Q4 2022 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$485M+22.4% YoY

Gross Profit

$350M72.0% margin

Operating Income

$120M24.7% margin

Net Income

$97M20.0% margin

EPS (Diluted)

$0.60

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

$54M

Free Cash Flow

$50M

Stock-Based Comp.

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$905M

Stockholders' Equity

$2.9B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$485M	$397M	+22.4%
Gross Profit	$350M	$283M	+23.6%
Operating Income	$120M	$99M	+21.1%
Net Income	$97M	$103M	-5.7%

Revenue Segments

Subscription Services Veeva Commercial Cloud

$309M64%

Subscription Services Veeva Research And Development

$87M18%

Professional Services Veeva Commercial Cloud

$55M11%

Professional Services Veeva Research And Development

$35M7%

Geographic Segments

North America

$281M58%

Europe

$132M27%

Asia Pacific

$59M12%

Middle East, Africa, And Latin America

$13M3%