Q1 2020 Earnings

Revenue

$245M+25.2% YoY

Gross Profit

$179M73.2% margin

Operating Income

$71M29.1% margin

Net Income

$73M30.0% margin

EPS (Diluted)

$0.47

QoQ Revenue Growth

+5.3%

Operating Cash Flow

$236M

Free Cash Flow

$235M

Stock-Based Comp.

Total Assets

$1.8B

Total Liabilities

$441M

Stockholders' Equity

$1.3B

Cash & Equivalents

$748M

Metric	Current	Year Ago	Change
Revenue	$245M	$196M	+25.2%
Gross Profit	$179M	$135M	+32.4%
Operating Income	$71M	$44M	+61.9%
Net Income	$73M	$44M	+65.8%

Subscription Services Veeva Commercial Cloud

$106M43%

Subscription Services Veeva Research And Development

$92M38%

Professional Services Veeva Research And Development

$29M12%

Professional Services Veeva Commercial Cloud

$17M7%

North America

$132M54%

Europe

$78M32%

Asia Pacific

$34M14%