Veeva Systems (VEEV) Tax Rate (2012 - 2026)
Veeva Systems' (VEEV) quarterly Tax Rate came in at 24.92% in Q2 2026, up 128.0% year-on-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.
- On a quarterly basis, Tax Rate rose 128.0% year-over-year to 24.92% in Q2 2026; TTM through Apr 2026 was 24.26%, a 145.0% increase from a year earlier, with the FY2026 full-year figure at 23.91%, up 159.0% from the prior year.
- Tax Rate grew to 24.92% in Q2 2026 per VEEV's latest filing, from 23.09% in the prior quarter.
- Across five years, Tax Rate topped out at 24.92% in Q2 2026 and bottomed at 43.3% in Q2 2023.
- The 5-year median for Tax Rate is 21.87% (2024), against an average of 14.87%.
- Across the five-year window, Tax Rate tumbled 6652 bps in 2023 and soared 6517 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 18.98% in 2022, then increased by 10 bps to 20.81% in 2023, then advanced by 12 bps to 23.31% in 2024, then rose by 5 bps to 24.48% in 2025, then gained by 2 bps to 24.92% in 2026.
- Per Business Quant, the three latest VEEV Tax Rate figures stand at 24.92% (Q2 2026), 23.09% (Q1 2026), and 24.48% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 24.92% |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 10.32% |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 24.88% |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | -4.85% |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 2.26% |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | -101.09% |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 27.64% |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 40.49% |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 60.15% |
| 10 | Omnicell | 1.81 Bn | 1.57 Bn | 140.36 Mn | 32.81% |
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% |