VEEV · Q3 FY26 · Aug 1 – Oct 31, 2025
Veeva Systems Q3 FY26: where the revenue came from and where it went
Veeva Systems Q3 FY26: revenue $0.8B (+16% 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
- Aug 1 – Oct 31, 2025
- Reported
- Nov 21, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$0.8B
+16% year over year
Gross profit$0.6B
75% margin
Operating profit$0.2B
30% margin
Net profit$0.2B
29% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 0.8 | 100% | +16% |
| Subscription services | 0.7 | 88% | |
| Professional services and other | 0.1 | 12% | |
| Cost of revenue | −0.2 | 25% | |
| Gross profit | 0.6 | 75% margin | +0pp |
| Research & development | −0.2 | 24% | −1pp |
| Sales & marketing | −0.1 | 14% | +0pp |
| G&A | −0.1 | 8% | −2pp |
| Operating profit | 0.2 | 30% margin | +4pp |
| Tax | −0.1 | ||
| Net profit | 0.2 | 29% | +3pp |
Older quarters
-
Q1 FY27 4/2026Revenue $0.9B Net margin 30%
-
Q4 FY26 1/2026Revenue $0.8B Net margin 29%
-
Q2 FY26 7/2025Revenue $0.8B Net margin 25%
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