Veeva Systems (VEEV) EBT Margin (2012 - 2026)

Veeva Systems' (VEEV) quarterly EBT Margin came in at 39.36% in Q2 2026, down 1.0% year-on-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.

  • On a quarterly basis, EBT Margin fell 1.0% year-over-year to 39.36% in Q2 2026; TTM through Apr 2026 was 37.46%, a 204.0% increase from a year earlier, with the FY2026 full-year figure at 37.38%, up 391.0% from the prior year.
  • EBT Margin grew to 39.36% in Q2 2026 per VEEV's latest filing, from 37.99% in the prior quarter.
  • Across five years, EBT Margin topped out at 39.37% in Q2 2025 and bottomed at 17.44% in Q2 2023.
  • The 5-year median for EBT Margin is 30.39% (2024), against an average of 30.01%.
  • Across the five-year window, EBT Margin slumped 838 bps in 2023 and surged 1438 bps in 2024, its largest moves.
  • Year by year, EBT Margin stood at 24.23% in 2022, then advanced by 14 bps to 27.68% in 2023, then increased by 25 bps to 34.65% in 2024, then increased by 11 bps to 38.56% in 2025, then climbed by 2 bps to 39.36% in 2026.
  • Per Business Quant, the three latest VEEV EBT Margin figures stand at 39.36% (Q2 2026), 37.99% (Q1 2026), and 38.56% (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 39.36%
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 2.29%
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 26.06%
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn -8.52%
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 19.72%
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn -10.99%
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 19.06%
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 22.10%
9 Privia Health 3.10 Bn 2.73 Bn - 1.54%
10 Omnicell 1.81 Bn 1.57 Bn 140.36 Mn 5.46%

Historic Data

Download Data
DateValue
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%