Veeva Systems (VEEV) Tax Rate (2012 - 2026)
Veeva Systems (VEEV) posted quarterly Tax Rate of 24.92% for Q2 2026, up 128.0% year-over-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.
- In Q2 2026, Tax Rate rose 128.0% year-over-year to 24.92%; the TTM figure through Apr 2026 stood at 24.26% (up 145.0% YoY), while the FY2026 annual figure was 23.91%, up 159.0% from the prior year.
- Tax Rate for Q2 2026 stood at 24.92%, up from 23.09% 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.
- The 5-year median for Tax Rate is 21.87% (2024), against an average of 14.87%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 6652 bps in 2023, then soared 6517 bps in 2024.
- Veeva Systems' Tax Rate stood at 18.98% in 2022, then grew by 10 bps to 20.81% in 2023, then gained by 12 bps to 23.31% in 2024, then increased by 5 bps to 24.48% in 2025, then rose by 2 bps to 24.92% in 2026.
- Business Quant data shows VEEV's Tax Rate at 24.92% in Q2 2026, 23.09% in Q1 2026, and 24.48% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 24.92% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 7.39% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 24.88% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 3.83% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 1.67% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -101.09% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 27.54% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 39.76% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -0.14% |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 41.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |