Veeva Systems annual operating margin
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Veeva Systems Operating Margin Growth & History (VEEV)
Veeva Systems's operating margin was 28.68% for fiscal 2026.
View full Veeva Systems company overviewVeeva Systems annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-01-31 | 28.68% | +3.50 pp |
| 2025 | 2025-01-31 | 25.17% | +7.01 pp |
| 2024 | 2024-01-31 | 18.16% | −3.14 pp |
| 2023 | 2023-01-31 | 21.30% | −6.01 pp |
| 2022 | 2022-01-31 | 27.31% | +1.53 pp |
| 2021 | 2021-01-31 | 25.79% | −0.14 pp |
| 2020 | 2020-01-31 | 25.92% | +0.08 pp |
| 2019 | 2019-01-31 | 25.85% | +2.98 pp |
| 2018 | 2018-01-31 | 22.87% | +0.95 pp |
| 2017 | 2017-01-31 | 21.92% | +2.72 pp |
| 2016 | 2016-01-31 | 19.20% | −3.13 pp |
| 2015 | 2015-01-31 | 22.34% | +3.63 pp |
| 2014 | 2014-01-31 | 18.70% | −4.48 pp |
| 2013 | 2013-01-31 | 23.18% | +12.35 pp |
| 2012 | 2012-01-31 | 10.84% | — |
Veeva Systems quarterly operating margin
Q3.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
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Q2.23
Q3.23
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Q1.24
Q2.24
Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q1 2027 | 2026-04-30 | 30.93% | +0.14 pp |
| Q4 2026 | 2026-01-31 | 29.41% | +3.28 pp |
| Q3 2026 | 2025-10-31 | 29.69% | +3.75 pp |
| Q2 2026 | 2025-07-31 | 24.83% | +0.21 pp |
| Q1 2026 | 2025-04-30 | 30.79% | +6.93 pp |
| Q4 2025 | 2025-01-31 | 26.14% | +4.69 pp |
| Q3 2025 | 2024-10-31 | 25.94% | +5.10 pp |
| Q2 2025 | 2024-07-31 | 24.62% | +6.99 pp |
| Q1 2025 | 2024-04-30 | 23.86% | +12.17 pp |
| Q4 2024 | 2024-01-31 | 21.45% | +2.12 pp |
| Q3 2024 | 2023-10-31 | 20.84% | −1.14 pp |
| Q2 2024 | 2023-07-31 | 17.63% | −1.29 pp |
| Q1 2024 | 2023-04-30 | 11.69% | −13.59 pp |
| Q4 2023 | 2023-01-31 | 19.33% | −5.33 pp |
| Q3 2023 | 2022-10-31 | 21.98% | −5.89 pp |
| Q2 2023 | 2022-07-31 | 18.92% | −8.43 pp |
| Q1 2023 | 2022-04-30 | 25.28% | −4.35 pp |
| Q4 2022 | 2022-01-31 | 24.66% | −0.25 pp |
| Q3 2022 | 2021-10-31 | 27.87% | +1.04 pp |
| Q2 2022 | 2021-07-31 | 27.35% | +1.88 pp |
| Q1 2022 | 2021-04-30 | 29.62% | +3.65 pp |
| Q4 2021 | 2021-01-31 | 24.91% | +5.52 pp |
| Q3 2021 | 2020-10-31 | 26.83% | −1.93 pp |
| Q2 2021 | 2020-07-31 | 25.47% | −2.20 pp |
| Q1 2021 | 2020-04-30 | 25.98% | −3.10 pp |
| Q4 2020 | 2020-01-31 | 19.39% | −7.73 pp |
| Q3 2020 | 2019-10-31 | 28.76% | +0.69 pp |
| Q2 2020 | 2019-07-31 | 27.67% | +2.47 pp |
| Q1 2020 | 2019-04-30 | 29.08% | +6.60 pp |
| Q4 2019 | 2019-01-31 | 27.12% | +6.41 pp |
| Q3 2019 | 2018-10-31 | 28.08% | +4.07 pp |
| Q2 2019 | 2018-07-31 | 25.20% | +2.51 pp |
| Q1 2019 | 2018-04-30 | 22.48% | −1.85 pp |
| Q4 2018 | 2018-01-31 | 20.70% | −8.18 pp |
| Q3 2018 | 2017-10-31 | 24.01% | +0.33 pp |
| Q2 2018 | 2017-07-31 | 22.69% | +4.55 pp |
| Q1 2018 | 2017-04-30 | 24.32% | +9.46 pp |
| Q4 2017 | 2017-01-31 | 28.89% | +15.57 pp |
| Q3 2017 | 2016-10-31 | 23.68% | +4.88 pp |
| Q2 2017 | 2016-07-31 | 18.14% | −4.65 pp |
| Q1 2017 | 2016-04-30 | 14.87% | −8.40 pp |
| Q4 2016 | 2016-01-31 | 13.31% | −10.46 pp |
| Q3 2016 | 2015-10-31 | 18.80% | −4.99 pp |
| Q2 2016 | 2015-07-31 | 22.78% | +0.60 pp |
| Q1 2016 | 2015-04-30 | 23.27% | +4.45 pp |
| Q4 2015 | 2015-01-31 | 23.77% | +5.76 pp |
| Q3 2015 | 2014-10-31 | 23.79% | +5.63 pp |
| Q2 2015 | 2014-07-31 | 22.18% | +2.34 pp |
| Q1 2015 | 2014-04-30 | 18.82% | −0.28 pp |
| Q4 2014 | 2014-01-31 | 18.01% | −6.53 pp |
| Q3 2014 | 2013-10-31 | 18.16% | — |
| Q2 2014 | 2013-07-31 | 19.84% | — |
| Q1 2014 | 2013-04-30 | 19.10% | — |
| Q3 2013 | 2012-10-31 | 24.54% | — |
Veeva Systems operating margin trends
Over the last five reported fiscal years, Veeva Systems's operating margin increased from 25.79% to 28.68%, a change of +2.89 percentage points. The latest reported quarter, Q1 2027, shows 30.93%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Veeva Systems filings at SEC.gov ↗