Growth Metrics

Veeva Systems (VEEV) Cost of Revenue (2016 - 2025)

Historic Cost of Revenue for Veeva Systems (VEEV) over the last 14 years, with Q4 2025 value amounting to $199.5 million.

  • Veeva Systems' Cost of Revenue rose 1437.93% to $199.5 million in Q4 2025 from the same period last year, while for Oct 2025 it was $749.5 million, marking a year-over-year increase of 822.44%. This contributed to the annual value of $699.6 million for FY2025, which is 329.92% up from last year.
  • Per Veeva Systems' latest filing, its Cost of Revenue stood at $199.5 million for Q4 2025, which was up 1437.93% from $195.3 million recorded in Q3 2025.
  • In the past 5 years, Veeva Systems' Cost of Revenue ranged from a high of $199.5 million in Q4 2025 and a low of $113.8 million during Q1 2021
  • Moreover, its 5-year median value for Cost of Revenue was $167.2 million (2023), whereas its average is $158.6 million.
  • In the last 5 years, Veeva Systems' Cost of Revenue skyrocketed by 2579.4% in 2021 and then fell by 3.45% in 2025.
  • Veeva Systems' Cost of Revenue (Quarter) stood at $129.6 million in 2021, then rose by 18.79% to $153.9 million in 2022, then increased by 8.95% to $167.7 million in 2023, then increased by 4.0% to $174.4 million in 2024, then increased by 14.38% to $199.5 million in 2025.
  • Its Cost of Revenue stands at $199.5 million for Q4 2025, versus $195.3 million for Q3 2025 and $173.8 million for Q2 2025.