Filing Flows › Veeva Systems (VEEV) › Gross margin
Veeva Systems (VEEV) gross margin by quarter
Veeva Systems' gross margin was 75.0% in Q2 FY27 (second quarter fiscal 2027), +0.0 pts from Q1 FY27. Over the last 7 quarters it ranged from 74.5% (Q4 FY26) to 77.1% (Q1 FY26).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 FY27 | 75.0% | +0.0 pts | -0.3 pts |
| Q1 FY27 | 75.0% | +0.5 pts | -2.1 pts |
| Q4 FY26 | 74.5% | -0.9 pts | -0.4 pts |
| Q3 FY26 | 75.4% | +0.2 pts | — |
| Q2 FY26 | 75.3% | -1.8 pts | — |
| Q1 FY26 | 77.1% | +2.2 pts | — |
| Q4 FY25 | 74.9% | — | — |
Q2 FY27 at a glance
Veeva Systems, Q2 FY27: revenue $928M (+18% year over year), operating margin 29.6%, net earnings $273M, operating cash flow $239M. The chart follows the revenue to costs, profit and cash.
Questions
What is Veeva Systems' gross margin?
Veeva Systems' gross margin was 75.0% in Q2 FY27 (second quarter fiscal 2027), +0.0 pts from Q1 FY27.
How has Veeva Systems' gross margin changed?
Over the last 7 quarters it ranged from 74.5% (Q4 FY26) to 77.1% (Q1 FY26).