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

- Company: Veeva Systems Inc. (VEEV)
- Period: 2026-02-01 to 2026-04-30
- Filing: Q1 FY2027 10-Q, filed 2026-06-05, accession number 0001393052-26-000026
- Page: https://plicit.ai/financials/veev/fy2027-q1-income-statement
- Chart image: https://plicit.ai/charts/veev-fy2027-q1-income-statement-sankey.png

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

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.

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

- Page: https://plicit.ai/financials/veev/fy2027-q1-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/veev-fy2027-q1-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2026-02-01 through 2026-04-30. View: Product and service (2 categories). Revenue and costs use their disclosed 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
- **Subscription revenue**: 730,175,000 US dollars
- **Professional services and other revenue**: 152,773,000 US dollars
- **Subscription cost of revenue**: 99,103,000 US dollars
- **Professional services and other cost of revenue**: 121,821,000 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.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/veev/fy2027-q1-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/veev-fy2027-q1-revenue-by-geography-sankey.png

Income statement for 2026-02-01 through 2026-04-30. View: Geography. 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
- **North America**: 526,167,000 US dollars
- **Europe**: 265,670,000 US dollars
- **Asia Pacific**: 72,877,000 US dollars
- **Other international**: 18,234,000 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.