Veeva Systems (VEEV) Research & Development (2012 - 2026)
Veeva Systems (VEEV) posted quarterly Research & Development of $208.3 million for Q2 2026, up 13.2% year-over-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.
- In Q2 2026, Research & Development rose 13.2% year-over-year to $208.3 million; the TTM figure through Apr 2026 stood at $369.8 million (down 23.5% YoY), while the FY2026 annual figure was $428.8 million, up 8.08% from the prior year.
- Research & Development for Q2 2026 stood at $208.3 million, up from -$139.8 million in the prior quarter.
- The five-year high for Research & Development was $208.3 million in Q2 2026, with the low 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.
- The sharpest annual moves came in 2025 and 2026: Research & Development soared 218.11% in 2025, then tumbled 240.92% in 2026.
- Veeva Systems' Research & Development stood at $93.9 million in 2022, then surged by 71.74% to $161.3 million in 2023, then tumbled by 38.8% to $98.7 million in 2024, then jumped by 94.42% to $191.9 million in 2025, then gained by 8.57% to $208.3 million in 2026.
- Business Quant data shows VEEV's Research & Development at $208.3 million in Q2 2026, -$139.8 million in Q1 2026, and $191.9 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 208.32 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | - |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 26.83 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 56.79 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 81.41 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 99.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 50.38 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 45.05 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 30.58 Mn |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 8.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |