Q1 2022 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$434M+28.6% YoY

Gross Profit

$317M73.2% margin

Operating Income

$128M29.6% margin

Net Income

$116M26.7% margin

EPS (Diluted)

$0.71

QoQ Revenue Growth

+9.3%

Cash Flow

Operating Cash Flow

$478M

Free Cash Flow

$476M

Stock-Based Comp.

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$777M

Stockholders' Equity

$2.4B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$434M	$337M	+28.6%
Gross Profit	$317M	$242M	+31.0%
Operating Income	$128M	$88M	+46.7%
Net Income	$116M	$87M	+33.5%

Revenue Segments

Subscription Services Veeva Research And Development

$173M40%

Subscription Services Veeva Commercial Cloud

$168M39%

Professional Services Veeva Research And Development

$56M13%

Professional Services Veeva Commercial Cloud

$36M8%

Geographic Segments

North America

$246M57%

Europe

$121M28%

Asia Pacific

$54M12%

Middle East, Africa, And Latin America

$12M3%