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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY272026-07-31 | Q1 FY272026-04-30 | Q4 FY262026-01-31 | Q3 FY262025-10-31 | Q2 FY262025-07-31 | Q1 FY262025-04-30 | Q4 FY252025-01-31 | Q3 FY252024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $927.96M | $882.95M | $835.95M | $811.24M | $789.08M | $759.04M | $720.89M | $699.21M |
| Cost of revenue | $232.01M | $220.92M | $213.48M | $199.47M | $195.25M | $173.82M | $180.99M | $174.39M |
| Gross profit | $695.95M | $662.02M | $622.47M | $611.77M | $593.83M | $585.22M | $539.90M | $524.82M |
| Gross margin | 75.0% | 75.0% | 74.5% | 75.4% | 75.3% | 77.1% | 74.9% | 75.1% |
| Research and development | $222.92M | $208.32M | $198.79M | $191.88M | $192.68M | $184.03M | $181.53M | $172.41M |
| Selling, general and administrative | $198.02M | $180.59M | $177.81M | $179.04M | $205.24M | $167.45M | $169.95M | $171.05M |
| Operating expenses | $420.93M | $388.91M | $376.60M | $370.92M | $397.92M | $351.49M | $351.47M | $343.47M |
| Operating income | $275.02M | $273.11M | $245.88M | $240.85M | $195.91M | $233.73M | $188.42M | $181.35M |
| Operating margin | 29.6% | 30.9% | 29.4% | 29.7% | 24.8% | 30.8% | 26.1% | 25.9% |
| EBITDA | $285.89M | $284.70M | $254.19M | $250.56M | $206.03M | $243.55M | $198.36M | $191.29M |
| Income before taxes | $349.53M | $347.53M | $317.54M | $312.79M | $265.36M | $298.82M | $245.13M | $242.29M |
| Income taxes | $76.10M | $86.59M | $73.33M | $76.58M | $65.06M | $70.63M | $49.51M | $56.48M |
| Net income | $273.43M | $260.94M | $244.20M | $236.20M | $200.31M | $228.19M | $195.63M | $185.81M |
| Net margin | 29.5% | 29.6% | 29.2% | 29.1% | 25.4% | 30.1% | 27.1% | 26.6% |
| EPS, basic | $1.68 | $1.60 | $1.49 | $1.44 | $1.23 | $1.40 | $1.20 | $1.15 |
| EPS, diluted | $1.66 | $1.57 | $1.48 | $1.40 | $1.19 | $1.37 | $1.17 | $1.13 |
| Diluted shares | 165.06M | 165.99M | 165.13M | 168.94M | 167.69M | 166.23M | 166.99M | 164.98M |
Figures describe Veeva Systems shares, not any token. As of Aug 27, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.