← VEEVA SYSTEMS INC
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Revenue | $544.0m | $685.6m | $862.2m | $1.1b | $1.5b | $1.9b | $2.2b | $2.4b | $2.7b | $3.2b | |
| Total Revenue | $544.0m | $685.6m | $862.2m | $1.1b | $1.5b | $1.9b | $2.2b | $2.4b | $2.7b | $3.2b | |
| Cost of Revenue | $173.7m | $211.4m | $245.3m | $303.4m | $408.9m | $1.3b | $609.4m | $677.3m | $699.6m | $782.0m | |
| Gross Profit | $370.4m | $474.1m | $616.9m | $800.7m | $1.1b | $1.3b | $1.5b | $1.7b | $2.0b | $2.4b | |
| Operating Expenses | $262.4m | $323.3m | $394.1m | $514.5m | $678.3m | — | $1.1b | $1.3b | $1.4b | $1.5b | |
| EBIT | $108.0m | $150.8m | $222.9m | $286.2m | $377.8m | $505.5m | $459.1m | $429.3m | $691.4m | $916.4m | |
| Operating Income | $108.0m | $150.8m | $222.9m | $286.2m | $377.8m | $505.5m | $459.1m | $429.3m | $691.4m | $916.4m | |
| Operating Income (Loss) | $108.0m | $150.8m | $222.9m | $286.2m | $377.8m | $505.5m | $459.1m | $429.3m | $691.4m | $916.4m | |
| Total Operating Income As Reported | $108.0m | $150.8m | $222.9m | $286.2m | $377.8m | $505.5m | $459.1m | $429.3m | $691.4m | $916.4m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $8.2m | $7.8m | $7.0m | $10.1m | $20.0m | — | $19.0m | $19.0m | $19.0m | $14.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | ($265k) | $177k | $120k | $365k | $3.1m | ($971k) | $222k | $1.9m | $786k | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | ($2.1m) | ($2.9m) | ($453k) | ($3.1m) | ($4.3m) | ($1.5m) | ($1.9m) | ($9.0m) | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | — | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $98.0m | $133.0m | $222.7m | $305.3m | $378.0m | — | $482.9m | $546.8m | $890.1m | $1.1b | |
| Realized Investment Gains (Losses) | ($1.0m) | $1.2m | ($2.1m) | ($708k) | $2.3m | — | $591k | $124k | ($3.3m) | $1.5m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $109.6m | $158.6m | $238.6m | $313.7m | $394.0m | — | $509.1m | $588.0m | $919.4m | $1.2b | |
| Net Income Common Stockholders | $68.8m | $142.0m | $229.8m | $301.1m | $380.0m | $427.4m | $487.7m | $525.7m | $714.1m | $908.9m | |
| Net Income | $68.8m | $142.0m | $229.8m | $301.1m | $380.0m | $427.4m | $487.7m | $525.7m | $714.1m | $908.9m | |
| Net Income (Loss) Attributable to Parent | $68.8m | $142.0m | $229.8m | $301.1m | $380.0m | $427.4m | $487.7m | $525.7m | $714.1m | $908.9m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $68.8m | $142.0m | $229.8m | $301.1m | $380.0m | $427.4m | $487.7m | $525.7m | $714.1m | $908.9m | |
| Earnings Per Share, Basic | $0.51 | $1.01 | $1.59 | $2.04 | $2.52 | $2.79 | $3.14 | $3.27 | $4.41 | $5.55 | |
| Earnings Per Share, Diluted | $0.47 | $0.92 | $1.47 | $1.90 | $2.36 | $2.63 | $3.00 | $3.22 | $4.32 | $5.44 | |
| Weighted Average Number of Shares Outstanding, Basic | 135.7m | 140.3m | 144.2m | 147.8m | 150.7m | — | 155.4m | 160.5m | 161.9m | 163.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | 147.6m | 153.7m | 156.1m | 158.3m | 160.7m | — | 162.4m | 163.5m | 165.2m | 167.0m | |
| Research and Development Expense | $96.8m | $132.1m | $158.8m | $209.9m | $294.2m | — | $520.3m | $629.0m | $693.1m | $767.4m | |
| Selling and Marketing Expense | $116.8m | $130.9m | $148.9m | $190.3m | $235.0m | — | $348.7m | $381.5m | $396.7m | $428.8m | |
| General and Administrative Expense | $48.8m | $60.4m | $86.4m | $114.3m | $149.1m | — | $217.6m | $246.5m | $265.7m | $300.7m | |
| Other Nonoperating Income (Expense) | $1.7m | $7.8m | $15.8m | $27.5m | $16.2m | — | $50.0m | $158.7m | $227.9m | $278.1m | |
| Current Income Tax Expense (Benefit) | $45.9m | $13.5m | $17.0m | $19.2m | $14.7m | — | $148.9m | $167.7m | $317.5m | $220.5m | |
| Operating Lease, Expense | — | — | — | $7.9m | $13.0m | — | $16.0m | $16.0m | $14.0m | $17.0m | |
| Income Tax Expense (Benefit) | $40.8m | $16.7m | $8.8m | $12.6m | $14.0m | — | $21.4m | $62.3m | $205.2m | $285.6m | |
| Interest Income (Expense), Nonoperating, Net | $4.5m | $8.4m | $15.4m | $25.2m | $15.9m | — | $45.9m | $133.7m | $208.0m | $267.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.