Veeva Systems (VEEV) FCF Margin (2012 - 2026)
Veeva Systems (VEEV) posted FCF Margin of 24.86% for Q3 2026, down 80.5% on a QoQ basis from 127.46% in Q2 2026, and down 456.0% year-over-year from 6.98% in Q3 2025.
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Veeva Systems (VEEV) FCF Margin (2012 - 2026) Analysis & Trends
Veeva Systems has reported FCF Margin for 15 years, with the latest figure at 24.86% in Q3 2026.
- On a quarterly basis, FCF Margin fell 456.0% year-over-year to 24.86% in Q3 2026; TTM through Jul 2026 was 47.39%, a 265.0% increase from a year earlier, with the FY2026 full-year figure at 43.38%, up 444.0% from the prior year.
- FCF Margin was 24.86% for Q3 2026 at Veeva Systems, down from 127.46% in the prior quarter.
- The five-year high for FCF Margin was 127.46% in Q2 2026, with the low at 7.93% in Q1 2024.
- Average FCF Margin over 5 years is 42.58%, with a median of 22.86% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: FCF Margin jumped 2611 bps in 2023, then tumbled 3000 bps in 2024.
- Over 5 years, FCF Margin stood at 24.81% in 2022, then sank by 50 bps to 12.44% in 2023, then jumped by 84 bps to 22.86% in 2024, then retreated by 1 bps to 22.55% in 2025, then grew by 10 bps to 24.86% in 2026.
- The last three FCF Margin figures came in at 24.86% (Q3 2026), 127.46% (Q2 2026), and 11.94% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 24.86% |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 13.54% |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 25.33% |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 28.83% |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 13.26% |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | -58.47% |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 3.18% |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 33.32% |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 7.05% |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 11.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 24.86% |
| Apr 30, 2026 | 127.46% |
| Jan 31, 2026 | 11.94% |
| Oct 31, 2025 | 22.55% |
| Jul 31, 2025 | 29.42% |
| Apr 30, 2025 | 114.78% |
| Jan 31, 2025 | 8.99% |
| Oct 31, 2024 | 22.86% |
| Jul 31, 2024 | 13.28% |
| Apr 30, 2024 | 116.10% |
| Jan 31, 2024 | 7.93% |
| Oct 31, 2023 | 12.44% |
| Jul 31, 2023 | 43.28% |
| Apr 30, 2023 | 95.56% |
| Jan 31, 2023 | 10.56% |
| Oct 31, 2022 | 24.81% |
| Jul 31, 2022 | 17.17% |
| Apr 30, 2022 | 94.77% |
| Jan 31, 2022 | 10.33% |
| Oct 31, 2021 | 23.24% |