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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$24.9B-31.2%
Enterprise value$23.11B-32.6%
P/E26.5×-19.9×
P/S7.5×-5.2×

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

Calculated from Veeva Systems’s reported figures.

The official record: Veeva Systems’s 10-Q, filed June 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Veeva Systems's EBIT?
Veeva Systems (VEEV) reported EBIT of $347.53M in Q1 2026.
How has Veeva Systems's EBIT changed year-over-year?
Veeva Systems's EBIT decreased by 4.9% year-over-year, from $365.63M to $347.53M.
What is the long-term trend for Veeva Systems's EBIT?
Over 4 years (2022 to 2026), Veeva Systems's EBIT has grown at a 29.0% compound annual growth rate (CAGR), from $527.04M to $1.46B.
What does EBIT mean?
Profit before interest and taxes — the business's core earning power.
How do you interpret EBIT?
Higher is better. Because it adds back interest, EBIT compares earning power across firms with very different debt loads — the base for interest coverage and the EV/EBIT multiple. For filers reporting operating income it equals that line, excluding non-operating swings.
How does EBIT compare across companies?
Comparable across companies regardless of leverage or tax domicile; the standard 'earning power' line for cross-company analysis. Least meaningful for banks and insurers.