Professional services and other — Unbilled accounts receivable
Veeva Systems Professional services and other — Unbilled accounts receivable decreased by 11.1% to $40.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 21.2%, from $33.00M to $40.00M. Over 4 years (FY 2022 to FY 2026), Professional services and other — Unbilled accounts receivable shows an upward trend with a 11.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A significant increase may signal potential cash flow delays or a buildup of unbilled project milestones, while a decrease suggests effective billing cycles and cash conversion.
Detailed definition
This metric represents revenue recognized for professional services performed but not yet invoiced to the customer accor...
Peer comparison
Comparable to unbilled receivables or contract assets in other professional services or project-based software businesses.
veev_segment_professional_services_and_other_unbilled_accounts_receivableHistorical Data
| 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 | $25.00M | $26.00M | $30.00M | $28.00M | $32.00M | $32.00M | $34.00M | $32.00M | $33.00M | $34.00M | $38.00M | $32.00M | $35.00M | $35.00M | $39.00M | $33.00M | $40.00M | $42.00M | $45.00M | $40.00M |
| QoQ Change | — | +4.0% | +15.4% | -6.7% | +14.3% | +0.0% | +6.3% | -5.9% | +3.1% | +3.0% | +11.8% | -15.8% | +9.4% | +0.0% | +11.4% | -15.4% | +21.2% | +5.0% | +7.1% | -11.1% |
| YoY Change | — | — | — | — | +28.0% | +23.1% | +13.3% | +14.3% | +3.1% | +6.3% | +11.8% | +0.0% | +6.1% | +2.9% | +2.6% | +3.1% | +14.3% | +20.0% | +15.4% | +21.2% |
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Frequently Asked Questions
- What is Veeva Systems's professional services and other — unbilled accounts receivable?
- Veeva Systems (VEEV) reported professional services and other — unbilled accounts receivable of $40.00M in Q4 2025.
- How has Veeva Systems's professional services and other — unbilled accounts receivable changed year-over-year?
- Veeva Systems's professional services and other — unbilled accounts receivable increased by 21.2% year-over-year, from $33.00M to $40.00M.
- What is the long-term trend for Veeva Systems's professional services and other — unbilled accounts receivable?
- Over 4 years (2022 to 2026), Veeva Systems's professional services and other — unbilled accounts receivable has grown at a 11.3% compound annual growth rate (CAGR), from $109.00M to $167.00M.
- What does professional services and other — unbilled accounts receivable mean?
- Revenue earned from services already provided that has not yet been billed to the client.