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Veeva Systems VEEV Business Segments — Sales and marketing

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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$30.82B-32.9%
Enterprise value$29.02B-34.1%
P/E32.7×-26.1×
P/S9.3×-6.8×

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×
Current ratio4.7×+0.1×

Where this comes from

Reported directly by Veeva Systems in its filing.

Tagged under the XBRL concept us-gaap:SellingAndMarketingExpense.

The official record: Veeva Systems’s 10-Q, filed June 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Veeva Systems's business segments — sales and marketing?
Veeva Systems (VEEV) reported business segments — sales and marketing of $84.19M in Q1 2026.
How has Veeva Systems's business segments — sales and marketing changed year-over-year?
Veeva Systems's business segments — sales and marketing increased by 14.5% year-over-year, from $73.51M to $84.19M.
What is the long-term trend for Veeva Systems's business segments — sales and marketing?
Over 2 years (2024 to 2026), Veeva Systems's business segments — sales and marketing has grown at a 7.8% compound annual growth rate (CAGR), from $276.51M to $321.06M.
What does business segments — sales and marketing mean?
This represents the expenses associated with acquiring new customers and promoting the segment's software solutions. It includes costs for sales personnel, advertising, and customer outreach programs. This metric is a key indicator of the company's investment in market penetration and growth.