Companies /Healthcare

Veeva Systems Inc - Class A

NYSE: VEEV Health Information Services
$282.13
â–² $37.22 (+15.20%) today
Markets closed · 7:09pm ET

Q4 2026 Earnings

Reported Mar 4, 2026, 4:03pm ET · SEC source
$2.06
Beat +6.45%
EPS · est. $1.94
$836.0M
Beat +3.08%
Revenue · est. $811.0M
−8.8%
Trailing market
VEEV vs S&P since report
7 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−5%0+5%Mar 4Mar 5report 4:03pm ETearnings−0.4%−1.6%
−5%0+5%Mar 4Mar 5earnings−0.4%−1.6%
VEEV −1.6%S&P 500 −0.4%
−5%0+5%Mar 4Mar 5report 4:03pm ETearnings−0.2%−1.6%
−5%0+5%Mar 4Mar 5earnings−0.2%−1.6%
VEEV −1.6%NASDAQ −0.2%
−10%−5%0Mar 3Mar 12report 4:03pm ETearnings−2.7%−12.0%
−10%−5%0Mar 3Mar 12earnings−2.7%−12.0%
VEEV −12.0%S&P 500 −2.7%
−10%−5%0Mar 3Mar 12report 4:03pm ETearnings−2.2%−12.0%
−10%−5%0Mar 3Mar 12earnings−2.2%−12.0%
VEEV −12.0%NASDAQ −2.2%
+4.02%
Day of report
−0.29%
Next session
−7.79%
One week
−12.01%
30 days

S&P 500 over the same 30 days: −3.24%.

Did VEEV Beat Earnings? Q4 2026 Results

Veeva Systems closed out fiscal 2026 on a high note, posting Q4 non-GAAP diluted EPS of $2.06 against a consensus estimate of $1.94 — a 6.19% beat that extended the company's streak to four consecutive quarters of topping analyst expectations — while revenue of $835.95 million came in 2.98% ahead of the $811.77 million consensus and grew 16.0% year over year. Investors <a href="https://247wallst.com/investing/2026/03/04/live-will-veeva-systems-rally-after-q4-earnings-tonight/">had been watching closely</a> heading into the print, and the results did not disappoint. The primary engine behind the quarter's strength was subscription revenue, which rose 16% year over year to $707.75 million, reflecting durable demand across Veeva's life sciences cloud platform. Momentum in the Vault CRM transition — now with more than 125 customers live globally, including two top-20 biopharmas — also reinforced the company's commercial execution narrative. Looking ahead, Veeva guided fiscal Q1 2027 revenue to $855–$858 million and full-year fiscal 2027 revenue to $3.585–$3.60 billion, keeping the company firmly on its path toward a $6 billion revenue run rate by 2030.

Key Takeaways
  • Subscription revenue grew 16% year over year in Q4, driven by continued customer expansion and new wins
  • Non-GAAP operating margin expanded to 43.8% in Q4 from 42.7% a year ago
  • Strong momentum in Development Cloud and Quality Cloud with several top 20 biopharma wins
  • Crossix had a breakout year with strong growth in Measurement and Audiences

“The agentic transformation underway represents a substantial opportunity for Veeva and life sciences. With our core systems of record spanning the industry's most critical functions and unique datasets, we can deliver industry-specific AI deeply integrated into our applications. Our progress with Veeva AI and continued strong execution in Commercial Cloud, Development Cloud, and Quality Cloud will create significant value for the industry.”

Veeva Systems CEO, on the earnings call

Forward Guidance & Outlook

For fiscal Q1 2027 (ending April 30, 2026), Veeva guides total revenues of $855–$858 million, non-GAAP operating income of $378–$381 million, and non-GAAP diluted EPS of $2.13–$2.14. For full fiscal year 2027 (ending January 31, 2027), the company guides total revenues of $3,585–$3,600 million, non-GAAP operating income of approximately $1,590 million, and non-GAAP diluted EPS of approximately $8.85. The company targets a $6 billion revenue run rate by 2030.

VEEV YoY Financials

Q4 2026 vs Q4 2025 · SEC filings Q4 2025 Q4 2026
$0$300.0M$600.0M$900.0M$720.9M$836.0MRevenue$539.9M$622.5MGross Profit$188.4M$245.9MOperating Income$195.6M$244.2MNet Income
$0$300.0M$600.0M$900.0MRevenueGross ProfitOperating IncomeNet Income

VEEV Revenue by Segment

Subscription Services$707.7M+16.3%
Veeva R&D Solutions - Subscription$380.8M+20.8%
Veeva Commercial Solutions - Subscription$327.0M+11.4%
Professional Services and Other$128.2M+14.2%
Veeva R&D Solutions - Professional Services$80.6M+20.9%
Veeva Commercial Solutions - Professional Services$47.6M+4.3%

Figures from SEC filings and company reports. Not investment advice.