Veeva Systems Inc. (VEEV) Net Income
The annual net income for Veeva Systems Inc. (VEEV) is $908.91 Million with a year-over-year change of +27.27%. Net income represents the company's bottom line profit after all expenses, taxes, and interest.
Annual Net Income (TTM)
$908.91M
$908.91 Million
Year-over-Year Change
+27.27%
vs. $714.14M prior year
Net Income CAGR
+18.15%
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
+20.64%
3 Year
+21.95%
5 Year
+18.15%
10 Year
+33.10%
15 Year
N/A
20 Year
N/A
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2026 | $908.91M | +$194.77M | +27.27% |
| 2025 | $714.14M | +$188.43M | +35.84% |
| 2024 | $525.71M | +$38.00M | +7.79% |
| 2023 | $487.71M | +$60.32M | +14.11% |
| 2022 | $427.39M | +$47.39M | +12.47% |
| 2021 | $380.00M | +$78.88M | +26.20% |
| 2020 | $301.12M | +$71.29M | +31.02% |
| 2019 | $229.83M | +$78.66M | +52.03% |
| 2018 | $151.18M | +$73.61M | +94.89% |
| 2017 | $77.57M | +$23.11M | +42.44% |
Net Income Growth Summary
TTM Growth
+20.64%
3-Year Avg Growth
+21.95%
5-Year Avg Growth
+18.15%
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.
- Sector
- Healthcare
- Industry
- Medical - Healthcare Information Services
- CEO
- Peter Gassner