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Discontinued — last reported Q1 '27

Net debt at other companies

Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5×-5.4×
Zscaler logo
ZscalerZS
19.2×+12.3×
Citigroup logo
CitigroupC
0.1×-0.3×
Morgan Stanley logo
Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

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$34.68B-24.9%
Enterprise value$32.89B-25.8%
P/E36.8×-20.2×
P/S10.5×-5.1×

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×
Current ratio4.7×+0.1×

Where this comes from

Calculated from Veeva Systems’s reported figures.

The source filing: Veeva Systems’s 10-Q, filed June 5, 2026. Open the filing →

Filed
Jun 5, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001393052-26-000026

FAQ

What is Veeva Systems's net debt?
Veeva Systems (VEEV) reported net debt of -$1.8B in Q1 2026.
How has Veeva Systems's net debt changed year-over-year?
Veeva Systems's net debt increased by 5.0% year-over-year, from -$1.89B to -$1.8B.
What is the long-term trend for Veeva Systems's net debt?
Over 5 years (2021 to 2026), Veeva Systems's net debt has grown at a 14.7% compound annual growth rate (CAGR), from -$668.97M to -$1.33B.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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