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Veeva Systems VEEV Commercial Solutions — Total revenues

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 commercial solutions — total revenues?
Veeva Systems (VEEV) reported commercial solutions — total revenues of $57.57M in Q1 2026.
How has Veeva Systems's commercial solutions — total revenues changed year-over-year?
Veeva Systems's commercial solutions — total revenues increased by 23.6% year-over-year, from $46.57M to $57.57M.
What is the long-term trend for Veeva Systems's commercial solutions — total revenues?
Over 4 years (2022 to 2026), Veeva Systems's commercial solutions — total revenues has grown at a 3.5% compound annual growth rate (CAGR), from $165.09M to $189.31M.
What does commercial solutions — total revenues mean?
This metric represents the total revenue generated from the Veeva Commercial Cloud segment, which includes subscription services and related professional services for life sciences commercial operations. It captures the financial performance of the company's core software suite designed to manage customer relationships, multichannel engagement, and data analytics for pharmaceutical and biotechnology sales and marketing teams. This revenue stream is a primary indicator of the company's market penetration and adoption within the life sciences commercial software sector.