Veeva Systems (VEEV) Tax Rate (2012 - 2026)
Veeva Systems (VEEV) posted Tax Rate of 21.77% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 2.74 percentage points from 24.52% a year earlier and down 3.14 percentage points from the prior quarter.
Veeva Systems (VEEV) Tax Rate (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Tax Rate at Veeva Systems was 23.55%, up 0.57 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 23.91%, up 1.59 percentage points from FY2025.
- Annual Tax Rate has increased for three consecutive fiscal years, with a five-year change of +20.36 percentage points (FY2021 to FY2026).
- In prior fiscal years, Veeva Systems' Tax Rate was 22.32% in FY2025 (+11.73 pp), 10.60% in FY2024 (+6.40 pp), 4.20% in FY2023 (-12.37 pp) and 16.58% in FY2022 (+13.02 pp).
- The fiscal Q2 2027 figure stands as the lowest quarterly Tax Rate since fiscal Q4 2025.
- On a year-over-year basis, Tax Rate increased in seven of the last eight quarters, with an average year-over-year change of +1.03 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was fiscal Q1 2025, with a gain of 65.17 percentage points; the weakest was fiscal Q1 2024, with a drop of 66.52 percentage points.
- According to Business Quant data, Tax Rate for the three prior fiscal quarters was 24.92% (Q1 2027), 23.09% (Q4 2026) and 24.48% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 21.77% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 7.42% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 4.94% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 22.08% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | - |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 26.91% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 25.09% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 25.68% |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn | 17.47% |
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% |
| 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% |
| Jul 31, 2021 | 13.80% |
| Apr 30, 2021 | 13.11% |
Veeva Systems Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=VEEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "VEEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=VEEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();