Veeva Systems State and local taxes remained flat by 0.0% to $10.33M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.1%, from $10.66M to $10.33M. Over 4 years (FY 2022 to FY 2026), State and local taxes shows an upward trend with a 39.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase suggests higher tax obligations in specific operating regions, while a decrease may reflect lower regional profitability or tax planning.
This metric quantifies the total expense incurred for state and local income taxes, net of any federal tax benefits. It...
Standard disclosure in the tax reconciliation note for companies with multi-state or multi-jurisdictional operations.
other_income_tax_reconciliation_state_and_local_income_taxes| FY'22 | FY'23 | FY'24 | FY'25 | FY'26 | |
|---|---|---|---|---|---|
| Value | $11.04M | $7.32M | $12.06M | $42.65M | $41.34M |
| YoY Change | — | -33.7% | +64.7% | +253.8% | -3.1% |