---
schema_version: "secwatch.filing_event.v1"
accession: "0001393052-23-000062"
form_type: "8-K"
ticker: "VEEV"
cik: "0001393052"
company_name: "VEEVA SYSTEMS INC"
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T16:56:36.412118+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Veeva Q3 FY2024 revenue $616.5M, +12% YoY; Non-GAAP EPS $1.34

## Summary
- Total revenues $616.5M (+12% YoY); subscription services revenues $494.9M (+12% YoY).
- GAAP operating income $128.5M; Non-GAAP operating income $234.6M, up 7% YoY.
- GAAP net income $135.2M (EPS $0.83); Non-GAAP net income $218.7M (EPS $1.34).
- Customer contracting change (TFC rights) reduced revenue and income in the quarter.
- Management cites strong quarter and progress in newer areas like Vault CRM.

## SEC filing metadata
- accession: 0001393052-23-000062
- form_type: 8-K
- ticker: VEEV
- cik: 0001393052
- company_name: VEEVA SYSTEMS INC
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393052/000139305223000062/0001393052-23-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393052/000139305223000062/veev-20231206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001393052-23-000062
- JSON: https://secwatch.observer/filing/0001393052-23-000062.json
- Plain text: https://secwatch.observer/filing/0001393052-23-000062.txt

## Key facts
- Earnings Releases
  VEEVA SYSTEMS INC reported third quarter ended October 31, 2023 results: revenue $616.5 million, net income $135.2 million, EPS $0.83 per diluted share.
  - Period: third quarter ended October 31, 2023
  - Revenue: $616.5 million
  - Net income: $135.2 million
  - EPS: $0.83 per diluted share
  - Result: reported results
  source text: Total revenues for the third quarter were $616.5 million, up from $552.4 million one year ago, an increase of 12% year over year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1393052/000139305223000062/0001393052-23-000062-index.htm

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