Q2 2021 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$354M+32.5% YoY

Gross Profit

$256M72.5% margin

Operating Income

$90M25.5% margin

Net Income

$94M26.5% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$105M

Free Cash Flow

$100M

Stock-Based Comp.

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$560M

Stockholders' Equity

$2.0B

Cash & Equivalents

$796M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$354M	$267M	+32.5%
Gross Profit	$256M	$197M	+30.4%
Operating Income	$90M	$74M	+22.0%
Net Income	$94M	$79M	+18.1%

Revenue Segments

Subscription Services Veeva Commercial Cloud

$145M41%

Subscription Services Veeva Research And Development

$139M39%

Professional Services Veeva Research And Development

$44M12%

Professional Services Veeva Commercial Cloud

$27M8%

Geographic Segments

North America

$200M57%

Europe

$98M28%

Asia Pacific

$45M13%

Middle East, Africa, And Latin America

$10M3%