OverviewSuggest Edit

Veeva Systems (formerly Verticals onDemand) is a provider of industry cloud solutions for the global life sciences industry. It offers Veeva Commercial Cloud, a suite of multichannel customer relationship management applications, and Veeva Vault, a cloud-based enterprise content management platform and a suite of applications for managing commercial, research, and development functions, such as clinical, regulatory, and quality. It also provides Veeva Network master data management solutions for the management of customer master and product master data. In addition, Veeva Systems offers data solutions and services, as well as territory allocation and alignment applications.

TypePublic
Founded2007
HQPleasanton, CA, US
Websiteveeva.com
Employee Ratings4.1
Overall CultureB

Latest Updates

Employees (est.) (Jan 2021)4,506(+29%)
Job Openings1,264
Revenue (FY, 2021)$1.5 B(+33%)
Share Price (Oct 2021)$308.3(+4%)
Cybersecurity ratingCMore
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Key People/Management at Veeva Systems

Peter Gassner

Peter Gassner

Founder, CEO, Director
Gordon Ritter

Gordon Ritter

Chairman
Tom Schwenger

Tom Schwenger

President and COO
Mohamed Chittach

Mohamed Chittach

Director of Strategy, QualityOne, Europe
Nitsa Zuppas

Nitsa Zuppas

Chief Marketing Officer
Stephen Brown

Stephen Brown

Senior Director, CRM Strategy, Asia
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Veeva Systems Office Locations

Veeva Systems has offices in Pleasanton, Boston, Dublin, Fishers and in 24 other locations
Pleasanton, CA, US (HQ)
4280 Hacienda Dr
Boston, MA, US
100 Summer Street, 100 Summer St 15th floor suite 1503
Dublin, OH, US
5555 Parkcenter Cir #300Dublin
Fishers, IN, US
12175 Visionary Way #115
Fort Washington, PA, US
601 W Office Center Dr #100
New York, NY, US
1375 Broadway 3rd floor
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Veeva Systems Financials and Metrics

Veeva Systems Revenue

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Veeva Systems's revenue was reported to be $1.47 b in FY, 2021 which is a 32.7% increase from the previous period.
USD

Revenue (Q2, 2022)

455.6k

Gross profit (Q2, 2022)

333.5k

Gross profit margin (Q2, 2022), %

73.2%

Net income (Q2, 2022)

108.9k

EBIT (Q2, 2022)

124.6k

Market capitalization (14-Oct-2021)

47.1b

Closing stock price (14-Oct-2021)

308.3

Cash (31-Jul-2021)

1.1b

EV

46.1b
Veeva Systems's current market capitalization is $47.1 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

862.2m1.1b1.5b

Revenue growth, %

26%28%33%

Cost of goods sold

245.3m303.4m408.9m

Gross profit

616.9m800.7m1.1b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Revenue

244.8m266.9m280.9m337.1m353.7m377.5m433.6m455.6k

Cost of goods sold

65.5m70.2m73.3m94.9m97.2m103.0m116.1m122.1k

Gross profit

179.2m196.7m207.6m242.2m256.5m274.5m317.4m333.5k

Gross profit Margin, %

73%74%74%72%73%73%73%73%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

551.0m476.7m730.5m

Accounts Receivable

303.5m389.7m564.4m

Current Assets

1.4b1.5b2.3b

PP&E

55.0m54.8m53.7m
Quarterly
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

229.8m301.1m380.0m

Depreciation and Amortization

14.1m19.9m29.5m

Accounts Payable

1.8m2.8m754.0k

Cash From Operating Activities

310.8m437.4m551.2m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Net Income

73.4m152.7m234.9m86.6m180.1m277.1m115.6m224.4m

Depreciation and Amortization

5.4m11.0m16.6m7.9m15.2m22.7m6.6m13.5m

Accounts Payable

(416.0k)(37.0k)1.2m(4.4m)(3.5m)(456.0k)(6.8m)(1.8m)

Cash From Operating Activities

236.3m336.8m398.3m282.2m387.5m482.9m478.4m597.5m
USDFY, 2019

Revenue/Employee

337.7k

Financial Leverage

1.3 x

P/E Ratio

74.2
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Veeva Systems Operating Metrics

Veeva Systems's Customers was reported to be 1.1 k in Q2, 2022.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022Q2, 2022

Customers

5175255506006256256506757197507758008618759009509931 k1.1 k

Customers (Veeva Commercial Cloud)

270313335390432

Customers (Veeva Vault)

334449572715852

Patents (US)

791011131313141717202225252530333539
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Veeva Systems Acquisitions / Subsidiaries

Company NameDateDeal Size
Physicians WorldNovember 07, 2019
Crossix Solutions IncSeptember 26, 2019$430 m
Zinc Ahead LtdSeptember 29, 2015
SelligyJuly 10, 2015
AdvantageMSJune 25, 2013

Veeva Systems Revenue Breakdown

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Veeva Systems revenue breakdown by business segment: 80.5% from Subscription Services and 19.5% from Professional Services and Other

