To the full analysis
Veeva Systems stock: growth
VEEVVeeva Systems reported $3.2B in revenue for fiscal 2026, up 16.3% on the prior year, up 16.9% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
36.8%
per year from 2011 to 2026, per share 34.4%
Earnings (Annual rate)
43.8%
per year from 2011 to 2026, per share 62%
Free cash flow (Annual rate)
46.6%
per year from 2011 to 2026, per share 44%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2011 | |
|---|---|---|---|
| Revenue | 16.9% | 22.8% | 36.8% |
| Revenue per share | 15.0% | 20.2% | 34.4% |
| Earnings | 19.1% | 32.5% | 43.8% |
| Earnings per share | 17.1% | 29.8% | 62.0% |
| Free cash flow | 20.6% | 37.1% | 46.6% |
| Free cash flow per share | 18.7% | 34.2% | 44.0% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2011 | $29.13M | $3.91M | $4.48M |
| 2012 | $61.26M | $4.23M | $4.09M |
| 2013 | $129.55M | $3.48M | $29.84M |
| 2014 | $210.15M | $23.62M | $39.89M |
| 2015 | $313.22M | $40.38M | $41.04M |
| 2016 | $409.22M | $54.46M | $59M |
| 2017 | $544.04M | $77.57M | $137.09M |
| 2018 | $690.56M | $151.18M | $223.81M |
| 2019 | $862.21M | $229.83M | $302.39M |
| 2020 | $1.1B | $301.12M | $434.26M |
| 2021 | $1.47B | $380M | $542.56M |
| 2022 | $1.85B | $427.39M | $750.25M |
| 2023 | $2.16B | $487.71M | $766.96M |
| 2024 | $2.36B | $525.71M | $885.14M |
| 2025 | $2.75B | $714.14M | $1.07B |
| 2026 | $3.2B | $908.91M | $1.39B |
Revenue by segment
How Veeva Systems Inc. makes its money and how that has shifted. Names are as the company reports them.
- Subscription$2.7B84%
- Professional services and other$511.1M16%
The company split earlier years differently. A history would not be comparable, so only 2026 is shown.
Figures as a table
| 2026 | Share 2026 | |
|---|---|---|
| Subscription | $2.68B | 84% |
| Professional services and other | $511.12M | 16% |
| Total revenue | $3.2B | 100% |
Revenue by region
Where Veeva Systems Inc. generates its revenue.
- North America60%
- Europe29%
- Asia Pacific9%
- Other2%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | $297.01M | $376.54M | $480.71M | $607.7M | $838.19M | $1.06B | $1.25B | $1.39B | $1.62B | $1.9B | 59.6% |
| Europe | $160.67M | $202.41M | $236.1M | $310.22M | $400.79M | $509.13M | $598.83M | $662.56M | $790.78M | $939.63M | 29.4% |
| Asia Pacific | $86.36M | $106.62M | $145.4M | $151.05M | $183.85M | $225.97M | $244.66M | $250.6M | $265.74M | $280.16M | 8.8% |
| Other | $0 | $0 | $0 | $35.11M | $42.24M | $51.91M | $57.82M | $63.09M | $68.41M | $72.18M | 2.3% |
| Total revenue | $544.04M | $690.56M | $862.21M | $1.1B | $1.47B | $1.85B | $2.16B | $2.36B | $2.75B | $3.2B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Jan 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 31 Jul 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.