VEEV on NYSE

Veeva Systems

Logo: Veeva Systems Inc., Public domain, via Wikimedia Commons5

U.S. provider of software for the life sciences industry

Veeva Systems Inc., headquartered in Pleasanton, California, provides cloud computing software, data, and consulting services for the life sciences industry. Its products are used to track all aspects of drug development and pharmaceutical manufacturing.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 19, 2026.

Overview

$3.2BRevenue, fiscal 20266
$908.9MNet income, fiscal 20266
2007Founded1

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  • TickerVEEV on NYSE1
  • Industrysoftware industry1
  • HeadquartersPleasanton1
  • Websitewww.veeva.com
  • Legal formDelaware corporation1
  • Incorporated inDE7
  • Business address4280 Hacienda Drive, Pleasanton, Ca 945887
  • Filer categoryLarge accelerated filer7
  • LEI549300YZEXPDB92M2F024
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 42843644

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Veeva Systems Inc., headquartered in Pleasanton, California, provides cloud computing software, data, and consulting services for the life sciences industry. Its products are used to track all aspects of drug development and pharmaceutical manufacturing.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

75.5%Gross margin6
28.7%Operating margin6
28.4%Net margin6
16.3%Revenue growth, 20266
12.6%Return on equity6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Subscription Services Veeva Research And Development and Quality Solutions brought in 45% of the revenue Veeva Systems broke down this way in fiscal 2026.

  1. Subscription Services Veeva Research And Development and Quality Solutions$1.4B645%up 21% from 2025
  2. Subscription Services Veeva Commercial Cloud$1.3B639%up 14% from 2025
  3. Professional Services Veeva Research And Development and Quality Solutions$321.8M610%up 16% from 2025
  4. Professional Services Veeva Commercial Cloud$189.3M66%up 2% from 2025
Products and services by year
Products and services202420252026
Subscription Services Veeva Research And Development and Quality Solutions$905.8M$1.2B$1.4B
Subscription Services Veeva Commercial Cloud$995.8M$1.1B$1.3B
Professional Services Veeva Research And Development and Quality Solutions$276.1M$276.7M$321.8M
Professional Services Veeva Commercial Cloud$186.0M$185.3M$189.3M

Regions

North America brought in 60% of the revenue Veeva Systems broke down this way in fiscal 2026.

  1. North America$1.9B660%up 17% from 2025
  2. Europe$939.6M629%up 19% from 2025
  3. Asia Pacific$280.2M69%up 5% from 2025
  4. Other International$72.2M62%up 6% from 2025
Regions by year
Regions202420252026
North America$1.4B$1.6B$1.9B
Europe$662.6M$790.8M$939.6M
Asia Pacific$250.6M$265.7M$280.2M
Other International$63.1M$68.4M$72.2M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue24¢$782.0M
  • Research and development24¢$767.4M
  • Other costs14¢$451.4M
  • Income tax9¢$285.6M
  • Profit28¢$908.9M

Out of $3.2B in revenue.6

Where each dollar of operating cash went, fiscal 2026

  • Share buybacks12¢$169.9M
  • Kept or used elsewhere88¢$1.2B

Out of $1.4B of cash from operations.6

Financial statements

Revenue9101112136$3.2B in 2026+271% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $862.2M$862.2M20192020: $1.1B$1.1B2020+28%2021: $1.5B$1.5B2021+33%2022: $1.9B$1.9B2022+26%2023: $2.2B$2.2B2023+16%2024: $2.4B$2.4B2024+10%2025: $2.7B$2.7B2025+16%2026: $3.2B$3.2B2026+16%
Gross profit9101112136$2.4B in 2026+291% since 2019
0$1.0B$2.0B$3.0B2019: $616.9M$616.9M20192020: $800.7M$800.7M2020+30%2021: $1.1B$1.1B2021+32%2022: $1.3B$1.3B2022+28%2023: $1.5B$1.5B2023+15%2024: $1.7B$1.7B2024+9%2025: $2.0B$2.0B2025+21%2026: $2.4B$2.4B2026+18%
Operating income9101112136$916.4M in 2026+311% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $222.9M$222.9M20192020: $286.2M$286.2M2020+28%2021: $377.8M$377.8M2021+32%2022: $505.5M$505.5M2022+34%2023: $459.1M$459.1M2023−9%2024: $429.3M$429.3M2024−6%2025: $691.4M$691.4M2025+61%2026: $916.4M$916.4M2026+33%
Net income9101112136$908.9M in 2026+295% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $229.8M$229.8M20192020: $301.1M$301.1M2020+31%2021: $380.0M$380.0M2021+26%2022: $427.4M$427.4M2022+12%2023: $487.7M$487.7M2023+14%2024: $525.7M$525.7M2024+8%2025: $714.1M$714.1M2025+36%2026: $908.9M$908.9M2026+27%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2026-01-312025-01-312024-01-31
Total revenues$3.2B$2.7B$2.4B
Total cost of revenues$782.0M$699.6M$677.3M
Gross profit$2.4B$2.0B$1.7B
Research and development$767.4M$693.1M$629.0M
Sales and marketing$428.8M$396.7M$381.5M
General and administrative$300.7M$265.7M$246.5M
Total operating expenses$1.5B$1.4B$1.3B
Operating income$916.4M$691.4M$429.3M
Other income, net$278.1M$227.9M$158.7M
Income before income taxes$1.2B$919.4M$588.0M
Income tax provision$285.6M$205.2M$62.3M
Net income$908.9M$714.1M$525.7M
Basic (in usd per share)$5.55$4.41$3.27
Diluted (in usd per share)$5.44$4.32$3.22
Basic (in shares)163.7M shares161.9M shares160.5M shares
Diluted (in shares)167.0M shares165.2M shares163.5M shares
Net change in unrealized gain on available-for-sale investments$17.4M$4.1M$22.0M
Net change in cumulative foreign currency translation loss-$786.0K-$1.9M-$1.5M
Comprehensive income$925.5M$716.4M$546.2M
Total stock-based compensation$472.7M$437.4M$393.7M

