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

Veeva Systems (VEEV) recorded quarterly Research & Development of $208.3 million in Q2 2026, up 4.79% quarter-over-quarter from $198.8 million in Q1 2026, and up 13.2% year-on-year from $184.0 million in Q2 2025.

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

Veeva Systems has disclosed Research & Development across 15 years of filings, most recently posting $208.3 million for Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 13.2% year-over-year to $208.3 million; the trailing twelve-month figure through Apr 2026 stood at $791.7 million (up 10.82% YoY), and the FY2026 full-year result was $767.4 million, up 10.72% from the prior year.
  • Research & Development was $208.3 million for Q2 2026 at Veeva Systems, up from $198.8 million in the prior quarter.
  • Over five years, Research & Development peaked at $208.3 million in Q2 2026 and troughed at $105.3 million in Q1 2022.
  • The 5-year median for Research & Development is $163.1 million (2024), against an average of $162.4 million.
  • The sharpest annual moves came in 2022 and 2024: Research & Development soared 41.21% in 2022, then increased 6.9% in 2024.
  • Year by year, Research & Development stood at $130.3 million in 2022, then advanced by 23.82% to $161.3 million in 2023, then gained by 6.9% to $172.4 million in 2024, then climbed by 11.29% to $191.9 million in 2025, then rose by 8.57% to $208.3 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $208.3 million in Q2 2026, $198.8 million in Q1 2026, and $191.9 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 208.32 Mn
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn -
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 67.77 Mn
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 30.34 Mn
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 56.85 Mn
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 39.11 Mn
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 18.37 Mn
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn -
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 21.52 Mn
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn 67.87 Mn

Historic Data

Download Data
DateValue
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
Jul 31, 2021 94.90 Mn