Reported Q: Q4 2026 Rev YoY: +16.0% EPS YoY: +24.2% Move: +1.81%
Veeva Systems Inc
0LO3.L
$182.98 1.81%
Exchange LSE Sector Healthcare Industry Medical Equipment Services
Q4 2026
Published: Mar 20, 2026

Company Status Snapshot

Fast view of the latest quarter outcome for 0LO3.L

Reported

Report Date

Mar 20, 2026

Quarter Q4 2026

Revenue

835.95M

YoY: +16.0%

EPS

1.45

YoY: +24.2%

Market Move

+1.81%

Previous quarter: Q3 2026

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Earnings Highlights

  • Revenue of $835.95M up 16% year-over-year
  • EPS of $1.45 increased by 24.2% from previous year
  • Gross margin of 74.5%
  • Net income of 244.20M
  • ""AI is not replacing software. That's just not happening... These core systems are essential, and they're not going away. But AI is going to enable a lot of new kinds of long-tail software."" - Peter Gassner
0LO3.L
Company 0LO3.L

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Executive Summary

Veeva Systems delivered a strong close to fiscal 2026 with Q4 revenue of $835.95 million and full-year revenue of $3.195 billion, underscoring the company’s ability to execute across its diversified life-sciences cloud platform. Non-GAAP operating income for the quarter was $366 million and $1.434 billion for the year, reflecting a robust margin profile and ongoing operating leverage as the company scales. Management underscored AI as a driver of automation rather than a single catalyst, emphasizing the enduring value of core systems, data quality, and workflow integrity in regulated pharma environments. In the near term, Vault CRM adoption continued to gain traction (roughly 140 live Vault CRM customers, with ongoing migrations of top-20 accounts), while RTSM leadership and EDC-related growth remain central to the roadmap. Crossix again contributed meaningfully to outperformance, though management cautioned that 2027 will feature tougher comparisons as the prior year’s gains lap.

Looking ahead, Veeva guided to a 13% revenue growth trajectory for FY2027 (annual normalized billings to be updated quarterly; no quarterly billings guidance), with seasonality expected to mirror the prior year. The company continues to pursue strategic opportunities in AI-enabled automation, CRO channel expansion, and deeper CRM add-ons (e.g., Campaign Manager, Service Center, Network/OpenData). Management highlighted a long-term ambition to have CRM represent roughly 10% of revenue by 2030, reinforcing a path to durable, scalable growth. Investors should monitor AI solution adoption velocity, RTSM/EDC execution and integration, Vault CRM migrations, and the cadence of Crossix and CRM-related wins as primary drivers of the next phase of growth.

Key Performance Indicators

Revenue
Increasing
835.95M
QoQ: 3.05% | YoY: 15.96%
Gross Profit
Increasing
622.47M
74.46% margin
QoQ: 1.75% | YoY: 15.30%
Operating Income
Increasing
245.88M
QoQ: 2.09% | YoY: 30.49%
Net Income
Increasing
244.20M
QoQ: 3.39% | YoY: 24.83%
EPS
Increasing
1.49
QoQ: 3.47% | YoY: 24.17%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q4 2026 835.95 1.45 +16.0% View
Q3 2026 811.24 1.40 +16.0% View
Q2 2026 789.08 1.19 +16.7% View
Q1 2026 759.04 1.37 +16.7% View
Q4 2025 720.89 1.18 +14.3% View