Veeva Systems revenue breakdown by geographic segment: 57.2% from North America, 27.4% from Europe, 12.5% from Asia Pacific and 2.9% from Other

Human Capital Metrics

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Veeva Systems Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Veeva Systems Online and Social Media Presence

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Veeva Systems Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    A+

    88/100

  • Compensation

    C

    66/100

  • Diversity

    C+

    68/100

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Veeva Systems News and Updates

LEO Pharma and Veeva Systems Partner for Patient-centric Digital Trials

LEO Pharma, a global leader in medical dermatology, and Veeva Systems (NYSE: VEEV) today announced a strategic technology partnership to enable scalable digital trials that are patient-centric and paperless

Veeva Announces New Application to Speed Validation Execution

Veeva Systems (NYSE: VEEV) hat heute Veeva Vault Validation Management angekündigt, eine neue Anwendung, die ein effizienteres und kostengünstigeres Management des Validierungslebenszyklus ermöglicht.

Veeva Systems (VEEV) falls 0.37% to Close at $306.13 on September 9

Veeva Systems Inc - Class A (NYSE: VEEV) shares fell 0.37%, or $1.12 per share, to close Thursday at $306.13.

Veeva Systems mit starken Zahlen – Aktie fällt trotzdem

Der Cloud-Anbieter Veeva Systems hat gestern nach Schließung der US-Börsen seine Geschäftszahlen zum abgelaufenen zweiten Quartal präsentiert. Das Unternehmen blieb sich treu und hat schon wieder die Erwartungen beim Umsatz und Gewinn übertroffen.

Veeva Systems stock sinks despite earnings beat

Veeva Systems Inc. reported better-than-expected results in the latest quarter, as the cloud solutions provider for the life sciences industry saw a 29% increase in revenue from its subscriptions services from a year earlier.

Veeva Acquires Learnaboutgmp, a Leading GxP eLearning Content Provider

Veeva Systems (NYSE: VEEV) today announced that it has acquired Learnaboutgmp, a leading provider of accredited GxP training for life sciences. With more than 170 course titles and over 450 microlearning assets, Learnaboutgmp delivers a comprehensive eLearning library to help organizations develop h…
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Veeva Systems Blogs

Six Tips for Driving Successful Remote Meeting Adoption

Remote meetings proved their relevance as an alternative to face-to-face interactions and as a channel for more profound and meaningful HCP interactions. The post Six Tips for Driving Successful Remote Meeting Adoption first appeared on Veeva.

Showcasing Mid-study Updates in Vault CDMS at Summit Connect

Hear my feedback on the pressing questions asked at Veeva Summit Connect. We covered a range of topics including, property-based configurations, eliminating custom functions, and using a library with true lineage reporting. The post Showcasing Mid-study Updates in Vault CDMS at Summit Connect first …

Oncology Trial Design and Study Build

Oncology trials are becoming increasingly complex and require more sophisticated trial designs. They often need to be based on adaptive trial principles. EDC technologies haven’t kept up with these new challenges, until now. The post Oncology Trial Design and Study Build first appeared on Veeva.

How Vault CDMS Streamlines Data Collection for Oncology Trials

Vault EDC is designed to minimize the challenges of data collection in oncology trials by simplifying the patient journey, guiding data managers through error-free data entry, and creating easier processes for local labs. The post How Vault CDMS Streamlines Data Collection for Oncology Trials first …

The Secret to Personalized Content in the Digital Age

Here is what Kyowa Kirin has found to be key in creating personalized content for a new era of digital marketing. The post The Secret to Personalized Content in the Digital Age first appeared on Veeva.

Moderna’s Take: Adopting a Modular Mindset for Content’s Digital Awakening

Parker Richardson, Senior Director, Vaccine Marketing at Moderna shares learnings from the pandemic and how a modular content strategy can help maximize content value in the digital age. The post Moderna’s Take: Adopting a Modular Mindset for Content’s Digital Awakening first appeared on Veeva.
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Veeva Systems Frequently Asked Questions

  • When was Veeva Systems founded?

    Veeva Systems was founded in 2007.

  • Who are Veeva Systems key executives?

    Veeva Systems's key executives are Peter Gassner, Gordon Ritter and Tom Schwenger.

  • How many employees does Veeva Systems have?

    Veeva Systems has 4,506 employees.

  • What is Veeva Systems revenue?

    Latest Veeva Systems annual revenue is $1.5 b.

  • What is Veeva Systems revenue per employee?

    Latest Veeva Systems revenue per employee is $325.1 k.

  • Who are Veeva Systems competitors?

    Competitors of Veeva Systems include Oracle America, BioClinica and Upland Software.

  • Where is Veeva Systems headquarters?

    Veeva Systems headquarters is located at 4280 Hacienda Dr, Pleasanton.

  • Where are Veeva Systems offices?

    Veeva Systems has offices in Pleasanton, Boston, Dublin, Fishers and in 24 other locations.

  • How many offices does Veeva Systems have?

    Veeva Systems has 29 offices.