Q2 2022 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$456M+28.8% YoY

Gross Profit

$333M73.2% margin

Operating Income

$125M27.4% margin

Net Income

$109M23.9% margin

EPS (Diluted)

$0.67

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

$119M

Free Cash Flow

$114M

Stock-Based Comp.

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$731M

Stockholders' Equity

$2.6B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$456M	$354M	+28.8%
Gross Profit	$333M	$256M	+30.0%
Operating Income	$125M	$90M	+38.3%
Net Income	$109M	$94M	+16.4%

Revenue Segments

Subscription Services Veeva Research And Development

$190M42%

Subscription Services Veeva Commercial Cloud

$176M39%

Professional Services Veeva Research And Development

$57M13%

Professional Services Veeva Commercial Cloud

$32M7%

Geographic Segments

North America

$259M57%

Europe

$128M28%

Asia Pacific

$56M12%

Middle East, Africa, And Latin America

$13M3%