Veeva Systems (VEEV) Net Cash Flow (2012 - 2026)
Veeva Systems (VEEV) posted quarterly Net Cash Flow of $475.9 million for Q2 2026, down 43.71% year-over-year from $845.4 million in Q2 2025, and up 299.15% quarter-over-quarter from -$239.0 million in Q1 2026.
Analysis
Veeva Systems (VEEV) Net Cash Flow (2012 - 2026) Analysis & Trends
Veeva Systems' Net Cash Flow history runs 15 years deep, the most recent figure standing at $475.9 million for Q2 2026.
- In Q2 2026, Net Cash Flow fell 43.71% year-over-year to $475.9 million; the TTM figure through Apr 2026 stood at -$68.0 million (down 108.87% YoY), while the FY2026 annual figure was $301.5 million, down 27.52% from the prior year.
- Net Cash Flow for Q2 2026 stood at $475.9 million, up from -$239.0 million in the prior quarter.
- The five-year high for Net Cash Flow was $845.4 million in Q2 2025, with the low at -$351.3 million in Q3 2023.
- The 5-year median for Net Cash Flow is -$22.1 million (2022), against an average of $41.9 million.
- The sharpest annual moves came in 2024 and 2025: Net Cash Flow tumbled 5179.62% in 2024, then soared 289.41% in 2025.
- Veeva Systems' Net Cash Flow stood at -$273.6 million in 2022, then surged by 100.87% to $2.4 million in 2023, then sank by 5179.62% to -$121.1 million in 2024, then slumped by 122.7% to -$269.8 million in 2025, then surged by 276.38% to $475.9 million in 2026.
- Business Quant data shows VEEV's Net Cash Flow at $475.9 million in Q2 2026, -$239.0 million in Q1 2026, and -$269.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 46.14 Bn | 38.90 Bn | 695.95 Mn | -84.14 Mn |
| 2 | BrightSpring Health Services | 12.64 Bn | 12.07 Bn | 492.75 Mn | -338.42 Mn |
| 3 | Tempus AI | 11.63 Bn | 10.82 Bn | 274.25 Mn | 78.50 Mn |
| 4 | Healthequity | 8.23 Bn | 7.98 Bn | 257.95 Mn | -9.37 Mn |
| 5 | 10x Genomics | 8.23 Bn | 7.68 Bn | 112.50 Mn | 12.26 Mn |
| 6 | Hinge Health | 7.20 Bn | 6.81 Bn | 183.95 Mn | 99.55 Mn |
| 7 | MiniMed | 6.10 Bn | 5.81 Bn | 480.00 Mn | 286.00 Mn |
| 8 | Waystar Holding | 4.99 Bn | 4.80 Bn | 221.99 Mn | -17.29 Mn |
| 9 | Doximity | 4.92 Bn | 4.23 Bn | 132.93 Mn | 54.43 Mn |
| 10 | Heartflow | 4.30 Bn | 3.92 Bn | 53.19 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -84.14 Mn |
| Apr 30, 2026 | 475.88 Mn |
| Jan 31, 2026 | -238.95 Mn |
| Oct 31, 2025 | -269.80 Mn |
| Jul 31, 2025 | -35.15 Mn |
| Apr 30, 2025 | 845.43 Mn |
| Jan 31, 2025 | 74.66 Mn |
| Oct 31, 2024 | -121.15 Mn |
| Jul 31, 2024 | -32.45 Mn |
| Apr 30, 2024 | 494.97 Mn |
| Jan 31, 2024 | -39.42 Mn |
| Oct 31, 2023 | 2.39 Mn |
| Jul 31, 2023 | -351.32 Mn |
| Apr 30, 2023 | 207.15 Mn |
| Jan 31, 2023 | 21.89 Mn |
| Oct 31, 2022 | -273.61 Mn |
| Jul 31, 2022 | -98.70 Mn |
| Apr 30, 2022 | 103.83 Mn |
| Jan 31, 2022 | -11.66 Mn |
| Oct 31, 2021 | 86.68 Mn |