Veeva Systems (VEEV) EBITDA Margin (2012 - 2026)
Veeva Systems' quarterly EBITDA Margin came in at 29.0% in Q1 2026, up 214.0% year-on-year from 9.24% in Q1 2025, and down 5.17% quarter-over-quarter from 30.58% in Q4 2025.
Veeva Systems has reported EBITDA Margin for 15 years, with the latest figure at 29.0% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 214.0% year-over-year to 29.0%; the trailing twelve-month figure through Jan 2026 stood at 28.96% (up 288.0% YoY), and the FY2026 full-year result was 28.96%, up 288.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 29.0%, down from 30.58% in the prior quarter.
- The five-year high for EBITDA Margin was 36.04% in Q1 2023, with the low at 16.32% in Q4 2022.
- Average EBITDA Margin over 5 years is 24.55%, with a median of 26.01% recorded in 2023.
- Year-over-year, EBITDA Margin tumbled 850 bps in 2022 and jumped 1732 bps in 2023.
- Tracing VEEV's EBITDA Margin over 5 years: stood at 16.32% in 2022, then soared by 31 bps to 21.41% in 2023, then grew by 24 bps to 26.45% in 2024, then rose by 16 bps to 30.58% in 2025, then declined by 5 bps to 29.0% in 2026.
- The last three EBITDA Margin figures came in at 29.0% (Q1 2026), 30.58% (Q4 2025), and 24.0% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 29.00% |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 3.36% |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 29.03% |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 19.09% |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 17.08% |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 27.87% |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -11.30% |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 1.25% |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 5.44% |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | -10.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 29.00% |
| Oct 31, 2025 | 30.58% |
| Jul 31, 2025 | 24.00% |
| Apr 30, 2025 | 32.35% |
| Jan 31, 2025 | 26.87% |
| Oct 31, 2024 | 26.45% |
| Jul 31, 2024 | 29.00% |
| Apr 30, 2024 | 21.78% |
| Jan 31, 2024 | 27.64% |
| Oct 31, 2023 | 21.41% |
| Jul 31, 2023 | 17.45% |
| Apr 30, 2023 | 26.01% |
| Jan 31, 2023 | 36.04% |
| Oct 31, 2022 | 16.32% |
| Jul 31, 2022 | 16.37% |
| Apr 30, 2022 | 17.39% |
| Jan 31, 2022 | 18.72% |
| Oct 31, 2021 | 21.60% |
| Jul 31, 2021 | 23.81% |
| Apr 30, 2021 | 25.89% |
| Jan 31, 2021 | 25.31% |
| Oct 31, 2020 | 24.98% |
| Jul 31, 2020 | 27.59% |
| Apr 30, 2020 | 26.18% |
| Jan 31, 2020 | 21.34% |
| Oct 31, 2019 | 29.37% |
| Jul 31, 2019 | 29.21% |
| Apr 30, 2019 | 30.12% |
| Jan 31, 2019 | 31.56% |
| Oct 31, 2018 | 28.02% |
| Jul 31, 2018 | 23.41% |
| Apr 30, 2018 | 22.40% |
| Jan 31, 2018 | 22.17% |
| Oct 31, 2017 | 19.59% |
| Jul 31, 2017 | 23.22% |
| Apr 30, 2017 | 23.66% |
| Jan 31, 2017 | 20.16% |
| Oct 31, 2016 | 14.76% |
| Jul 31, 2016 | 10.18% |
| Apr 30, 2016 | 10.68% |
| Jan 31, 2016 | 15.52% |
| Oct 31, 2015 | 619.24% |
| Jul 31, 2015 | 13.63% |
| Apr 30, 2015 | 14.42% |
| Jan 31, 2015 | 15.37% |
| Oct 31, 2014 | 12.34% |
| Jul 31, 2014 | 12.48% |
| Apr 30, 2014 | 10.84% |
| Jan 31, 2014 | 13.69% |
| Oct 31, 2013 | 11.88% |
| Jul 31, 2013 | 17.59% |
| Apr 30, 2013 | 11.33% |
| Jan 31, 2013 | 23.60% |
| Oct 31, 2012 | 16.06% |
| Jul 31, 2012 | 24.18% |
| Apr 30, 2012 | 35.48% |