Want to see VEEV full AI Analyst Report?
Revenue by Segment
Shows revenue distribution across various business segments, indicating which segments drive growth and how diversified Veeva Systems' income streams are.Subscription revenue is the clear growth engine—consistent, accelerating recurring revenue that underpins management’s FY‑27 ~13% outlook and reflects Vault CRM and R&D product momentum. Professional services show a recent spike consistent with migration and implementation demand, but remain lumpy and episodic; management says services margins are healthy. Near‑term risk comes from tougher Crossix comps and EDC timing variability, which can press comparables even as subscription-led enterprise adoption offers durable longer-term upside.
Date | Professional Services and Other | Subscription Services |
|---|---|---|
Jun 30, 2026 | $161.20M | $766.76M |
Mar 31, 2026 | $152.77M | $730.17M |
Dec 31, 2025 | $128.21M | $707.75M |
Sep 30, 2025 | $128.74M | $682.50M |
Jun 30, 2025 | $129.90M | $659.18M |
Mar 31, 2025 | $124.28M | $634.77M |
Dec 31, 2024 | $112.31M | $608.58M |
Sep 30, 2024 | $118.36M | $580.85M |
Jun 30, 2024 | $114.90M | $561.28M |
Mar 31, 2024 | $116.39M | $533.96M |