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Veeva Systems VEEV Increase Decrease In Unbilled Accounts Receivable

Increase Decrease In Unbilled Accounts Receivable at other companies

Flywire Corporation logo
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$1.12M-7.8%
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Flywire CorporationFLYW
$1.12M-7.8%
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Flywire CorporationFLYW
$6.44M+12.3%
Adeia logo
AdeiaADEA
-$11.44M-43.5%
Adeia logo
AdeiaADEA
-$11.44M-43.5%
Adeia logo
AdeiaADEA
-$11.44M-43.5%

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$35.38B-23.4%
Enterprise value$33.58B-24.3%
P/E37.6×-19.5×
P/S10.7×-4.9×

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

Reported directly by Veeva Systems in its filing.

Tagged under the XBRL concept veev:IncreaseDecreaseInUnbilledAccountsReceivable.

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
Line itemThree months ended April 30, 20262025
Other, net(1,777)4,327
Changes in operating assets and liabilities:
Accounts receivable696,614522,686
Unbilled accounts receivable(9,143)(7,672)
Deferred costs(3,625)(4,055)
Prepaid expenses and other current and long-term assets(7,984)(4,501)
Accounts payable4,4737,743
Accrued expenses and other current liabilities8,923(8,720)

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Veeva Systems's increase decrease in unbilled accounts receivable?
Veeva Systems (VEEV) reported increase decrease in unbilled accounts receivable of $9.14M in Q1 2026.
How has Veeva Systems's increase decrease in unbilled accounts receivable changed year-over-year?
Veeva Systems's increase decrease in unbilled accounts receivable increased by 19.2% year-over-year, from $7.67M to $9.14M.
What does increase decrease in unbilled accounts receivable mean?
This represents the change in revenue that has been earned but not yet invoiced to the customer. It is common in long-term service contracts where billing milestones may lag behind the actual performance of work.

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