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Veeva Systems logoVeeva Systems VEEV

Veeva Systems announced that total revenues for Q3 ended October 31 were $811.2 million, up 16% from $699.2 million in the prior-year period, and subscription services revenues were $682.5 million, up 17%.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Veeva Systems announced that total revenues for Q3 ended October 31 were $811.2 million, up 16% from $699.2 million in the prior-year period, and subscription services revenues were $682.5 million, up 17%.

  2. The company said operating income for Q3 was $240.9 million, compared to $181.4 million in the prior-year period, net income was $236.2 million, compared to $185.8 million, and fully diluted net income per share was $1.40, compared to $1.13.

  3. Veeva said non-GAAP operating income for Q3 was $364.9 million, compared to $304.0 million in the prior-year period, non-GAAP net income was $345.1 million, compared to $288.3 million, and non-GAAP fully diluted net income per share was $2.04, compared to $1.75.

  4. The company provided updated guidance for the fiscal year ending January 31, 2026 of total revenues between $3,166 and $3,169 million, non-GAAP operating income of approximately $1,417 million, and non-GAAP fully diluted net income per share of approximately $7.93.

Summary

AI-written

Analysis 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.

Q3 total revenues $811.2 million, subscription services $682.5 million

Veeva Systems announced that total revenues for Q3 ended October 31 were $811.2 million, up 16% from $699.2 million in the prior-year period, and subscription services revenues were $682.5 million, up 17%.

Source · Based on the filing body and exhibits

Q3 operating income $240.9 million, net income $236.2 million

The company said operating income for Q3 was $240.9 million, compared to $181.4 million in the prior-year period, net income was $236.2 million, compared to $185.8 million, and fully diluted net income per share was $1.40, compared to $1.13.

Source · Based on the filing body and exhibits

Q3 non-GAAP operating income $364.9 million, net income $345.1 million

Veeva said non-GAAP operating income for Q3 was $364.9 million, compared to $304.0 million in the prior-year period, non-GAAP net income was $345.1 million, compared to $288.3 million, and non-GAAP fully diluted net income per share was $2.04, compared to $1.75.

Source · Based on the filing body and exhibits

Full-year updated guidance: total revenues $3,166 to $3,169 million

The company provided updated guidance for the fiscal year ending January 31, 2026 of total revenues between $3,166 and $3,169 million, non-GAAP operating income of approximately $1,417 million, and non-GAAP fully diluted net income per share of approximately $7.93.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.