Q1 2025 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$650M+23.6% YoY

Gross Profit

$476M73.3% margin

Operating Income

$155M23.9% margin

Net Income

$162M24.9% margin

EPS (Diluted)

$0.98

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

$764M

Free Cash Flow

$755M

Stock-Based Comp.

Balance Sheet

Total Assets

$6.2B

Total Liabilities

$1.3B

Stockholders' Equity

$4.9B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$650M	$526M	+23.6%
Gross Profit	$476M	$360M	+32.5%
Operating Income	$155M	$62M	+152.2%
Net Income	$162M	$132M	+22.9%

Revenue Segments

Subscription Services Veeva Research And Development

$273M42%

Subscription Services Veeva Commercial Cloud

$261M40%

Professional Services Veeva Research And Development

$68M10%

Professional Services Veeva Commercial Cloud

$49M7%

Geographic Segments

North America

$382M59%

Europe

$190M29%

Asia Pacific

$62M10%

Middle East, Africa, And Latin America

$16M3%