Veeva Systems (VEEV) Tax Rate (2012 - 2026)
Veeva Systems' quarterly Tax Rate came in at 23.09% in Q1 2026, up 290.0% year-on-year from 5.92% in Q1 2025, and down 5.68% quarter-over-quarter from 24.48% in Q4 2025.
Veeva Systems has reported Tax Rate for 15 years, with the latest figure at 23.09% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 290.0% year-over-year to 23.09%; the trailing twelve-month figure through Jan 2026 stood at 23.91% (up 159.0% YoY), and the FY2026 full-year result was 23.91%, up 159.0% from the prior year.
- Tax Rate for Q1 2026 stood at 23.09%, down from 24.48% in the prior quarter.
- The five-year high for Tax Rate was 24.52% in Q3 2025, with the low at 43.3% in Q2 2023.
- Average Tax Rate over 5 years is 14.28%, with a median of 21.86% recorded in 2024.
- Year-over-year, Tax Rate tumbled 6652 bps in 2023 and soared 6517 bps in 2024.
- Tracing VEEV's Tax Rate over 5 years: 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 slipped by 6 bps to 23.09% in 2026.
- The last three Tax Rate figures came in at 23.09% (Q1 2026), 24.48% (Q4 2025), and 24.52% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 23.09 |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 10.32 |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 24.88 |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 2.26 |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 40.49 |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 27.58 |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -4.85 |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 60.15 |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 32.53 |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | -4.92 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 23.09 |
| Jan 31, 2026 | 23.09 |
| Oct 31, 2025 | 24.48 |
| Oct 31, 2025 | 24.48 |
| Jul 31, 2025 | 24.52 |
| Jul 31, 2025 | 24.52 |
| Apr 30, 2025 | 23.64 |
| Apr 30, 2025 | 23.64 |
| Jan 31, 2025 | 20.20 |
| Jan 31, 2025 | 20.20 |
| Oct 31, 2024 | 23.31 |
| Oct 31, 2024 | 23.31 |
| Jul 31, 2024 | 24.00 |
| Jul 31, 2024 | 24.00 |
| Apr 30, 2024 | 21.86 |
| Apr 30, 2024 | 21.86 |
| Jan 31, 2024 | 19.32 |
| Jan 31, 2024 | 19.32 |
| Oct 31, 2023 | 20.81 |
| Oct 31, 2023 | 20.81 |
| Jul 31, 2023 | 21.87 |
| Jul 31, 2023 | 21.87 |
| Apr 30, 2023 | -43.30 |
| Apr 30, 2023 | -43.30 |
| Jan 31, 2023 | -39.28 |
| Jan 31, 2023 | -39.28 |
| Oct 31, 2022 | 18.98 |
| Oct 31, 2022 | 18.98 |
| Jul 31, 2022 | 17.25 |
| Jul 31, 2022 | 17.25 |
| Apr 30, 2022 | 23.21 |
| Apr 30, 2022 | 23.21 |
| Jan 31, 2022 | 18.73 |
| Jan 31, 2022 | 18.73 |
| Oct 31, 2021 | 20.72 |
| Oct 31, 2021 | 20.72 |
| Jul 31, 2021 | 13.80 |
| Jul 31, 2021 | 13.80 |
| Apr 30, 2021 | 13.11 |
| Apr 30, 2021 | 13.11 |
| Jan 31, 2021 | 2.25 |
| Jan 31, 2021 | 2.25 |
| Oct 31, 2020 | 7.45 |
| Oct 31, 2020 | 7.45 |
| Jul 31, 2020 | -0.63 |
| Jul 31, 2020 | -0.63 |
| Apr 30, 2020 | 4.85 |
| Apr 30, 2020 | 4.85 |
| Jan 31, 2020 | -1.45 |
| Jan 31, 2020 | -1.45 |
| Oct 31, 2019 | 8.56 |
| Oct 31, 2019 | 8.56 |
| Jul 31, 2019 | 2.40 |
| Jul 31, 2019 | 2.40 |
| Apr 30, 2019 | 5.02 |
| Apr 30, 2019 | 5.02 |
| Jan 31, 2019 | -3.59 |
| Jan 31, 2019 | -3.59 |
| Oct 31, 2018 | 5.34 |
| Oct 31, 2018 | 5.34 |
| Jul 31, 2018 | 10.46 |
| Jul 31, 2018 | 10.46 |
| Apr 30, 2018 | 3.87 |
| Apr 30, 2018 | 3.87 |
| Jan 31, 2018 | 2.13 |
| Jan 31, 2018 | 2.13 |
| Oct 31, 2017 | 20.36 |
| Oct 31, 2017 | 20.36 |
| Jul 31, 2017 | 5.68 |
| Jul 31, 2017 | 5.68 |
| Apr 30, 2017 | 6.23 |
| Apr 30, 2017 | 6.23 |
| Jan 31, 2017 | -22.12 |
| Jan 31, 2017 | -22.12 |
| Oct 31, 2016 | 37.00 |
| Oct 31, 2016 | 37.00 |
| Jul 31, 2016 | 42.31 |
| Jul 31, 2016 | 42.31 |
| Apr 30, 2016 | 39.14 |
| Apr 30, 2016 | 39.14 |
| Jan 31, 2016 | 25.02 |
| Jan 31, 2016 | 25.02 |
| Oct 31, 2015 | 48.13 |
| Oct 31, 2015 | 48.13 |
| Jul 31, 2015 | 38.81 |
| Jul 31, 2015 | 38.81 |
| Apr 30, 2015 | 40.14 |
| Apr 30, 2015 | 40.14 |
| Jan 31, 2015 | 29.95 |
| Jan 31, 2015 | 29.95 |
| Oct 31, 2014 | 45.87 |
| Oct 31, 2014 | 45.87 |
| Jul 31, 2014 | 42.59 |
| Jul 31, 2014 | 42.59 |
| Apr 30, 2014 | 42.36 |
| Apr 30, 2014 | 42.36 |
| Jan 31, 2014 | 42.91 |
| Jan 31, 2014 | 42.91 |
| Oct 31, 2013 | 35.46 |
| Oct 31, 2013 | 35.46 |
| Jul 31, 2013 | 38.63 |
| Jul 31, 2013 | 38.63 |
| Apr 30, 2013 | 36.86 |
| Apr 30, 2013 | 36.86 |
| Jan 31, 2013 | 35.11 |
| Jan 31, 2013 | 35.11 |
| Oct 31, 2012 | 35.10 |
| Oct 31, 2012 | 35.10 |
| Jul 31, 2012 | 36.62 |
| Jul 31, 2012 | 36.62 |
| Apr 30, 2012 | 35.02 |
| Apr 30, 2012 | 35.02 |