Filing Flows › Veeva Systems (VEEV) › Operating margin
Veeva Systems (VEEV) operating margin by quarter
Veeva Systems' operating margin was 29.6% in Q2 FY27 (second quarter fiscal 2027), -1.3 pts from Q1 FY27. Over the last 7 quarters it ranged from 24.8% (Q2 FY26) to 30.9% (Q1 FY27).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 FY27 | 29.6% | -1.3 pts | +4.8 pts |
| Q1 FY27 | 30.9% | +1.5 pts | +0.1 pts |
| Q4 FY26 | 29.4% | -0.3 pts | +3.3 pts |
| Q3 FY26 | 29.7% | +4.9 pts | — |
| Q2 FY26 | 24.8% | -6.0 pts | — |
| Q1 FY26 | 30.8% | +4.7 pts | — |
| Q4 FY25 | 26.1% | — | — |
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' operating margin?
Veeva Systems' operating margin was 29.6% in Q2 FY27 (second quarter fiscal 2027), -1.3 pts from Q1 FY27.
How has Veeva Systems' operating margin changed?
Over the last 7 quarters it ranged from 24.8% (Q2 FY26) to 30.9% (Q1 FY27).