VEEVA SYSTEMS INC

VEEV · XNYS

CIK 1393052fmd_0VTY7AR88VGF89C8CTMMMAD8PMServices · Services-Prepackaged SoftwareTemplate: Standard

Coverage: Feb 01, 2011 to Jul 31, 2026, 59 periods

Income Statement · Annual · Millions · USD
Line item	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Total revenues	551	691	862	1,104	1,465	1,851	2,155	2,364	2,747	3,195
Cost of revenue	174	211	245	303	409	504	609	677	700	782
Gross profit	377	479	617	801	1,056	1,347	1,546	1,686	2,047	2,413
Realized investment gains (losses)	(1)	1	(2)	(1)	2	(1)	1	0	(3)	2
Research and development	97	132	159	210	294	382	520	629	693	767
Selling, general and administrative	159	189	235	305	384	460	566	628	662	730
Total operating expenses	256	321	394	514	678	842	1,087	1,257	1,356	1,497
Operating income	121	158	223	286	378	505	459	429	691	916
Other non-operating income (expense)	2	8	16	27	16	7	50	159	228	278
Income before taxes	122	166	239	314	394	512	509	588	919	1,195
Income tax expense	45	15	9	13	14	85	21	62	205	286
Net income from continuing operations	78	151	230	301	380	427	488	526	714	909
Net income	78	151	230	301	380	427	488	526	714	909
Net income to common shareholders	–	–	–	–	–	–	–	–	714	909