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

- Company: Veeva Systems Inc. (VEEV)
- Period: 2025-02-01 to 2025-04-30
- Filing: Q1 FY2026 10-Q, filed 2025-06-02, accession number 0001393052-25-000042
- Page: https://plicit.ai/financials/veev/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/veev-fy2026-q1-income-statement-sankey.png

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

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.

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

- Page: https://plicit.ai/financials/veev/fy2026-q1-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/veev-fy2026-q1-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2025-02-01 through 2025-04-30. View: Product and service (2 categories). Revenue and costs use their disclosed 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
- **Subscription services revenue**: 634,768,000 US dollars
- **Professional services and other revenue**: 124,275,000 US dollars
- **Subscription services cost of revenue**: 78,346,000 US dollars
- **Professional services and other cost of revenue**: 95,478,000 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.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/veev/fy2026-q1-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/veev-fy2026-q1-revenue-by-geography-sankey.png

Income statement for 2025-02-01 through 2025-04-30. View: Geography. 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
- **North America**: 459,467,000 US dollars
- **Europe**: 217,103,000 US dollars
- **Asia Pacific**: 65,370,000 US dollars
- **Middle East, Africa, and Latin America**: 17,103,000 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.