---
schema_version: "secwatch.filing_event.v1"
accession: "0001393052-23-000015"
form_type: "8-K"
ticker: "VEEV"
cik: "0001393052"
company_name: "VEEVA SYSTEMS INC"
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T17:28:59.411983+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Veeva Q4 revenue up 16% to $563.4M; net income up 94% to $188.5M

## Summary
- Q4 total revenues $563.4M, up 16% YoY; subscription revenues $460.2M, up 16%.
- Q4 GAAP operating income $108.9M, down 9% YoY; non-GAAP operating income $209.4M, up 12%.
- Q4 GAAP net income $188.5M, up 94% YoY; non-GAAP net income $186.3M, up 27%.
- FY2023 total revenues $2,155.1M, up 16% YoY; subscription revenues $1,733.0M, up 17%.
- FY2023 GAAP operating income $459.1M, down 9% YoY; non-GAAP operating income $830.5M, up 9%.

## SEC filing metadata
- accession: 0001393052-23-000015
- form_type: 8-K
- ticker: VEEV
- cik: 0001393052
- company_name: VEEVA SYSTEMS INC
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393052/000139305223000015/0001393052-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393052/000139305223000015/veev-20230301.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001393052-23-000015
- JSON: https://secwatch.observer/filing/0001393052-23-000015.json
- Plain text: https://secwatch.observer/filing/0001393052-23-000015.txt

## Key facts
- Earnings Releases
  VEEVA SYSTEMS INC reported the fourth quarter ended January 31, 2023 results: revenue $563.4 million, net income $188.5 million, EPS $1.16 per diluted share.
  - Period: the fourth quarter ended January 31, 2023
  - Revenue: $563.4 million
  - Net income: $188.5 million
  - EPS: $1.16 per diluted share
  - Result: reported results
  source text: • Revenues : Total revenues for the fourth quarter were $563.4 million, up from $485.5 million one year ago, an increase of 16% year over year. Subscription services revenues for the fourth quarter were $460.2 million, up from $395.7 million one year ago, an increase of 16% year over year. • Operating Income and Non-GAAP Operating Income (1) : Fourth quarter operating income was $108.9 million, compared to $119.7 million one year ago, a decrease of 9% year over year. Non-GAAP operating income for the fourth quarter was $209.4 million, compared to $186.3 million one year ago, an increase of 12% year over year. • Net Income and Non-GAAP Net Income (1) : Fourth quarter net income was $188.5 million, compared to $97.1 million one year ago, an increase of 94% year over year. Non-GAAP net income for the fourth quarter was $186.3 million, compared to $147.0 million one year ago, an increase of 27% year over year. • Net Income per Share and Non-GAAP Net Income per Share (1) : For the fourth qu
  evidence_url: https://www.sec.gov/Archives/edgar/data/1393052/000139305223000015/0001393052-23-000015-index.htm
- Earnings Releases
  VEEVA SYSTEMS INC reported the fiscal year ended January 31, 2023 results: revenue $2,155.1 million.
  - Period: the fiscal year ended January 31, 2023
  - Revenue: $2,155.1 million
  - Result: reported results
  source text: Total revenues for the fiscal year ended January 31, 2023 were $2,155.1 million, up from $1,850.8 million one year ago, an increase of 16% year over year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1393052/000139305223000015/0001393052-23-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.