Veeva Systems annual free cash flow
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Veeva Systems Free Cash Flow (FCF) History (VEEV)
Veeva Systems reported $1.39B in free cash flow for fiscal 2026, an increase of 29.60% from the previous fiscal year, with a free cash flow margin of 43.38%.
View full Veeva Systems company overviewVeeva Systems free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2026 | 2026-01-31 | $1.39B | $316.6M | +29.60% | +43.38% |
| 2025 | 2025-01-31 | $1.07B | $184.4M | +20.83% | +38.94% |
| 2024 | 2024-01-31 | $885.1M | $118.2M | +15.41% | +37.45% |
| 2023 | 2023-01-31 | $767.0M | $16.7M | +2.23% | +35.59% |
| 2022 | 2022-01-31 | $750.2M | $207.7M | +38.28% | +40.54% |
| 2021 | 2021-01-31 | $542.6M | $108.3M | +24.94% | +37.03% |
| 2020 | 2020-01-31 | $434.3M | $131.9M | +43.61% | +39.33% |
| 2019 | 2019-01-31 | $302.4M | $78.6M | +35.11% | +35.07% |
| 2018 | 2018-01-31 | $223.8M | $86.7M | +63.26% | +32.41% |
| 2017 | 2017-01-31 | $137.1M | $78.1M | +132.35% | +24.90% |
| 2016 | 2016-01-31 | $59.0M | $18.0M | +43.75% | +14.42% |
| 2015 | 2015-01-31 | $41.0M | $1.1M | +2.88% | +13.10% |
| 2014 | 2014-01-31 | $39.9M | $10.1M | +33.71% | +18.98% |
| 2013 | 2013-01-31 | $29.8M | $25.7M | +630.18% | +23.03% |
| 2012 | 2012-01-31 | $4.1M | — | — | +6.67% |
Veeva Systems quarterly free cash flow
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Q1.14
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Q4.14
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Q4.26
Q1.27
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q1 2027 | 2026-04-30 | $1.13B | $254.1M | +29.17% | +127.46% |
| Q4 2026 | 2026-01-31 | $99.8M | $35.0M | +53.98% | +11.94% |
| Q3 2026 | 2025-10-31 | $182.9M | $23.1M | +14.42% | +22.55% |
| Q2 2026 | 2025-07-31 | $232.1M | $142.3M | +158.43% | +29.42% |
| Q1 2026 | 2025-04-30 | $871.2M | $116.2M | +15.39% | +114.78% |
| Q4 2025 | 2025-01-31 | $64.8M | $14.8M | +29.56% | +8.99% |
| Q3 2025 | 2024-10-31 | $159.8M | $83.2M | +108.44% | +22.86% |
| Q2 2025 | 2024-07-31 | $89.8M | −$165.6M | −64.84% | +13.28% |
| Q1 2025 | 2024-04-30 | $755.0M | $252.1M | +50.11% | +116.10% |
| Q4 2024 | 2024-01-31 | $50.0M | −$9.5M | −15.90% | +7.93% |
| Q3 2024 | 2023-10-31 | $76.7M | −$60.4M | −44.04% | +12.44% |
| Q2 2024 | 2023-07-31 | $255.4M | $163.7M | +178.49% | +43.28% |
| Q1 2024 | 2023-04-30 | $503.0M | $24.3M | +5.07% | +95.56% |
| Q4 2023 | 2023-01-31 | $59.5M | $9.4M | +18.66% | +10.56% |
| Q3 2023 | 2022-10-31 | $137.1M | $26.4M | +23.87% | +24.81% |
| Q2 2023 | 2022-07-31 | $91.7M | −$22.0M | −19.36% | +17.17% |
