Q1 2021 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$337M+37.7% YoY

Gross Profit

$242M71.9% margin

Operating Income

$88M26.0% margin

Net Income

$87M25.7% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

+8.2%

Cash Flow

Operating Cash Flow

$282M

Free Cash Flow

$282M

Stock-Based Comp.

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$604M

Stockholders' Equity

$1.8B

Cash & Equivalents

$721M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$337M	$245M	+37.7%
Gross Profit	$242M	$179M	+35.1%
Operating Income	$88M	$71M	+23.0%
Net Income	$87M	$73M	+17.9%

Revenue Segments

Subscription Services Veeva Commercial Cloud

$143M42%

Subscription Services Veeva Research And Development

$128M38%

Professional Services Veeva Research And Development

$39M12%

Professional Services Veeva Commercial Cloud

$27M8%

Geographic Segments

North America

$196M58%

Europe

$89M27%

Asia Pacific

$42M13%

Middle East, Africa, And Latin America

$10M3%