What is Veeva Systems's state?

Veeva Systems (VEEV) reported state of $2.03M in Q4 2025.

How has Veeva Systems's state changed year-over-year?

Veeva Systems's state increased by 143.8% year-over-year, from -$4.64M to $2.03M.

What is the long-term trend for Veeva Systems's state?

Over 4 years (2022 to 2026), Veeva Systems's state has grown at a 71.3% compound annual growth rate (CAGR), from $945.00K to $8.13M.

What does state mean?

The portion of state and local income taxes that will be paid or realized in future periods.

Discontinued — last reported Q4 '22

Other

State

Veeva Systems State remained flat by 0.0% to $2.03M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 143.8%, from -$4.64M to $2.03M. Over 4 years (FY 2022 to FY 2026), State shows an upward trend with a 71.3% CAGR.

Analysis

StatementIncome Statement

SectionOther

CategoryRisk

SignalContext dependent

VolatilityModerate

First reportedQ1 2015

Last reportedQ4 2022

How to read this metric

An increase in deferred tax assets suggests future tax benefits, while an increase in deferred tax liabilities suggests future tax payments.

Detailed definition

Represents the portion of state and local income tax expense that is deferred to future periods due to temporary differe...

Peer comparison

Commonly reported by large U.S. corporations with multi-state operations; peers typically disclose this in the tax footnote.

Metric ID: other_deferred_state_and_local_income_tax_expense_benefit

Historical Data

5 years

	FY'22	FY'23	FY'24	FY'25	FY'26
Value	$945.00K	-$20.76M	-$15.74M	-$18.57M	$8.13M
YoY Change	—	<-999%	+24.2%	-18.0%	+143.8%

Range-$20.76M – $8.13M

CAGR+71.3%

Avg YoY Growth-536.6%

Median YoY Growth+3.1%

Frequently Asked Questions

What is Veeva Systems's state?: Veeva Systems (VEEV) reported state of $2.03M in Q4 2025.
How has Veeva Systems's state changed year-over-year?: Veeva Systems's state increased by 143.8% year-over-year, from -$4.64M to $2.03M.
What is the long-term trend for Veeva Systems's state?: Over 4 years (2022 to 2026), Veeva Systems's state has grown at a 71.3% compound annual growth rate (CAGR), from $945.00K to $8.13M.
What does state mean?: The portion of state and local income taxes that will be paid or realized in future periods.