---
schema_version: "secwatch.filing_event.v1"
accession: "0001393052-24-000019"
form_type: "8-K"
ticker: "VEEV"
cik: "0001393052"
company_name: "VEEVA SYSTEMS INC"
filed_at: "2024-05-30T23:59:59+00:00"
generated_at: "2026-06-01T07:21:44.636171+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Veeva Q1 FY2025 revs $650.3M (+24% YoY); non-GAAP EPS $1.50 vs $0.91, beat guidance

## Summary
- Total revenue $650.3M (+24% YoY); subscription revenue $534.0M (+29% YoY).
- GAAP net income $161.7M ($0.98 diluted EPS); non-GAAP net income $247.0M ($1.50 diluted EPS).
- GAAP operating income $155.2M (+152% YoY); non-GAAP op income $260.9M (+66% YoY).
- Three top-20 biopharmas selected multiple Development Cloud apps; Vault Basics launched for emerging biotechs.
- Interim CFO Tim Cabral noted results exceeded guidance on all metrics.

## SEC filing metadata
- accession: 0001393052-24-000019
- form_type: 8-K
- ticker: VEEV
- cik: 0001393052
- company_name: VEEVA SYSTEMS INC
- filed_at: 2024-05-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393052/000139305224000019/0001393052-24-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393052/000139305224000019/veev-20240530.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001393052-24-000019
- JSON: https://secwatch.observer/filing/0001393052-24-000019.json
- Plain text: https://secwatch.observer/filing/0001393052-24-000019.txt

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