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Veeva Systems VEEV Accrued Expenses

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Other financials

Income statement

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Revenue$882.9M+16.3%
Gross profit$662.0M+13.1%
Operating income$273.1M+16.8%
Net income$260.9M+14.4%
EPS (diluted)$1.57+14.6%

Balance sheet

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Cash & equivalents$1.9B-3.5%
Total debt$103.1M+33.5%
Total equity$7.3B+17.6%
Total assets$9.1B+17.6%

Cash flow

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Operating cash flow$1.1B+28.5%
CapEx$2.3M
Free cash flow$110.6M

Valuation

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Market cap$34.68B-23.4%
Enterprise value$32.89B-24.3%
P/E36.8×-19.1×
P/S10.5×-4.8×

Profitability

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Gross margin75%-0.5pp
Operating margin28.8%+1.8pp
Net margin28.4%+1.0pp
FCF margin37.2%

Returns & leverage

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Return on equity13.9%-0.1pp
Debt / equity0.0×
Current ratio4.7×+0.1×

Where this comes from

Reported directly by Veeva Systems in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Veeva Systems’s 10-Q, filed June 5, 2026.

Filed
Jun 5, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001393052-26-000026
Line itemApril 30,2026January 31,2026
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable$40,657$37,644
Accrued compensation and benefits52,57245,857
Accrued expenses and other current liabilities50,97445,885
Income tax payable67,8976,698
Deferred revenue1,476,5391,488,819
Lease liabilities13,13112,153

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Veeva Systems's accrued expenses?
Veeva Systems (VEEV) reported accrued expenses of $52.57M in Q1 2026.
How has Veeva Systems's accrued expenses changed year-over-year?
Veeva Systems's accrued expenses increased by 34.5% year-over-year, from $39.08M to $52.57M.
What is the long-term trend for Veeva Systems's accrued expenses?
Over 5 years (2021 to 2026), Veeva Systems's accrued expenses has grown at a 8.6% compound annual growth rate (CAGR), from $30.41M to $45.86M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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