Veeva Systems (VEEV) EBITDA Margin (2012 - 2026)
Veeva Systems' (VEEV) quarterly EBITDA Margin came in at 30.93% in Q2 2026, up 14.0% year-on-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.
- On a quarterly basis, EBITDA Margin rose 14.0% year-over-year to 30.93% in Q2 2026; TTM through Apr 2026 was 28.79%, a 183.0% increase from a year earlier, with the FY2026 full-year figure at 28.68%, up 350.0% from the prior year.
- EBITDA Margin improved to 30.93% in Q2 2026 per VEEV's latest filing, from 29.41% in the prior quarter.
- Across five years, EBITDA Margin topped out at 30.93% in Q2 2026 and bottomed at 11.69% in Q2 2023.
- The 5-year median for EBITDA Margin is 24.64% (2022), against an average of 23.78%.
- Across the five-year window, EBITDA Margin tumbled 1359 bps in 2023 and soared 1217 bps in 2024, its largest moves.
- Year by year, EBITDA Margin stood at 21.98% in 2022, then decreased by 5 bps to 20.84% in 2023, then increased by 24 bps to 25.94% in 2024, then increased by 14 bps to 29.69% in 2025, then grew by 4 bps to 30.93% in 2026.
- Per Business Quant, the three latest VEEV EBITDA Margin figures stand at 30.93% (Q2 2026), 29.41% (Q1 2026), and 29.69% (Q4 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.89 Bn | 24.57 Bn | 662.02 Mn | 30.93% |
| 2 | BrightSpring Health Services | 14.72 Bn | 13.81 Bn | 482.22 Mn | 3.36% |
| 3 | Healthequity | 8.31 Bn | 8.05 Bn | 256.31 Mn | 29.03% |
| 4 | Hinge Health | 5.98 Bn | 5.66 Bn | 154.23 Mn | 17.59% |
| 5 | 10x Genomics | 5.89 Bn | 5.35 Bn | 106.18 Mn | -11.30% |
| 6 | MiniMed | 4.54 Bn | 4.24 Bn | 480.00 Mn | -11.11% |
| 7 | Waystar Holding | 4.48 Bn | 4.41 Bn | 216.84 Mn | 25.64% |
| 8 | Doximity | 3.95 Bn | 3.20 Bn | 125.97 Mn | 17.08% |
| 9 | Privia Health | 3.16 Bn | 2.74 Bn | - | 1.23% |
| 10 | Omnicell | 1.88 Bn | 1.64 Bn | 140.36 Mn | 5.44% |
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% |