VEEVA SYSTEMS INC
VEEVAPI behind this page
VEEV Q1 2027 request
Playground key active
/api/financials?ticker=VEEV&year=2027&quarter=1
Pick an endpoint and run the request.Income Statement
| Metric | Q1 2027 | Q1 2026 | YoY |
|---|---|---|---|
| Revenue | 882,948 | 759,043 | +16.3% |
Show Product Lines breakouts |
|||
| Commercial Solutions | 57,573 | 46,567 | +23.6% |
| Commercial Solutions | 337,866 | 305,411 | +10.6% |
| R&D and Quality Solutions | 95,200 | 77,708 | +22.5% |
| R&D and Quality Solutions | 392,309 | 329,357 | +19.1% |
| Subscription And Circulation | 730,175 | 634,768 | +15.0% |
| Technology Service | 152,773 | 124,275 | +22.9% |
Show Business Segments breakouts |
|||
| Reportable Segment | 882,948 | 759,043 | +16.3% |
Show Geography breakouts |
|||
| Asia Pacific | 72,877 | 65,370 | +11.5% |
| Europe | 265,670 | 217,103 | +22.4% |
| North America | 526,167 | 459,467 | +14.5% |
| Other international | 18,234 | 17,103 | +6.6% |
| Cost of Revenue | 220,924 | 173,824 | +27.1% |
Show Product Lines breakouts |
|||
| Subscription And Circulation | 99,103 | 78,346 | +26.5% |
| Subscription And Circulation · Reportable Segment | 96,668 | 75,619 | +27.8% |
| Technology Service | 121,821 | 95,478 | +27.6% |
| Technology Service · Reportable Segment | 107,670 | 82,575 | +30.4% |
| Gross Profit | 662,024 | 585,219 | +13.1% |
| Research & Development | 208,323 | 184,033 | +13.2% |
Show Business Segments breakouts |
|||
| Reportable Segment | 156,760 | 136,084 | +15.2% |
| Sales & Marketing | 111,117 | 98,628 | +12.7% |
Show Business Segments breakouts |
|||
| Reportable Segment | 84,192 | 73,512 | +14.5% |
| General & Administrative | 69,472 | 68,826 | +0.9% |
Show Business Segments breakouts |
|||
| Reportable Segment | 42,282 | 41,370 | +2.2% |
| Operating Expenses | 388,912 | 351,487 | +10.6% |
| Operating Income | 273,112 | 233,732 | +16.8% |
| Other Non-Operating Income (Expense) | 74,418 | 65,089 | +14.3% |
Show Business Segments breakouts |
|||
| Reportable Segment | 74,418 | 65,089 | +14.3% |
| Income Before Taxes | 347,530 | 298,821 | +16.3% |
| Income Tax Expense (Benefit) | 86,594 | 70,631 | +22.6% |
Show Business Segments breakouts |
|||
| Reportable Segment | 86,594 | 70,631 | +22.6% |
| Comprehensive Income | 232,984 | 245,519 | -5.1% |
| Other Comprehensive Income | -27,952 | 17,329 | -261.3% |
Show Equity Components breakouts |
|||
| Accumulated Other Comprehensive Income | -27,952 | 17,329 | -261.3% |
| EPS (Basic) | 1.6 | 1.4 | +14.3% |
| EPS (Diluted) | 1.57 | 1.37 | +14.6% |
| Wtd Avg Shares (Basic) | 163,345 | 162,749 | +0.4% |
| Wtd Avg Shares (Diluted) | 165,989 | 166,229 | -0.1% |
| Net Income Loss Available To Common Stockholders Basic | 260,936 | 228,190 | +14.4% |
Balance Sheet
| Metric | Q1 2027 | Q1 2026 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 1,896,580 | 1,964,982 | -3.5% |
| Available For Sale Securities Debt Securities Current | 5,416,139 | 4,103,435 | +32.0% |
Show Fair Value Hierarchy breakouts |
|||
| Fair Value Inputs Level2 · Asset Backed Securities | 205,966 | — | — |
| Fair Value Inputs Level2 · Certificates Of Deposit | 27,669 | — | — |
| Fair Value Inputs Level2 · Commercial Paper | 44,753 | — | — |
