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

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

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.