Gross Profit for Veeva Systems (VEEV)
According to Veeva Systems's latest reported financial statements, the company's current gross profit (TTM) is $2.41B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
VEEV
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$2.41B
YoY change
+17.9%
5Y CAGR
+18.0%
Peak year (2026)
$2.41B
Cumulative gross profit
$13.08B
Gross Profit history chart for Veeva Systems (VEEV) from 2011 to 2026
Gross Profit history table for Veeva Systems (VEEV) from 2011 to 2026
| Fiscal year | Period ended | Reported | Gross Profit | YoY | YoY change |
|---|---|---|---|---|---|
| 2026 | $2.41B | +17.9% | +$366.31M | ||
| 2025 | $2.05B | +21.4% | +$360.60M | ||
| 2024 | $1.69B | +9.1% | +$140.73M | ||
| 2023 | $1.55B | +14.7% | +$198.56M | ||
| 2022 | $1.35B | +27.5% | +$290.96M | ||
| 2021 | $1.06B | +31.9% | +$255.43M | ||
| 2020 | $800.71M | +29.8% | +$183.78M | ||
| 2019 | $616.93M | +28.8% | +$137.79M | ||
| 2018 | $479.14M | +29.4% | +$108.78M | ||
| 2017 | $370.36M | +38.7% | +$103.36M | ||
| 2016 | $267.01M | +35.1% | +$69.44M | ||
| 2015 | $197.56M | +54.9% | +$70.02M | ||
| 2014 | $127.55M | +75.9% | +$55.02M | ||
| 2013 | $72.53M | +125.2% | +$40.33M | ||
| 2012 | $32.21M | +91.6% | +$15.39M | ||
| 2011 | $16.81M | — | — |
Gross Profit values are taken from Veeva Systems's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Veeva Systems (VEEV) most recent annual gross profit stands at $2.41B (2026) – grew 17.9% year-over-year.
Veeva Systems gross profit compound annual growth for the 2021–2026 (5 years) window is +18.0%, sustaining 15 straight years of year-over-year growth.
The highest annual gross profit of $2.41B was reported in 2026. The lowest in the available history was $16.81M in 2011.
Among 8 Healthcare peers, Veeva Systems (VEEV) ranks 9th; the peer median for gross profit is $51.36B.
Veeva Systems Gross Profit by Year
Veeva Systems Gross Profit 2026: $2.41B
Veeva Systems gross profit in 2026 was $2.41B, grew 17.9% from 2025. This figure represents the highest annual value in the available history.
Veeva Systems Gross Profit 2025: $2.05B
Veeva Systems gross profit in 2025 was $2.05B, grew 21.4% from 2024.
Veeva Systems Gross Profit 2024: $1.69B
Veeva Systems gross profit in 2024 was $1.69B, grew 9.1% from 2023.
Veeva Systems Gross Profit 2023: $1.55B
Veeva Systems gross profit in 2023 was $1.55B, grew 14.7% from 2022.
Veeva Systems Gross Profit 2022: $1.35B
Veeva Systems gross profit in 2022 was $1.35B.
See more financial history for Veeva Systems (VEEV).
Sector peers — Gross Profit
Companies in the same sector as Veeva Systems, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Novo Nordisk (NVO) | $250.28B | Healthcare |
| UnitedHealth Group (UNH) | $82.92B | Healthcare |
| Johnson & Johnson (JNJ) | $68.56B | Healthcare |
| Eli Lilly (LLY) | $54.62B | Healthcare |
| AstraZeneca (AZN) | $48.11B | Healthcare |
| Merck & Co. (MRK) | $46.73B | Healthcare |
| AbbVie (ABBV) | $42.96B | Healthcare |
| Amgen (AMGN) | $26.01B | Healthcare |
Frequently asked questions
What is Veeva Systems's gross profit?
Latest reported gross profit for Veeva Systems (VEEV) is $2.41B (period ending January 31, 2026).
How has Veeva Systems gross profit changed year-over-year?
Veeva Systems (VEEV) gross profit changed +17.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Veeva Systems gross profit?
Veeva Systems (VEEV) gross profit compound annual growth rate is +18.0% over the most recent 5 years available.
When did Veeva Systems gross profit hit its highest annual value?
Veeva Systems gross profit reached its highest annual value of $2.41B in 2026.
What was Veeva Systems gross profit in 2025?
Veeva Systems (VEEV) gross profit in 2025 was $2.05B.
What was Veeva Systems gross profit in 2026?
Veeva Systems (VEEV) gross profit in 2026 was $2.41B.
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