Veeva Systems (VEEV) Tax Rate (2012 - 2026)

Veeva Systems' (VEEV) quarterly Tax Rate came in at 24.92% in Q2 2026, up 128.0% year-on-year from 10.93% in Q2 2025, and up 7.89% quarter-over-quarter from 23.09% in Q1 2026.

Veeva Systems (VEEV) Tax Rate (2012 - 2026) Analysis & Trends

Veeva Systems' Tax Rate history runs 15 years deep, the most recent figure standing at 24.92% for Q2 2026.

  • On a quarterly basis, Tax Rate rose 128.0% year-over-year to 24.92% in Q2 2026; TTM through Apr 2026 was 24.26%, a 145.0% increase from a year earlier, with the FY2026 full-year figure at 23.91%, up 159.0% from the prior year.
  • Tax Rate grew to 24.92% in Q2 2026 per VEEV's latest filing, from 23.09% in the prior quarter.
  • Across five years, Tax Rate topped out at 24.92% in Q2 2026 and bottomed at 43.3% in Q2 2023.
  • The 5-year median for Tax Rate is 21.87% (2024), against an average of 14.87%.
  • Across the five-year window, Tax Rate tumbled 6652 bps in 2023 and soared 6517 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 18.98% in 2022, then increased by 10 bps to 20.81% in 2023, then advanced by 12 bps to 23.31% in 2024, then rose by 5 bps to 24.48% in 2025, then gained by 2 bps to 24.92% in 2026.
  • Per Business Quant, the three latest VEEV Tax Rate figures stand at 24.92% (Q2 2026), 23.09% (Q1 2026), and 24.48% (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 24.92%
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 10.32%
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 24.88%
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn -4.85%
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 2.26%
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn -101.09%
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 27.64%
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 40.49%
9 Privia Health 3.10 Bn 2.73 Bn - 60.15%
10 Omnicell 1.81 Bn 1.57 Bn 140.36 Mn 32.81%

Historic Data

Download Data
DateValue
Apr 30, 2026 24.92%
Apr 30, 2026 24.92%
Apr 30, 2026 24.92%
Jan 31, 2026 23.09%
Jan 31, 2026 23.09%
Jan 31, 2026 23.09%
Oct 31, 2025 24.48%
Oct 31, 2025 24.48%
Oct 31, 2025 24.48%
Jul 31, 2025 24.52%
Jul 31, 2025 24.52%
Jul 31, 2025 24.52%
Apr 30, 2025 23.64%
Apr 30, 2025 23.64%
Apr 30, 2025 23.64%
Jan 31, 2025 20.20%
Jan 31, 2025 20.20%
Jan 31, 2025 20.20%
Oct 31, 2024 23.31%
Oct 31, 2024 23.31%