| Q1 2023 | 2022-04-30 | $478.7M | $3.0M | +0.62% | +94.77% |
| Q4 2022 | 2022-01-31 | $50.1M | −$18.0M | −26.41% | +10.33% |
| Q3 2022 | 2021-10-31 | $110.6M | $18.6M | +20.15% | +23.24% |
| Q2 2022 | 2021-07-31 | $113.7M | $13.8M | +13.84% | +24.97% |
| Q1 2022 | 2021-04-30 | $475.7M | $193.8M | +68.76% | +109.72% |
| Q4 2021 | 2021-01-31 | $68.1M | $29.1M | +74.43% | +17.17% |
| Q3 2021 | 2020-10-31 | $92.1M | $31.5M | +51.90% | +24.39% |
| Q2 2021 | 2020-07-31 | $99.9M | $532,000 | +0.54% | +28.25% |
| Q1 2021 | 2020-04-30 | $281.9M | $46.8M | +19.91% | +83.63% |
| Q4 2020 | 2020-01-31 | $39.1M | $10.1M | +34.71% | +12.54% |
| Q3 2020 | 2019-10-31 | $60.6M | $23.2M | +62.12% | +21.58% |
| Q2 2020 | 2019-07-31 | $99.4M | $13.3M | +15.39% | +37.24% |
| Q1 2020 | 2019-04-30 | $235.1M | $85.2M | +56.86% | +96.05% |
| Q4 2019 | 2019-01-31 | $29.0M | $29.1M | — | +12.48% |
| Q3 2019 | 2018-10-31 | $37.4M | $6.8M | +22.20% | +16.64% |
| Q2 2019 | 2018-07-31 | $86.1M | $31.1M | +56.39% | +41.09% |
| Q1 2019 | 2018-04-30 | $149.9M | $11.7M | +8.45% | +76.64% |
| Q4 2018 | 2018-01-31 | −$66,000 | $4.6M | — | −0.04% |
| Q3 2018 | 2017-10-31 | $30.6M | $7.1M | +30.00% | +17.29% |
| Q2 2018 | 2017-07-31 | $55.1M | $44.2M | +405.84% | +32.82% |
| Q1 2018 | 2017-04-30 | $138.2M | $30.9M | +28.80% | +86.50% |
| Q4 2017 | 2017-01-31 | −$4.6M | −$6.0M | — | −2.96% |
| Q3 2017 | 2016-10-31 | $23.5M | $8.4M | +55.06% | +16.48% |
| Q2 2017 | 2016-07-31 | $10.9M | $5.5M | +101.61% | +8.29% |
| Q1 2017 | 2016-04-30 | $107.3M | $70.2M | +189.37% | +89.60% |
| Q4 2016 | 2016-01-31 | $1.3M | $3.2M | — | +1.17% |
| Q3 2016 | 2015-10-31 | $15.2M | −$18.3M | −54.64% | +14.20% |
| Q2 2016 | 2015-07-31 | $5.4M | $13.8M | — | +5.50% |
| Q1 2016 | 2015-04-30 | $37.1M | $19.3M | +107.96% | +41.24% |
| Q4 2015 | 2015-01-31 | −$1.9M | −$17.8M | — | −2.16% |
| Q3 2015 | 2014-10-31 | $33.5M | $28.7M | +596.19% | +39.92% |
| Q2 2015 | 2014-07-31 | −$8.4M | −$14.7M | — | −11.07% |
| Q1 2015 | 2014-04-30 | $17.8M | $5.0M | +39.24% | +26.72% |
| Q4 2014 | 2014-01-31 | $15.9M | $6.5M | +68.46% | +25.36% |
| Q3 2014 | 2013-10-31 | $4.8M | — | — | +8.74% |
| Q2 2014 | 2013-07-31 | $6.4M | — | — | +12.82% |
| Q1 2014 | 2013-04-30 | $12.8M | — | — | +29.93% |
| Q3 2013 | 2012-10-31 | $9.5M | — | — | +26.41% |
Veeva Systems free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $542.6M to $1.39B, a compound annual growth rate of 20.63%. Veeva Systems's latest reported quarter, Q1 2027, generated $1.13B in free cash flow, an increase of 29.17% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Veeva Systems filings at SEC.gov ↗