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

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

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

Veeva Systems' Operating Expenses history runs 15 years deep, the most recent figure standing at $388.9 million for Q2 2026.

  • On a quarterly basis, Operating Expenses rose 10.65% year-over-year to $388.9 million in Q2 2026; TTM through Apr 2026 was $1.5 billion, a 10.72% increase from a year earlier, with the FY2026 full-year figure at $1.5 billion, up 10.43% from the prior year.
  • Operating Expenses improved to $388.9 million in Q2 2026 per VEEV's latest filing, from $376.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $397.9 million in Q3 2025 and bottomed 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.
  • Across the five-year window, Operating Expenses surged 34.75% in 2022 and gained 6.99% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $277.0 million in 2022, then grew by 15.63% to $320.3 million in 2023, then advanced by 7.22% to $343.5 million in 2024, then advanced by 7.99% to $370.9 million in 2025, then advanced by 4.85% to $388.9 million in 2026.
  • Per Business Quant, the three latest VEEV Operating Expenses figures stand at $388.9 million (Q2 2026), $376.6 million (Q1 2026), and $370.9 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 153.36 Mn
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn 123.22 Mn
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 122.16 Mn
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn 398.00 Mn
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 233.41 Mn
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 101.14 Mn
9 Privia Health 3.10 Bn 2.73 Bn - 596.43 Mn
10 Omnicell 1.81 Bn 1.57 Bn 140.36 Mn 123.51 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