Veeva Systems Inc (VEEV) stock
VEEVNYSEServices-Prepackaged SoftwareFiscal year ends January 31
Financials through Q2 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Aug 27, 2026Score 18/3021% above fair value
$302.42−2.35 (-0.77%)
Close on Nov 12, 2026Market cap $48.96BP/E 49.4Yield –
Veeva Systems operating margin
Operating margin is operating income as a percentage of revenue.
Veeva Systems's operating margin for the twelve months ending Jul 31, 2026 was 29.9%. For fiscal 2026 it was 28.7%, against 25.2% the year before. The highest annual figure on record is 28.7% in fiscal 2026.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Jan 31, 2026 | 28.7% | +3.5 |
| FY2025 | Jan 31, 2025 | 25.2% | +7.0 |
| FY2024 | Jan 31, 2024 | 18.2% | −3.1 |
| FY2023 | Jan 31, 2023 | 21.3% | −6.0 |
| FY2022 | Jan 31, 2022 | 27.3% | +1.5 |
| FY2021 | Jan 31, 2021 | 25.8% | −0.1 |
| FY2020 | Jan 31, 2020 | 25.9% | +0.1 |
| FY2019 | Jan 31, 2019 | 25.8% | +3.0 |
| FY2018 | Jan 31, 2018 | 22.9% | +0.9 |
| FY2017 | Jan 31, 2017 | 21.9% | +2.7 |
| FY2016 | Jan 31, 2016 | 19.2% | −3.1 |
| FY2015 | Jan 31, 2015 | 22.3% | +3.6 |
| FY2014 | Jan 31, 2014 | 18.7% | −4.5 |
| FY2013 | Jan 31, 2013 | 23.2% | +12.3 |
| FY2012 | Jan 31, 2012 | 10.8% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2027CQ2 2026 | Jul 31, 2026 | 29.6% | +4.8 |
| Q1 FY2027CQ1 2026 | Apr 30, 2026 | 30.9% | +0.1 |
| Q4 FY2026CQ4 2025 | Jan 31, 2026 | 29.4% | +3.3 |
| Q3 FY2026CQ3 2025 | Oct 31, 2025 | 29.7% | +3.8 |
| Q2 FY2026CQ2 2025 | Jul 31, 2025 | 24.8% | +0.2 |
| Q1 FY2026CQ1 2025 | Apr 30, 2025 | 30.8% | +6.9 |
| Q4 FY2025CQ4 2024 | Jan 31, 2025 | 26.1% | +4.7 |
| Q3 FY2025CQ3 2024 | Oct 31, 2024 | 25.9% | +5.1 |
| Q2 FY2025CQ2 2024 | Jul 31, 2024 | 24.6% | +7.0 |
| Q1 FY2025CQ1 2024 | Apr 30, 2024 | 23.9% | +12.2 |
| Q4 FY2024CQ4 2023 | Jan 31, 2024 | 21.4% | +2.1 |
| Q3 FY2024CQ3 2023 | Oct 31, 2023 | 20.8% | −1.1 |
| Q2 FY2024CQ2 2023 | Jul 31, 2023 | 17.6% | −1.3 |
| Q1 FY2024CQ1 2023 | Apr 30, 2023 | 11.7% | −13.6 |
| Q4 FY2023CQ4 2022 | Jan 31, 2023 | 19.3% | −5.3 |
| Q3 FY2023CQ3 2022 | Oct 31, 2022 | 22.0% | −5.9 |
| Q2 FY2023CQ2 2022 | Jul 31, 2022 | 18.9% | −8.4 |
| Q1 FY2023CQ1 2022 | Apr 30, 2022 | 25.3% | −4.3 |
| Q4 FY2022CQ4 2021 | Jan 31, 2022 | 24.7% | −0.3 |
| Q3 FY2022CQ3 2021 | Oct 31, 2021 | 27.9% | +1.0 |
| Q2 FY2022CQ2 2021 | Jul 31, 2021 | 27.4% | +1.9 |
| Q1 FY2022CQ1 2021 | Apr 30, 2021 | 29.6% | +3.6 |
| Q4 FY2021CQ4 2020 | Jan 31, 2021 | 24.9% | +5.5 |
| Q3 FY2021CQ3 2020 | Oct 31, 2020 | 26.8% | −1.9 |
| Q2 FY2021CQ2 2020 | Jul 31, 2020 | 25.5% | −2.2 |
| Q1 FY2021CQ1 2020 | Apr 30, 2020 | 26.0% | −3.1 |
| Q4 FY2020CQ4 2019 | Jan 31, 2020 | 19.4% | −7.7 |
| Q3 FY2020CQ3 2019 | Oct 31, 2019 | 28.8% | +0.7 |
| Q2 FY2020CQ2 2019 | Jul 31, 2019 | 27.7% | +2.5 |
| Q1 FY2020CQ1 2019 | Apr 30, 2019 | 29.1% | +6.6 |
| Q4 FY2019CQ4 2018 | Jan 31, 2019 | 27.1% | +6.4 |
| Q3 FY2019CQ3 2018 | Oct 31, 2018 | 28.1% | +4.1 |
| Q2 FY2019CQ2 2018 | Jul 31, 2018 | 25.2% | +2.5 |
| Q1 FY2019CQ1 2018 | Apr 30, 2018 | 22.5% | −1.8 |
| Q4 FY2018CQ4 2017 | Jan 31, 2018 | 20.7% | −1.0 |
| Q3 FY2018CQ3 2017 | Oct 31, 2017 | 24.0% | +0.3 |
| Q2 FY2018CQ2 2017 | Jul 31, 2017 | 22.7% | – |
| Q1 FY2018CQ1 2017 | Apr 30, 2017 | 24.3% | – |
| Q4 FY2017CQ4 2016 | Jan 31, 2017 | 21.7% | – |
| Q3 FY2017CQ3 2016 | Oct 31, 2016 | 23.7% | – |
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