Q3 2024 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$617M+11.6% YoY

Gross Profit

$449M72.8% margin

Operating Income

$128M20.8% margin

Net Income

$135M21.9% margin

EPS (Diluted)

$0.83

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

$83M

Free Cash Flow

$77M

Stock-Based Comp.

Balance Sheet

Total Assets

$5.2B

Total Liabilities

$846M

Stockholders' Equity

$4.4B

Cash & Equivalents

$744M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$617M	$552M	+11.6%
Gross Profit	$449M	$398M	+12.6%
Operating Income	$128M	$121M	+5.8%
Net Income	$135M	$108M	+24.6%

Revenue Segments

Subscription Services Veeva Commercial Cloud

$251M41%

Subscription Services Veeva Research And Development

$244M40%

Professional Services Veeva Research And Development

$74M12%

Professional Services Veeva Commercial Cloud

$48M8%

Geographic Segments

North America

$362M59%

Europe

$172M28%

Asia Pacific

$65M11%

Middle East, Africa, And Latin America

$16M3%