Veeva Systems (VEEV) EBITDA Margin (2012 - 2026)
Veeva Systems (VEEV) recorded quarterly EBITDA Margin of 26.39% in Q2 2026, down 9.02% quarter-over-quarter from 29.0% in Q1 2026, and down 596.0% year-on-year from 5.32% in Q2 2025.
Veeva Systems (VEEV) EBITDA Margin (2012 - 2026) Analysis & Trends
Veeva Systems has disclosed EBITDA Margin across 15 years of filings, most recently posting 26.39% for Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin fell 596.0% year-over-year to 26.39%; the trailing twelve-month figure through Apr 2026 stood at 27.5% (down 122.0% YoY), and the FY2026 full-year result was 28.96%, up 288.0% from the prior year.
- EBITDA Margin was 26.39% for Q2 2026 at Veeva Systems, down from 29.0% in the prior quarter.
- Over five years, EBITDA Margin peaked at 36.04% in Q1 2023 and troughed at 16.32% in Q4 2022.
- The 5-year median for EBITDA Margin is 26.2% (2026), against an average of 24.65%.
- The sharpest annual moves came in 2022 and 2023: EBITDA Margin sank 850 bps in 2022, then jumped 1732 bps in 2023.
- Year by year, EBITDA Margin stood at 16.32% in 2022, then soared by 31 bps to 21.41% in 2023, then gained by 24 bps to 26.45% in 2024, then climbed by 16 bps to 30.58% in 2025, then slipped by 14 bps to 26.39% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 26.39% in Q2 2026, 29.0% in Q1 2026, and 30.58% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 26.39% |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 3.36% |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 29.03% |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 19.09% |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | -11.30% |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 17.08% |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 27.87% |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 1.25% |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 5.44% |
| 10 | Teladoc Health | 1.45 Bn | 696.57 Mn | 562.57 Mn | -10.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 26.39% |
| 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% |