What is Veeva Systems's gross profit?

Veeva Systems (VEEV) reported gross profit of $662.02M in Q1 2026.

How has Veeva Systems's gross profit changed year-over-year?

Veeva Systems's gross profit increased by 13.1% year-over-year, from $585.22M to $662.02M.

What is the long-term trend for Veeva Systems's gross profit?

Over 4 years (2022 to 2026), Veeva Systems's gross profit has grown at a 15.7% compound annual growth rate (CAGR), from $1.35B to $2.41B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Veeva Systems VEEV Gross Profit

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Other financials

Income statement

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Revenue$882.9M+16.3%

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$28.83B-31.9%

Enterprise value$27.03B-33.0%

P/E30.6×-23.6×

P/S8.7×-6.1×

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 / equity0×0.0×

Current ratio4.7×+0.1×

Where this comes from

Calculated from Veeva Systems’s reported figures.

$882.9Mtotal revenue−$220.9Mtotal cost of revenue=$662.02M

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 gross profit?: Veeva Systems (VEEV) reported gross profit of $662.02M in Q1 2026.
How has Veeva Systems's gross profit changed year-over-year?: Veeva Systems's gross profit increased by 13.1% year-over-year, from $585.22M to $662.02M.
What is the long-term trend for Veeva Systems's gross profit?: Over 4 years (2022 to 2026), Veeva Systems's gross profit has grown at a 15.7% compound annual growth rate (CAGR), from $1.35B to $2.41B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.