Veeva Systems (VEEV) EBT Margin (2012 - 2026)
Veeva Systems (VEEV) recorded quarterly EBT Margin of 39.36% in Q2 2026, up 3.62% quarter-over-quarter from 37.99% in Q1 2026, and down 1.0% year-on-year from 39.76% in Q2 2025.
Veeva Systems (VEEV) EBT Margin (2012 - 2026) Analysis & Trends
Veeva Systems has disclosed EBT Margin across 15 years of filings, most recently posting 39.36% for Q2 2026.
- For the quarter ending Q2 2026, EBT Margin fell 1.0% year-over-year to 39.36%; the trailing twelve-month figure through Apr 2026 stood at 37.46% (up 204.0% YoY), and the FY2026 full-year result was 37.38%, up 391.0% from the prior year.
- EBT Margin was 39.36% for Q2 2026 at Veeva Systems, up from 37.99% in the prior quarter.
- Over five years, EBT Margin peaked at 39.37% in Q2 2025 and troughed at 17.44% in Q2 2023.
- The 5-year median for EBT Margin is 30.39% (2024), against an average of 30.01%.
- The sharpest annual moves came in 2023 and 2024: EBT Margin plunged 838 bps in 2023, then surged 1438 bps in 2024.
- Year by year, EBT Margin stood at 24.23% in 2022, then rose by 14 bps to 27.68% in 2023, then climbed by 25 bps to 34.65% in 2024, then climbed by 11 bps to 38.56% in 2025, then gained by 2 bps to 39.36% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 39.36% in Q2 2026, 37.99% in Q1 2026, and 38.56% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 39.36% |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 2.29% |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 26.06% |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 19.72% |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | -8.52% |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 22.10% |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 19.06% |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 1.54% |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 5.46% |
| 10 | Teladoc Health | 1.45 Bn | 696.57 Mn | 562.57 Mn | -9.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 39.36% |
| Jan 31, 2026 | 37.99% |
| Oct 31, 2025 | 38.56% |
| Jul 31, 2025 | 33.63% |
| Apr 30, 2025 | 39.37% |
| Jan 31, 2025 | 34.00% |
| Oct 31, 2024 | 34.65% |
| Jul 31, 2024 | 33.28% |
| Apr 30, 2024 | 31.81% |
| Jan 31, 2024 | 28.97% |
| Oct 31, 2023 | 27.68% |
| Jul 31, 2023 | 24.21% |
| Apr 30, 2023 | 17.44% |
| Jan 31, 2023 | 24.03% |
| Oct 31, 2022 | 24.23% |
| Jul 31, 2022 | 20.50% |
| Apr 30, 2022 | 25.81% |
| Jan 31, 2022 | 24.61% |
| Oct 31, 2021 | 28.05% |
| Jul 31, 2021 | 27.72% |