Income StatementBalance SheetCash FlowSegments
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Veeva Systems Cash Flow Statement

Operating, investing, and financing cash movements

Veeva Systems generated $1.4B in operating cash flow over the trailing twelve months. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$1.4BNet Cash From Investing (TTM)-$1.1BNet Cash From Financing (TTM)-$9.3MCapital Expenditures$2.3MDepreciation And Amortization Cf (TTM)$38.0MNet Change In Cash (TTM)$615.6M
Latest FilingQ1 2026
Report Date2026-03-20
Market Cap$26.7B
P/E Ratio29.42
ROE13.93%

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in accounts payable$3.8M-$2.4M$7.7M-$4.4M-$171.0K$2.9M
Change in accounts receivable-$108.7M$760.5M-$522.7M-$70.3M-$108.0M$945.7M
Change in accrued liabilities-$4.7M—-$8.7M$32.5M-$27.0M$6.2M
Change in deferred revenue-$217.4M$548.9M-$41.4M-$139.5M-$285.2M$679.2M
Change in income taxes payable/receivable$5.2M-$1.8M$82.3M-$87.7M$2.4M—
Change in operating lease liabilities-$2.5M-$2.7M-$2.5M-$2.8M-$870.0K$0.0
Change in other assets$3.0M$18.8M$4.5M$16.7M-$14.4M$27.0M
Change in other liabilities$945.0K—$1.3M$1.3M$1.4M—
Other working capital changes-$592.0K$1.7M$4.3M-$5.7M$852.0K$3.8M
Deferred income taxes-$31.4M-$21.0M-$27.4M$59.1M$18.5M$14.9M
Depreciation and amortization$9.9M$9.9M$9.8M$10.1M$9.7M$8.3M
Net cash from operating activities$164.1M$69.5M$877.2M$238.4M$192.8M$106.8M
Net income$185.8M$195.6M$228.2M$200.3M$236.2M$244.2M
Amortization of deferred costs$3.9M$4.0M$4.0M$4.2M$4.0M$4.3M
Increase Decrease In Unbilled Accounts Receivable$6.0M—$7.7M$1.9M$7.2M—
Non-cash operating lease expense$2.8M$3.2M$3.3M$3.1M$3.1M$3.1M
Stock-based compensation$117.9M$115.2M$112.2M$122.0M$120.3M$118.3M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash-$94.0K-$389.0K$766.0K$599.0K-$494.0K$48.0K
Net increase (decrease) in cash-$121.2M$74.3M$846.2M-$34.6M-$270.3M—

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income taxes paid$76.2M$83.1M$13.9M$112.8M$38.2M$65.1M
Excess tax benefits from employee stock plans$898.0K$3.8M$2.6M$13.0M$7.7M$2.0M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net cash from financing activities$13.0M$20.8M$20.4M$115.7M$32.6M-$178.0M
Proceeds from issuance of common stock$30.3M$40.4M$40.6M$141.7M$57.7M$13.9M
Repurchases of common stock$0.0$0.0$42.5M$42.5M$42.5M$42.5M
Taxes paid for net share settlement$17.3M$19.6M$20.2M$26.0M$25.1M$22.0M

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net cash from investing activities-$298.2M-$15.7M-$52.1M-$389.3M-$495.2M-$167.8M
Proceeds from maturities/sales of investments$520.3M$364.5M$620.9M$402.8M$448.0M$586.2M
Purchases of investments$814.2M$375.4M$667.1M$785.8M$933.3M$746.9M