Growth Metrics

Veeva Systems (VEEV) FCF Margin (2016 - 2026)

Veeva Systems (VEEV) has 14 years of FCF Margin data on record, last reported at 22.55% in Q4 2025.

  • For Q4 2025, FCF Margin fell 32.0% year-over-year to 22.55%; the TTM value through Oct 2025 reached 43.86%, up 416.0%, while the annual FY2025 figure was 38.94%, 149.0% up from the prior year.
  • FCF Margin reached 22.55% in Q4 2025 per VEEV's latest filing, down from 29.42% in the prior quarter.
  • Across five years, FCF Margin topped out at 116.1% in Q2 2024 and bottomed at 7.93% in Q1 2024.
  • Average FCF Margin over 5 years is 41.0%, with a median of 23.05% recorded in 2021.
  • Peak YoY movement for FCF Margin: soared 2611bps in 2023, then tumbled -3000bps in 2024.
  • A 5-year view of FCF Margin shows it stood at 23.24% in 2021, then rose by 7bps to 24.81% in 2022, then tumbled by -50bps to 12.44% in 2023, then soared by 84bps to 22.86% in 2024, then fell by -1bps to 22.55% in 2025.
  • Per Business Quant database, its latest 3 readings for FCF Margin were 22.55% in Q4 2025, 29.42% in Q3 2025, and 114.78% in Q2 2025.