FINHUB Insights

VEEV · Q2 FY26 · May 1 – Jul 31, 2025

Veeva Systems Q2 FY26: where the revenue came from and where it went

Veeva Systems Q2 FY26: revenue $0.8B (+17% year over year). Net profit $0.2B. Largest cohort Subscription services $0.7B. The whole income statement as a sankey diagram from the SEC filing.

Period
May 1 – Jul 31, 2025
Reported
Aug 29, 2025 10-Q
Sankey diagram of Veeva Systems's income statement for Q2 FY26: revenue of $0.8 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$0.8B +17% year over year
Gross profit$0.6B 75% margin
Operating profit$0.2B 25% margin
Net profit$0.2B 25% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jul 31, 2025).
ItemValueShare of revenueYear over year
Revenue 0.8 100% +17%
Subscription services 0.7 88%
Professional services and other 0.1 12%
Cost of revenue−0.225%
Gross profit0.675% margin+0pp
Research & development−0.224%−2pp
Sales & marketing−0.114%−1pp
G&A−0.112%+3pp
Operating profit0.225% margin+0pp
Tax−0.1
Net profit0.225%+0pp
Filing on EDGAR More quarters of VEEV

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters