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Veeva Systems Inc. (VEEV) Gross Margin: 74.95%

Is Veeva Systems Inc.’s gross margin high or low?

Veeva Systems Inc.'s gross margin of 74.95% is in line with its 5-year average of 73.00%, near the high end of its 5-year range (71.35%–75.53%).

The gross margin for Veeva Systems Inc. (VEEV) is 74.95% as of Wednesday, June 10, 2026. It is below its 12-month average by 0.11% (75.03%).

VEEV Gross Margin Chart

VEEV Gross Margin
75.53%+1.34% 1Y
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VEEV Average Gross Margin Chart

VEEV Current vs Average Gross Margin Chart

VEEV Gross Margin Metrics

GROSS MARGIN

74.95%

GROSS MARGIN AVG TTM

75.03%

GROSS MARGIN AVG 3Y

73.28%

GROSS MARGIN AVG 5Y

73.00%

GROSS MARGIN AVG 10Y

71.34%

GROSS MARGIN AVG 15Y

67.18%

GROSS MARGIN AVG 20Y

67.18%

CURRENT VS TTM AVG

-0.11%

CURRENT VS 3Y AVG

+2.28%

CURRENT VS 5Y AVG

+2.67%

CURRENT VS 10Y AVG

+5.05%

CURRENT VS 15Y AVG

+11.57%

CURRENT VS 20Y AVG

+11.57%

VEEV Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
Veeva Systems Inc. (VEEV)$26.73B74.95%75.03%73.28%73.00%
Biogen Inc. (BIIB)$29.00B69.77%73.30%74.61%77.63%
DexCom, Inc. (DXCM)$29.24B61.84%60.23%62.09%63.91%
Waters Corporation (WAT)$23.83B55.02%58.60%58.69%58.45%
Mettler-Toledo International Inc. (MTD)$22.85B57.79%57.84%57.54%57.23%
IQVIA Holdings Inc. (IQV)$30.60B26.11%30.59%32.75%33.07%
Medline Inc. (MDLN)$30.90B24.04%25.55%23.71%23.71%
BioNTech SE (BNTX)$21.81B73.26%78.98%81.24%82.89%
Centene Corporation (CNC)$31.94B14.93%11.28%11.33%11.71%
Zoetis Inc. (ZTS)$34.20B70.75%69.79%68.91%68.46%

Gross Margin Analysis

Gross Margin

75.0%

(Revenue - COGS) / Revenue

Veeva Systems Inc. Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Veeva Systems Inc. Gross Margin FAQ

What is the gross margin for Veeva Systems Inc. (VEEV)?
The gross margin for VEEV stock is 74.95%.
Is Veeva Systems Inc.'s gross margin high or low?
Veeva Systems Inc.'s gross margin of 74.95% is in line with its 5-year average of 73.00%, near the high end of its 5-year range (71.35%–75.53%).
What is the TTM average gross margin for Veeva Systems Inc. (VEEV)?
The TTM average gross margin for VEEV stock is 75.03%.
What is the 3Y average gross margin for Veeva Systems Inc. (VEEV)?
The 3Y average gross margin for VEEV stock is 73.28%.
What is the 5Y average gross margin for Veeva Systems Inc. (VEEV)?
The 5Y average gross margin for VEEV stock is 73.00%.
What is the 10Y average gross margin for Veeva Systems Inc. (VEEV)?
The 10Y average gross margin for VEEV stock is 71.34%.
What is the 15Y average gross margin for Veeva Systems Inc. (VEEV)?
The 15Y average gross margin for VEEV stock is 67.18%.
What is the 20Y average gross margin for Veeva Systems Inc. (VEEV)?
The 20Y average gross margin for VEEV stock is 67.18%.

Veeva Systems Inc. Gross Margin History

DATEGROSS MARGIN
2026-01-3175.53%
2025-01-3174.53%
2024-01-3171.35%
2023-01-3171.72%
2022-01-3172.79%
2021-01-3172.09%
2020-01-3172.52%
2019-01-3171.55%
2018-01-3169.38%
2017-01-3168.08%
2016-01-3165.25%
2015-01-3163.07%
2014-01-3160.69%
2013-01-3155.99%
2012-01-3152.57%
2011-01-3157.72%

About Veeva Systems Inc.

Veeva Systems Inc. is a leading provider of cloud-based software solutions, exclusively dedicated to the global life sciences industry. Its extensive operational presence spans across North America, Europe, the Asia Pacific region, the Middle East, Africa, and Latin America. The company's product portfolio is primarily structured around two major offerings. First, the Veeva Commercial Cloud delivers an integrated suite of software, data, and analytics tools designed to optimize commercial operations. This includes vital applications such as Veeva Customer Relationship Management (CRM) and its specialized Medical CRM, Veeva Closed Loop Marketing (CLM), sophisticated analytics via Veeva CRM MyInsights, approved email communication with Veeva CRM Approved Email, digital engagement tools like Veeva CRM Engage, commercial alignment through Veeva Align, event management capabilities with Veeva CRM Events Management, data warehousing solutions (Veeva Nitro), data services (Veeva OpenData, Veeva Link), master data management (Veeva Network), advanced analytical insights (Veeva Crossix, Veeva Data Cloud), and patient engagement platforms (MyVeeva for Patients). Secondly, Veeva Vault provides a robust collection of cloud-native enterprise content and data management applications. These applications are engineered to support both critical commercial functions—encompassing sales, marketing, and medical content and communications—and comprehensive research and development processes, including clinical trials, regulatory compliance, quality management, and patient safety. Beyond its software, Veeva offers a wide array of professional and support services. These range from strategic implementation and deployment planning, project management, and detailed requirements analysis to solution design and configuration. They also include system environment management and deployment, expert consulting for business process transformation related to Veeva solutions, technical guidance on data migration and systems integrations, comprehensive training programs, and ongoing managed services such as outsourced systems administration. Tracing its origins, the company was incorporated in 2007 as Verticals onDemand, Inc., and subsequently rebranded to Veeva Systems Inc. in April 2009. Its corporate headquarters are situated in Pleasanton, California.

Pleasanton, CA
7,291 employees
Healthcare / Medical - Healthcare Information Services
Sector
Healthcare
Industry
Medical - Healthcare Information Services
CEO
Peter Gassner