Q3 2022 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$476M+26.1% YoY

Gross Profit

$347M72.8% margin

Operating Income

$133M27.9% margin

Net Income

$106M22.2% margin

EPS (Diluted)

$0.65

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

$113M

Free Cash Flow

$111M

Stock-Based Comp.

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$598M

Stockholders' Equity

$2.8B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$476M	$378M	+26.1%
Gross Profit	$347M	$275M	+26.2%
Operating Income	$133M	$101M	+31.0%
Net Income	$106M	$97M	+9.2%

Revenue Segments

Subscription Services Veeva Commercial Cloud

$223M47%

Subscription Services Veeva Research And Development

$158M33%

Professional Services Veeva Research And Development

$54M11%

Professional Services Veeva Commercial Cloud

$42M9%

Geographic Segments

North America

$277M58%

Europe

$128M27%

Asia Pacific

$58M12%

Middle East, Africa, And Latin America

$13M3%