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

- Company: Veeva Systems Inc. (VEEV)
- Period: 2024-02-01 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-ytd-q3-income-statement
- Chart image: https://plicit.ai/charts/veev-fy2025-ytd-q3-income-statement-sankey.png

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

Income statement for 2024-02-01 through 2024-10-31. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 2,025,733,000 US dollars
- **Total cost of revenues**: 518,645,000 US dollars
- **Gross profit**: 1,507,088,000 US dollars
- **Total operating expenses**: 1,004,076,000 US dollars
- **Operating income**: 503,012,000 US dollars
- **Other income (expense), net (calculated)**: 171,239,000 US dollars
- **Income before income taxes**: 674,251,000 US dollars
- **Income tax provision**: 155,738,000 US dollars
- **Net income**: 518,513,000 US dollars
- **Commercial Solutions**: 811,503,000 US dollars
- **R&D Solutions**: 864,579,000 US dollars
- **Commercial Solutions**: 139,695,000 US dollars
- **R&D Solutions**: 209,956,000 US dollars
- **Research and development**: 511,551,000 US dollars
- **Sales and marketing**: 297,524,000 US dollars
- **General and administrative**: 195,001,000 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-ytd-q3-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/veev-fy2025-ytd-q3-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2024-02-01 through 2024-10-31. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

- **Total revenues**: 2,025,733,000 US dollars
- **Total cost of revenues**: 518,645,000 US dollars
- **Gross profit**: 1,507,088,000 US dollars
- **Total operating expenses**: 1,004,076,000 US dollars
- **Operating income**: 503,012,000 US dollars
- **Other income (expense), net (calculated)**: 171,239,000 US dollars
- **Income before income taxes**: 674,251,000 US dollars
- **Income tax provision**: 155,738,000 US dollars
- **Net income**: 518,513,000 US dollars
- **Subscription services revenue**: 1,676,082,000 US dollars
- **Professional services and other revenue**: 349,651,000 US dollars
- **Subscription services cost of revenue**: 239,577,000 US dollars
- **Professional services and other cost of revenue**: 279,068,000 US dollars
- **Research and development**: 511,551,000 US dollars
- **Sales and marketing**: 297,524,000 US dollars
- **General and administrative**: 195,001,000 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-ytd-q3-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/veev-fy2025-ytd-q3-revenue-by-geography-sankey.png

Income statement for 2024-02-01 through 2024-10-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 2,025,733,000 US dollars
- **Total cost of revenues**: 518,645,000 US dollars
- **Gross profit**: 1,507,088,000 US dollars
- **Total operating expenses**: 1,004,076,000 US dollars
- **Operating income**: 503,012,000 US dollars
- **Other income (expense), net (calculated)**: 171,239,000 US dollars
- **Income before income taxes**: 674,251,000 US dollars
- **Income tax provision**: 155,738,000 US dollars
- **Net income**: 518,513,000 US dollars
- **North America**: 1,192,044,000 US dollars
- **Europe**: 586,897,000 US dollars
- **Asia Pacific**: 195,974,000 US dollars
- **Middle East, Africa, and Latin America**: 50,818,000 US dollars
- **Research and development**: 511,551,000 US dollars
- **Sales and marketing**: 297,524,000 US dollars
- **General and administrative**: 195,001,000 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.