FINHUB Insights

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 10-Q
Sankey diagram of Veeva Systems's income statement for Q3 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 +16% year over year
Gross profit$0.6B 75% margin
Operating profit$0.2B 30% margin
Net profit$0.2B 29% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Oct 31, 2025).
ItemValueShare of revenueYear over year
Revenue 0.8 100% +16%
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%−1pp
Sales & marketing−0.114%+0pp
G&A−0.18%−2pp
Operating profit0.230% margin+4pp
Tax−0.1
Net profit0.229%+3pp

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.

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