Business Segments · R&D
Business Segments — R&D
Veeva Systems Business Segments — R&D increased by 6.4% to $148.03M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.2%, from $134.37M to $148.03M. Over 2 years (FY 2024 to FY 2026), Business Segments — R&D shows an upward trend with a 11.1% CAGR.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ2 2023
Last reportedQ1 2026
Rolls up toR&D
How to read this metric
An increase reflects a commitment to long-term innovation, while a decrease might signal cost-cutting or a shift in product strategy.
Detailed definition
This represents the costs incurred by the segment to innovate, maintain, and enhance its cloud-based software platforms....
Peer comparison
Comparable to R&D spending as a percentage of revenue for peer software-as-a-service (SaaS) firms.
Metric ID:
veev_segment_reportable_segment_research_and_developmentHistorical Data
12 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $114.01M | $114.01M | $114.01M | $114.01M | $120.94M | $127.42M | $124.37M | $134.37M | $136.08M | $139.29M | $139.09M | $148.03M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +6.1% | +5.4% | -2.4% | +8.0% | +1.3% | +2.4% | -0.1% | +6.4% |
| YoY Change | — | — | — | — | +6.1% | +11.8% | +9.1% | +17.9% | +12.5% | +9.3% | +11.8% | +10.2% |
Range$114.01M – $148.03M
CAGR+10.0%
Avg YoY Growth+11.1%
Median YoY Growth+11.0%
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Frequently Asked Questions
- What is Veeva Systems's business segments — r&d?
- Veeva Systems (VEEV) reported business segments — r&d of $148.03M in Q4 2025.
- How has Veeva Systems's business segments — r&d changed year-over-year?
- Veeva Systems's business segments — r&d increased by 10.2% year-over-year, from $134.37M to $148.03M.
- What is the long-term trend for Veeva Systems's business segments — r&d?
- Over 2 years (2024 to 2026), Veeva Systems's business segments — r&d has grown at a 11.1% compound annual growth rate (CAGR), from $456.04M to $562.49M.
- What does business segments — r&d mean?
- The total spending on developing and improving the segment's software products.