Veeva Systems (VEEV) Revenue — Quarter Ended Jan 31, 2024
Revenue increased in the quarter. Growth was seen compared to both the immediately preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Jan 31, 2024 · FY2024 Q4
Revenue increased in the quarter. Growth was seen compared to both the immediately preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$630.6M
Revenue reported for this quarter.
Quarter-over-quarter
+2.3%
Change from the immediately preceding quarter.
Year-over-year
+11.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 30, 2023 | $526.3M | +4.2% |
| Jul 31, 2023 | $590.2M | +10.5% |
| Oct 31, 2023 | $616.5M | +11.6% |
| Jan 31, 2024 | $630.6M | +11.9% |
Revenue performance
The company has delivered consistent revenue growth over the past four quarters, with each quarter higher than the previous.
Quarterly comparison
Compared to the prior quarter, revenue rose. Compared to the same quarter last year, revenue also increased.
What to watch
The year-over-year growth rate has steadily increased over the past four quarters.