TTM
28.8%
YoY change
+3.50pp
Trough year (2012)
10.8%
Peak year (2026)
28.7%
Latest annual
28.7%
Operating Margin history chart for Veeva Systems (VEEV) from 2011 to 2026
Latest: 28.7%
Operating Margin change chart for Veeva Systems (VEEV) from 2011 to 2026
Latest: +3.50pp
Operating Margin history table for Veeva Systems (VEEV) from 2011 to 2026
| 2026 | 28.7% | +3.50pp | ||
| 2025 | 25.2% | +7.01pp | ||
| 2024 | 18.2% | -3.14pp | ||
| 2023 | 21.3% | -6.01pp | ||
| 2022 | 27.3% | +1.53pp | ||
| 2021 | 25.8% | -0.14pp | ||
| 2020 | 25.9% | +0.08pp | ||
| 2019 | 25.8% | +2.98pp | ||
| 2018 | 22.9% | +0.69pp | ||
| 2017 | 22.2% | +2.98pp | ||
| 2016 | 19.2% | -3.13pp | ||
| 2015 | 22.3% | +3.63pp | ||
| 2014 | 18.7% | -4.48pp | ||
| 2013 | 23.2% | +12.35pp | ||
| 2012 | 10.8% | -6.64pp | ||
| 2011 | 17.5% | — |
- 202628.7%+3.50pp
- 202525.2%+7.01pp
- 202418.2%-3.14pp
- 202321.3%-6.01pp
- 202227.3%+1.53pp
- 202125.8%-0.14pp
- 202025.9%+0.08pp
- 201925.8%+2.98pp
- 201822.9%+0.69pp
- 201722.2%+2.98pp
- 201619.2%-3.13pp
- 201522.3%+3.63pp
- 201418.7%-4.48pp
- 201323.2%+12.35pp
- 201210.8%-6.64pp
- 201117.5%—
Operating Margin values are taken from Veeva Systems's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Veeva Systems (VEEV)
According to Veeva Systems's latest reported financial statements, the company's latest reported operating margin is 28.8%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2026 reading of Veeva Systems (VEEV) operating margin is 28.68% – expanded 3.5 percentage points year-over-year.
2026 marks the peak operating margin at 28.68%, with the historical low of 10.84% recorded in 2012.
Veeva Systems Operating Margin by Year
Veeva Systems Operating Margin 2026: 28.7%
In 2026, Veeva Systems reported operating margin of 28.68%, expanded 3.5 percentage points from 2025. This figure represents the highest annual value in the available history.
Veeva Systems Operating Margin 2025: 25.2%
Veeva Systems operating margin in 2025 was 25.17%, expanded 7.0 percentage points from 2024.
Veeva Systems Operating Margin 2024: 18.2%
2024's operating margin for Veeva Systems came in at 18.16%, contracted 3.1 percentage points from 2023.
Veeva Systems Operating Margin 2023: 21.3%
Veeva Systems posted operating margin of 21.30% in 2023, contracted 6.0 percentage points from 2022.
Veeva Systems Operating Margin 2022: 27.3%
Veeva Systems operating margin in 2022 was 27.31%.
See more financial history for Veeva Systems (VEEV).
Sector peers by Operating Margin
Healthcare peers of Veeva Systems (VEEV), ranked by their latest operating margin
| 45.9% | |
| 45.3% | |
| 31.6% | |
| 27.6% | |
| 27.6% | |
| 26.4% | |
| 23.7% | |
| 4.2% |
- 45.9%
- 45.3%
- 31.6%
- 27.6%
- 27.6%
- 23.7%
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