Veeva Systems (VEEV) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Veeva Systems Revenue Highlights

Latest Revenue (Y)

$2.36B

Latest Revenue (Q)

$676.18M

Main Segment (Y)

Subscription and Circulation

Main Geography (Y)

North America

Veeva Systems Revenue by Period

Veeva Systems Revenue by Year

Date	Revenue	Change
2024-01-31	$2.36B	9.68%
2023-01-31	$2.16B	16.44%
2022-01-31	$1.85B	26.33%
2021-01-31	$1.47B	32.70%
2020-01-31	$1.10B	28.05%
2019-01-31	$862.21M	25.77%
2018-01-31	$685.57M	26.01%
2017-01-31	$544.04M	32.95%
2016-01-31	$409.22M	30.65%
2015-01-31	$313.22M	49.05%
2014-01-31	$210.15M	62.22%
2013-01-31	$129.55M	111.47%
2012-01-31	$61.26M	110.31%
2011-01-31	$29.13M	-

Veeva Systems generated $2.36B in revenue during NA 2024, up 9.68% compared to the previous quarter, and up 274.14% compared to the same period a year ago.

Veeva Systems Revenue by Quarter

Date	Revenue	Change
2024-07-31	$676.18M	3.97%
2024-04-30	$650.35M	3.13%
2024-01-31	$630.62M	2.29%
2023-10-31	$616.50M	4.45%
2023-07-31	$590.23M	12.14%
2023-04-30	$526.33M	-6.58%
2023-01-31	$563.39M	2.00%
2022-10-31	$552.35M	3.39%
2022-07-31	$534.22M	5.76%
2022-04-30	$505.10M	4.04%
2022-01-31	$485.50M	1.97%
2021-10-31	$476.11M	4.50%
2021-07-31	$455.59M	5.08%
2021-04-30	$433.57M	9.28%
2021-01-31	$396.76M	5.10%
2020-10-31	$377.52M	6.74%
2020-07-31	$353.68M	4.92%
2020-04-30	$337.11M	8.22%
2020-01-31	$311.51M	10.89%
2019-10-31	$280.92M	5.25%
2019-07-31	$266.90M	9.05%
2019-04-30	$244.75M	5.35%
2019-01-31	$232.32M	3.38%
2018-10-31	$224.73M	7.21%
2018-07-31	$209.61M	7.19%
2018-04-30	$195.55M	5.75%
2018-01-31	$184.92M	4.98%
2017-10-31	$176.15M	5.74%
2017-07-31	$166.59M	5.49%
2017-04-30	$157.92M	5.17%
2017-01-31	$150.15M	5.16%
2016-10-31	$142.78M	8.70%
2016-07-31	$131.35M	9.67%
2016-04-30	$119.76M	4.81%
2016-01-31	$114.27M	6.87%
2015-10-31	$106.92M	8.98%
2015-07-31	$98.11M	9.10%
2015-04-30	$89.92M	3.35%
2015-01-31	$87.01M	3.80%
2014-10-31	$83.83M	10.79%
2014-07-31	$75.66M	13.40%
2014-04-30	$66.72M	6.24%
2014-01-31	$62.80M	14.23%
2013-10-31	$54.98M	10.89%
2013-07-31	$49.58M	15.88%
2013-04-30	$42.79M	7.54%
2013-01-31	$39.79M	11.15%
2012-10-31	$35.80M	-

Veeva Systems generated $676.18M in revenue during Q2 2025, up 3.97% compared to the previous quarter, and up 128.47% compared to the same period a year ago.

Veeva Systems Revenue Breakdown

Veeva Systems Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Jan 24	Jan 23	Jan 22	Jan 21	Jan 20
Professional Services Veeva Research And Development	$276.10M	-	-	-	-
Subscription Services Veeva Research And Development	$905.79M	-	-	-	-
Technology Service	$462.08M	$422.06M	$366.80M	$285.58M	$207.79M
Subscription and Circulation	$1.90B	$1.66B	$1.51B	$1.29B	$897.70M
Professional Services Veeva Commercial Cloud	$185.98M	$113.50M	$76.35M	-	-
Subscription Services Veeva Commercial Cloud	$995.80M	$599.23M	$468.62M	-	-
Professional Services R&D Solutions	-	$244.87M	$201.72M	-	-
Subscription Services R&D Solutions	-	$786.75M	$607.52M	-	-
Subscription Services Commercial Solutions	-	$946.25M	$876.46M	-	-
Professional Services Commercial Solutions	-	$177.19M	$165.09M	-	-
Subscription Services Veeva Vault	-	-	-	$580.25M	$427.68M
Professional Services Veeva Vault	-	-	-	$172.09M	$131.44M

Veeva Systems's latest annual revenue breakdown by segment (product or service), as of Jan 24: Subscription and Circulation (40.23%), Subscription Services Veeva Commercial Cloud (21.06%), Subscription Services Veeva Research And Development (19.16%), Technology Service (9.77%), Professional Services Veeva Research And Development (5.84%), and Professional Services Veeva Commercial Cloud (3.93%).

