Veeva Systems (VEEV) Research & Development (2012 - 2026)
Veeva Systems' quarterly Research & Development came in at $198.8 million in Q1 2026, up 9.51% year-on-year from $181.5 million in Q1 2025, and up 3.6% quarter-over-quarter from $191.9 million in Q4 2025.
Veeva Systems has reported Research & Development for 15 years, with the latest figure at $198.8 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 9.51% year-over-year to $198.8 million; the trailing twelve-month figure through Jan 2026 stood at $767.4 million (up 10.72% YoY), and the FY2026 full-year result was $767.4 million, up 10.72% from the prior year.
- Research & Development for Q1 2026 stood at $198.8 million, up from $191.9 million in the prior quarter.
- The five-year high for Research & Development was $198.8 million in Q1 2026, with the low at $105.3 million in Q1 2022.
- Average Research & Development over 5 years is $159.7 million, with a median of $162.7 million recorded in 2024.
- Year-over-year, Research & Development soared 41.21% in 2022 and increased 6.9% in 2024.
- Tracing VEEV's Research & Development over 5 years: 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 gained by 3.6% to $198.8 million in 2026.
- The last three Research & Development figures came in at $198.8 million (Q1 2026), $191.9 million (Q4 2025), and $192.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 198.79 Mn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | - |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 67.77 Mn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 30.34 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 39.11 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 18.37 Mn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 56.85 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | - |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 21.52 Mn |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | 67.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 31, 2021 | 94.90 Mn |
| Apr 30, 2021 | 83.23 Mn |
| Jan 31, 2021 | 81.94 Mn |
| Oct 31, 2020 | 79.99 Mn |
| Jul 31, 2020 | 70.05 Mn |
| Apr 30, 2020 | 62.24 Mn |
| Jan 31, 2020 | 61.20 Mn |
| Oct 31, 2019 | 52.58 Mn |
| Jul 31, 2019 | 51.15 Mn |
| Apr 30, 2019 | 44.97 Mn |
| Jan 31, 2019 | 42.76 Mn |
| Oct 31, 2018 | 40.00 Mn |
| Jul 31, 2018 | 38.83 Mn |
| Apr 30, 2018 | 37.20 Mn |
| Jan 31, 2018 | 36.99 Mn |
| Oct 31, 2017 | 34.04 Mn |
| Jul 31, 2017 | 32.68 Mn |
| Apr 30, 2017 | 28.31 Mn |
| Jan 31, 2017 | 26.10 Mn |
| Oct 31, 2016 | 19.69 Mn |
| Jul 31, 2016 | 23.56 Mn |
| Apr 30, 2016 | 19.35 Mn |
| Jan 31, 2016 | 20.10 Mn |
| Oct 31, 2015 | 18.74 Mn |
| Jul 31, 2015 | 15.26 Mn |
| Apr 30, 2015 | 12.96 Mn |
| Jan 31, 2015 | 11.74 Mn |
| Oct 31, 2014 | 16.01 Mn |
| Jul 31, 2014 | 9.79 Mn |
| Apr 30, 2014 | 8.99 Mn |
| Jan 31, 2014 | 7.86 Mn |
| Oct 31, 2013 | 6.59 Mn |
| Jul 31, 2013 | 6.36 Mn |
| Apr 30, 2013 | 5.53 Mn |
| Jan 31, 2013 | 4.69 Mn |
| Oct 31, 2012 | 10.70 Mn |
| Jul 31, 2012 | 3.29 Mn |
| Apr 30, 2012 | 3.06 Mn |