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
DateValue
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%