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.

• In Q2 2026, Cost of Revenue rose 27.1% year-over-year to $220.9 million; the TTM figure through Apr 2026 stood at $829.1 million (up 18.52% YoY), while the FY2026 annual figure was $782.0 million, up 11.78% from the prior year.
• Cost of Revenue for Q2 2026 stood at $220.9 million, up from $213.5 million in the prior quarter.
• The five-year high for Cost of Revenue was $220.9 million in Q2 2026, with the low 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.
• The sharpest annual moves came in 2025 and 2026: Cost of Revenue slipped 0.03% in 2025, then advanced 27.1% in 2026.
• Veeva Systems' Cost of Revenue stood at $153.9 million in 2022, then gained by 8.95% to $167.7 million in 2023, then climbed by 4.0% to $174.4 million in 2024, then increased by 14.38% to $199.5 million in 2025, then rose by 10.76% to $220.9 million in 2026.
• Business Quant data shows VEEV's Cost of Revenue at $220.9 million in Q2 2026, $213.5 million in Q1 2026, and $199.5 million in Q4 2025.