VEEV

Veeva Systems Inc Information Technology Services-Prepackaged Software S&P 500Russell 3000
$312.96Close $51.3BMarket cap $151.43 – $323.0452-week range Nov 19, 2026Next report

Highlights

Strengths

  • In a stage-2 uptrend all 8 trend conditions pass
  • Leading the market RS 93 · stronger than 93% of stocks over 12 months
  • Near its high 3% below its 52-week high
  • Earnings growing EPS +39% year on year, faster than the quarter before (+24 pts)

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Jan 31, 2026 · filed Aug 27, 2026
Off 12-month high 3%
1wk down 3.1% price change
1mo up 9.6% price change
12-month return up 10% market up 11% · its own down 2%
F-score 7 / 9 Strong
Altman Z″ 11.21 Low risk
P/E 56.4× price / earnings
PEG 2.17 P/E / EPS growth
P/B 7.1× price / book
Earnings yield up 1.8% EBIT / enterprise value
Cheaper than 34% of the market · expensive
Revenue growth up 16% year on year
EPS growth up 39% latest quarter · +24 pts
Sales growth up 18% latest quarter · +1 pts
ROE up 14% return on equity
Free cash margin up 44% $1.4B FCF
D/E — long-term debt / equity
Net debt / EBITDA -1.6× net cash
Interest cover —EBIT / interest
Piotroski tests
  • issued more shares
  • assets working less efficiently
  • profitable on its assets
  • generating cash from operations
  • profitability improving
  • profits backed by cash
  • reduced long-term debt
  • short-term liquidity improved
  • gross margin widened

Trade setup

ATR% 3.0% $9.24 a day · 2×ATR $294.49
RS 93 / 99 vs the universe
Trend 8 / 8 trend template
Relative volume 0.8× vs 50-day average
Up/down volume 1.26 50 sessions
Implied move 9.3% by Nov 20, 2026 · report Nov 19, 2026
Trend template · 8 of 8

Screen verdict

1 of 3 screens
  • Stage 2 Leader in mixed conditions
    • RS 93
    • Trend 8/8
    • Off 12-month high 3%
    • EPS growth +39% (accel +24 pts)
    • Sales growth +18% (accel +1 pts)
    • Altman Z″ 11.21 (low risk)

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Aug 26, 2026
Results reaction Aug 26, 2026+14% vs market2 sessions after results
Options $4.4M49.5% IV · activity

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $3.2B +16% on FY2025
$0 $5B FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · $1.5B FY2022 · $1.9B FY2023 · $2.2B FY2024 · $2.4B FY2025 · $2.7B FY2026 · $3.2B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $908.9M +27% on FY2025
$0 $1B FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · $380.0M FY2022 · $427.4M FY2023 · $487.7M FY2024 · $525.7M FY2025 · $714.1M FY2026 · $908.9M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $1.4B +30% on FY2025
$0 $2B FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · $551.2M FY2022 · $764.5M FY2023 · $780.5M FY2024 · $911.3M FY2025 · $1.1B FY2026 · $1.4B
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 76%
  • Net 28%
  • Free cash 44%
0% 100% FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · Gross 72% · Net 26% · Free cash 38% FY2022 · Gross 73% · Net 23% · Free cash 41% FY2023 · Gross 72% · Net 23% · Free cash 36% FY2024 · Gross 71% · Net 22% · Free cash 39% FY2025 · Gross 75% · Net 26% · Free cash 40% FY2026 · Gross 76% · Net 28% · Free cash 44%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $2B FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · Cash $730.5M FY2022 · Cash $1.1B FY2023 · Cash $886.5M FY2024 · Cash $703.5M FY2025 · Cash $1.1B FY2026 · Cash $1.4B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 163.78m
163.78m 161.26m FY21 FY22 FY23 FY24 FY25 FY26 FY2021 FY2022 FY2023 FY2024 · 161.26m FY2025 · 162.58m FY2026 · 163.78m
  FY2021Jan 31, 2021 FY2022Jan 31, 2022 FY2023Jan 31, 2023 FY2024Jan 31, 2024 FY2025Jan 31, 2025 FY2026Jan 31, 2026
Revenue $1.5B $1.9B $2.2B $2.4B $2.7B $3.2B
Gross margin 72% 73% 72% 71% 75% 76%
Operating income $377.8M $505.5M $459.1M $429.3M $691.4M $916.4M
Net income $380.0M $427.4M $487.7M $525.7M $714.1M $908.9M
Net margin 26% 23% 23% 22% 26% 28%
Earnings per share $2.36 $2.63 $3.00 $3.22 $4.32 $5.44
Free cash flow $551.2M $764.5M $780.5M $911.3M $1.1B $1.4B
Free cash margin 38% 41% 36% 39% 40% 44%
Cash $730.5M $1.1B $886.5M $703.5M $1.1B $1.4B
Shareholders' equity $2.3B $2.9B $3.7B $4.6B $5.8B $7.2B
Shares outstanding — — — 161.26m 162.58m 163.78m

Next report

Nov 19, 2026

Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology ±9.3% $284 – $342 by Nov 20, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology ±8.0% last 4: +14.3% · -2.4% · +5.5% · -10.6%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology Bigger than usual 1.2× the usual move

What options price now

Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
Bigger 49.5% priced · 30.7% recent
Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
About the same
Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
past week: no change
Positioning
Premium traded
$4.4M calls $4.3M · puts $118,540 · latest session
Puts against calls, by premium Money spent on puts divided by money spent on calls. Measured in dollars rather than contracts on purpose: counting contracts treats a hundred cheap lottery tickets as more meaningful than one large position, which is backwards. Methodology
0.03× -0.52 over the week
Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
calls +190 · puts +315 past week

For options traders: ATM IV 49.5% (+2.1% 1w) · 1m ÷ 3m IV 0.98 · 25Δ skew 1.8 pts · Net GEX $4.7M

Most traded contracts

No contract passed the liquidity filters this week.

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 27, 2026 Quarterly ↗ Jul 31, 2026 27d
Jun 5, 2026 Quarterly ↗ Apr 30, 2026 36d
Mar 20, 2026 Annual ↗ Jan 31, 2026 48d
Nov 21, 2025 Quarterly ↗ Oct 31, 2025 21d
Aug 29, 2025 Quarterly ↗ Jul 31, 2025 29d
Jun 2, 2025 Quarterly ↗ Apr 30, 2025 33d
Mar 24, 2025 Annual ↗ Jan 31, 2025 52d
Dec 9, 2024 Quarterly ↗ Oct 31, 2024 39d
Sep 4, 2024 Quarterly ↗ Jul 31, 2024 35d
Jun 4, 2024 Quarterly ↗ Apr 30, 2024 35d
Mar 25, 2024 Annual ↗ Jan 31, 2024 54d
Dec 7, 2023 Quarterly ↗ Oct 31, 2023 37d

Current reports

FiledDisclosed
Aug 26, 2026 Results ↗
Aug 20, 2026 Director or officer change ↗
Jun 18, 2026 Shareholder vote ↗
Jun 3, 2026 Results ↗
Apr 20, 2026 Director or officer change ↗
Mar 4, 2026 Results ↗
Jan 5, 2026 Other events ↗
Dec 11, 2025 Director or officer change ↗
Nov 20, 2025 Results ↗
Nov 18, 2025 Director or officer change ↗
Aug 27, 2025 Results ↗
Aug 18, 2025 Regulation FD ↗