| Fair Value Inputs Level2 · Corporate Debt Securities | 3,289,706 | — | — |
| Fair Value Inputs Level2 · Derivative Financial Instruments Assets | 59 | — | — |
| Fair Value Inputs Level2 · Foreign Government Debt Securities | 219,696 | — | — |
| Fair Value Inputs Level2 · Municipal Bonds | 41,456 | — | — |
| Fair Value Inputs Level2 · US Government Agencies Debt Securities | 1,488 | — | — |
| Fair Value Inputs Level2 · US Treasury Securities | 1,585,405 | — | — |
Show Financial Instrument breakouts |
|||
| Asset Backed Securities | 205,966 | 468,584 | -56.0% |
| Certificates Of Deposit | 27,669 | 20,103 | +37.6% |
| Commercial Paper | 44,753 | 41,044 | +9.0% |
| Corporate Debt Securities | 3,289,706 | 2,394,522 | +37.4% |
| Derivative Financial Instruments Assets | 59 | — | — |
| Foreign Government Debt Securities | 219,696 | 221,559 | -0.8% |
| Municipal Bonds | 41,456 | 62,936 | -34.1% |
| US Government Agencies Debt Securities | 1,488 | 24,833 | -94.0% |
| US Treasury Securities | 1,585,405 | 869,854 | +82.3% |
| Accounts Receivable | 568,020 | 492,845 | +15.3% |
| Unbilled Receivables Current | 59,752 | 48,433 | +23.4% |
Show Product Lines breakouts |
|||
| Subscription And Circulation | 15 | 8 | +87.5% |
| Technology Service | 45 | 40 | +12.5% |
| Prepaid Expenses & Other Current Assets | 122,770 | 97,839 | +25.5% |
| Total Current Assets | 8,063,261 | 6,707,534 | +20.2% |
| Non-Current Assets | |||
| Property, Plant & Equipment | 73,484 | 58,509 | +25.6% |
Show Geography breakouts |
|||
| Asia Pacific | 4,116 | 3,201 | +28.6% |
| Europe | 10,299 | 7,122 | +44.6% |
| North America | 54,680 | 47,604 | +14.9% |
| Other international | 4,389 | — | — |
| Operating Lease Right-of-Use Assets | 82,060 | 63,716 | +28.8% |
| Goodwill | 488,161 | — | — |
| Intangible Assets | 55,508 | 40,519 | +37.0% |
Show Finite Lived Intangible Assets By Major Class breakouts |
|||
| Customer Relationships | 38,204 | 37,138 | +2.9% |
| Existing technology | 15,548 | 2,671 | +482.1% |
| Other Intangible Assets | 237 | 710 | -66.6% |
| Trademarks And Trade Names | 1,519 | — | — |
| Deferred Tax Assets | 272,665 | 366,241 | -25.6% |
| Other Non-Current Assets | 65,733 | 62,286 | +5.5% |
| Total Assets | 9,129,558 | 7,765,077 | +17.6% |
| Other Assets | |||
| Deferred Costs | 28,686 | 26,395 | +8.7% |
| Current Liabilities | |||
| Accounts Payable | 40,657 | 37,416 | +8.7% |
| Employee Related Liabilities Current | 52,572 | 39,077 | +34.5% |
| Accrued Liabilities And Other Liabilities | 50,974 | 31,850 | +60.0% |
| Accrued Income Taxes Current | 67,897 | 91,369 | -25.7% |
| Deferred Revenue (Current) | 1,476,539 | 1,246,235 | +18.5% |
| Operating Lease Liability Current | 13,131 | 10,666 | +23.1% |
| Total Current Liabilities | 1,701,770 | 1,456,613 | +16.8% |
| Non-Current Liabilities | |||
| Deferred Tax Liabilities | 1,148 | 526 | +118.3% |
| Operating Lease Liabilities | 89,936 | 66,565 | +35.1% |
| Other Non-Current Liabilities | 32,350 | 30,275 | +6.9% |
| Total Liabilities | 1,825,204 | 1,553,979 | +17.5% |
| Stockholders' Equity | |||
| Common Stock | 2 | 2 | 0.0% |
| Additional Paid In Capital Common Stock | 2,699,707 | 2,519,398 | +7.2% |
| Accumulated Other Comprehensive Income | -19,792 | 8,913 | -322.1% |
