Veeva Systems Inc (VEEV)
NYSE:VEEV
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Earnings Data
Report Date
Sep 02, 2026After Close (Confirmed)
Period Ending
2027 (Q2)Consensus EPS Forecast
2.22Last Year’s EPS
1.99Same Quarter Last Year
Moderate Buy
Based on 21 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong execution and several clear growth drivers: solid Q1 financials ($883M revenue; $395M non-GAAP operating income), durable momentum in Crossix, a healthy R&D pipeline, Vault CRM traction (150+ live customers, >80% win rate) and strategic M&A (Ostro). Management is investing in AI (Vault AI, Falcon) and new agentic labor offerings, but these are early-stage and expected to have immaterial revenue impact this year outside of Ostro. Margin guidance is conservative and investments in services and AI introduce some near-term cost dynamics. Overall, positive operational momentum and disciplined investment balanced against execution and scaling risk for transformational AI initiatives.Company Guidance
Strong Crossix Performance and Market Momentum
Crossix delivered another strong quarter with market share gains driven by product innovation (new channel measurement like OpenEvidence and Meta); management characterized the digital advertising market as healthy and expects Crossix to be a durable growth business.
R&D / Development Cloud Momentum
R&D (DevCloud and Quality Cloud) had a strong start to the year, with growth driven by several scaling products (eCOA, RTSM, EDC, Safety, LIMS). Management noted improving momentum and a broad, healthy pipeline across small biotechs to enterprise customers.
Vault CRM Traction and Win Rate
Vault CRM momentum includes major global wins (Merck KGaA, Teva), over 150 customers live on Vault CRM, 40+ migrations completed, and an overall win rate above 80% in CRM opportunities.
Ostro Acquisition and Near-Term Contribution
Ostro acquisition positioned as strategic for commercial engagement and 'Commercial Evidence'; expected to contribute about $10 million in the remaining three quarters of the fiscal year (approximately two-thirds of a $15 million increase in commercial subscription guidance).
Professional Services Record Quarter
Record professional services quarter driven by strong project execution across R&D and business consulting, digital events, and Vault CRM migration work.
Early AI Adoption and Falcon Strategy
Company launched agentic initiatives (Vault AI, commercial agents) with >10 customers live on commercial agents; announced Falcon as a new agentic labor offering targeting high-volume tasks (clinical site document intake, safety case triage, regulatory correspondence) and plans usage-based pricing (per document/case).
Conservative Margin and Investment Posture
Management is investing in services, data network, Vault AI and Falcon while maintaining margin discipline; expects AI-related margin impacts to be immaterial this year (outside Ostro) and views AI as net productivity improvement.
Quarterly Revenue and Profitability
Total revenue of $883 million and non-GAAP operating income of $395 million for Fiscal Q1; Q1 EBIT margin of ~45% versus a full-year guidance of ~44%.
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 |
|---|---|---|---|
Jun 03, 2026 | $178.72 | $178.60 | -0.07% |
Mar 04, 2026 | $188.48 | $196.06 | +4.02% |
Nov 20, 2025 | $270.50 | $244.06 | -9.77% |
Aug 27, 2025 | $293.59 | $272.33 | -7.24% |
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 Inc (VEEV) report earnings?
Veeva Systems Inc (VEEV) is schdueled to report earning on Sep 02, 2026, After Close (Confirmed).
What is Veeva Systems Inc (VEEV) earnings time?
Veeva Systems Inc (VEEV) earnings time is at Sep 02, 2026, After Close (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 2027 (Q2) is 2.22.