Veeva FY 2026 net income rose 27% to USD 909 million as subscription revenue increased 17% to USD 2.68 billion

Reuters
Mar 21
Veeva FY 2026 net income rose 27% to USD 909 million as subscription revenue increased 17% to USD 2.68 billion
  • Veeva published its annual report (Form 10-K) for the fiscal year ended Jan. 31, 2026, reporting total revenue of USD 3.2 billion, up 16%.
  • Subscription revenue was USD 2.7 billion, up 17%, driven by expanding use by existing customers across Development/Quality and Commercial/Data products plus annual inflation adjustments.
  • Net income rose 27% to USD 908.9 million, while operating income increased 33% to USD 916.4 million.
  • Operating cash flow increased 30% to USD 1.4 billion, reflecting higher cash collections and the impact of the One Big Beautiful Bill Act, partially offset by higher expenses.
  • Veeva said it expects general and administrative expense to decrease in the next fiscal year due to litigation settlement-related charges, and noted its board authorized a USD 2.0 billion share repurchase program, under which it repurchased USD 180.0 million of shares.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Veeva Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001393052-26-000014), on March 20, 2026, and is solely responsible for the information contained therein.

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