# Veeva Systems Inc. (VEEV) FY2025 Annual P&L / Income Statement

- Company: Veeva Systems Inc. (VEEV)
- Period: 2024-02-01 to 2025-01-31
- Filing: FY2025 10-K, filed 2025-03-24, accession number 0001393052-25-000022
- Page: https://plicit.ai/financials/veev/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/veev-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service (4 categories)

Income statement for 2024-02-01 through 2025-01-31. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 2,746,619,000 US dollars
- **Total cost of revenues**: 699,636,000 US dollars
- **Gross profit**: 2,046,983,000 US dollars
- **Total operating expenses**: 1,355,548,000 US dollars
- **Operating income**: 691,435,000 US dollars
- **Other income (expense), net (calculated)**: 227,946,000 US dollars
- **Income before income taxes**: 919,381,000 US dollars
- **Income tax provision**: 205,243,000 US dollars
- **Net income**: 714,138,000 US dollars
- **Commercial Solutions**: 1,104,888,000 US dollars
- **R&D Solutions**: 1,179,771,000 US dollars
- **Commercial Solutions**: 185,302,000 US dollars
- **R&D Solutions**: 276,658,000 US dollars
- **Research and development**: 693,078,000 US dollars
- **Sales and marketing**: 396,726,000 US dollars
- **General and administrative**: 265,744,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Product and Service (2 categories)

- Page: https://plicit.ai/financials/veev/fy2025-annual-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/veev-fy2025-annual-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2024-02-01 through 2025-01-31. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

- **Total revenues**: 2,746,619,000 US dollars
- **Total cost of revenues**: 699,636,000 US dollars
- **Gross profit**: 2,046,983,000 US dollars
- **Total operating expenses**: 1,355,548,000 US dollars
- **Operating income**: 691,435,000 US dollars
- **Other income (expense), net (calculated)**: 227,946,000 US dollars
- **Income before income taxes**: 919,381,000 US dollars
- **Income tax provision**: 205,243,000 US dollars
- **Net income**: 714,138,000 US dollars
- **Subscription services revenue**: 2,284,659,000 US dollars
- **Professional services and other revenue**: 461,960,000 US dollars
- **Subscription services cost of revenue**: 323,070,000 US dollars
- **Professional services and other cost of revenue**: 376,566,000 US dollars
- **Research and development**: 693,078,000 US dollars
- **Sales and marketing**: 396,726,000 US dollars
- **General and administrative**: 265,744,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/veev/fy2025-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/veev-fy2025-annual-revenue-by-geography-sankey.png

Income statement for 2024-02-01 through 2025-01-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 2,746,619,000 US dollars
- **Total cost of revenues**: 699,636,000 US dollars
- **Gross profit**: 2,046,983,000 US dollars
- **Total operating expenses**: 1,355,548,000 US dollars
- **Operating income**: 691,435,000 US dollars
- **Other income (expense), net (calculated)**: 227,946,000 US dollars
- **Income before income taxes**: 919,381,000 US dollars
- **Income tax provision**: 205,243,000 US dollars
- **Net income**: 714,138,000 US dollars
- **North America**: 1,621,697,000 US dollars
- **Europe**: 790,777,000 US dollars
- **Asia Pacific**: 265,735,000 US dollars
- **Middle East, Africa, and Latin America**: 68,410,000 US dollars
- **Research and development**: 693,078,000 US dollars
- **Sales and marketing**: 396,726,000 US dollars
- **General and administrative**: 265,744,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.