Veeva Systems (VEEV) Revenue & Revenue Breakdown


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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

DateRevenueChange
2024-01-31$2.36B9.68%
2023-01-31$2.16B16.44%
2022-01-31$1.85B26.33%
2021-01-31$1.47B32.70%
2020-01-31$1.10B28.05%
2019-01-31$862.21M25.77%
2018-01-31$685.57M26.01%
2017-01-31$544.04M32.95%
2016-01-31$409.22M30.65%
2015-01-31$313.22M49.05%
2014-01-31$210.15M62.22%
2013-01-31$129.55M111.47%
2012-01-31$61.26M110.31%
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

DateRevenueChange
2024-07-31$676.18M3.97%
2024-04-30$650.35M3.13%
2024-01-31$630.62M2.29%
2023-10-31$616.50M4.45%
2023-07-31$590.23M12.14%
2023-04-30$526.33M-6.58%
2023-01-31$563.39M2.00%
2022-10-31$552.35M3.39%
2022-07-31$534.22M5.76%
2022-04-30$505.10M4.04%
2022-01-31$485.50M1.97%
2021-10-31$476.11M4.50%
2021-07-31$455.59M5.08%
2021-04-30$433.57M9.28%
2021-01-31$396.76M5.10%
2020-10-31$377.52M6.74%
2020-07-31$353.68M4.92%
2020-04-30$337.11M8.22%
2020-01-31$311.51M10.89%
2019-10-31$280.92M5.25%
2019-07-31$266.90M9.05%
2019-04-30$244.75M5.35%
2019-01-31$232.32M3.38%
2018-10-31$224.73M7.21%
2018-07-31$209.61M7.19%
2018-04-30$195.55M5.75%
2018-01-31$184.92M4.98%
2017-10-31$176.15M5.74%
2017-07-31$166.59M5.49%
2017-04-30$157.92M5.17%
2017-01-31$150.15M5.16%
2016-10-31$142.78M8.70%
2016-07-31$131.35M9.67%
2016-04-30$119.76M4.81%
2016-01-31$114.27M6.87%
2015-10-31$106.92M8.98%
2015-07-31$98.11M9.10%
2015-04-30$89.92M3.35%
2015-01-31$87.01M3.80%
2014-10-31$83.83M10.79%
2014-07-31$75.66M13.40%
2014-04-30$66.72M6.24%
2014-01-31$62.80M14.23%
2013-10-31$54.98M10.89%
2013-07-31$49.58M15.88%
2013-04-30$42.79M7.54%
2013-01-31$39.79M11.15%
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/ServiceJan 24Jan 23Jan 22Jan 21Jan 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/ServiceJul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 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

CountryJan 24Jan 23Jan 22Jan 21Jan 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

CountryJul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 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


TickerCompanyLast Year RevenueLast Quarter Revenue
GEHCGE HealthCare$19.55B$4.86B
TDOCTeladoc Health$2.60B$640.51M
VEEVVeeva Systems$2.36B$676.18M
PGNYProgyny$1.09B$304.09M
HQYHealthEquity$999.59M$299.93M
GDRXGoodRx$750.26M$200.61M
TXG10x Genomics$618.73M$151.65M
DOCSDoximity$475.42M$126.68M
ACCDAccolade$414.29M$106.36M
CERTCertara$354.34M$93.31M
SDGRSchrödinger$216.67M$47.33M
AMWLAmerican Well--

VEEV Revenue FAQ


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.

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).

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%.

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.

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.