Veeva Systems (VEEV) Gross Margin (2012 - 2026)
Veeva Systems (VEEV) reported Gross Margin of 75.00% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 0.26 percentage points from 75.26% a year earlier but up 0.02 percentage points from the prior quarter.
Veeva Systems (VEEV) Gross Margin (2012 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Veeva Systems' Gross Margin came in at 74.96%, down 0.63 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 75.53%, up 1.00 percentage points from FY2025.
- Gross Margin has a five-year change of +3.44 percentage points (FY2021 to FY2026).
- By fiscal year, Gross Margin came in at 74.53% in FY2025 (+3.18 pp), 71.35% in FY2024 (-0.38 pp), 71.72% in FY2023 (-1.06 pp) and 72.79% in FY2022 (+0.70 pp).
- Five-year quarterly Gross Margin spans a low of 68.33% in fiscal Q1 2024 and a high of 77.10% in fiscal Q1 2026.
- Year over year, Gross Margin has now declined in each of the last three quarters, with an average year-over-year change of +0.82 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was fiscal Q1 2025 (a gain of 4.93 percentage points); the low point was fiscal Q1 2024 (a drop of 4.04 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 74.98% (Q1 2027), 74.46% (Q4 2026) and 75.41% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 75.00% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 77.21% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 27.04% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 81.74% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 69.43% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 72.62% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 56.53% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 78.70% |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn | 81.99% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 75.00% |
| Apr 30, 2026 | 74.98% |
| Jan 31, 2026 | 74.46% |
| Oct 31, 2025 | 75.41% |
| Jul 31, 2025 | 75.26% |
| Apr 30, 2025 | 77.10% |
| Jan 31, 2025 | 74.89% |
| Oct 31, 2024 | 75.06% |
| Jul 31, 2024 | 74.80% |
| Apr 30, 2024 | 73.26% |
| Jan 31, 2024 | 72.42% |
| Oct 31, 2023 | 72.80% |
| Jul 31, 2023 | 71.36% |
| Apr 30, 2023 | 68.33% |
| Jan 31, 2023 | 70.83% |
| Oct 31, 2022 | 72.14% |
| Jul 31, 2022 | 71.61% |
| Apr 30, 2022 | 72.38% |
| Jan 31, 2022 | 72.01% |
| Oct 31, 2021 | 72.79% |
Veeva Systems Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=VEEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VEEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=VEEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();