Veeva Systems (VEEV) FCF Margin (2012 - 2026)
Veeva Systems' FCF Margin came in at 25.72% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 4.49 percentage points from 30.22% a year earlier and down 101.93 percentage points from the prior quarter.
Veeva Systems (VEEV) FCF Margin (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Veeva Systems reported FCF Margin of 48.16%, up 2.70 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 44.29%, up 4.60 percentage points from FY2025.
- FCF Margin has increased in each of the last three fiscal years, with a five-year change of +6.66 percentage points (FY2021 to FY2026).
- Going back by fiscal year, FCF Margin was 39.69% in FY2025 (+1.13 pp), 38.56% in FY2024 (+2.34 pp), 36.22% in FY2023 (-5.09 pp) and 41.30% in FY2022 (+3.68 pp).
- The five-year range for quarterly FCF Margin is 9.16% (fiscal Q4 2024) to 127.65% (fiscal Q1 2027).
- Year-over-year, FCF Margin increased in six of the last eight quarters, with an average year-over-year change of +4.53 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in fiscal Q2 2024 (a gain of 27.42 percentage points), and the weakest in fiscal Q2 2025 (a drop of 31.17 percentage points).
- Business Quant data shows VEEV's FCF Margin at 127.65% (Q1 2027), 12.78% (Q4 2026) and 23.76% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 25.72% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 12.73% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 6.81% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 41.55% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 23.99% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 27.26% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 30.11% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 8.32% |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn | 15.53% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 25.72% |
| Apr 30, 2026 | 127.65% |
| Jan 31, 2026 | 12.78% |
| Oct 31, 2025 | 23.76% |
| Jul 31, 2025 | 30.22% |
| Apr 30, 2025 | 115.56% |
| Jan 31, 2025 | 9.65% |
| Oct 31, 2024 | 23.47% |
| Jul 31, 2024 | 13.74% |
| Apr 30, 2024 | 117.40% |
| Jan 31, 2024 | 9.16% |
| Oct 31, 2023 | 13.40% |
| Jul 31, 2023 | 44.90% |
| Apr 30, 2023 | 96.13% |
| Jan 31, 2023 | 11.25% |
| Oct 31, 2022 | 25.83% |
| Jul 31, 2022 | 17.48% |
| Apr 30, 2022 | 95.23% |
| Jan 31, 2022 | 11.13% |
| Oct 31, 2021 | 23.24% |
Veeva Systems FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=VEEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "VEEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=VEEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();