Veeva Systems (VEEV) Operating Expenses (2012 - 2026)

Veeva Systems (VEEV) recorded quarterly Operating Expenses of $388.9 million in Q2 2026, up 3.27% quarter-over-quarter from $376.6 million in Q1 2026, and up 10.65% year-on-year from $351.5 million in Q2 2025.

Veeva Systems (VEEV) Operating Expenses (2012 - 2026) Analysis & Trends

Veeva Systems has disclosed Operating Expenses across 15 years of filings, most recently posting $388.9 million for Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 10.65% year-over-year to $388.9 million; the trailing twelve-month figure through Apr 2026 stood at $1.5 billion (up 10.72% YoY), and the FY2026 full-year result was $1.5 billion, up 10.43% from the prior year.
  • Operating Expenses was $388.9 million for Q2 2026 at Veeva Systems, up from $376.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $397.9 million in Q3 2025 and troughed at $229.9 million in Q1 2022.
  • The 5-year median for Operating Expenses is $321.4 million (2024), against an average of $323.0 million.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 34.75% in 2022, then gained 6.99% in 2024.
  • Year by year, Operating Expenses stood at $277.0 million in 2022, then advanced by 15.63% to $320.3 million in 2023, then rose by 7.22% to $343.5 million in 2024, then rose by 7.99% to $370.9 million in 2025, then rose by 4.85% to $388.9 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $388.9 million in Q2 2026, $376.6 million in Q1 2026, and $370.9 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 153.36 Mn
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 122.16 Mn
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 123.22 Mn
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 101.14 Mn
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 233.41 Mn
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 596.43 Mn
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 123.51 Mn
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn 675.61 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 388.91 Mn
Jan 31, 2026 376.60 Mn
Oct 31, 2025 370.92 Mn
Jul 31, 2025 397.92 Mn
Apr 30, 2025 351.49 Mn
Jan 31, 2025 351.47 Mn
Oct 31, 2024 343.47 Mn
Jul 31, 2024 339.32 Mn
Apr 30, 2024 321.29 Mn
Jan 31, 2024 321.43 Mn
Oct 31, 2023 320.33 Mn
Jul 31, 2023 317.16 Mn
Apr 30, 2023 298.13 Mn
Jan 31, 2023 290.15 Mn
Oct 31, 2022 277.04 Mn
Jul 31, 2022 281.46 Mn
Apr 30, 2022 237.92 Mn
Jan 31, 2022 229.90 Mn
Oct 31, 2021 213.84 Mn
Jul 31, 2021 208.87 Mn