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AI brief of an SEC Form 8-K · Veeva Systems (VEEV)

Veeva Q3 revenue rises 13% to $699.2 million; GAAP net income up 37%

Positive Impact 3 of 5 earnings Written later

Veeva reported third-quarter fiscal 2025 results for the quarter ended October 31, 2024, with total revenue of $699.2 million, up 13% year over year, and GAAP net income of $185.8 million, up 37%. The company also gave fiscal fourth-quarter guidance and updated its full-year fiscal 2025 outlook, with total revenue expected between $2,722 million and $2,725 million. The filing does not state the prior full-year guidance, so the size of the change cannot be measured from it.

Key points

  • Total revenue was $699.2 million, up from $616.5 million a year earlier; subscription services revenue was $580.9 million, up 17%.
  • GAAP diluted net income per share was $1.13, compared with $0.83; non-GAAP diluted net income per share was $1.75, compared with $1.34.
  • Fourth-quarter guidance for the quarter ending January 31, 2025: total revenue of $696 million to $699 million and non-GAAP diluted EPS of approximately $1.57.
  • Updated fiscal 2025 guidance for the year ending January 31, 2025: total revenue of $2,722 million to $2,725 million and non-GAAP diluted EPS of approximately $6.44.

The filing

CompanyVeeva Systems (VEEV)
Form8-K, current report
Filed with the SECDec 5, 2024, 4:11 PM ET
Accession number0001393052-24-000071

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 05, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.