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Veeva Systems VEEV Operating Lease ROU Assets

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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$37.44B-17.3%
Enterprise value$35.64B-17.9%
P/E39.8×-16.1×
P/S11.3×-4.0×

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 us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent.

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 itemApril 30, 2026January 31, 2026
Weighted average remaining lease term7.9 years7.8 years
Weighted average discount rate4.8%4.8%

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Veeva Systems's operating lease ROU assets?
Veeva Systems (VEEV) reported operating lease ROU assets of 4.8% in Q1 2026.
How has Veeva Systems's operating lease ROU assets changed year-over-year?
Veeva Systems's operating lease ROU assets increased by 4.3% year-over-year, from 4.6% to 4.8%.
What is the long-term trend for Veeva Systems's operating lease ROU assets?
Over 5 years (2021 to 2026), Veeva Systems's operating lease ROU assets has grown at a -98.5% compound annual growth rate (CAGR), from 5,691,700,000% to 4.8%.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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