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

Veeva Systems (VEEV) recorded quarterly FCF Margin of 127.46% in Q2 2026, up 967.41% quarter-over-quarter from 11.94% in Q1 2026, and up 1267.0% year-on-year from 9.32% in Q2 2025.

Veeva Systems (VEEV) FCF Margin (2012 - 2026) Analysis & Trends

Veeva Systems has disclosed FCF Margin across 15 years of filings, most recently posting 127.46% for Q2 2026.

  • For the quarter ending Q2 2026, FCF Margin rose 1267.0% year-over-year to 127.46%; the trailing twelve-month figure through Apr 2026 stood at 49.42% (up 789.0% YoY), and the FY2026 full-year result was 43.38%, up 444.0% from the prior year.
  • FCF Margin was 127.46% for Q2 2026 at Veeva Systems, up from 11.94% in the prior quarter.
  • Over five years, FCF Margin peaked at 127.46% in Q2 2026 and troughed at 7.93% in Q1 2024.
  • The 5-year median for FCF Margin is 22.7% (2024), against an average of 43.57%.
  • The sharpest annual moves came in 2023 and 2024: FCF Margin surged 2611 bps in 2023, then slumped 3000 bps in 2024.
  • Year by year, FCF Margin stood at 24.81% in 2022, then slumped by 50 bps to 12.44% in 2023, then jumped by 84 bps to 22.86% in 2024, then dropped by 1 bps to 22.55% in 2025, then soared by 465 bps to 127.46% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 127.46% in Q2 2026, 11.94% in Q1 2026, and 22.55% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 127.46%
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 3.30%
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 23.01%
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 23.62%
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 17.24%
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 73.79%
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 22.17%
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn -8.19%
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 13.57%
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn -4.02%

Historic Data

Download Data
DateValue
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%
Jul 31, 2021 24.97%