NYSE$VEEV
Veeva Systems Inc A · Q1 2025 earnings
Q1 2025 earnings · · Investor relations
Briefing
Veeva's first quarter of fiscal year 2025 resulted in revenue growth and exceeded guidance.
Veeva announced strong first-quarter results for fiscal year 2025, with total revenues of $650.3 million, up 24% year-over-year, and subscription services revenues of $534.0 million, up 29% year-over-year. The company's net income increased by 23% to $161.7 million, and non-GAAP net income increased by 67% to $247.0 million.
- Total revenues reached $650.3 million, a 24% increase year-over-year.
- Subscription services revenues grew by 29% year-over-year, totaling $534.0 million.
- Operating income saw a significant increase of 152% year-over-year, reaching $155.2 million.
- Net income increased by 23% year-over-year, amounting to $161.7 million.
Headline financials
Revenue & EPS history
Veeva · Revenue · Quarterly
$650M
Revenue by segment
Veeva · $759M total across 2 segments · Q1 2026
- R&D Solutions$407M—53.6%
- Commercial Solutions$352M—46.4%
Forward guidance
Veeva provided guidance for its fiscal second quarter ending July 31, 2024, with total revenues between $666 and $669 million and non-GAAP fully diluted net income per share between $1.53 and $1.54. The company updated its fiscal year ending January 31, 2025, guidance with total revenues between $2,700 and $2,710 million and non-GAAP fully diluted net income per share of approximately $6.16.
Tailwinds
- Total revenues are expected to be between $666 and $669 million for the second quarter.
- Non-GAAP operating income is projected to be between $265 and $267 million for the second quarter.
- Non-GAAP fully diluted net income per share is anticipated to be between $1.53 and $1.54 for the second quarter.
- Total revenues are projected to be between $2,700 and $2,710 million for the full fiscal year.
- Non-GAAP operating income is expected to be approximately $1,070 million for the full fiscal year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2025
+1.3%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+1.7%
Avg return
30 days after
55%
31 / 56 earnings
Positive
+21.2%
Q1 2024
Best reaction
-17.0%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | -0.3% | -6.4% | — | |
| Q4 2026 | +4.0% | +0.6% | -7.7% | |
| Q3 2026 | -12.9% | -11.0% | -18.0% | |
| Q2 2026 | -7.5% | -8.0% | -1.1% | |
| Q1 2026 | +1.6% | +0.3% | +1.2% | |
| Q4 2025 | +7.4% | +5.3% | -2.8% | |
| Q3 2025 | +5.3% | +3.6% | -10.4% | |
| Q2 2025 | +8.4% | +8.1% | +5.3% | |
| Q1 2025 | -13.1% | -10.8% | -8.7% | |
| Q4 2024 | -1.5% | -1.7% | +2.8% | |
| Q3 2024 | -2.8% | -2.0% | +4.3% | |
| Q2 2024 | +8.1% | +12.2% | +5.4% | |
| Q1 2024 | +21.2% | +18.2% | +20.8% | |
| Q4 2023 | +4.8% | +6.5% | +10.9% | |
| Q3 2023 | -8.1% | -11.5% | -15.2% | |
| Q2 2023 | -15.2% | -15.9% | -18.4% | |
| Q1 2023 | +13.1% | +11.0% | +19.9% | |
| Q4 2022 | -16.8% | -21.8% | -6.6% | |
| Q3 2022 | -7.1% | -7.2% | -9.6% | |
| Q2 2022 | -4.8% | -4.3% | -13.5% | |
| Q1 2022 | +8.9% | +6.7% | +16.8% | |
| Q4 2021 | -10.3% | -13.3% | -8.8% | |
| Q3 2021 | -1.6% | -1.9% | -1.7% | |
| Q2 2021 | +2.0% | +9.5% | +2.0% | |
| Q1 2021 | +14.0% | +14.4% | +22.4% | |
| Q4 2020 | +0.0% | +1.5% | +8.4% | |
| Q3 2020 | -2.3% | -5.0% | -9.6% | |
| Q2 2020 | +0.9% | -1.4% | -4.9% | |
| Q1 2020 | +10.6% | +6.9% | +16.2% | |
| Q4 2019 | -3.0% | +0.4% | +3.6% | |
| Q3 2019 | +9.9% | +10.1% | -2.5% | |
| Q2 2019 | +13.1% | +15.4% | +16.8% | |
| Q1 2019 | +0.4% | -1.2% | +7.9% | |
| Q4 2018 | +12.2% | +18.8% | +17.6% | |
| Q3 2018 | -5.7% | -2.1% | -0.6% | |
| Q2 2018 | -13.3% | -11.3% | -13.5% | |
| Q1 2018 | +9.4% | +6.3% | +4.5% | |
| Q4 2017 | +1.7% | +0.1% | +15.2% | |
| Q3 2017 | +10.8% | +10.8% | -0.6% | |
| Q2 2017 | +5.8% | +5.4% | +7.1% | |
| Q1 2017 | +7.7% | +10.2% | +14.8% | |
| Q4 2016 | +6.1% | — | — | |
| Q3 2016 | +5.5% | — | — | |
| Q2 2016 | +12.5% | — | — | |
| Q1 2016 | -2.4% | — | — | |
| Q4 2015 | -17.0% | — | — | |
| Q3 2015 | +12.8% | — | — | |
| Q2 2014 | +2.8% | — | — | |
| Q2 2015 | +18.9% | — | — | |
| Q1 2014 | +3.6% | — | — | |
| Q1 2015 | -4.2% | — | — | |
| Q4 2012 | -0.8% | — | — | |
| Q4 2014 | -3.4% | — | — | |
| Q4 2013 | -8.9% | — | — | |
| Q3 2013 | -8.9% | — | — | |
| Q3 2014 | -0.2% | — | — |
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