AI English summary of an SEC filing — figures as filed
Veeva Systems VEEVVeeva Systems announced that total revenues for the quarter ended April 30, 2025 (fiscal 2026 first quarter) were $759.0 million, up 17% year over year from $650.3 million in the prior-year period. Subscription services revenues were $634.8 million, up 19% year over year.
Key points
AI summaryVeeva Systems announced that total revenues for the quarter ended April 30, 2025 (fiscal 2026 first quarter) were $759.0 million, up 17% year over year from $650.3 million in the prior-year period. Subscription services revenues were $634.8 million, up 19% year over year.
The company said operating income for Q1 was $233.7 million, compared to $155.2 million in the prior-year period, and net income was $228.2 million, compared to $161.7 million in the prior-year period. Non-GAAP operating income was $349.9 million and non-GAAP net income was $327.8 million.
The company said fully diluted net income per share for Q1 was $1.37, compared to $0.98 in the prior-year period, while non-GAAP fully diluted net income per share was $1.97, compared to $1.50 in the prior-year period. Net cash provided by operating activities for the 3 months ended April 30 was $877,158 thousand.
Veeva said it expects total revenues for Q2 (ending July 31, 2025) to be between $766 and $769 million, and full-year total revenues for the period ending January 31, 2026 to be between $3,090 and $3,100 million. The company provided full-year non-GAAP operating income guidance of approximately $1,360 million.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q1 Total Revenues $759.0M, Subscription Services Revenues $634.8M
Veeva Systems announced that total revenues for the quarter ended April 30, 2025 (fiscal 2026 first quarter) were $759.0 million, up 17% year over year from $650.3 million in the prior-year period. Subscription services revenues were $634.8 million, up 19% year over year.
Source · Based on the filing body and exhibits
Q1 Operating Income and Net Income, GAAP and Non-GAAP Basis
The company said operating income for Q1 was $233.7 million, compared to $155.2 million in the prior-year period, and net income was $228.2 million, compared to $161.7 million in the prior-year period. Non-GAAP operating income was $349.9 million and non-GAAP net income was $327.8 million.
Source · Based on the filing body and exhibits
Fully Diluted Net Income Per Share and 3 Months Operating Cash Flow
The company said fully diluted net income per share for Q1 was $1.37, compared to $0.98 in the prior-year period, while non-GAAP fully diluted net income per share was $1.97, compared to $1.50 in the prior-year period. Net cash provided by operating activities for the 3 months ended April 30 was $877,158 thousand.
Source · Based on the filing body and exhibits
Q2 and Full-Year Guidance
Veeva said it expects total revenues for Q2 (ending July 31, 2025) to be between $766 and $769 million, and full-year total revenues for the period ending January 31, 2026 to be between $3,090 and $3,100 million. The company provided full-year non-GAAP operating income guidance of approximately $1,360 million.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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