Discontinued — last reported Q3 '25

Other

Change in Deferred Revenue

Veeva Systems Change in Deferred Revenue increased by 338.1% to $679.17M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 23.7%, from $548.93M to $679.17M. Over 4 years (FY 2022 to FY 2026), Change in Deferred Revenue shows an upward trend with a 16.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ3 2025

How to read this metric

An increase is generally positive, signaling strong future revenue visibility and customer commitment.

Detailed definition

Measures the net change in payments received from customers for goods or services that have not yet been delivered or ea...

Peer comparison

Highly relevant for subscription or long-cycle businesses; compared against peers with similar revenue models.

Metric ID: anet_change_in_deferred_revenue

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value-$8.18M-$49.78M-$141.08M$315.19M-$7.47M-$40.00M-$174.54M$362.49M-$1.22M-$34.86M-$192.04M$416.28M-$31.29M-$72.36M-$217.44M$548.93M-$41.36M-$139.53M-$285.23M$679.17M
QoQ Change-508.9%-183.4%+323.4%-102.4%-435.4%-336.4%+307.7%-100.3%<-999%-450.8%+316.8%-107.5%-131.2%-200.5%+352.5%-107.5%-237.3%-104.4%+338.1%
YoY Change+8.6%+19.7%-23.7%+15.0%+83.7%+12.8%-10.0%+14.8%<-999%-107.6%-13.2%+31.9%-32.2%-92.8%-31.2%+23.7%
Range-$285.23M$679.17M
CAGR+153.6%
Avg YoY Growth-160.2%
Median YoY Growth-0.7%

Frequently Asked Questions

What is Veeva Systems's change in deferred revenue?
Veeva Systems (VEEV) reported change in deferred revenue of $679.17M in Q4 2025.
How has Veeva Systems's change in deferred revenue changed year-over-year?
Veeva Systems's change in deferred revenue increased by 23.7% year-over-year, from $548.93M to $679.17M.
What is the long-term trend for Veeva Systems's change in deferred revenue?
Over 4 years (2022 to 2026), Veeva Systems's change in deferred revenue has grown at a 16.4% compound annual growth rate (CAGR), from $116.14M to $213.06M.
What does change in deferred revenue mean?
The change in payments received for work not yet completed.