Mon, Jun 2, 8:07 PM (10 days ago)
**Veeva Systems Inc. (VEEV) Q1 2026 Financial Summary** **Financial Health & Performance:** - **Revenue:** $759.043 million, up 17% YoY, driven by $101 million growth in subscription services. - **Profit Margins:** Gross margin at 77%, up from 73% YoY. Operating margin at 31%, up from 24% YoY. - **Cash Flow:** Net cash provided by operating activities at $877.158 million, up from $763.516 million YoY. - **Earnings:** Net income at $228.190 million, up from $161.664 million YoY. EPS at $1.37, up from $0.98 YoY. **Quarterly Performance Discussion:** - **Revenue Growth:** Driven by R&D Solutions (57% of growth) and Commercial Solutions (44% of growth). - **Operating Expenses:** Increased by $30.2 million, primarily due to employee compensation-related costs. - **Cash Flow:** Positive cash flow from operations, with a decrease in cash used in investing activities. **Trends & Uncertainties:** - **Revenue Growth:** Expected to fluctuate, with a focus on R&D Solutions growth. - **Operating Expenses:** Anticipated increase due to employee compensation and marketing costs. - **Cash Flow:** Positive outlook, but subject to changes in investing activities. **Future Operations Impact:** - **Revenue:** Expected to grow, with a focus on R&D Solutions. - **Profit Margins:** Anticipated improvement, driven by revenue growth and cost management. - **Cash Flow:** Positive outlook, with a focus on investing activities. **Ticker:** VEEV