SuperworthVeeva Systems VEEV
- Market cap
- $52.3B
- PE
- 52.8×
- 10y median 75.0×
- Forward PE
- 33.4×
- 10y median 52.4×
- Price to sales
- 15.1×
- EV/EBIT
- 43.7×
- Revenue, 12 months
- $3.5B
- +17% on a year ago
- Net margin
- 29.3%
- Free cash flow yield
- n/m
- not a meaningful number
Veeva Systems trades at 52.8× trailing earnings, cheaper than 89% of the last ten years. Revenue was $3.5B over the last twelve months, up 17% on a year earlier with a 29% net margin.
Charts
Financials
| Income statement | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $616.5M+12% | $630.6M+12% | $650.3M+24% | $676.2M+15% | $699.2M+13% | $720.9M+14% | $759M+17% | $789.1M+17% | $811.2M+16% | $836M+16% | $882.9M+16% | $928M+18% | |
| Cost of revenue | $167.7M+9% | $173.9M+6% | $173.9M+4% | $170.4M+1% | $174.4M+4% | $181M+4% | $173.8M+0% | $195.3M+15% | $199.5M+14% | $213.5M+18% | $220.9M+27% | $232M+19% |
| Gross profit | $448.8M+13% | $456.7M+14% | $476.5M+33% | $505.8M+20% | $524.8M+17% | $539.9M+18% | $585.2M+23% | $593.8M+17% | $611.8M+17% | $622.5M+15% | $662M+13% | $696M+17% |
| R&D | $161.3M+24% | $163.6M+15% | $162.7M+11% | $176.4M+12% | $172.4M+7% | $181.5M+11% | $184M+13% | $192.7M+9% | $191.9M+11% | $198.8M+10% | $208.3M+13% | $222.9M+16% |
| SG&A | $159.1M+8% | $157.9M+7% | $158.6M+5% | $162.9M+2% | $171.1M+8% | $169.9M+8% | $167.5M+6% | $205.2M+26% | $179M+5% | $177.8M+5% | $180.6M+8% | $198M−4% |
| $128.5M+6% | $135.3M+24% | $155.2M+152% | $166.5M+60% | $181.4M+41% | $188.4M+39% | $233.7M+51% | $195.9M+18% | $240.9M+33% | $245.9M+31% | $273.1M+17% | $275M+40% | |
| Pre-tax income | $170.7M+28% | $182.7M+35% | $206.9M+125% | $225.1M+58% | $242.3M+42% | $245.1M+34% | $298.8M+44% | $265.4M+18% | $312.8M+29% | $317.5M+30% | $347.5M+16% | $349.5M+32% |
| $35.5M+40% | $35.3M | $45.2M | $54M+73% | $56.5M+59% | $49.5M+40% | $70.6M+56% | $65.1M+20% | $76.6M+36% | $73.3M+48% | $86.6M+23% | $76.1M+17% | |
| Net income | $135.2M+25% | $147.4M−22% | $161.7M+23% | $171M+53% | $185.8M+38% | $195.6M+33% | $228.2M+41% | $200.3M+17% | $236.2M+27% | $244.2M+25% | $260.9M+14% | $273.4M+37% |
| $0.83+24% | $0.90−22% | $0.98+21% | $1.04+53% | $1.13+36% | $1.18+31% | $1.37+40% | $1.19+14% | $1.40+24% | $1.49+26% | $1.57+15% | $1.66+40% | |
| 163.8M+1% | 164.5M+1% | 164.4M+1% | 164.6M+1% | 165M+1% | 166.4M+1% | 166.2M+1% | 167.7M+2% | 168.9M+2% | 164.2M−1% | 166M−0% | 165.1M−2% |
EPS, diluted: 8 periods, Q3 FY13 to Q4 FY26: quarter's net income to common over its shares, to the cent.
Diluted shares: 12 periods, Q4 FY13 to Q4 FY26: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY27 | $935M | $934M to $935.9M | $2.34 | $2.33 to $2.36 | 16 |
| Q4 FY27 | $944.1M | $942.3M to $947.7M | $2.31 | $2.28 to $2.33 | 16 |
| Q1 FY28 | $990.1M | $986.8M to $1B | $2.45 | $2.44 to $2.50 | 12 |
| Q2 FY28 | $1B | $1B to $1B | $2.56 | $2.55 to $2.61 | 9 |
| Q3 FY28 | $1B | $1B to $1.1B | $2.61 | $2.59 to $2.66 | 7 |
| Q4 FY28 | $1.1B | $1.1B to $1.1B | $2.60 | $2.59 to $2.65 | 8 |
| Q1 FY29 | $1.1B | $1.1B to $1.1B | $2.79 | $2.78 to $2.84 | 13 |
| Q2 FY29 | $1.2B | $1.2B to $1.2B | $2.93 | $2.92 to $2.99 | 10 |
Peers
Companies in Software - Application nearest Veeva Systems' size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| VEEVVeeva Systems | $52.3B | 52.8× | 75.0× | 33.4× | 15.1× | +17% | 29.3% |
| ADSKAutodesk | $52.7B | 32.7× | 57.7× | 19.4× | 6.8× | +18% | 21.1% |
| WDAYWorkday | $50.6B | 42.6× | 49.2× | 17.4× | 5.0× | +13% | 12.3% |
| MSTRStrategy | $56.1B | n/m | 37.9× | 4.6× | 113× | +8% | n/m |
| TEAMAtlassian | $57.6B | n/m | n/a | 41.4× | 8.8× | +26% | −0.8% |
| ROPRoper Technologies | $43.3B | 18.1× | 30.8× | 18.6× | 5.2× | +11% | 30.2% |
| APPAppLovin | $87.1B | 20.0× | 62.7× | 14.4× | 12.8× | +48% | 64.6% |
| CDNSCadence Design Systems | $87.2B | 62.9× | 59.4× | 36.9× | 14.9× | +15% | 23.6% |
| INTUIntuit | $91.8B | 20.8× | 49.4× | 14.9× | 4.3× | +14% | 21.3% |
| DDOGDatadog | $96.8B | n/m | 340× | 101× | 24.4× | +32% | 4.5% |
| ZMZoom Communications | $27.9B | n/m | 27.9× | 15.6× | 5.6× | +5% | 65.2% |
| Peer median | $56.9B | 26.7× | 49.4× | 18.0× | 7.8× | +14% | 21.3% |
Investors who own it
Investors we follow who held Veeva Systems at the end of Jun 30, 2026, from their 13F filings.
- Terry SmithFundsmith1.1% of portfolionew
- François RochonGiverny Capital0.6% of portfolionew
- Baillie GiffordBaillie Gifford0.1% of portfolioadded
- Ron BaronBaron Capital0.0% of portfoliotrimmed
More on Veeva Systems
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #5of 91Application software stocks with the highest profit margins
- #7of 17Application software stocks cheapest against their own PE history
- #8of 19Application software stocks with the fastest expected revenue growth
Its groups
About
- Industry
- Software - Application
- Sector
- Technology
Valuation data, not investment advice. Prices as of .