| Retained Earnings | 4,624,437 | 3,682,785 | +25.6% |
| Total Stockholders' Equity | 7,304,354 | 6,211,098 | +17.6% |
Show Equity Components breakouts |
|||
| Accumulated Other Comprehensive Income | -19,792 | 8,913 | -322.1% |
| Additional Paid In Capital | 2,699,707 | 2,519,398 | +7.2% |
| Common Stock | 2 | 2 | 0.0% |
| Retained Earnings | 4,624,437 | 3,682,785 | +25.6% |
| Total Liabilities & Equity | 9,129,558 | 7,765,077 | +17.6% |
Cash Flow Statement
| Metric | YTD Q1 2027 | YTD Q1 2026 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Net Income | 260,936 | 228,190 | +14.4% |
Show Business Segments breakouts |
|||
| Reportable Segment | 260,936 | 228,190 | +14.4% |
Show Equity Components breakouts |
|||
| Retained Earnings | 260,936 | 228,190 | +14.4% |
| Other Depreciation And Amortization | 11,587 | 9,822 | +18.0% |
| Operating Lease Right Of Use Asset Amortization Expense | 3,279 | 3,265 | +0.4% |
| Accretion Amortization Of Discounts And Premiums Investments | -1,788 | -2,509 | +28.7% |
| Stock-Based Compensation | 119,259 | 112,210 | +6.3% |
| Amortization Of Deferred Costs Excluding Right Of Use Assets | 4,900 | 4,043 | +21.2% |
| Deferred Income Taxes | 14,337 | -27,418 | +152.3% |
| Other Operating Activities Cash Flow Statement | -1,777 | 4,327 | -141.1% |
| Change in Accounts Receivable | 696,614 | 522,686 | +33.3% |
| Increase Decrease In Unbilled Accounts Receivable | -9,143 | -7,672 | -19.2% |
| Increase Decrease In Deferred Charges | -3,625 | -4,055 | +10.6% |
| Change in Prepaid & Other Assets | -7,984 | -4,501 | -77.4% |
| Change in Accounts Payable | 4,473 | 7,743 | -42.2% |
| Increase Decrease In Accrued Liabilities | 8,923 | -8,720 | +202.3% |
| Increase Decrease In Accrued Income Taxes Payable | 61,199 | 82,345 | -25.7% |
| Increase Decrease In Deferred Revenue | -32,963 | -41,361 | +20.3% |
| Increase Decrease In Operating Lease Liability | -2,460 | -2,543 | +3.3% |
| Change in Other Liabilities | 1,349 | 1,306 | +3.3% |
| Net Cash from Operations | 1,127,116 | 877,158 | +28.5% |
| Investing Activities | |||
| Purchases of Investments | -982,315 | -667,100 | -47.3% |
| Proceeds From Sale And Maturity Of Available For Sale Securities | 670,835 | 620,903 | +8.0% |
| Payments For Software | -1,751 | -5,910 | +70.4% |
| Payments To Acquire Businesses Net Of Cash Acquired | -75,480 | — | — |
| Net Cash from Investing | -388,711 | -52,107 | -646.0% |
| Financing Activities | |||
| Proceeds From Stock Options Exercised | 2,939 | 40,605 | -92.8% |
| Share Repurchases | -226,947 | — | — |
| Tax Withholding for Share Compensation | -38,518 | -20,225 | -90.4% |
| Net Cash from Financing | -262,526 | 20,380 | -1388.2% |
| Supplemental | |||
| Income Taxes Paid | 7,203 | 13,850 | -48.0% |
| Excess Tax Benefit From Employee Stock Plans | -4,092 | 2,579 | -258.7% |
| Other Cash Flow | |||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | -532 | 766 | -169.5% |
| Net Change in Cash | 475,347 | 846,197 | -43.8% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 1,898,759 | 1,967,160 | -3.5% |
| Restricted Cash And Cash Equivalents | 2,179 | 2,178 | 0.0% |
Values in thousands USD. Source: SEC EDGAR 10-Q filing.