Core Insights - Veeva Systems reported total revenues of $3,195.3 million for fiscal year 2026, reflecting a 16% year-over-year increase, with fourth-quarter revenues reaching $836.0 million, also up 16% year-over-year [1] - Subscription revenues for fiscal year 2026 were $2,684.2 million, a 17% increase year-over-year, while fourth-quarter subscription revenues were $707.7 million, up 16% year-over-year [1] - The company aims for a $6 billion revenue run rate by 2030, supported by strong momentum in its core business areas [1] Financial Performance - For Q4 2026, fully diluted net income per share was $1.45, up from $1.18 a year ago, while non-GAAP fully diluted net income per share was $2.06, compared to $1.74 [1] - Q4 net income was $244.2 million, a 25% increase from $195.6 million year-over-year, and non-GAAP net income was $346.1 million, up 20% from $287.9 million [1] - Fiscal year 2026 net income reached $908.9 million, a 27% increase from $714.1 million year-over-year, with non-GAAP net income at $1,352.5 million, up 24% from $1,090.4 million [1] Operational Highlights - Veeva's Vault CRM has over 125 customers, including two top 20 biopharmaceutical companies, with expectations for more to go live in 2026 [1] - The company made significant advancements in its Development Cloud and Quality Cloud, securing several top 20 biopharma wins [1] - Veeva AI is being integrated into core applications, with several customers already live and more projects in progress [1] Customer Base and Market Position - Veeva ended the year with 1,552 total customers, including 1,196 in R&D and Quality Solutions and 767 in Commercial Solutions [1] - The company achieved a $3 billion revenue run rate in early 2025, highlighting its consistent execution against growth goals [1] Financial Outlook - Guidance for Q1 fiscal 2027 includes non-GAAP fully diluted net income per share between $2.13 and $2.14, total revenues between $855 and $858 million [2] - Updated guidance for fiscal year 2027 anticipates total revenues between $3,585 and $3,600 million, with non-GAAP fully diluted net income per share projected at approximately $8.85 [2]

Core Insights - Veeva Systems (VEEV) is expected to report quarterly earnings of $1.92 per share, reflecting a year-over-year increase of 10.3% [1] - Projected revenues for the quarter are $808.89 million, which represents a 12.2% increase from the same quarter last year [1] Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been revised downward by 0.4%, indicating a reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions and short-term stock performance [3] Revenue Breakdown - Analysts estimate 'Revenues- Subscription services' to reach $695.58 million, marking a 14.3% increase year-over-year [5] - 'Revenues- Professional services and other' are projected at $112.27 million, showing no change from the previous year [5] - 'Revenues- Professional services and other- Veeva R&D Solutions' is expected to be $67.30 million, a 0.9% increase year-over-year [6] - 'Revenues- Subscription services- Veeva R&D Solutions' is forecasted to reach $374.27 million, indicating an 18.7% increase [6] - 'Revenues- Subscription services- Veeva Commercial Solutions' is anticipated to be $321.86 million, reflecting a 9.7% increase [7] - 'Revenues- Professional services and other- Veeva Commercial Solutions' is expected to be $45.75 million, a 0.3% increase [7] Gross Margin Estimates - 'Non-GAAP Gross Margin- Professional services and other' is projected at 22.3%, down from 24.7% in the same quarter last year [8] - 'Non-GAAP Gross Margin- Subscription services' is expected to be 86.3%, slightly lower than the previous year's 86.7% [8] Stock Performance - Veeva shares have decreased by 12.9% over the past month, contrasting with a 0.5% decline in the Zacks S&P 500 composite [8] - The company holds a Zacks Rank 4 (Sell), indicating expectations of underperformance relative to the overall market [8]

