Veeva Systems (VEEV) Research & Development (2012 - 2026)

Veeva Systems' (VEEV) quarterly Research & Development came in at $208.3 million in Q2 2026, up 13.2% year-on-year from $184.0 million in Q2 2025, and up 249.02% quarter-over-quarter from -$139.8 million in Q1 2026.

Veeva Systems (VEEV) Research & Development (2012 - 2026) Analysis & Trends

Veeva Systems' Research & Development history runs 15 years deep, the most recent figure standing at $208.3 million for Q2 2026.

  • On a quarterly basis, Research & Development rose 13.2% year-over-year to $208.3 million in Q2 2026; TTM through Apr 2026 was $369.8 million, a 23.5% decrease from a year earlier, with the FY2026 full-year figure at $428.8 million, up 8.08% from the prior year.
  • Research & Development climbed to $208.3 million in Q2 2026 per VEEV's latest filing, from -$139.8 million in the prior quarter.
  • Across five years, Research & Development topped out at $208.3 million in Q2 2026 and bottomed at -$139.8 million in Q1 2026.
  • The 5-year median for Research & Development is $100.4 million (2024), against an average of $101.4 million.
  • Across the five-year window, Research & Development soared 218.11% in 2025 and plunged 240.92% in 2026, its largest moves.
  • Year by year, Research & Development stood at $93.9 million in 2022, then soared by 71.74% to $161.3 million in 2023, then slumped by 38.8% to $98.7 million in 2024, then surged by 94.42% to $191.9 million in 2025, then advanced by 8.57% to $208.3 million in 2026.
  • Per Business Quant, the three latest VEEV Research & Development figures stand at $208.3 million (Q2 2026), -$139.8 million (Q1 2026), and $191.9 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 208.32 Mn
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn -
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 26.83 Mn
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn 56.85 Mn
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 30.34 Mn
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn 99.00 Mn
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 45.83 Mn
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 39.11 Mn
9 Privia Health 3.10 Bn 2.73 Bn - 8.13 Mn
10 Omnicell 1.81 Bn 1.57 Bn 140.36 Mn 21.52 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 208.32 Mn
Jan 31, 2026 -139.80 Mn
Oct 31, 2025 191.88 Mn
Jul 31, 2025 109.44 Mn
Apr 30, 2025 184.03 Mn
Jan 31, 2025 99.20 Mn
Oct 31, 2024 98.70 Mn
Jul 31, 2024 101.53 Mn
Apr 30, 2024 162.71 Mn
Jan 31, 2024 -83.99 Mn
Oct 31, 2023 161.28 Mn
Jul 31, 2023 157.23 Mn
Apr 30, 2023 146.96 Mn
Jan 31, 2023 89.05 Mn
Oct 31, 2022 93.91 Mn
Jul 31, 2022 89.62 Mn
Apr 30, 2022 76.12 Mn
Jan 31, 2022 79.24 Mn
Oct 31, 2021 98.64 Mn
Jul 31, 2021 71.79 Mn