Veeva Systems (VEEV) Revenue & Revenue Breakdown
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 | $4.84B |
| TDOC | Teladoc Health | $2.60B | $642.44M |
| VEEV | Veeva Systems | $2.36B | $676.18M |
| PGNY | Progyny | $1.09B | $304.09M |
| HQY | HealthEquity | $999.59M | $299.93M |
| GDRX | GoodRx | $750.26M | $200.61M |
| TXG | 10x Genomics | $618.73M | $153.10M |
| DOCS | Doximity | $475.42M | $126.68M |
| ACCD | Accolade | $414.29M | $110.47M |
| CERT | Certara | $354.34M | $93.31M |
| 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.