Discontinued — last reported Q3 '25

Current Liabilities

Operating Lease Liability - Undiscounted Excess Amount

Veeva Systems Operating Lease Liability - Undiscounted Excess Amount increased by 6.6% to $20.44M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 22.4%, from $16.69M to $20.44M.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2025

How to read this metric

Changes reflect shifts in the discount rates used for lease accounting or changes in the duration of the lease portfolio.

Detailed definition

This represents the difference between the total undiscounted future lease payments and the present value of those payme...

Peer comparison

Used by analysts to reconcile lease accounting differences between companies with varying discount rate assumptions.

Metric ID: operating_lease_liability_undiscounted_excess

Historical Data

15 periods
 Q1 '21Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25
Value$8.20M$7.76M$7.22M$6.27M$12.31M$11.70M$10.89M$11.08M$10.55M$8.95M$8.43M$16.69M$16.81M$19.17M$20.44M
QoQ Change-5.4%-7.0%-13.1%+96.2%-5.0%-7.0%+1.8%-4.8%-15.1%-5.8%+97.9%+0.7%+14.0%+6.6%
YoY Change-23.5%+58.7%+62.1%+73.5%-10.0%-9.8%-17.7%-23.9%+58.2%+87.8%+127.3%+22.4%
Range$6.27M$20.44M
CAGR+29.8%
Avg YoY Growth+33.8%
Median YoY Growth+40.3%
Current Streak4 quarters growth

Frequently Asked Questions

What is Veeva Systems's operating lease liability - undiscounted excess amount?
Veeva Systems (VEEV) reported operating lease liability - undiscounted excess amount of $20.44M in Q3 2025.
How has Veeva Systems's operating lease liability - undiscounted excess amount changed year-over-year?
Veeva Systems's operating lease liability - undiscounted excess amount increased by 22.4% year-over-year, from $16.69M to $20.44M.
What does operating lease liability - undiscounted excess amount mean?
The difference between the total future lease payments and their current value on the balance sheet.