Veeva Systems (VEEV) Tax Rate (2012 - 2026)
Veeva Systems (VEEV) recorded quarterly Tax Rate of 24.92% in Q2 2026, up 7.89% quarter-over-quarter from 23.09% in Q1 2026, and up 128.0% year-on-year from 10.93% in Q2 2025.
Veeva Systems (VEEV) Tax Rate (2012 - 2026) Analysis & Trends
Veeva Systems has disclosed Tax Rate across 15 years of filings, most recently posting 24.92% for Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 128.0% year-over-year to 24.92%; the trailing twelve-month figure through Apr 2026 stood at 24.26% (up 145.0% YoY), and the FY2026 full-year result was 23.91%, up 159.0% from the prior year.
- Tax Rate was 24.92% for Q2 2026 at Veeva Systems, up from 23.09% in the prior quarter.
- Over five years, Tax Rate peaked at 24.92% in Q2 2026 and troughed 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 sank 6652 bps in 2023, then soared 6517 bps in 2024.
- Year by year, Tax Rate stood at 18.98% in 2022, then climbed by 10 bps to 20.81% in 2023, then rose by 12 bps to 23.31% in 2024, then grew by 5 bps to 24.48% in 2025, then increased by 2 bps to 24.92% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 24.92% in Q2 2026, 23.09% in Q1 2026, and 24.48% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 24.92 |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 10.32 |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 24.88 |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 2.26 |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | -4.85 |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 40.49 |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 27.58 |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 60.15 |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 32.53 |
| 10 | Teladoc Health | 1.45 Bn | 696.57 Mn | 562.57 Mn | -4.92 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 24.92% |
| Apr 30, 2026 | 24.92% |
| 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% |