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Veeva Systems's gross profit for the
three
months ended in Jul. 2026 was $696 Mil. Veeva Systems's gross profit for the trailing twelve months (TTM) ended in Jul. 2026 was $2,592 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Veeva Systems's gross profit for the
three
months ended in Jul. 2026 was $696 Mil. Veeva Systems's Revenue for the
three
months ended in Jul. 2026 was $928 Mil. Therefore, Veeva Systems's Gross Margin % for the quarter that ended in Jul. 2026 was 75.00%.
Veeva Systems had a gross margin of 75.00% for the quarter that ended in Jul. 2026 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Veeva Systems was 75.53%. The lowest was 68.45%. And the median was 71.91%.
Veeva Systems (NYSE:VEEV) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Veeva Systems had a gross margin of 75.00% for the quarter that ended in Jul. 2026 => Durable competitive advantage
Veeva Systems Gross Profit Related Terms
Veeva Systems Gross Profit Historical Data
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The historical data trend for Veeva Systems's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Health Information Services subindustry, Veeva Systems's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Veeva Systems Gross Profit vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Veeva Systems's Gross Profit distribution charts can be found below:
* The bar in red indicates where Veeva Systems's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,592 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Veeva Systems (VEEV) has a Gross Profit of $2,592 Mil as of Jul. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Veeva Systems and its competitors.
Is Veeva Systems' Gross Profit too high?
Veeva Systems' current Gross Profit is $2,592 Mil. Overall, Veeva Systems has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Veeva Systems' Gross Profit compare to BTSG and TEM?
Veeva Systems' Gross Profit of $2,592 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Healthcare Providers & Services company?
A good Gross Profit depends on the Healthcare Providers & Services industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Veeva Systems and its competitors. Veeva Systems's current Gross Profit is $2,592 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veeva Systems stock overvalued right now?
Based on GuruFocus' analysis, Veeva Systems (VEEV) is currently considered Fairly Valued. The stock's GF Value™ is $289.17, compared to a current price of $262.49 — trading 9.2% below its estimated fair value. The current Gross Profit is $2,592 Mil. Veeva Systems' overall GF Score™ is 97/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Veeva Systems (VEEV), the current Gross Profit is $2,592 Mil as of Jul. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Veeva Systems (VEEV) Overvalued in 2026?
Based on GuruFocus' analysis, Veeva Systems stock appears to be undervalued.
The current stock price of $262.49 is trading 9.2% below its estimated GF Value™ of $289.17.
GuruFocus considers Veeva Systems to be Fairly Valued.
Key valuation signals for VEEV:
Gross Profit: $2,592 Mil
GF Value™: $289.17 vs. price of $262.49 (9.2% below fair value)
No single metric tells the full story. See the VEEV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veeva is the global leading supplier of cloud-based software solutions for the life sciences industry. The company's best-of-breed offerings address operating and regulatory requirements for customers ranging from small, emerging biotechnology companies to departments of global pharmaceutical manufacturers. The company leverages its domain expertise to improve the efficiency and compliance of the underserved life sciences industry, displacing large, highly customized and dated enterprise resource planning systems that have limited flexibility. Its two main products are Veeva CRM, a customer relationship management platform for companies with a salesforce, and Veeva Vault, a content management platform that tackles various functions within any life sciences company.
97GF Score
Get the complete analysis for VEEV
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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