Veeva Systems (VEEV) Cost of Revenue (2012 - 2026)

Veeva Systems' Cost of Revenue history runs 15 years deep, the most recent figure standing at $220.9 million for Q2 2026.

• On a quarterly basis, Cost of Revenue rose 27.1% year-over-year to $220.9 million in Q2 2026; TTM through Apr 2026 was $829.1 million, a 18.52% increase from a year earlier, with the FY2026 full-year figure at $782.0 million, up 11.78% from the prior year.
• Cost of Revenue improved to $220.9 million in Q2 2026 per VEEV's latest filing, from $213.5 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $220.9 million in Q2 2026 and bottomed at $135.9 million in Q1 2022.
• The 5-year median for Cost of Revenue is $172.1 million (2024), against an average of $173.6 million.
• Across the five-year window, Cost of Revenue fell 0.03% in 2025 and increased 27.1% in 2026, its largest moves.
• Year by year, Cost of Revenue stood at $153.9 million in 2022, then advanced by 8.95% to $167.7 million in 2023, then grew by 4.0% to $174.4 million in 2024, then rose by 14.38% to $199.5 million in 2025, then gained by 10.76% to $220.9 million in 2026.
• Per Business Quant, the three latest VEEV Cost of Revenue figures stand at $220.9 million (Q2 2026), $213.5 million (Q1 2026), and $199.5 million (Q4 2025).