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The story

Founded by Peter Gassner in 2007.1

Veeva was founded in 2007 by Peter Gassner and Matt Wallach.

In 2011, the company introduced Veeva Vault, a content management system for the life sciences industry.

In October 2013, Veeva became a public company via an initial public offering on the New York Stock Exchange.

In February 2021, Veeva became the first publicly traded company to convert to a public benefit corporation.

In 2025, Veeva ended its partnership with Salesforce, a competitor.

From Wikipedia’s article on Veeva Systems, shared under CC BY-SA 4.0.8

Leadership

Who has led Veeva Systems, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Peter Gassner2013–2024

President

  1. Matthew J. Wallach2013–2019
  2. Thomas D. Schwenger2019–2024
  3. Eleni Nitsa Zuppas2024–now

Chief financial officer

  1. Timothy S. Cabral2013–2024
  2. Brent R. Bowman2020–2024
  3. Wagener Brian Van2024–now

Chief operating officer

  1. Thomas D. Schwenger2019–2024
2010201520202025
Board members and other officers (27)

Former names

  • VERTICALS ONDEMAND INCMar 7, 2007 to Mar 7, 20077

Timeline

  1. Oct 16, 2013Went public Listed on NYSE1
  2. Oct 15, 2013New chief executive Peter Gassner becomes CEO17
  3. 2007Founded Founded1

Filings

676 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 48 major events, 503 insider forms, 26 large holders, 79 other. The latest 20:

  1. Oct 14, 2026144 EDGAR
  2. Oct 14, 2026144 EDGAR
  3. Oct 5, 2026144 EDGAR
  4. Oct 5, 20264 EDGAR
  5. Oct 5, 20264 EDGAR
  6. Oct 5, 20264 EDGAR
  7. Oct 5, 20264 EDGAR
  8. Oct 5, 20264 EDGAR
  9. Oct 5, 20264 EDGAR
  10. Oct 2, 2026144 EDGAR
  11. Sep 21, 20263 EDGAR
  12. Sep 16, 20264 EDGAR
  13. Sep 14, 2026144 EDGAR
  14. Sep 11, 20264 EDGAR
  15. Sep 9, 2026144 EDGAR
  16. Sep 3, 20264 EDGAR
  17. Sep 3, 20264 EDGAR
  18. Sep 3, 20264 EDGAR
  19. Sep 3, 20264 EDGAR
  20. Sep 3, 20264 EDGAR

