Growth Metrics

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

Veeva Systems has reported Operating Margin over the past 15 years, most recently at 29.41% for Q1 2026.

  • For Q1 2026, Operating Margin rose 328.0% year-over-year to 29.41%; the TTM value through Jan 2026 reached 28.68%, up 350.0%, while the annual FY2026 figure was 28.68%, 350.0% up from the prior year.
  • Operating Margin for Q1 2026 was 29.41% at Veeva Systems, down from 29.69% in the prior quarter.
  • Over five years, Operating Margin peaked at 30.79% in Q2 2025 and troughed at 11.69% in Q2 2023.
  • A 5-year average of 23.36% and a median of 24.62% in 2024 define the central range for Operating Margin.
  • Biggest five-year swings in Operating Margin: tumbled -1359bps in 2023 and later skyrocketed 1217bps in 2024.
  • Year by year, Operating Margin stood at 21.98% in 2022, then dropped by -5bps to 20.84% in 2023, then grew by 24bps to 25.94% in 2024, then grew by 14bps to 29.69% in 2025, then decreased by -1bps to 29.41% in 2026.
  • Business Quant data shows Operating Margin for VEEV at 29.41% in Q1 2026, 29.69% in Q4 2025, and 24.83% in Q3 2025.