Veeva Systems said total revenues for the 3 months ended July 31, 2025 increased $113 million, of which $98 million was attributable to growth in subscription services revenue. The company said the increase in subscription services revenues consisted of $62 million attributable to R&D Solutions and $36 million attributable to Commercial Solutions.

1. 01

   Veeva Systems said total revenues for the 3 months ended July 31, 2025 increased $113 million, of which $98 million was attributable to growth in subscription services revenue. The company said the increase in subscription services revenues consisted of $62 million attributable to R&D Solutions and $36 million attributable to Commercial Solutions.

2. 02

   Veeva Systems said general and administrative expenses for the 3 months ended July 31, 2025 increased $34 million, citing an increase of $31 million in litigation settlement-related charges as the primary factor. For the 6 months, the increase was $42 million.

3. 03

   Veeva Systems said cash provided by operating activities for the 6 months ended July 31, 2025 was $1,116 million, up from $856 million in the prior-year period. The company cited revenue growth and related cash collections and the impact of the One Big Beautiful Bill Act as drivers of the increase, offset in part by higher operating expenses.

4. 04

   As of July 31, 2025, Veeva Systems said cash, cash equivalents, and short-term investments totaled $6.4 billion, of which $79 million was held in cash and cash equivalents outside the United States. The company said these funds are sufficient to meet its working capital and capital expenditure needs for at least the next 12 months.

Key figures

Quarter ended July 31, 2025

Revenue

$789M

Operating income

$196M

Net income

$200M

EPS

$1.19

Gross profit

$594M

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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

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