Veeva Systems VEEV Amortization Of Deferred Charges
Amortization Of Deferred Charges at other companies
Other financials
Where this comes from
Reported directly by Veeva Systems in its filing.
Tagged under the XBRL concept us-gaap:AmortizationOfDeferredCharges.
The source filing: Veeva Systems’s 10-Q, filed June 5, 2026.
- Filed
- Jun 5, 2026, 4:06 PM EDT
- Fiscal quarter
- Q1 FY2027
- Calendar quarter
- Q2 2026
- Accession
- 0001393052-26-000026
Deferred costs, which consist of deferred sales commissions, were $29 million and $30 million as of April 30, 2026 and January 31, 2026, respectively. Amortization expense for deferred costs included in sales and marketing expenses in the condensed consolidated statements of comprehensive income was $5 million and $4 million for the three months ended April 30, 2026 and 2025, respectively. There have been no impairment losses recorded in relation to the costs capitalized for any period presented.
ITEM 1. FINANCIAL STATEMENTS.
FAQ
- What is Veeva Systems's amortization of deferred charges?
- Veeva Systems (VEEV) reported amortization of deferred charges of $5M in Q1 2026.
- How has Veeva Systems's amortization of deferred charges changed year-over-year?
- Veeva Systems's amortization of deferred charges increased by 25.0% year-over-year, from $4M to $5M.
- What is the long-term trend for Veeva Systems's amortization of deferred charges?
- Over 4 years (2022 to 2026), Veeva Systems's amortization of deferred charges has grown at a -11.4% compound annual growth rate (CAGR), from $26M to $16M.
- What does amortization of deferred charges mean?
- This represents the systematic allocation of costs that were initially capitalized as deferred charges over their useful life. These charges typically relate to expenses incurred to obtain long-term benefits, such as contract acquisition costs or specific project development. Amortizing these costs matches the expense to the period in which the associated economic benefit is realized.
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