---
schema_version: "secwatch.filing_event.v1"
accession: "0001393052-24-000008"
form_type: "8-K"
ticker: "VEEV"
cik: "0001393052"
company_name: "VEEVA SYSTEMS INC"
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:28:13.587536+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Veeva Q4 revenue $630.6M (+12% YoY); non-GAAP EPS $1.38 beats prior $1.15

## Summary
- Q4 total revenue $630.6M (+12% YoY); FY2024 revenue $2,363.7M (+10% YoY).
- Subscription services revenue Q4 $521.5M (+13% YoY).
- Non-GAAP operating income Q4 $239.1M (+14% YoY); non-GAAP EPS $1.38 (vs $1.15).
- GAAP net income Q4 $147.4M (-22% YoY), impacted by customer contracting change on TFC rights.
- CEO highlights Veeva Compass Suite, Clinical Platform, and Commercial Cloud progress.

## SEC filing metadata
- accession: 0001393052-24-000008
- form_type: 8-K
- ticker: VEEV
- cik: 0001393052
- company_name: VEEVA SYSTEMS INC
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393052/000139305224000008/0001393052-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393052/000139305224000008/veev-20240229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001393052-24-000008
- JSON: https://secwatch.observer/filing/0001393052-24-000008.json
- Plain text: https://secwatch.observer/filing/0001393052-24-000008.txt

## Key facts
- Earnings Releases
  VEEVA SYSTEMS INC reported Q4 ended January 31, 2024 results: revenue $630.6M, net income $147.4M, EPS $0.90.
  - Period: Q4 ended January 31, 2024
  - Revenue: $630.6M
  - Net income: $147.4M
  - EPS: $0.90
  - Result: reported results
  source text: --- FOR IMMEDIATE RELEASE Veeva Announces Fourth Quarter and Fiscal Year 2024 Results Fiscal Year 2024 Total Revenues of $2,363.7M, up 10% Year Over Year; Q4 Total Revenues of $630.6M, up 12% Year Over Year Fiscal Year 2024 Subscription Services Revenues of $1,901.6M, up 10% Year Over Year; Q4 Subscription Services Revenues of $521.5M, up 13% Year Over Year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1393052/000139305224000008/0001393052-24-000008-index.htm
- Earnings Releases
  VEEVA SYSTEMS INC reported Fiscal year ended January 31, 2024 results: revenue $2,363.7M.
  - Period: Fiscal year ended January 31, 2024
  - Revenue: $2,363.7M
  - Result: reported results
  source text: Fiscal Year 2024 Total Revenues of $2,363.7M, up 10% Year Over Year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1393052/000139305224000008/0001393052-24-000008-index.htm

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