Veeva Systems Professional services and other — Total cost of revenues increased by 11.1% to $116.94M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 19.9%, from $97.50M to $116.94M. Over 4 years (FY 2022 to FY 2026), Professional services and other — Total cost of revenues shows an upward trend with a 10.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to revenue may signal declining service margins or inefficiencies in delivery, while a decrease relative to revenue suggests improved operational leverage.
This metric captures the direct costs associated with delivering professional services, including personnel costs for co...
Similar to cost of services or cost of goods sold for service-oriented business units in enterprise software firms.
veev_segment_professional_services_and_other_total_cost_of_revenues| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $64.92M | $68.19M | $69.92M | $75.74M | $80.56M | $87.63M | $88.17M | $95.40M | $99.09M | $97.85M | $93.25M | $96.53M | $95.74M | $91.58M | $91.75M | $97.50M | $95.48M | $101.42M | $105.29M | $116.94M |
| QoQ Change | — | +5.0% | +2.5% | +8.3% | +6.4% | +8.8% | +0.6% | +8.2% | +3.9% | -1.3% | -4.7% | +3.5% | -0.8% | -4.3% | +0.2% | +6.3% | -2.1% | +6.2% | +3.8% | +11.1% |
| YoY Change | — | — | — | — | +24.1% | +28.5% | +26.1% | +26.0% | +23.0% | +11.7% | +5.8% | +1.2% | -3.4% | -6.4% | -1.6% | +1.0% | -0.3% | +10.7% | +14.8% | +19.9% |