Quarterly Revenue by Product

Product/Service	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19
Subscription Services Veeva Research And Development	$289.47M	$272.64M	$259.62M	$243.75M	$227.21M	$175.22M	$202.29M	$192.29M	$174.91M	$157.56M	-	-	-	-	-	-	-	-	-	-
Subscription and Circulation	$561.28M	$533.96M	$1.09B	$813.00M	$460.15M	$1.19B	$1.35B	$1.49B	$395.68M	$1.04B	$1.20B	$1.24B	$322.81M	$772.00M	$844.00M	$913.00M	$254.11M	$567.50M	-	-
Professional Services Veeva Commercial Cloud	$45.07M	$48.77M	$45.90M	$47.90M	$47.32M	$44.86M	$45.28M	$44.42M	$43.32M	$41.67M	$32.16M	$36.03M	$30.39M	$29.11M	$26.62M	$27.38M	$23.97M	$18.59M	-	-
Professional Services Veeva Research And Development	$69.84M	$67.62M	$63.22M	$73.69M	$72.27M	$66.92M	$65.50M	$61.15M	$59.15M	$53.70M	-	-	-	-	-	-	-	-	-	-
Subscription Services Veeva Commercial Cloud	$271.81M	$261.32M	$261.88M	$251.17M	$243.43M	$239.32M	$239.28M	$236.36M	$227.72M	$223.18M	$176.05M	$168.46M	$159.38M	$152.47M	$144.81M	$142.58M	$135.02M	$115.20M	-	-
Technology Service	$114.90M	$116.39M	$109.12M	$121.59M	$119.59M	$111.78M	$103.24M	$110.78M	$105.57M	$102.47M	$89.82M	$95.37M	$89.16M	$92.45M	$73.95M	$74.58M	$70.18M	$66.87M	$57.40M	$54.16M
Subscription Services Veeva Vault	-	-	-	-	-	-	-	-	-	-	-	-	$190.38M	$172.66M	$163.44M	$150.47M	$138.69M	$127.66M	$119.08M	$111.56M
Professional Services Veeva Vault	-	-	-	-	-	-	-	-	-	-	-	-	$57.00M	$56.43M	$43.56M	$45.47M	$43.56M	$39.49M	$33.44M	$35.57M

Veeva Systems's latest quarterly revenue breakdown by segment (product or service), as of Jul 24: Subscription and Circulation (41.50%), Subscription Services Veeva Research And Development (21.40%), Subscription Services Veeva Commercial Cloud (20.10%), Technology Service (8.50%), Professional Services Veeva Research And Development (5.16%), and Professional Services Veeva Commercial Cloud (3.33%).

Veeva Systems Revenue Breakdown by Country

Annual Revenue by Country

Country	Jan 24	Jan 23	Jan 22	Jan 21	Jan 20
North America	$1.39B	$1.25B	$1.06B	$838.19M	$607.70M
Asia Pacific	$250.60M	$244.66M	$225.97M	$183.85M	$151.05M
Europe	$662.56M	$598.83M	$509.13M	$400.79M	$310.21M
Middle East, Africa, And Latin America	$63.09M	$57.82M	$51.91M	$42.24M	-
Rest Of World	-	-	-	-	$35.11M

Veeva Systems's latest annual revenue breakdown by geography, as of Jan 24: North America (58.70%), Europe (28.03%), Asia Pacific (10.60%), and Middle East, Africa, And Latin America (2.67%).

