Veeva Systems (VEEV) Free Cash Flow (2012 - 2026)
Veeva Systems (VEEV) posted quarterly Free Cash Flow of $1.1 billion for Q2 2026, up 29.17% year-over-year from $871.2 million in Q2 2025, and up 1027.42% quarter-over-quarter from $99.8 million in Q1 2026.
Veeva Systems (VEEV) Free Cash Flow (2012 - 2026) Analysis & Trends
Veeva Systems' Free Cash Flow history runs 15 years deep, the most recent figure standing at $1.1 billion for Q2 2026.
- In Q2 2026, Free Cash Flow rose 29.17% year-over-year to $1.1 billion; the TTM figure through Apr 2026 stood at $1.6 billion (up 38.33% YoY), while the FY2026 annual figure was $1.4 billion, up 29.6% from the prior year.
- Free Cash Flow for Q2 2026 stood at $1.1 billion, up from $99.8 million in the prior quarter.
- The five-year high for Free Cash Flow was $1.1 billion in Q2 2026, with the low at $50.0 million in Q1 2024.
- The 5-year median for Free Cash Flow is $148.4 million (2022), against an average of $293.5 million.
- The sharpest annual moves came in 2023 and 2024: Free Cash Flow soared 178.49% in 2023, then plunged 64.84% in 2024.
- Veeva Systems' Free Cash Flow stood at $137.1 million in 2022, then tumbled by 44.04% to $76.7 million in 2023, then jumped by 108.44% to $159.8 million in 2024, then advanced by 14.42% to $182.9 million in 2025, then surged by 515.3% to $1.1 billion in 2026.
- Business Quant data shows VEEV's Free Cash Flow at $1.1 billion in Q2 2026, $99.8 million in Q1 2026, and $182.9 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 1.13 Bn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 14.88 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 81.60 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 15.39 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 99.68 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -226.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 43.30 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 39.67 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | - |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 1.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 1.13 Bn |
| Apr 30, 2026 | 1.13 Bn |
| Jan 31, 2026 | 99.82 Mn |
| Jan 31, 2026 | 99.82 Mn |
| Oct 31, 2025 | 182.90 Mn |
| Oct 31, 2025 | 182.90 Mn |
| Jul 31, 2025 | 232.13 Mn |
| Jul 31, 2025 | 232.13 Mn |
| Apr 30, 2025 | 871.25 Mn |
| Apr 30, 2025 | 871.25 Mn |
| Jan 31, 2025 | 64.82 Mn |
| Jan 31, 2025 | 64.82 Mn |
| Oct 31, 2024 | 159.85 Mn |
| Oct 31, 2024 | 159.85 Mn |
| Jul 31, 2024 | 89.82 Mn |
| Jul 31, 2024 | 89.82 Mn |
| Apr 30, 2024 | 755.04 Mn |
| Apr 30, 2024 | 755.04 Mn |
| Jan 31, 2024 | 50.03 Mn |
| Jan 31, 2024 | 50.03 Mn |