Discontinued — last reported Q4 '25

Operating Expenses

Compensation and benefits

Veeva Systems Compensation and benefits decreased by 1.7% to $118.26M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.7%, from $115.20M to $118.26M. Over 4 years (FY 2022 to FY 2026), Compensation and benefits shows an upward trend with a 19.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

An increase often reflects headcount growth or higher performance-based incentives, while a decrease may indicate efficiency initiatives or workforce reductions.

Detailed definition

Includes all salaries, wages, bonuses, stock-based compensation, and employee benefit costs for the workforce. This is t...

Peer comparison

Highly comparable across all sectors; usually found under 'Personnel' or 'Staffing' expenses.

Metric ID: compensation_and_benefits

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$48.49M$62.39M$62.05M$61.72M$67.13M$96.04M$93.19M$95.54M$90.72M$102.90M$101.23M$98.89M$95.91M$108.38M$117.86M$115.20M$112.21M$121.97M$120.27M$118.26M
QoQ Change+28.7%-0.5%-0.5%+8.8%+43.1%-3.0%+2.5%-5.1%+13.4%-1.6%-2.3%-3.0%+13.0%+8.8%-2.3%-2.6%+8.7%-1.4%-1.7%
YoY Change+38.5%+54.0%+50.2%+54.8%+35.1%+7.1%+8.6%+3.5%+5.7%+5.3%+16.4%+16.5%+17.0%+12.5%+2.0%+2.7%
Range$48.49M$121.97M
CAGR+20.6%
Avg YoY Growth+20.6%
Median YoY Growth+14.5%
Current Streak2 quarters decline

Frequently Asked Questions

What is Veeva Systems's compensation and benefits?
Veeva Systems (VEEV) reported compensation and benefits of $118.26M in Q4 2025.
How has Veeva Systems's compensation and benefits changed year-over-year?
Veeva Systems's compensation and benefits increased by 2.7% year-over-year, from $115.20M to $118.26M.
What is the long-term trend for Veeva Systems's compensation and benefits?
Over 4 years (2022 to 2026), Veeva Systems's compensation and benefits has grown at a 19.1% compound annual growth rate (CAGR), from $234.64M to $472.70M.
What does compensation and benefits mean?
The total cost of employee salaries, bonuses, and benefits.