Q3 2021 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$378M+34.4% YoY

Gross Profit

$275M72.7% margin

Operating Income

$101M26.8% margin

Net Income

$97M25.7% margin

EPS (Diluted)

$0.60

QoQ Revenue Growth

+6.7%

Cash Flow

Operating Cash Flow

$95M

Free Cash Flow

$92M

Stock-Based Comp.

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$477M

Stockholders' Equity

$2.1B

Cash & Equivalents

$634M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$378M	$281M	+34.4%
Gross Profit	$275M	$208M	+32.2%
Operating Income	$101M	$81M	+25.4%
Net Income	$97M	$82M	+17.9%

Revenue Segments

Subscription Services Veeva Commercial Cloud

$152M40%

Subscription Services Veeva Research And Development

$150M40%

Professional Services Veeva Research And Development

$45M12%

Professional Services Veeva Commercial Cloud

$29M8%

Geographic Segments

North America

$218M58%

Europe

$102M27%

Asia Pacific

$46M12%

Middle East, Africa, And Latin America

$11M3%