Veeva Systems Inc. (VEEV) FY2027 Q1 P&L / Income Statement

Revenue by Product and Service (4 categories)

2026-02-01 to 2026-04-30

Swipe to see the full flow
Veeva Systems Inc. (VEEV) FY2027 Q1 P&L / Income StatementIncome statement for 2026-02-01 through 2026-04-30. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETR&D and Quality SolutionsCommercial SolutionsR&D and Quality SolutionsCommercial SolutionsTotal revenuesGross profitTotal cost of revenuesOperating incomeTotal operating expensesResearch and developmentSales and marketingGeneral and administrativeOther income (expense), net (calculated)Income before income taxesNet incomeIncome tax provisionOther income (expense), net (calculated)Other income,net (calculated)$74.42 MIncome before income taxesPretax income$347.53 MTotal revenuesTotal revenues$882.95 MGross profitGross profit$662.02 MOperating incomeOperating income$273.11 MNet incomeNet income$260.94 MR&D and Quality SolutionsR&D and Quality Solutions$392.31 MTotal operating expensesTotal operatingexpenses$388.91 MIncome tax provisionIncome taxes$86.59 MResearch and developmentResearch and development$208.32 MCommercial SolutionsCommercial Solutions$337.87 MTotal cost of revenuesTotal cost of revenues$220.92 MSales and marketingSales and marketing$111.12 MR&D and Quality SolutionsR&D and Quality Solutions$95.20 MGeneral and administrativeGeneral and administrative$69.47 MCommercial SolutionsCommercial Solutions$57.57 M
Chart details

Veeva Systems Inc. (VEEV) FY2027 Q1 P&L / Income Statement

Income statement for 2026-02-01 through 2026-04-30. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues
882,948,000 US dollars
Total cost of revenues
220,924,000 US dollars
Gross profit
662,024,000 US dollars
Total operating expenses
388,912,000 US dollars
Operating income
273,112,000 US dollars
Other income (expense), net (calculated)
74,418,000 US dollars
Income before income taxes
347,530,000 US dollars
Income tax provision
86,594,000 US dollars
Net income
260,936,000 US dollars
Commercial Solutions
337,866,000 US dollars
R&D and Quality Solutions
392,309,000 US dollars
Commercial Solutions
57,573,000 US dollars
R&D and Quality Solutions
95,200,000 US dollars
Research and development
208,323,000 US dollars
Sales and marketing
111,117,000 US dollars
General and administrative
69,472,000 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.
Veeva Systems Inc. (VEEV) FY2027 Q1 P&L / Income Statement Sankey chart, Product and service (4 categories) view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

75.0%

Gross profit / revenue

Operating margin

30.9%

Operating profit / revenue

Cash conversion

432.0%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!