Growth Metrics

Veeva Systems (VEEV) Research & Development (2016 - 2026)

Veeva Systems (VEEV) has 14 years of Research & Development data on record, last reported at $192.7 million in Q3 2025.

  • For Q3 2025, Research & Development changed N/A year-over-year to $192.7 million; the TTM value through Jul 2025 reached $711.8 million, changed N/A, while the annual FY2024 figure was $629.0 million, 20.9% up from the prior year.
  • Research & Development reached $192.7 million in Q3 2025 per VEEV's latest filing, up from $184.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $192.7 million in Q3 2025 and bottomed at $81.9 million in Q1 2021.
  • Average Research & Development over 5 years is $138.2 million, with a median of $142.5 million recorded in 2023.
  • Peak YoY movement for Research & Development: skyrocketed 41.21% in 2022, then grew 10.72% in 2024.
  • A 5-year view of Research & Development shows it stood at $94.9 million in 2021, then soared by 37.26% to $130.3 million in 2022, then grew by 20.71% to $157.2 million in 2023, then grew by 9.66% to $172.4 million in 2024, then rose by 11.75% to $192.7 million in 2025.
  • Per Business Quant database, its latest 3 readings for Research & Development were $192.7 million in Q3 2025, $184.0 million in Q2 2025, and $172.4 million in Q4 2024.