NYSE$VEEV
Veeva Systems Inc A · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Veeva's Q4 2021 results were announced, demonstrating strong growth in revenue and operating income.
Veeva Systems Inc. reported a 27% year-over-year increase in total revenues for the fourth quarter, reaching $396.8 million. The company's operating income increased by 64% year-over-year to $98.8 million, and net income increased by 56% year-over-year to $102.9 million.
- Total revenues for the fourth quarter were $396.8 million, up 27% year-over-year.
- Subscription services revenues for the fourth quarter were $322.8 million, up 27% year-over-year.
- Fourth quarter operating income was $98.8 million, up 64% year-over-year.
- Fourth quarter net income was $102.9 million, up 56% year-over-year.
Headline financials
Revenue & EPS history
Veeva · Revenue · Quarterly
$397M
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 first quarter ending April 30, 2021, and fiscal year ending January 31, 2022.
Tailwinds
- Total revenues between $408 and $410 million for Q1 2021.
- Non-GAAP operating income between $157 and $159 million for Q1 2021.
- Non-GAAP fully diluted net income per share between $0.77 and $0.78 for Q1 2021.
- Total revenues between $1,755 and $1,765 million for FY 2022.
- Non-GAAP operating income of about $655 million for FY 2022.
Headwinds
- Veeva is not able to provide GAAP targets for operating income.
- Veeva is not able to provide GAAP targets for fully diluted net income per share for the first fiscal quarter ending April 30, 2021 or fiscal year ending January 31, 2022.
- Difficulty of estimating certain items excluded from non-GAAP operating income.
- Difficulty of estimating certain items excluded from non-GAAP fully diluted net income per share that cannot be reasonably predicted, such as charges related to stock-based compensation expense.
- The effect of these excluded items may be significant.
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 Q4 2021
+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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