SuperworthVeeva Systems profit margin VEEV
Gross, operating and net profit as a share of revenue over the last twelve months, from 2013.
- Net margin, 12 months
- 29.3%
- Operating margin, 12 months
- 29.9%
- Net margin on a year earlier
- +2.1 pts
- Peer median
- 21.3%
Over the twelve months to Jul 31, 2026, Veeva Systems kept 29.3% of its revenue as net profit, with an operating margin of 29.9% and a gross margin of 75.0%.
Five years earlier its net margin was 25.5%.
The median for 10 application software stocks of a similar size is 21.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 28.4% | 28.7% | 75.5% |
| FY2025 | 26.0% | 25.2% | 74.5% |
| FY2024 | 22.2% | 18.2% | 71.3% |
| FY2023 | 22.6% | 21.3% | 71.7% |
| FY2022 | 23.1% | 27.3% | 72.8% |
| FY2021 | 25.9% | 25.8% | 72.1% |
| FY2020 | 27.3% | 25.9% | 72.5% |
| FY2019 | 26.7% | 25.8% | 71.6% |
| FY2018 | 21.9% | 22.9% | 69.5% |
| FY2017 | 12.6% | 19.8% | 68.1% |
| FY2016 | 13.3% | 19.2% | 65.2% |
| FY2015 | 12.9% | 22.3% | 63.1% |
| FY2014 | 11.2% | 18.7% | 60.7% |
| FY2013 | 14.5% | 23.2% | 56.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY27 | 29.3% | +2.1 pts | 29.9% | |
| Q1 FY27 | 28.4% | +1.0 pts | 28.8% | |
| Q4 FY26 | 28.4% | +2.4 pts | 28.7% | |
| Q3 FY26 | 27.9% | +2.9 pts | 27.9% | |
| Q2 FY26 | 27.3% | +3.4 pts | 26.9% | |
| Q1 FY26 | 27.3% | +5.0 pts | 27.0% | |
| Q4 FY25 | 26.0% | +3.8 pts | 25.2% | |
| Q3 FY25 | 25.1% | +0.4 pts | 24.0% | |
| Q2 FY25 | 23.9% | −0.3 pts | 22.7% | |
| Q1 FY25 | 22.3% | −1.5 pts | 21.0% | |
| Q4 FY24 | 22.2% | −0.4 pts | 18.2% | |
| Q3 FY24 | 24.7% | +5.6 pts | 17.5% |
Against its peers
Companies in Software - Application nearest Veeva Systems' size, closest first, today.
| Company | Profit margin |
|---|---|
| VEEVVeeva Systems | 29.3% |
| ADSKAutodesk | 21.1% |
| WDAYWorkday | 12.3% |
| MSTRStrategy | n/m |
| TEAMAtlassian | −0.8% |
| ROPRoper Technologies | 30.2% |
| APPAppLovin | 64.6% |
| CDNSCadence Design Systems | 23.6% |
| INTUIntuit | 21.3% |
| DDOGDatadog | 4.5% |
| ZMZoom Communications | 65.2% |
| Peer median | 21.3% |
Where Veeva Systems ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Veeva Systems
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.