Veeva Systems (VEEV) Free Cash Flow (2012 - 2026)
Veeva Systems (VEEV) posted Free Cash Flow of $230.7 million for Q3 2026, down 79.5% on a QoQ basis from $1.1 billion in Q2 2026, and down 0.62% year-over-year from $232.1 million in Q3 2025.
Analysis
Veeva Systems (VEEV) Free Cash Flow (2012 - 2026) Analysis & Trends
Veeva Systems has reported Free Cash Flow for 15 years, with the latest figure at $230.7 million in Q3 2026.
- On a quarterly basis, Free Cash Flow fell 0.62% year-over-year to $230.7 million in Q3 2026; TTM through Jul 2026 was $1.6 billion, a 23.4% increase from a year earlier, with the FY2026 full-year figure at $1.4 billion, up 29.6% from the prior year.
- Free Cash Flow was $230.7 million for Q3 2026 at Veeva Systems, down from $1.1 billion 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.
- Average Free Cash Flow over 5 years is $290.2 million, with a median of $159.8 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Free Cash Flow surged 178.49% in 2023, then plunged 64.84% in 2024.
- Over 5 years, Free Cash Flow stood at $137.1 million in 2022, then tumbled by 44.04% to $76.7 million in 2023, then soared by 108.44% to $159.8 million in 2024, then grew by 14.42% to $182.9 million in 2025, then rose by 26.13% to $230.7 million in 2026.
- The last three Free Cash Flow figures came in at $230.7 million (Q3 2026), $1.1 billion (Q2 2026), and $99.8 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 230.69 Mn |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 43.30 Mn |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 39.67 Mn |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 82.45 Mn |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 20.15 Mn |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | -34.43 Mn |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 2.97 Mn |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 66.79 Mn |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 5.91 Mn |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 14.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 230.69 Mn |
| Apr 30, 2026 | 1.13 Bn |
| Jan 31, 2026 | 99.82 Mn |
| Oct 31, 2025 | 182.90 Mn |
| Jul 31, 2025 | 232.13 Mn |
| Apr 30, 2025 | 871.25 Mn |
| Jan 31, 2025 | 64.82 Mn |
| Oct 31, 2024 | 159.85 Mn |
| Jul 31, 2024 | 89.82 Mn |
| Apr 30, 2024 | 755.04 Mn |
| Jan 31, 2024 | 50.03 Mn |
| Oct 31, 2023 | 76.69 Mn |
| Jul 31, 2023 | 255.44 Mn |
| Apr 30, 2023 | 502.98 Mn |
| Jan 31, 2023 | 59.49 Mn |
| Oct 31, 2022 | 137.05 Mn |
| Jul 31, 2022 | 91.72 Mn |
| Apr 30, 2022 | 478.69 Mn |
| Jan 31, 2022 | 50.14 Mn |
| Oct 31, 2021 | 110.65 Mn |