Veeva Systems (VEEV) Tax Rate (2012 - 2026)
Veeva Systems (VEEV) posted Tax Rate of 21.77% for Q3 2026, down 12.62% on a QoQ basis from 24.92% in Q2 2026, and down 274.0% year-over-year from 12.51% in Q3 2025.
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Veeva Systems (VEEV) Tax Rate (2012 - 2026) Analysis & Trends
Veeva Systems has reported Tax Rate for 15 years, with the latest figure at 21.77% in Q3 2026.
- On a quarterly basis, Tax Rate fell 274.0% year-over-year to 21.77% in Q3 2026; TTM through Jul 2026 was 23.55%, a 57.0% increase from a year earlier, with the FY2026 full-year figure at 23.91%, up 159.0% from the prior year.
- Tax Rate was 21.77% for Q3 2026 at Veeva Systems, down from 24.92% in the prior quarter.
- The five-year high for Tax Rate was 24.92% in Q2 2026, with the low at 43.3% in Q2 2023.
- Average Tax Rate over 5 years is 15.23%, with a median of 21.86% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 6652 bps in 2023, then surged 6517 bps in 2024.
- Over 5 years, Tax Rate stood at 18.98% in 2022, then rose by 10 bps to 20.81% in 2023, then climbed by 12 bps to 23.31% in 2024, then gained by 5 bps to 24.48% in 2025, then retreated by 11 bps to 21.77% in 2026.
- The last three Tax Rate figures came in at 21.77% (Q3 2026), 24.92% (Q2 2026), and 23.09% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 21.77% |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 27.54% |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 39.76% |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 32.04% |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 13.41% |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 18.67% |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 4.81% |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 44.81% |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 23.31% |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 40.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 21.77% |
| Apr 30, 2026 | 24.92% |
| Jan 31, 2026 | 23.09% |
| Oct 31, 2025 | 24.48% |
| Jul 31, 2025 | 24.52% |
| Apr 30, 2025 | 23.64% |
| Jan 31, 2025 | 20.20% |
| Oct 31, 2024 | 23.31% |
| Jul 31, 2024 | 24.00% |
| Apr 30, 2024 | 21.86% |
| Jan 31, 2024 | 19.32% |
| Oct 31, 2023 | 20.81% |
| Jul 31, 2023 | 21.87% |
| Apr 30, 2023 | -43.30% |
| Jan 31, 2023 | -39.28% |
| Oct 31, 2022 | 18.98% |
| Jul 31, 2022 | 17.25% |
| Apr 30, 2022 | 23.21% |
| Jan 31, 2022 | 18.73% |
| Oct 31, 2021 | 20.72% |