Growth Metrics

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

Veeva Systems (VEEV) has 14 years of Gross Margin data on record, last reported at 75.41% in Q4 2025.

  • For Q4 2025, Gross Margin rose 35.0% year-over-year to 75.41%; the TTM value through Oct 2025 reached 75.67%, up 174.0%, while the annual FY2025 figure was 74.53%, 318.0% up from the prior year.
  • Gross Margin reached 75.41% in Q4 2025 per VEEV's latest filing, roughly flat from 75.26% in the prior quarter.
  • Across five years, Gross Margin topped out at 77.1% in Q2 2025 and bottomed at 68.33% in Q2 2023.
  • Average Gross Margin over 5 years is 73.01%, with a median of 72.79% recorded in 2021.
  • Peak YoY movement for Gross Margin: tumbled -404bps in 2023, then skyrocketed 493bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 72.79% in 2021, then fell by -1bps to 72.14% in 2022, then rose by 1bps to 72.8% in 2023, then rose by 3bps to 75.06% in 2024, then increased by 0bps to 75.41% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 75.41% in Q4 2025, 75.26% in Q3 2025, and 77.1% in Q2 2025.