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Veeva Systems (VEEV) Operating Expenses (2016 - 2026)

Veeva Systems (VEEV) has 14 years of Operating Expenses data on record, last reported at $370.9 million in Q4 2025.

  • For Q4 2025, Operating Expenses rose 7.99% year-over-year to $370.9 million; the TTM value through Oct 2025 reached $1.5 billion, up 11.04%, while the annual FY2025 figure was $1.4 billion, 7.84% up from the prior year.
  • Operating Expenses reached $370.9 million in Q4 2025 per VEEV's latest filing, down from $397.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $397.9 million in Q3 2025 and bottomed at $184.1 million in Q1 2021.
  • Average Operating Expenses over 5 years is $292.3 million, with a median of $307.6 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: soared 34.75% in 2022, then increased 6.99% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $213.8 million in 2021, then increased by 29.56% to $277.0 million in 2022, then grew by 15.63% to $320.3 million in 2023, then increased by 7.22% to $343.5 million in 2024, then increased by 7.99% to $370.9 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $370.9 million in Q4 2025, $397.9 million in Q3 2025, and $351.5 million in Q2 2025.