Veeva Systems IncVEEV

NYSETechnologyServices-Prepackaged Software
Price (close)
$274.84
Market cap
$44.5B
P/E
43.8x
Revenue (TTM)
$3.5B
Net income
$1.0B
Dividend yield
—
1-year total return
-1.8%
Net margin
29.3%
Revenue growth
16.5%
Debt / equity
—

What Veeva Systems Inc does.

Veeva is the leading provider of industry cloud solutions for the global life sciences industry. Our offerings span cloud software, data, and business consulting and are designed to meet the unique needs of our customers and their most strategic business functions—from research and development (“R&D”) through commercialization. Our solutions help life sciences companies develop and bring products to market faster and more efficiently, market and sell more effectively, and maintain compliance with government regulations. Our goal is to become the most strategic software, data, and business consulting partner to the life sciences industry, supporting the industry’s most critical drug development, quality and manufacturing, and commercialization functions.

Customer success is one of our core values, and our focus on it has allowed us to deepen and expand our strategic relationships with customers over time. Because of our industry focus, we have a unique, in-depth perspective into the needs and best practices of life sciences companies and clinical research sites. This allows us to develop targeted solutions, quickly adapt to regulatory changes, and incorporate highly relevant enhancements into our existing solutions at a rapid pace.

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$1.5B$1.9B$2.2B$2.4B$2.7B$3.2B
Net income$380.0M$427.4M$487.7M$525.7M$714.1M$908.9M
Free cash flow——————

More on VEEV.

Figures from Veeva Systems Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.