Business
Veeva Announces Fiscal 2026 First Quarter Results
Veeva Systems Inc. (NYSE: VEEV), a leading provider of industry cloud solutions for the global life sciences industry, today announced results for its first quarter ended April 30, 2025.
About this update from Veeva Systems Inc.
[{"type":"text","content":"Total Revenues of $759.0M, up 17% Year Over YearSubscription Services Revenues of $634.8M, up 19% Year Over Year","length":113,"tagName":"p","attribs":{}},{"type":"text","content":"PLEASANTON, Calif., May 28, 2025 /PRNewswire/ -- Veeva Systems Inc. (NYSE: VEEV), a leading provider of industry cloud solutions for the global life sciences industry, today announced results for its first quarter ended April 30, 2025.","length":251,"tagName":"p"},{"type":"image","alt":"Veeva Systems (PRNewsfoto/Veeva Systems)","displaySize":"","headline":null,"caption":"Veeva Systems (PRNewsfoto/Veeva Systems)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":300,"url":"https://media.zenfs.com/en/prnewswire.com/365dc5fee8d98cd52bb1416af70b45d0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/pMLj8LFhjW0Fbj5z9fy1ag--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTUyOTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/365dc5fee8d98cd52bb1416af70b45d0","width":400,"height":300}},"href":"https://mma.prnewswire.com/media/1488285/Veeva_Systems_Logo_v2.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""I consider this our best first quarter ever. We executed with speed, quality, and innovation across all areas on short-term objectives and long-term initiatives aligned to our values and 2030 goals," said CEO Peter Gassner. "Thanks to the Veeva team for your outstanding work and to our customers for your partnership."","length":340,"tagName":"p"},{"type":"text","content":"Fiscal 2026 First Quarter Results:","length":34,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenues: Total revenues for the first quarter were $759.0 million, up from $650.3 million one year ago, an increase of 17% year over year. Subscription services revenues for the first quarter were $634.8 million, up from $534.0 million one year ago, an increase of 19% year over year.","length":285,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating Income and Non-GAAP Operating Income:(1) First quarter operating income was $233.7 million, compared to $155.2 million one year ago, an increase of 51% year over year. Non-GAAP operating income for the first quarter was $349.9 million, compared to $260.9 million one year ago, an increase of 34% year over year.","length":321,"tagName":"...