Income Taxes Paid, Net
Veeva Systems Income Taxes Paid, Net decreased by 91.2% to $13.85M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 227.5%, from $4.23M to $13.85M. Over 3 years (FY 2022 to FY 2025), Income Taxes Paid, Net shows an upward trend with a 76.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A lower cash tax rate relative to statutory rates can indicate effective tax planning, while high cash taxes may signal a lack of tax-efficient strategies or one-time tax events.
Detailed definition
This metric represents the actual cash paid for income taxes during the period, net of any refunds received. It provides...
Peer comparison
Standard supplemental disclosure; peers are compared based on their cash effective tax rate.
supplemental_income_taxes_paid_netHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.13M | $15.37M | $14.17M | $23.96M | $18.19M | $89.58M | $2.94M | $67.10M | $1.03M | $6.23M | $93.59M | $33.62M | $4.23M | $122.45M | $38.23M | $157.14M | $13.85M |
| QoQ Change | — | +199.4% | -7.8% | +69.1% | -24.1% | +392.5% | -96.7% | >999% | -98.5% | +502.7% | >999% | -64.1% | -87.4% | >999% | -68.8% | +311.1% | -91.2% |
| YoY Change | — | — | — | — | +254.4% | +482.9% | -79.3% | +180.0% | -94.3% | -93.0% | >999% | -49.9% | +309.0% | >999% | -59.2% | +367.4% | +227.5% |
Income Taxes Paid, Net at Other Companies
Frequently Asked Questions
- What is Veeva Systems's income taxes paid, net?
- Veeva Systems (VEEV) reported income taxes paid, net of $13.85M in Q1 2025.
- How has Veeva Systems's income taxes paid, net changed year-over-year?
- Veeva Systems's income taxes paid, net increased by 227.5% year-over-year, from $4.23M to $13.85M.
- What is the long-term trend for Veeva Systems's income taxes paid, net?
- Over 3 years (2022 to 2025), Veeva Systems's income taxes paid, net has grown at a 76.4% compound annual growth rate (CAGR), from $58.63M to $322.05M.
- What does income taxes paid, net mean?
- The actual cash amount paid to tax authorities during the year.