Tax

Federal Tax (Current)

Veeva Systems Federal Tax (Current) remained flat by 0.0% to $40.11M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 34.2%, from $60.92M to $40.11M. Over 4 years (FY 2022 to FY 2026), Federal Tax (Current) shows an upward trend with a 31.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

Changes reflect shifts in domestic profitability and effective tax planning strategies.

Detailed definition

The portion of the total income tax provision that is currently payable to the national government based on the current...

Peer comparison

Standard tax disclosure for all U.S. public companies.

Metric ID: msft_current_federal_tax_expense

Historical Data

5 years
 FY'22FY'23FY'24FY'25FY'26
Value$53.43M$110.61M$126.17M$243.66M$160.44M
YoY Change+107.0%+14.1%+93.1%-34.2%
Range$53.43M$243.66M
CAGR+31.6%
Avg YoY Growth+45.0%
Median YoY Growth+53.6%

Frequently Asked Questions

What is Veeva Systems's federal tax (current)?
Veeva Systems (VEEV) reported federal tax (current) of $40.11M in Q4 2025.
How has Veeva Systems's federal tax (current) changed year-over-year?
Veeva Systems's federal tax (current) decreased by 34.2% year-over-year, from $60.92M to $40.11M.
What is the long-term trend for Veeva Systems's federal tax (current)?
Over 4 years (2022 to 2026), Veeva Systems's federal tax (current) has grown at a 31.6% compound annual growth rate (CAGR), from $53.43M to $160.44M.
What does federal tax (current) mean?
The amount of federal income tax currently owed for the period.