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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 17/3020% above fair value
$301.53−0.89 (-0.29%)

Close on Nov 13, 2026Market cap $48.82BP/E 49.3Yield –

Veeva Systems r&d expenses

Research and development expenses are spending on new products and technology.

Veeva Systems's R&D Expenses for the twelve months ending Jul 31, 2026 was $821.92M, up 12.5% year over year. For fiscal 2026 it was $767.39M, up 10.7% from the year before. Over ten years it grew 27.8% a year on average. The highest annual figure on record is $767.39M in fiscal 2026.

Annual r&d expenses

PeriodPeriod endValueChange
FY2026Jan 31, 2026$767.39M+10.7%
FY2025Jan 31, 2025$693.08M+10.2%
FY2024Jan 31, 2024$629.03M+20.9%
FY2023Jan 31, 2023$520.28M+36.2%
FY2022Jan 31, 2022$382.04M+29.8%
FY2021Jan 31, 2021$294.22M+40.2%
FY2020Jan 31, 2020$209.90M+32.2%
FY2019Jan 31, 2019$158.78M+20.3%
FY2018Jan 31, 2018$132.02M+36.5%
FY2017Jan 31, 2017$96.74M+46.6%
FY2016Jan 31, 2016$65.98M+60.3%
FY2015Jan 31, 2015$41.16M+56.3%
FY2014Jan 31, 2014$26.33M+79.9%
FY2013Jan 31, 2013$14.64M+88.9%
FY2012Jan 31, 2012$7.75M–

Quarterly r&d expenses

Change is against the same quarter a year earlier.

Periods
PeriodPeriod endValueChange
Q2 FY2027CQ2 2026Jul 31, 2026$222.92M+15.7%
Q1 FY2027CQ1 2026Apr 30, 2026$208.32M+13.2%
Q4 FY2026CQ4 2025Jan 31, 2026$198.79M+9.5%
Q3 FY2026CQ3 2025Oct 31, 2025$191.88M+11.3%
Q2 FY2026CQ2 2025Jul 31, 2025$192.68M+9.2%
Q1 FY2026CQ1 2025Apr 30, 2025$184.03M+13.1%
Q4 FY2025CQ4 2024Jan 31, 2025$181.53M+11.0%
Q3 FY2025CQ3 2024Oct 31, 2024$172.41M+6.9%
Q2 FY2025CQ2 2024Jul 31, 2024$176.43M+12.2%
Q1 FY2025CQ1 2024Apr 30, 2024$162.71M+10.7%
Q4 FY2024CQ4 2023Jan 31, 2024$163.57M+14.8%
Q3 FY2024CQ3 2023Oct 31, 2023$161.28M+23.8%
Q2 FY2024CQ2 2023Jul 31, 2023$157.23M+17.3%
Q1 FY2024CQ1 2023Apr 30, 2023$146.96M+29.5%
Q4 FY2023CQ4 2022Jan 31, 2023$142.54M+35.4%
Q3 FY2023CQ3 2022Oct 31, 2022$130.26M+32.1%
Q2 FY2023CQ2 2022Jul 31, 2022$134.01M+41.2%
Q1 FY2023CQ1 2022Apr 30, 2022$113.48M+36.3%
Q4 FY2022CQ4 2021Jan 31, 2022$105.28M+28.5%
Q3 FY2022CQ3 2021Oct 31, 2021$98.64M+23.3%
Q2 FY2022CQ2 2021Jul 31, 2021$94.90M+35.5%
Q1 FY2022CQ1 2021Apr 30, 2021$83.23M+33.7%
Q4 FY2021CQ4 2020Jan 31, 2021$81.94M+33.9%
Q3 FY2021CQ3 2020Oct 31, 2020$79.99M+52.1%
Q2 FY2021CQ2 2020Jul 31, 2020$70.05M+37.0%
Q1 FY2021CQ1 2020Apr 30, 2020$62.24M+38.4%
Q4 FY2020CQ4 2019Jan 31, 2020$61.20M+43.1%
Q3 FY2020CQ3 2019Oct 31, 2019$52.58M+31.4%
Q2 FY2020CQ2 2019Jul 31, 2019$51.15M+31.7%
Q1 FY2020CQ1 2019Apr 30, 2019$44.97M+20.9%
Q4 FY2019CQ4 2018Jan 31, 2019$42.76M+15.6%
Q3 FY2019CQ3 2018Oct 31, 2018$40.00M+17.5%
Q2 FY2019CQ2 2018Jul 31, 2018$38.83M+18.8%
Q1 FY2019CQ1 2018Apr 30, 2018$37.20M+31.4%
Q4 FY2018CQ4 2017Jan 31, 2018$36.99M+41.8%
Q3 FY2018CQ3 2017Oct 31, 2017$34.04M+36.1%
Q2 FY2018CQ2 2017Jul 31, 2017$32.68M–
Q1 FY2018CQ1 2017Apr 30, 2017$28.31M–
Q4 FY2017CQ4 2016Jan 31, 2017$26.10M–
Q3 FY2017CQ3 2016Oct 31, 2016$25.01M–

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