Veeva Systems VEEV Professional services and other — Total cost of revenues

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FAQ

What is Veeva Systems's professional services and other — total cost of revenues?

Veeva Systems (VEEV) reported professional services and other — total cost of revenues of $121.82M in Q1 2026.

How has Veeva Systems's professional services and other — total cost of revenues changed year-over-year?

Veeva Systems's professional services and other — total cost of revenues increased by 27.6% year-over-year, from $95.48M to $121.82M.

What is the long-term trend for Veeva Systems's professional services and other — total cost of revenues?

Over 4 years (2022 to 2026), Veeva Systems's professional services and other — total cost of revenues has grown at a 10.7% compound annual growth rate (CAGR), from $278.77M to $419.13M.

What does professional services and other — total cost of revenues mean?

This metric captures the direct costs associated with delivering professional services, including personnel costs for consultants, travel expenses, and third-party contractor fees. It is a key indicator of the operational efficiency and scalability of the services organization. Managing these costs effectively is critical to maintaining healthy margins within the services segment.