Veeva Systems (VEEV) Revenue — Quarter Ended Oct 31, 2024
Revenue increased compared to the prior quarter and rose significantly versus the same quarter last year. The growth trajectory reflects continued business momentum.
Key takeaway
Quarter ended Oct 31, 2024 · FY2025 Q3
Revenue increased compared to the prior quarter and rose significantly versus the same quarter last year. The growth trajectory reflects continued business momentum.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$699.2M
Revenue reported for this quarter.
Quarter-over-quarter
+3.4%
Change from the immediately preceding quarter.
Year-over-year
+13.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.7B
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 |
|---|---|---|
| Jan 31, 2024 | $630.6M | +11.9% |
| Apr 30, 2024 | $650.3M | +23.6% |
| Jul 31, 2024 | $676.2M | +14.6% |
| Oct 31, 2024 | $699.2M | +13.4% |
Revenue performance
The reported revenue moved higher, building on the sequential improvement from the preceding quarter.
Quarterly comparison
Compared to the immediately preceding quarter, revenue showed a moderate increase. Versus the same quarter one year earlier, the gain was more pronounced.
What to watch
Monitor whether the pace of year-over-year growth sustains in upcoming quarters.