# Veeva Systems Inc. (VEEV) FY2025 Q3 P&L / Income Statement

- Company: Veeva Systems Inc. (VEEV)
- Period: 2024-08-01 to 2024-10-31
- Filing: Q3 FY2025 10-Q, filed 2024-12-09, accession number 0001393052-24-000075
- Page: https://plicit.ai/financials/veev/fy2025-q3-income-statement
- Chart image: https://plicit.ai/charts/veev-fy2025-q3-income-statement-sankey.png

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

Income statement for 2024-08-01 through 2024-10-31. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 699,207,000 US dollars
- **Total cost of revenues**: 174,389,000 US dollars
- **Gross profit**: 524,818,000 US dollars
- **Total operating expenses**: 343,465,000 US dollars
- **Operating income**: 181,353,000 US dollars
- **Other income (expense), net (calculated)**: 60,937,000 US dollars
- **Income before income taxes**: 242,290,000 US dollars
- **Income tax provision**: 56,482,000 US dollars
- **Net income**: 185,808,000 US dollars
- **Commercial Solutions**: 278,377,000 US dollars
- **R&D Solutions**: 302,473,000 US dollars
- **Commercial Solutions**: 45,855,000 US dollars
- **R&D Solutions**: 72,502,000 US dollars
- **Research and development**: 172,411,000 US dollars
- **Sales and marketing**: 98,695,000 US dollars
- **General and administrative**: 72,359,000 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-q3-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/veev-fy2025-q3-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2024-08-01 through 2024-10-31. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

- **Total revenues**: 699,207,000 US dollars
- **Total cost of revenues**: 174,389,000 US dollars
- **Gross profit**: 524,818,000 US dollars
- **Total operating expenses**: 343,465,000 US dollars
- **Operating income**: 181,353,000 US dollars
- **Other income (expense), net (calculated)**: 60,937,000 US dollars
- **Income before income taxes**: 242,290,000 US dollars
- **Income tax provision**: 56,482,000 US dollars
- **Net income**: 185,808,000 US dollars
- **Subscription services revenue**: 580,850,000 US dollars
- **Professional services and other revenue**: 118,357,000 US dollars
- **Subscription services cost of revenue**: 82,638,000 US dollars
- **Professional services and other cost of revenue**: 91,751,000 US dollars
- **Research and development**: 172,411,000 US dollars
- **Sales and marketing**: 98,695,000 US dollars
- **General and administrative**: 72,359,000 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-q3-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/veev-fy2025-q3-revenue-by-geography-sankey.png

Income statement for 2024-08-01 through 2024-10-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 699,207,000 US dollars
- **Total cost of revenues**: 174,389,000 US dollars
- **Gross profit**: 524,818,000 US dollars
- **Total operating expenses**: 343,465,000 US dollars
- **Operating income**: 181,353,000 US dollars
- **Other income (expense), net (calculated)**: 60,937,000 US dollars
- **Income before income taxes**: 242,290,000 US dollars
- **Income tax provision**: 56,482,000 US dollars
- **Net income**: 185,808,000 US dollars
- **North America**: 414,474,000 US dollars
- **Europe**: 198,667,000 US dollars
- **Asia Pacific**: 68,655,000 US dollars
- **Middle East, Africa, and Latin America**: 17,411,000 US dollars
- **Research and development**: 172,411,000 US dollars
- **Sales and marketing**: 98,695,000 US dollars
- **General and administrative**: 72,359,000 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.