Veeva Systems Inc. (VEEV) FY2026 Q1 P&L / Income Statement

Veeva Systems Inc. (VEEV) FY2026 Q1 P&L / Income Statement

Income statement for 2025-02-01 through 2025-04-30. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

759,043,000 US dollars

Total cost of revenues

173,824,000 US dollars

Gross profit

585,219,000 US dollars

Total operating expenses

351,487,000 US dollars

Operating income

233,732,000 US dollars

Other income (expense), net (calculated)

65,089,000 US dollars

Income before income taxes

298,821,000 US dollars

Income tax provision

70,631,000 US dollars

Net income

228,190,000 US dollars

Commercial Solutions

305,411,000 US dollars

R&D Solutions

329,357,000 US dollars

Commercial Solutions

46,567,000 US dollars

R&D Solutions

77,708,000 US dollars

Research and development

184,033,000 US dollars

Sales and marketing

98,628,000 US dollars

General and administrative

68,826,000 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.