Earnings ·
Veeva Systems reported fiscal 2027 second quarter results ending July 31, 2026, with total revenues reaching $928.0…
VEEVVeeva Systems Inc
Veeva Systems reported fiscal 2027 second quarter results ending July 31, 2026, with total revenues reaching $928.0 million, an 18% increase year over year from $789.1 million. Subscription revenues grew 16% to $766.8 million. GAAP net income was $273.4 million ($1.66 per diluted share), compared to $200.3 million ($1.19) in the prior year period. The company provided updated full-year fiscal 2027 guidance, projecting total revenues between $3,682 and $3,687 million and non-GAAP net income per share of approximately $9.21. Veeva operates in the life sciences industry, providing cloud-based software solutions for pharmaceutical and biotechnology companies.