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Veeva Systems VEEV Professional services and other — Total revenues

Other product segments

Commercial Solutions
$337.87M+10.6%
R&D and Quality Solutions
$95.2M—

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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$35.38B-23.4%
Enterprise value$33.58B-24.3%
P/E37.6×-19.5×
P/S10.7×-4.9×

Profitability

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Gross margin75%-0.5pp
Operating margin28.8%+1.8pp
Net margin28.4%+1.0pp
FCF margin37.2%—

Returns & leverage

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Return on equity13.9%-0.1pp
Debt / equity0×0.0×
Current ratio4.7×+0.1×

Where this comes from

Reported directly by Veeva Systems in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Veeva Systems’s 10-Q, filed June 5, 2026.

Filed
Jun 5, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001393052-26-000026
Line itemThree months ended April 30, 20262025
Revenues:
Subscription$730,175$634,768
Professional services and other152,773124,275
Total revenues882,948759,043
Cost of revenues (1):
Cost of subscription99,10378,346
Cost of professional services and other121,82195,478
Total cost of revenues220,924173,824

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Veeva Systems's professional services and other — total revenues?
Veeva Systems (VEEV) reported professional services and other — total revenues of $152.77M in Q1 2026.
How has Veeva Systems's professional services and other — total revenues changed year-over-year?
Veeva Systems's professional services and other — total revenues increased by 22.9% year-over-year, from $124.28M to $152.77M.
What is the long-term trend for Veeva Systems's professional services and other — total revenues?
Over 4 years (2022 to 2026), Veeva Systems's professional services and other — total revenues has grown at a 8.6% compound annual growth rate (CAGR), from $366.8M to $511.12M.
What does professional services and other — total revenues mean?
This metric represents the total revenue generated from professional services, consulting, and implementation support provided to life sciences clients. It reflects the company's ability to monetize the deployment and configuration of its cloud-based software solutions. Growth in this area often indicates strong customer adoption and the successful expansion of the company's ecosystem within the industry.

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