Veeva Systems (VEEV) FY2026 results: revenue $3.2 billion, up 16.3% on the year

Veeva sells industry cloud software, data and business consulting to the life sciences industry, covering research and development through to commercialisation. It served 1,552 customers as of 31 January 2026, across pharmaceutical, biotechnology and medical device companies, contract sales organisations and contract research organisations. The products sit in four categories, Veeva Development Cloud, Veeva Quality Cloud, Veeva Commercial Cloud and Veeva Data Cloud, reported as Commercial Solutions, covering Commercial Cloud and Data Cloud, and R&D and Quality Solutions, covering Development Cloud and Quality Cloud. Veeva AI adds agentic artificial intelligence to the Veeva Vault platform along with industry-specific agents that work inside the applications with direct access to data, documents and workflows.

Veeva is a Delaware public benefit corporation, so its directors have a fiduciary duty to balance the financial interests of stockholders with the interests of other stakeholders and with the pursuit of its stated public benefit purpose, which its certificate of incorporation gives as helping make the industries it serves more productive and creating high-quality employment in the communities where it operates.

Development Cloud

Built on the Veeva Vault platform, this covers the clinical, regulatory and safety functions. The Veeva Clinical Platform connects the parties in a trial, being patients, research sites, contract research organisations and trial sponsors, with applications letting sites manage study documents electronically and exchange information securely. Veeva Clinical Data Management holds Veeva EDC for electronic data capture, Veeva CDB for aggregating, cleaning and transforming clinical data, and tools for electronic consents and participant assessments. The Veeva Clinical Operations Suite holds Veeva eTMF as the electronic trial master file, Veeva CTMS for trial management, and randomisation and trial supply management.

Veeva Safety manages drug safety content, reporting and analytics, the detection of safety signals, and the intake, processing and submission of adverse event data. Veeva RIM handles regulatory information management, letting a company manage, track and report product and registration information and plan, author, publish and archive submissions to healthcare authorities.

Quality Cloud

This unifies quality applications and processes across content management, training, quality assurance and quality control lab work on the Vault platform, for customers in life sciences and consumer products. It holds Veeva QMS for integrated quality processes, Veeva Quality Docs for regulated quality content, lab solutions covering batch release testing, stability study management and environmental monitoring, and training solutions.

Commercial Cloud

The Veeva Vault CRM Suite brings sales, marketing, medical and service teams at pharmaceutical and biotechnology companies into a single Vault database with shared data and content, to manage and track engagement with healthcare professionals. It carries the full functionality of the legacy Veeva CRM plus Campaign Manager for coordinating engagement channels, Patient CRM for patient services, and AI agents that give pre-call insights, allow voice-activated data entry and flag potential issues in call notes. Veeva CRM and some related applications are built on a platform provided by Salesforce, and the filing states they will be supported until 31 December 2029.

Veeva Medical gives medical affairs teams a single validated source of medical content. Veeva PromoMats is the content and digital asset management product for collaborating on, reviewing, distributing and updating commercial content, with AI agents assisting document review. Veeva Crossix provides marketing analytics and audience targeting for biopharmaceutical brands.

Data Cloud

Veeva OpenData is customer reference data, covering demographic, license and specialty information, affiliations and other data about healthcare professionals and organisations. Veeva Link combines software automation with human curation to provide deep data on key people, key accounts, publications, conferences, medical insights and digital engagement. Veeva Compass is described as de-identified U.S. longitudinal patient, projected prescriber and national data, used for business planning, patient finding, segmentation and targeting, forecasting and incentive compensation. Veeva HCP Access is a data subscription giving access and multichannel engagement metrics about healthcare professionals.

The services

Professional services cover implementation and deployment planning and project management, requirements analysis, solution design and configuration, managed services such as outsourced systems administration, technical consulting on data migration and systems integration, and training. Those teams work alongside systems integrator partners, and Veeva Services Partners add program management, support, training, customisation and integration.

Veeva Business Consulting sits separately from professional services. Commercial Business Consulting works on a specific customer initiative, commercial strategy or process change such as digital engagement, commercial content management, field optimisation, or commercial insights and analytics. R&D Business Consulting works across the drug development value chain on process efficiency, time to market and operating model and governance.

From Veeva Systems' annual report on Form 10-K for the year ended 31 January 2026. The filing

Written from the 10-K filed 20 March 2026: read the full 10-K.