Filing Flows › Veeva Systems (VEEV) › Guidance history
Veeva Systems (VEEV) guidance history: what it guided and what it reported
Veeva Systems gave guidance in 12 earnings releases on file since Dec 6, 2023. Of 9 guided periods since reported, it met or beat its own guidance 9 times (100%). Revenue: 9 of 9, on average +2.7% against the guided midpoint. Its releases raised guidance twice and lowered it 0 times.
Revenue
Met or beat 9 of 9 periods (8 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 FY27 | $932M–$935M (Aug 26, 2026) | — | to be reported | — |
| Q2 FY27 | $902M–$905M (Jun 3, 2026) | $928M | above the range | +2.7% |
| Q1 FY27 | $855M–$858M (Mar 4, 2026) | $883M | above the range | +3.1% |
| FY27 | $3.6B–$3.6B (Mar 4, 2026) → raised $3.6B–$3.6B (Jun 3, 2026) → raised $3.7B–$3.7B (Aug 26, 2026) | — | to be reported | — |
| Q4 FY26 | $807M–$810M (Nov 20, 2025) | $836M | above the range | +3.4% |
| FY26 | $3.0B–$3.1B (Mar 5, 2025) → raised $3.1B–$3.1B (May 28, 2025) → raised $3.1B–$3.1B (Aug 27, 2025) → raised $3.2B–$3.2B (Nov 20, 2025) | $3.2B | within the range | +0.9% |
| Q3 FY26 | $790M–$793M (Aug 27, 2025) | $811M | above the range | +2.5% |
| Q2 FY26 | $766M–$769M (May 28, 2025) | $789M | above the range | +2.8% |
| Q1 FY26 | $726M–$729M (Mar 5, 2025) | $759M | above the range | +4.3% |
| Q4 FY25 | $696M–$699M (Dec 5, 2024) | $721M | above the range | +3.4% |
Adjusted operating income
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 FY27 | $417M–$420M (Aug 26, 2026) | — | to be reported | — |
| Q2 FY27 | $392M–$395M (Jun 3, 2026) | — | — | — |
| FY27 | $1.6B (Mar 4, 2026) → raised $1.6B (Jun 3, 2026) → raised $1.6B (Aug 26, 2026) | — | to be reported | — |
| Q1 FY27 | $378M–$381M (Mar 4, 2026) | — | — | — |
| Q4 FY26 | $350M (Nov 20, 2025) | — | — | — |
| Q3 FY26 | $348M–$350M (Aug 27, 2025) | — | — | — |
| Q2 FY26 | $335M–$337M (May 28, 2025) | — | — | — |
| FY26 | $1.3B (Mar 5, 2025) → raised $1.4B (May 28, 2025) → raised $1.4B (Aug 27, 2025) → raised $1.4B (Nov 20, 2025) | — | — | — |
| Q1 FY26 | $307M–$309M (Mar 5, 2025) | — | — | — |
| Q4 FY25 | $275M (Dec 5, 2024) | — | — | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 FY27 | $2.33–$2.34 (Aug 26, 2026) | — | to be reported | — |
| Q2 FY27 | $2.21–$2.22 (Jun 3, 2026) | — | — | — |
| FY27 | $8.85 (Mar 4, 2026) → raised $9.05 (Jun 3, 2026) → raised $9.21 (Aug 26, 2026) | — | to be reported | — |
| Q1 FY27 | $2.13–$2.14 (Mar 4, 2026) | — | — | — |
| Q4 FY26 | $1.92 (Nov 20, 2025) | — | — | — |
| Q3 FY26 | $1.94–$1.95 (Aug 27, 2025) | — | — | — |
| Q2 FY26 | $1.89–$1.90 (May 28, 2025) | — | — | — |
| FY26 | $7.32 (Mar 5, 2025) → raised $7.63 (May 28, 2025) → raised $7.78 (Aug 27, 2025) → raised $7.93 (Nov 20, 2025) | — | — | — |
| Q1 FY26 | $1.74–$1.75 (Mar 5, 2025) | — | — | — |
| Q4 FY25 | $1.57 (Dec 5, 2024) | — | — | — |
The latest quarter
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
Does Veeva Systems beat its guidance?
Veeva Systems gave guidance in 12 earnings releases on file since Dec 6, 2023. Of 9 guided periods since reported, it met or beat its own guidance 9 times (100%). Revenue: 9 of 9, on average +2.7% against the guided midpoint.
How often does Veeva Systems raise guidance?
Its earnings releases raised guidance twice and lowered it 0 times since Dec 6, 2023.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.