Veeva Systems (VEEV) Research & Development (2012 - 2026)
Veeva Systems (VEEV) posted Research & Development of $222.9 million for Q3 2026, up 7.01% on a QoQ basis from $208.3 million in Q2 2026, and up 15.7% year-over-year from $192.7 million in Q3 2025.
Analysis
Veeva Systems (VEEV) Research & Development (2012 - 2026) Analysis & Trends
Veeva Systems has reported Research & Development for 15 years, with the latest figure at $222.9 million in Q3 2026.
- On a quarterly basis, Research & Development rose 15.7% year-over-year to $222.9 million in Q3 2026; TTM through Jul 2026 was $821.9 million, a 12.49% increase from a year earlier, with the FY2026 full-year figure at $767.4 million, up 10.72% from the prior year.
- Research & Development was $222.9 million for Q3 2026 at Veeva Systems, up from $208.3 million in the prior quarter.
- The five-year high for Research & Development was $222.9 million in Q3 2026, with the low at $105.3 million in Q1 2022.
- Average Research & Development over 5 years is $165.6 million, with a median of $163.6 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Research & Development surged 41.21% in 2022, then grew 6.9% in 2024.
- Over 5 years, Research & Development stood at $130.3 million in 2022, then increased by 23.82% to $161.3 million in 2023, then grew by 6.9% to $172.4 million in 2024, then rose by 11.29% to $191.9 million in 2025, then advanced by 16.17% to $222.9 million in 2026.
- The last three Research & Development figures came in at $222.9 million (Q3 2026), $208.3 million (Q2 2026), and $198.8 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 222.92 Mn |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 50.38 Mn |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 45.05 Mn |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 52.99 Mn |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 33.72 Mn |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 41.00 Mn |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 14.98 Mn |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 81.99 Mn |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 13.58 Mn |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 27.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 222.92 Mn |
| Apr 30, 2026 | 208.32 Mn |
| Jan 31, 2026 | 198.79 Mn |
| Oct 31, 2025 | 191.88 Mn |
| Jul 31, 2025 | 192.68 Mn |
| Apr 30, 2025 | 184.03 Mn |
| Jan 31, 2025 | 181.53 Mn |
| Oct 31, 2024 | 172.41 Mn |
| Jul 31, 2024 | 176.43 Mn |
| Apr 30, 2024 | 162.71 Mn |
| Jan 31, 2024 | 163.57 Mn |
| Oct 31, 2023 | 161.28 Mn |
| Jul 31, 2023 | 157.23 Mn |
| Apr 30, 2023 | 146.96 Mn |
| Jan 31, 2023 | 142.54 Mn |
| Oct 31, 2022 | 130.26 Mn |
| Jul 31, 2022 | 134.01 Mn |
| Apr 30, 2022 | 113.48 Mn |
| Jan 31, 2022 | 105.28 Mn |
| Oct 31, 2021 | 98.64 Mn |