VEEVA SYSTEMS INCVEEV

Market cap

$40B

P/E ratio

	Jan 31, 2014	Jan 31, 2015	Jan 31, 2016	Jan 31, 2017	Jan 31, 2018	Jan 31, 2019	Jan 31, 2020	Jan 31, 2021	Jan 31, 2022	Jan 31, 2023	Jan 31, 2024	Jan 31, 2025
Subscription services	-	-	-	-	-	694	896	1,179	1,484	1,733	1,902	2,285
Technology Service	-	-	-	-	-	168	208	286	367	422	462	462
Total revenues	-	-	-	-	-	862	1,104	1,465	1,851	2,155	2,364	2,747
Subscription services	-	-	-	-	-	117	136	185	225	258	291	323
Technology Service	-	-	-	-	-	128	167	224	279	352	387	377
Total cost of revenues	-	-	-	-	-	245	303	409	504	609	677	700
Gross profit	128	198	267	370	474	617	801	1,056	1,347	1,546	1,686	2,047
Research and development	26	41	66	97	132	159	210	294	382	520	629	693
Sales and marketing	42	56	81	117	131	149	190	235	288	349	381	397
General and administrative	20	30	41	49	60	86	114	149	172	218	247	266
Total operating expenses	88	128	188	262	323	394	514	678	842	1,087	1,257	1,356
Operating income	39	70	79	108	151	223	286	378	505	459	429	691
Other income, net	-1	-3	0	2	8	16	27	16	7	50	159	228
Income before income taxes	39	-	79	110	159	239	314	394	512	509	588	919
Income tax provision	15	27	24	41	17	9	13	14	85	21	62	205
Net income	24	40	54	69	142	230	301	380	427	488	526	714
Basic (in usd per share)	0.2	0.31	0.41	0.51	1.01	1.59	2.04	2.52	2.79	3.14	3.27	4.41
Diluted (in usd per share)	0.15	0.28	0.38	0.47	0.92	1.47	1.9	2.36	2.63	3	3.22	4.32
Net change in unrealized gain (loss) on available-for-sale investments	0	0	-0	-0	-2	1	2	1	-10	-15	22	4
Net change in cumulative foreign currency translation loss	-	-	-	-	-	-	-	-	-	-	-2	-2
Comprehensive income	24	40	55	69	143	229	301	381	414	469	546	716