.7B$1.5B$1.3B
Research and development$767.4M$693.1M$629.0M$520.3M$382.0M
Operating expenses$1.5B$1.4B$1.3B$1.1B$841.6M
Operating income$916.4M$691.4M$429.3M$459.1M$505.5M
Pretax income$1.2B$919.4M$588.0M$509.1M$512.3M
Income tax expense$285.6M$205.2M$62.3M$21.4M$84.9M
Net income$908.9M$714.1M$525.7M$487.7M$427.4M
Balance Sheet
Cash and equivalents$1.4B$1.1B$703.5M$886.5M$1.1B
Current assets$8.0B$6.3B$5.0B$4.0B$3.1B
Total assets$9.0B$7.3B$5.9B$4.8B$3.8B
Current liabilities$1.6B$1.4B$1.2B$1.0B$840.8M
Total liabilities$1.8B$1.5B$1.3B$1.1B$904.8M
Stockholders' equity$7.2B$5.8B$4.6B$3.7B$2.9B
Cash Flow Statement
Cash from operations$1.4B$1.1B$911.3M$780.5M$764.5M
Depreciation and amortization$6.0M$6.0M$7.0M
Stock-based compensation$472.7M$437.4M$393.7M$351.9M$234.6M
Share repurchases$169.9M$0$0
Impairments$0$0$0$0$0

Shares outstanding 162.4M · Free float 83.7%

Annual filing data through FY ended January 31, 2026; float as of July 13, 2026.

Earnings

Other Coverage