Growth Metrics

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

Veeva Systems (VEEV) has 14 years of Operating Margin data on record, last reported at 29.69% in Q4 2025.

  • For Q4 2025, Operating Margin rose 375.0% year-over-year to 29.69%; the TTM value through Oct 2025 reached 27.88%, up 386.0%, while the annual FY2025 figure was 25.17%, 701.0% up from the prior year.
  • Operating Margin reached 29.69% in Q4 2025 per VEEV's latest filing, up from 24.83% in the prior quarter.
  • Across five years, Operating Margin topped out at 30.79% in Q2 2025 and bottomed at 11.69% in Q2 2023.
  • Average Operating Margin over 5 years is 23.87%, with a median of 24.74% recorded in 2025.
  • Peak YoY movement for Operating Margin: tumbled -1359bps in 2023, then skyrocketed 1217bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 27.87% in 2021, then fell by -21bps to 21.98% in 2022, then decreased by -5bps to 20.84% in 2023, then increased by 24bps to 25.94% in 2024, then increased by 14bps to 29.69% in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 29.69% in Q4 2025, 24.83% in Q3 2025, and 30.79% in Q2 2025.