Veeva Systems (VEEV) EBT Margin (2012 - 2026)
Veeva Systems (VEEV) posted quarterly EBT Margin of 39.36% for Q2 2026, down 1.0% year-over-year from 39.76% in Q2 2025, and up 3.62% quarter-over-quarter from 37.99% in Q1 2026.
Veeva Systems (VEEV) EBT Margin (2012 - 2026) Analysis & Trends
Veeva Systems' EBT Margin history runs 15 years deep, the most recent figure standing at 39.36% for Q2 2026.
- In Q2 2026, EBT Margin fell 1.0% year-over-year to 39.36%; the TTM figure through Apr 2026 stood at 37.46% (up 204.0% YoY), while the FY2026 annual figure was 37.38%, up 391.0% from the prior year.
- EBT Margin for Q2 2026 stood at 39.36%, up from 37.99% in the prior quarter.
- The five-year high for EBT Margin was 39.37% in Q2 2025, with the low 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 sank 838 bps in 2023, then surged 1438 bps in 2024.
- Veeva Systems' EBT Margin stood at 24.23% in 2022, then gained by 14 bps to 27.68% in 2023, then grew by 25 bps to 34.65% in 2024, then grew by 11 bps to 38.56% in 2025, then advanced by 2 bps to 39.36% in 2026.
- Business Quant data shows VEEV's EBT Margin at 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 | 39.72 Bn | 32.40 Bn | 662.02 Mn | 39.36% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 2.41% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 26.06% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -12.34% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 20.88% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -10.99% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 17.64% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 25.77% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -24.53% |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 2.65% |
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% |