FINHUB Insights

VEEV · Q1 FY27 · Apr 30, 2026

Veeva Systems Q1 FY27: where the revenue came from and where it went

Veeva Systems Q1 FY27: revenue $0.9B (+16% year over year). Net profit $0.3B. Largest cohort Subscription $0.7B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 30, 2026
Reported
Jun 5, 2026 10-Q
Sankey diagram of Veeva Systems's income statement for Q1 FY27: revenue of $0.9 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$0.9B +16% year over year
Gross profit$0.7B 75% margin
Operating profit$0.3B 31% margin
Net profit$0.3B 30% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY27 (period ends Apr 30, 2026).
ItemValueShare of revenueYear over year
Revenue 0.9 100% +16%
Subscription 0.7 78%
Professional services and other 0.2 22% +23%
Cost of revenue−0.222%
Gross profit0.775% margin−2pp
Research & development−0.224%−1pp
Sales & marketing−0.113%+0pp
G&A−0.18%−1pp
Operating profit0.331% margin+0pp
Tax−0.1
Net profit0.330%−1pp
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