Core Insights - Veeva Systems reported a revenue of $811.24 million for the quarter ended October 2025, reflecting a 16% increase year-over-year and surpassing the Zacks Consensus Estimate of $791.88 million by 2.44% [1] - The company's EPS for the quarter was $2.04, up from $1.75 in the same quarter last year, exceeding the consensus EPS estimate of $1.95 by 4.62% [1] Revenue Breakdown - Subscription services revenue reached $682.5 million, exceeding the average estimate of $671.02 million, with a year-over-year growth of 17.5% [4] - Professional services and other revenue totaled $128.74 million, surpassing the average estimate of $120.86 million, marking an 8.8% increase year-over-year [4] - Veeva R&D Solutions generated $81.28 million in revenue, exceeding the average estimate of $74.66 million, representing a 12.1% year-over-year increase [4] - Subscription services from Veeva R&D Solutions amounted to $364.85 million, above the average estimate of $361.28 million, with a year-over-year growth of 20.6% [4] - Veeva Commercial Solutions' subscription services revenue was $317.65 million, exceeding the average estimate of $309.72 million, reflecting a 14.1% increase year-over-year [4] - Professional services and other revenue from Veeva Commercial Solutions reached $47.46 million, surpassing the average estimate of $46.26 million, with a year-over-year change of 3.5% [4] Margin Analysis - Non-GAAP Gross Margin for Professional services and other was reported at 29.8%, below the average estimate of 31.8% [4] - Non-GAAP Gross Margin for Subscription services was 86.6%, slightly above the average estimate of 85.9% [4] Stock Performance - Veeva's shares have returned -5.8% over the past month, compared to a -0.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Viewpoint - Veeva Systems (VEEV) is expected to report quarterly earnings of $1.95 per share, an increase of 11.4% year-over-year, with revenues projected at $791.88 million, reflecting a 13.3% increase compared to the same period last year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 0.1% over the past 30 days, indicating a collective reassessment by analysts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between these trends and short-term price performance [3]. Revenue Projections - Analysts project 'Revenues- Subscription services' to reach $671.02 million, indicating a year-over-year change of +15.5% [5]. - The consensus for 'Revenues- Professional services and other' is $120.86 million, reflecting a year-over-year change of +2.1% [5]. - 'Revenues- Professional services and other- Veeva R&D Solutions' is forecasted to be $74.66 million, showing a +3% change from the previous year [5]. - 'Revenues- Subscription services- Veeva R&D Solutions' is expected to reach $361.28 million, indicating a +19.4% change year-over-year [6]. - 'Revenues- Subscription services- Veeva Commercial Solutions' is projected at $309.72 million, reflecting an +11.3% change from the prior year [6]. - The estimate for 'Revenues- Professional services and other- Veeva Commercial Solutions' stands at $46.26 million, indicating a +0.9% change year-over-year [7]. Gross Margin Estimates - The estimated 'Non-GAAP Gross Margin- Professional Services and other' is projected at 31.8%, down from 33.5% reported in the same quarter last year [7]. - The collective assessment suggests a 'Non-GAAP Gross Margin- Subscription services' of 85.9%, slightly lower than the 86.2% reported in the same quarter last year [8]. Stock Performance - Veeva shares have shown a return of +3.4% over the past month, outperforming the Zacks S&P 500 composite's +1.5% change [8]. - With a Zacks Rank 2 (Buy), VEEV is expected to outperform the overall market in the near future [8].

Core Viewpoint - Analysts expect Veeva Systems to report quarterly earnings of $1.90 per share, reflecting a year-over-year increase of 17.3%, with revenues projected at $767.61 million, up 13.5% from the previous year [1] Earnings Estimates - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [2] Revenue Projections - Analysts forecast 'Revenues- Subscription services' to reach $649.25 million, indicating a year-over-year change of +15.7% [4] - 'Revenues- Professional services and other' are expected to be $118.36 million, reflecting a +3% change from the prior year [4] - 'Revenues- Professional services and other- Veeva R&D Solutions' is projected to reach $72.75 million, with a year-over-year change of +4.2% [4] - 'Revenues- Subscription services- Veeva R&D Solutions' is estimated at $342.74 million, showing a year-over-year change of +18.4% [5] - 'Revenues- Subscription services- Veeva Commercial Solutions' is expected to be $306.25 million, indicating a +12.7% change from the previous year [5] - 'Revenues- Professional services and other- Veeva Commercial Solutions' is projected at $45.59 million, reflecting a +1.2% change from the prior year [6] Gross Margin Estimates - The 'Non-GAAP Gross Margin- Professional Services and other' is expected to be 29.7%, down from 31.9% year-over-year [6] - The average prediction for 'Non-GAAP Gross Margin- Subscription services' is 86.8%, slightly up from 86.5% year-over-year [7] Stock Performance - Veeva shares have decreased by -3.1% over the past month, contrasting with a +1.1% increase in the Zacks S&P 500 composite [7]

Core Insights - Veeva Systems (VEEV) is expected to report quarterly earnings of $1.74 per share, reflecting a 16% increase year over year, with revenues projected at $727.99 million, an 11.9% increase compared to the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 0.2% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between these revisions and short-term price performance [3] Revenue Projections - Analysts forecast 'Revenues- Subscription services' to reach $615.93 million, indicating a 15.4% increase year over year [5] - 'Revenues- Professional services and other' are expected to be $112.07 million, suggesting a decline of 3.7% year over year [5] - 'Revenues- Professional services and other- Veeva R&D Solutions' is projected at $64.87 million, reflecting a decrease of 4.1% from the prior year [5] - 'Revenues- Subscription services- Veeva R&D Solutions' is expected to reach $328.16 million, indicating a 20.4% increase year over year [6] - 'Revenues- Subscription services- Veeva Commercial Solutions' is projected at $287.80 million, suggesting a 10.1% increase compared to the previous year [6] - 'Revenues- Professional services and other- Veeva Commercial Solutions' is estimated at $46.98 million, indicating a decline of 3.7% from the prior year [7] Gross Margin Estimates - The estimated 'Non-GAAP Gross Margin- Professional Services and other' is 26.6%, down from 28.6% in the same quarter of the previous year [7] - The average prediction for 'Non-GAAP Gross Margin- Subscription services' is 86.0%, slightly up from 85.9% year over year [8] Stock Performance - Over the past month, Veeva shares have returned +3.4%, compared to a +10.7% change in the Zacks S&P 500 composite [9] - VEEV currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [9]