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Veeva Systems (VEEV)
NYSE:VEEV
Earnings Data
Report Date
Aug 27, 2025TBA Not Confirmed
Period Ending
2026 (Q2)Consensus EPS Forecast
1.89Last Year’s EPS
1.62Same Quarter Last Year
Moderate Buy
Based on 23 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 29, 2025
|% Change Since: 0.24%
|Next Earnings Date:Aug 27, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive quarter with strong revenue performance and significant customer growth in Vault CRM and Crossix. However, concerns over the uncertain macro environment and its potential impact on smaller biopharma companies temper the overall outlook. Veeva's strategic focus on AI integration and horizontal CRM expansion shows promising future growth potential.Company Guidance
During the Veeva Systems Fiscal 2026 First Quarter Results Conference Call, the company reported strong financial performance with total revenue of $759 million and a non-GAAP operating margin that exceeded expectations. Veeva achieved its calendar 2025 revenue run rate goal of $3 billion, demonstrating robust execution across the company despite a more uncertain macroeconomic environment. The call highlighted significant progress in Veeva's Vault CRM, with 80 customers now live and a projection of reaching 200 customers by next year. Furthermore, Veeva's Crossix business outperformed, contributing to the company's revenue growth, particularly in usage-based areas. The company expressed optimism about its AI initiatives, particularly Veeva AI, which is poised to drive efficiency gains in the life sciences industry. Guidance for future quarters reflects continued strength in subscription revenues and a strategic focus on expanding into horizontal CRM markets.Exceeded Revenue Expectations
Total revenue for the quarter was $759 million, surpassing guidance. Non-GAAP operating margin was strong, contributing to achieving the 2025 revenue run rate goal of $3 billion.
Vault CRM Customer Growth
Vault CRM saw significant growth with over 80 customers live, and is on track to reach 200 customers by next year. This includes both new customers and migrations.
Crossix Performance
Crossix outperformed expectations with more than 30% year-over-year growth, driven by usage-based elements and strategic integration with CRM products.
Expansion into Horizontal CRM Market
Veeva is making progress in horizontal CRM markets, with plans to secure first customers by the end of the year, leveraging new technological advances and a differentiated business model.
Positive AI Developments
Veeva AI is positioned to significantly enhance efficiency in the life sciences industry, with plans to deeply integrate AI into core applications, potentially increasing industry efficiency by 15% by 2030.
VEEV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VEEV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 29, 2025 | $279.04 | $279.70 | +0.24% |
Mar 05, 2025 | $219.94 | $236.14 | +7.37% |
Dec 05, 2024 | $231.66 | $250.45 | +8.11% |
Aug 28, 2024 | $199.35 | $217.02 | +8.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Veeva Systems (VEEV) report earnings?
Veeva Systems (VEEV) is schdueled to report earning on Aug 27, 2025, TBA Not Confirmed.
What is Veeva Systems (VEEV) earnings time?
Veeva Systems (VEEV) earnings time is at Aug 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VEEV EPS forecast?
VEEV EPS forecast for the fiscal quarter 2026 (Q2) is 1.89.