Veeva Systems VEEV Subscription — Total cost of revenues

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FAQ

What is Veeva Systems's subscription — total cost of revenues?

Veeva Systems (VEEV) reported subscription — total cost of revenues of $99.1M in Q1 2026.

How has Veeva Systems's subscription — total cost of revenues changed year-over-year?

Veeva Systems's subscription — total cost of revenues increased by 26.5% year-over-year, from $78.35M to $99.1M.

What is the long-term trend for Veeva Systems's subscription — total cost of revenues?

Over 4 years (2022 to 2026), Veeva Systems's subscription — total cost of revenues has grown at a 12.7% compound annual growth rate (CAGR), from $224.91M to $362.89M.

What does subscription — total cost of revenues mean?

This metric captures the direct costs associated with delivering subscription software services, including cloud infrastructure hosting fees, customer support personnel, and data center expenses. It is a key indicator of the operational efficiency of the software delivery model. Monitoring this helps assess the scalability of the platform as the company grows its user base.