Veeva Systems (VEEV) 10-K Summary — Year Ended Jan 31, 2026
Veeva Systems filed its annual 10-K for the fiscal year ended January 2026. The report covers the company's business operations, financial performance, and risk factors specific to the period.
Key takeaway
Year ended Jan 31, 2026 · FY2026 10-K
Veeva Systems filed its annual 10-K for the fiscal year ended January 2026. The report covers the company's business operations, financial performance, and risk factors specific to the period.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$3.2B
Revenue reported for the fiscal year.
Operating income
$916.4M
Income from operations reported for the year.
Net income
$908.9M
Net income reported for the year.
Operating cash flow
$1.4B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 31, 2023 | $2.2B | +16.4% |
| Jan 31, 2024 | $2.4B | +9.7% |
| Jan 31, 2025 | $2.7B | +16.2% |
| Jan 31, 2026 | $3.2B | +16.3% |
Business overview
Veeva Systems is a provider of cloud-based software solutions tailored for the global life sciences industry. The company focuses on helping organizations in pharmaceutical, biotech, and medical device sectors manage their operations, including research, development, and commercial activities.
Financial performance
The company's revenue reached a new high, showing consistent growth compared to prior annual figures. Operating income and net income also increased, and cash generated from operations was substantial, reflecting improved profitability and cash flow generation.
Material risks
The filing identifies risks common to technology and life sciences software firms, including potential fluctuations in revenue growth, dependence on the life sciences industry's demand, and competitive pressures. The company also notes risks related to regulatory changes and the need to maintain data security and privacy standards.
Liquidity and capital
The company maintains a focus on liquidity and capital resources, as highlighted in the management discussion. Strong operating cash flow supports ongoing operations, potential investments, and capital allocation decisions.
What to watch
Readers should monitor the company's ability to sustain its revenue growth rate and operating margin trends in the next filing.