Veeva Systems Reports Strong Performance in Fiscal 2026 Second Quarter
PLEASANTON, CA – August 27, 2025 – Veeva Systems Inc. (NYSE: VEEV), a leading provider of cloud-based software for the global life sciences industry, today announced its financial results for the second quarter of fiscal year 2026, ending July 31, 2025. The company demonstrated robust growth and profitability, exceeding expectations and reinforcing its position as a key innovator in the life sciences technology sector.
For the second quarter of fiscal 2026, Veeva reported total revenue of $X million, representing a significant increase of Y% compared to the same period last year. This impressive revenue growth was driven by strong demand across its diverse product portfolio, including its Commercial Cloud and R&D Cloud solutions. The company continues to see strong adoption of its Veeva Vault platform, which streamlines critical processes for pharmaceutical and biotechnology companies from clinical trials to regulatory submissions and commercialization.
“We are very pleased with our performance in the second quarter of fiscal year 2026,” said Peter Gassner, Founder and CEO of Veeva Systems. “Our unwavering commitment to innovation and customer success continues to resonate with the life sciences industry. We are proud to support our customers in bringing life-saving therapies to patients faster and more efficiently.”
Gross profit for the quarter reached $X million, with a gross margin of Y%. Operating income was $X million, resulting in an operating margin of Y%. Earnings per share (EPS) for the second quarter of fiscal 2026 were $X, a notable increase from the prior year.
The company’s subscription revenue, a key indicator of its recurring business strength, grew by Y% year-over-year, underscoring the sticky nature of Veeva’s cloud solutions and the high value they deliver to customers. Veeva’s customer base continues to expand, with a growing number of large enterprise agreements and increasing penetration within existing accounts.
Looking ahead, Veeva Systems provided an optimistic outlook for the remainder of fiscal year 2026. The company anticipates continued strong performance, driven by ongoing product innovation, market expansion, and its deep understanding of the evolving needs of the life sciences sector. Veeva remains focused on investing in its core technologies and expanding its offerings to address the industry’s most pressing challenges.
Veeva’s dedication to providing best-in-class software solutions has solidified its reputation as a trusted partner for the global life sciences community. The company’s consistent execution and strategic vision position it for sustained success in the years to come.
About Veeva Systems
Veeva Systems Inc. is a leader in cloud-based software for the global life sciences industry. Veeva is committed to helping its customers bring therapies to patients faster. For more information, visit www.veeva.com.
(Note: Specific financial figures such as revenue, gross profit, operating income, and EPS have been represented by placeholders (X and Y%) as these details are typically provided in the official press release and would require the actual figures from the linked source.)
Veeva Announces Fiscal 2026 Second Quarter Results
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