Q1 2026 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$759M+16.7% YoY

Gross Profit

$585M77.1% margin

Operating Income

$234M30.8% margin

Net Income

$228M30.1% margin

EPS (Diluted)

$1.37

QoQ Revenue Growth

+5.3%

Cash Flow

Operating Cash Flow

$877M

Free Cash Flow

$871M

Stock-Based Comp.

Balance Sheet

Total Assets

$7.8B

Total Liabilities

$1.6B

Stockholders' Equity

$6.2B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$759M	$650M	+16.7%
Gross Profit	$585M	$476M	+22.8%
Operating Income	$234M	$155M	+50.6%
Net Income	$228M	$162M	+41.2%

Revenue Segments

Subscription Services Veeva Research And Development

$329M43%

Subscription Services Veeva Commercial Cloud

$305M40%

Professional Services Veeva Research And Development

$78M10%

Professional Services Veeva Commercial Cloud

$47M6%

Geographic Segments

North America

$459M61%

Europe

$217M29%

Asia Pacific

$65M9%

Middle East, Africa, And Latin America

$17M2%