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Veeva Systems VEEV Operating margin

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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$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
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.

Based on trailing twelve months.

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 operating margin?
Veeva Systems (VEEV) reported operating margin of 28.8% in Q1 2026.
How has Veeva Systems's operating margin changed year-over-year?
Veeva Systems's operating margin increased by 6.8% year-over-year, from 27% to 28.8%.
What is the long-term trend for Veeva Systems's operating margin?
Over 5 years (2021 to 2026), Veeva Systems's operating margin has grown at a 2.1% compound annual growth rate (CAGR), from 25.8% to 28.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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