Quarterly Revenue by Country

Country	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19
Middle East, Africa, And Latin America	$17.02M	$16.39M	$16.87M	$16.47M	$15.40M	$14.35M	$14.74M	$14.92M	$14.50M	$13.66M	$13.43M	$13.08M	$13.07M	$12.34M	-	-	-	-	-	-
Asia Pacific	$64.88M	$62.44M	$65.88M	$65.18M	$63.96M	$55.58M	$63.37M	$62.62M	$60.95M	$57.71M	$58.65M	$57.84M	$55.85M	$53.63M	$50.81M	$46.18M	$44.57M	$42.29M	$40.49M	$39.06M
North America	$395.97M	$381.60M	$364.73M	$362.38M	$346.33M	$313.98M	$328.17M	$321.86M	$308.96M	$294.77M	$281.18M	$277.17M	$259.13M	$246.30M	$224.09M	$218.11M	$200.33M	$195.66M	$177.26M	$153.00M
Europe	$198.31M	$189.91M	$183.14M	$172.47M	$164.53M	$142.42M	$157.11M	$152.95M	$149.81M	$138.96M	$132.24M	$128.03M	$127.55M	$121.30M	$110.53M	$102.44M	$98.39M	$89.42M	$84.19M	$79.83M
Subscription and Circulation	-	-	-	-	-	-	$460.15M	-	-	-	-	-	-	-	-	-	-	-	-	-
Technology Service	-	-	-	-	-	-	$103.24M	-	-	-	-	-	-	-	-	-	-	-	-	-
Rest Of World	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$10.79M	$10.38M	$9.73M	$9.56M	$9.03M

Veeva Systems's latest quarterly revenue breakdown by geography, as of Jul 24: North America (58.56%), Europe (29.33%), Asia Pacific (9.59%), and Middle East, Africa, And Latin America (2.52%).

Veeva Systems Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
GEHC	GE HealthCare	$19.55B	$4.86B
TDOC	Teladoc Health	$2.60B	$640.51M
VEEV	Veeva Systems	$2.36B	$676.18M
PGNY	Progyny	$1.09B	$286.63M
HQY	HealthEquity	$999.59M	$299.93M
GDRX	GoodRx	$750.26M	$200.61M
TXG	10x Genomics	$618.73M	$151.65M
DOCS	Doximity	$475.42M	$136.83M
ACCD	Accolade	$414.29M	$106.36M
CERT	Certara	$354.34M	$94.82M
SDGR	Schrödinger	$216.67M	$47.33M
AMWL	American Well	-	-

VEEV Revenue FAQ

What is Veeva Systems’s yearly revenue?

Veeva Systems's yearly revenue for 2024 was $2.36B, representing an increase of 9.68% compared to 2023. The company's yearly revenue for 2023 was $2.16B, representing an increase of 16.44% compared to 2022. VEEV's yearly revenue for 2022 was $1.85B, representing an increase of 26.33% compared to 2021.

What is Veeva Systems’s quarterly revenue?

Veeva Systems's quarterly revenue for Q2 2025 was $676.18M, a 3.97% increase from the previous quarter (Q1 2025), and a 14.56% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $650.34M, a 3.13% increase from the previous quarter (Q4 2024), and a 23.56% increase year-over-year (Q1 2024). VEEV's quarterly revenue for Q4 2024 was $630.62M, a 2.29% increase from the previous quarter (Q3 2024), and a 11.93% increase year-over-year (Q4 2023).

What is Veeva Systems’s revenue growth rate?

Veeva Systems's revenue growth rate for the last 3 years (2022-2024) was 27.71%, and for the last 5 years (2020-2024) was 114.09%.

What are Veeva Systems’s revenue streams?

Veeva Systems's revenue streams in n 24 are Professional Services Veeva Research And Development, Subscription Services Veeva Research And Development, Technology Service, Subscription and Circulation, Professional Services Veeva Commercial Cloud, and Subscription Services Veeva Commercial Cloud. Professional Services Veeva Research And Development generated $276.1M in revenue, accounting 5.84% of the company's total revenue Subscription Services Veeva Research And Development generated $905.79M in revenue, accounting 19.16% of the company's total revenue Technology Service generated $462.08M in revenue, accounting 9.77% of the company's total revenue, up 9.48% year-over-year. Subscription and Circulation generated $1.9B in revenue, accounting 40.23% of the company's total revenue, up 14.35% year-over-year. Professional Services Veeva Commercial Cloud generated $185.98M in revenue, accounting 3.93% of the company's total revenue, up 63.86% year-over-year. Subscription Services Veeva Commercial Cloud generated $995.8M in revenue, accounting 21.06% of the company's total revenue, up 66.18% year-over-year.

What is Veeva Systems’s main source of revenue?

For the fiscal year ending Jan 24, the largest source of revenue of Veeva Systems was Subscription and Circulation. This segment made a revenue of $1.9B, representing 40.23% of the company's total revenue.