The 676 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

104 open-market trades by officers, directors and large owners since October 2021: 0 buys and 104 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 14, 2026Schwenger Thomas D.Pres. & Chief Customer OfficerSale1,000$265.20$265.2KForm 4
Sep 9, 2026Hung PriscillaDirectorSale750$261.04$195.8KForm 4
Aug 27, 2026Schwenger Thomas D.Pres. & Chief Customer OfficerSale10,000$281.33$2.8MForm 4
Aug 13, 2026Schwenger Thomas D.Pres. & Chief Customer OfficerSale36,000$250.23$9.0MForm 4
Jul 16, 2026Schwenger Thomas D.Pres. & Chief Customer OfficerSale5,000$200.00$1.0MForm 4
Apr 30, 2026Hung PriscillaDirectorSale750$155.64$116.7KForm 4
Apr 10, 2026Hung PriscillaDirectorSale750$153.50$115.1KForm 4
Mar 5, 2026Schwenger Thomas D.Pres. & Chief Customer OfficerSale1,000$200.00$200.0KForm 4
Jan 13, 2026Schwenger Thomas D.Pres. & Chief Customer OfficerSale1,000$231.43$231.4KForm 4
Oct 7, 2025Zuppas Eleni NitsaPresident & Chief of StaffSale6,000$306.62$1.8MForm 4
Oct 6, 2025Faddis JonathanSVP, Gen. Counsel, SecretarySale720$298.12$214.6KForm 4
Oct 2, 2025Schwenger Thomas D.Pres. & Chief Customer OfficerSale3,350$300.04$1.0MForm 4
Oct 2, 2025Faddis JonathanSVP, Gen. Counsel, SecretarySale14,595$300.00$4.4MForm 4
Jul 10, 2025Faddis JonathanSVP, Gen. Counsel, SecretarySale720$285.62$205.6KForm 4
Jul 7, 2025Hung PriscillaDirectorSale171$284.40$48.6KForm 4
Jul 3, 2025Hung PriscillaDirectorSale172$283.00$48.7KForm 4
Jun 6, 2025Cabral Timothy SDirectorSale315$289.72$91.3KForm 4
May 29, 2025Schwenger Thomas D.Pres. & Chief Customer OfficerSale1,150$268.11$308.3KForm 4
May 2, 2025Faddis JonathanSVP, Gen. Counsel, SecretarySale833$236.71$197.2KForm 4
Apr 14, 2025Schwenger Thomas D.Pres. & Chief Customer OfficerSale1,200$220.97$265.2KForm 4

All 104 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.12,862,503$2.3B0.0%+1,303,628
Vanguard Capital Management LLC9,692,862$1.7B0.0%+3,022,544
Vanguard Portfolio Management LLC7,414,743$1.3B0.1%+38,712
State Street Corp6,706,909$1.2B0.0%+3,098,254
Principal Financial Group Inc4,979,210$883.7M0.4%+837,665
Alliancebernstein L.P.4,913,322$863.1M0.3%−1,357,776
Geode Capital Management, LLC4,508,933$797.4M0.0%+1,196,199
Linonia Partnership LP4,409,598$782.6M14.0%−515,028
Aqr Capital Management LLC3,498,371$615.5M0.2%+901,506
Schroder Investment Management Group2,165,208$384.3M0.3%+452,701
Federated Hermes, Inc.1,972,031$350.0M0.5%+317,162
Pictet Asset Management Holding SA1,951,769$346.4M0.3%+357,974
Van Eck Associates Corp1,752,506$311.0M0.2%+663,396
Jpmorgan Chase & Co1,600,195$282.0M0.0%−828,183
Invesco Ltd.1,565,955$277.9M0.0%+1,350,324
Morgan Stanley1,519,941$269.7M0.0%+121,320
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC1,446,761$256.8M0.0%−106,562
Goldman Sachs Group Inc1,440,137$255.6M0.0%+770,538
Northern Trust Corp1,413,020$250.8M0.0%+268,675
Norges Bank1,403,833$249.1M0.0%New
Charles Schwab Investment Management Inc1,282,294$227.6M0.0%+420,824
Bank Of America Corp /de/1,225,875$217.6M0.0%−243,594
Edmond De Rothschild Holding S.a.1,177,286$208.9M2.8%+92,488
Swedbank AB1,083,752$192.3M0.2%−561,376
Legal & General Group Plc1,078,894$191.5M0.0%+57,687

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

16 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
May 29, 2025Robert P. Bresnahan, Jr.Republican, HouseBuy$1,001 - $15,000−18.1%Report
May 16, 2025Robert P. Bresnahan, Jr.Republican, HouseSale$1,001 - $15,000+0.3%Report
Mar 20, 2025Byron DonaldsRepublican, HouseSale$1,001 - $15,000+3.1%Report
Mar 20, 2025Byron DonaldsRepublican, HouseSale$1,001 - $15,000+3.1%Report
Jul 16, 2024John JamesRepublican, HouseSale$1,001 - $15,000−31.4%Report
Nov 10, 2023John JamesRepublican, HouseBuy$1,001 - $15,000+15.4%Report
Feb 13, 2023William R. KeatingDemocratic, HouseBuy$1,001 - $15,000−3.7%Report
Mar 30, 2022Tommy TubervilleRepublican, SenateSale$1,001 - $15,000+21.3%Report
Mar 17, 2021William R. KeatingDemocratic, HouseBuy$1,001 - $15,000−73.0%Report
Mar 4, 2021Josh GottheimerDemocratic, HouseSale$1,001 - $15,000+82.1%Report
Feb 9, 2021Tommy TubervilleRepublican, SenateBuy$1,001 - $15,000+94.4%Report
Nov 16, 2020Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+94.0%Report
Sep 14, 2020Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+110.5%Report
Jul 22, 2020Greg Gianforte, HouseSale$100,001 - $250,000+114.5%Report
Jun 19, 2020Greg Gianforte, HousePartial sale$100,001 - $250,000+111.3%Report
May 7, 2020Greg Gianforte, HousePartial sale$100,001 - $250,000+103.8%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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