Veeva Systems (VEEV) Free Cash Flow (2012 - 2026)
Veeva Systems' (VEEV) quarterly Free Cash Flow came in at $1.1 billion in Q2 2026, up 29.17% year-on-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.
- On a quarterly basis, Free Cash Flow rose 29.17% year-over-year to $1.1 billion in Q2 2026; TTM through Apr 2026 was $1.6 billion, a 38.33% 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 improved to $1.1 billion in Q2 2026 per VEEV's latest filing, from $99.8 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $1.1 billion in Q2 2026 and bottomed 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.
- Across the five-year window, Free Cash Flow soared 178.49% in 2023 and sank 64.84% in 2024, its largest moves.
- Year by year, Free Cash Flow stood at $137.1 million in 2022, then slumped by 44.04% to $76.7 million in 2023, then surged by 108.44% to $159.8 million in 2024, then climbed by 14.42% to $182.9 million in 2025, then soared by 515.3% to $1.1 billion in 2026.
- Per Business Quant, the three latest VEEV Free Cash Flow figures stand at $1.1 billion (Q2 2026), $99.8 million (Q1 2026), and $182.9 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 1.13 Bn |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 101.40 Mn |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 81.60 Mn |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | 26.00 Mn |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 43.00 Mn |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | -226.00 Mn |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 69.59 Mn |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 116.17 Mn |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | -48.49 Mn |
| 10 | Omnicell | 1.81 Bn | 1.57 Bn | 140.36 Mn | 55.80 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 |