What is Veeva Systems's income tax?

Veeva Systems (VEEV) reported income tax of $86.59M in Q1 2026.

How has Veeva Systems's income tax changed year-over-year?

Veeva Systems's income tax increased by 22.6% year-over-year, from $70.63M to $86.59M.

What is the long-term trend for Veeva Systems's income tax?

Over 3 years (2022 to 2026), Veeva Systems's income tax has grown at a 49.8% compound annual growth rate (CAGR), from $84.92M to $285.6M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Veeva Systems VEEV Income Tax

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Segments

By segment

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Reportable Segment$86.59M+22.6%

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$30.82B-32.9%

Enterprise value$29.02B-34.1%

P/E32.7×-26.1×

P/S9.3×-6.8×

Profitability

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Gross margin75%-0.5pp

Operating margin28.8%+1.8pp

Net margin28.4%+1.0pp

FCF margin37.2%—

Returns & leverage

See full

Return on equity13.9%-0.1pp

Debt / equity0×0.0×

Current ratio4.7×+0.1×

Where this comes from

Reported directly by Veeva Systems in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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 income tax?: Veeva Systems (VEEV) reported income tax of $86.59M in Q1 2026.
How has Veeva Systems's income tax changed year-over-year?: Veeva Systems's income tax increased by 22.6% year-over-year, from $70.63M to $86.59M.
What is the long-term trend for Veeva Systems's income tax?: Over 3 years (2022 to 2026), Veeva Systems's income tax has grown at a 49.8% compound annual growth rate (CAGR), from $84.92M to $285.6M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.