Veeva Systems (VEEV) Net Margin (2012 - 2026)

Veeva Systems (VEEV) recorded quarterly Net Margin of 29.55% in Q2 2026, up 1.16% quarter-over-quarter from 29.21% in Q1 2026, and down 51.0% year-on-year from 60.31% in Q2 2025.

Veeva Systems (VEEV) Net Margin (2012 - 2026) Analysis & Trends

Veeva Systems has disclosed Net Margin across 15 years of filings, most recently posting 29.55% for Q2 2026.

  • For the quarter ending Q2 2026, Net Margin fell 51.0% year-over-year to 29.55%; the trailing twelve-month figure through Apr 2026 stood at 28.37% (up 103.0% YoY), and the FY2026 full-year result was 28.44%, up 244.0% from the prior year.
  • Net Margin was 29.55% for Q2 2026 at Veeva Systems, up from 29.21% in the prior quarter.
  • Over five years, Net Margin peaked at 33.46% in Q1 2023 and troughed at 16.96% in Q3 2022.
  • The 5-year median for Net Margin is 25.14% (2023), against an average of 24.79%.
  • The sharpest annual moves came in 2023 and 2024: Net Margin jumped 1346 bps in 2023, then plunged 1009 bps in 2024.
  • Year by year, Net Margin stood at 19.64% in 2022, then grew by 12 bps to 21.92% in 2023, then advanced by 21 bps to 26.57% in 2024, then increased by 10 bps to 29.12% in 2025, then climbed by 1 bps to 29.55% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 29.55% in Q2 2026, 29.21% in Q1 2026, and 29.12% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 29.55%
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 2.06%
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 19.57%
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 18.66%
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn -8.93%
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 13.15%
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 13.80%
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 0.61%
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 3.68%
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn -10.40%

Historic Data

Download Data
DateValue
Apr 30, 2026 29.55%
Jan 31, 2026 29.21%
Oct 31, 2025 29.12%
Jul 31, 2025 25.39%
Apr 30, 2025 30.06%
Jan 31, 2025 27.14%
Oct 31, 2024 26.57%
Jul 31, 2024 25.30%
Apr 30, 2024 24.86%
Jan 31, 2024 23.37%
Oct 31, 2023 21.92%
Jul 31, 2023 18.91%
Apr 30, 2023 24.99%
Jan 31, 2023 33.46%
Oct 31, 2022 19.64%
Jul 31, 2022 16.96%
Apr 30, 2022 19.82%
Jan 31, 2022 20.00%
Oct 31, 2021 22.24%
Jul 31, 2021 23.89%