Veeva Systems (VEEV) EBITDA Margin (2012 - 2026)
Veeva Systems (VEEV) posted quarterly EBITDA Margin of 30.93% for Q2 2026, up 14.0% year-over-year from 27.13% in Q2 2025, and up 5.16% quarter-over-quarter from 29.41% in Q1 2026.
Veeva Systems (VEEV) EBITDA Margin (2012 - 2026) Analysis & Trends
Veeva Systems' EBITDA Margin history runs 15 years deep, the most recent figure standing at 30.93% for Q2 2026.
- In Q2 2026, EBITDA Margin rose 14.0% year-over-year to 30.93%; the TTM figure through Apr 2026 stood at 28.79% (up 183.0% YoY), while the FY2026 annual figure was 28.68%, up 350.0% from the prior year.
- EBITDA Margin for Q2 2026 stood at 30.93%, up from 29.41% in the prior quarter.
- The five-year high for EBITDA Margin was 30.93% in Q2 2026, with the low at 11.69% in Q2 2023.
- The 5-year median for EBITDA Margin is 24.64% (2022), against an average of 23.78%.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin slumped 1359 bps in 2023, then soared 1217 bps in 2024.
- Veeva Systems' EBITDA Margin stood at 21.98% in 2022, then retreated by 5 bps to 20.84% in 2023, then grew by 24 bps to 25.94% in 2024, then grew by 14 bps to 29.69% in 2025, then climbed by 4 bps to 30.93% in 2026.
- Business Quant data shows VEEV's EBITDA Margin at 30.93% in Q2 2026, 29.41% in Q1 2026, and 29.69% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 30.93% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 3.37% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 29.03% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -12.95% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 19.00% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -11.11% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 23.79% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 21.48% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -27.93% |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 1.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 30.93% |
| Jan 31, 2026 | 29.41% |
| Oct 31, 2025 | 29.69% |
| Jul 31, 2025 | 24.83% |
| Apr 30, 2025 | 30.79% |
| Jan 31, 2025 | 26.14% |
| Oct 31, 2024 | 25.94% |
| Jul 31, 2024 | 24.62% |
| Apr 30, 2024 | 23.86% |
| Jan 31, 2024 | 21.45% |
| Oct 31, 2023 | 20.84% |
| Jul 31, 2023 | 17.63% |
| Apr 30, 2023 | 11.69% |
| Jan 31, 2023 | 19.33% |
| Oct 31, 2022 | 21.98% |
| Jul 31, 2022 | 18.92% |
| Apr 30, 2022 | 25.28% |
| Jan 31, 2022 | 24.66% |
| Oct 31, 2021 | 27.87% |
| Jul 31, 2021 | 27.35% |