Veeva Q4 EPS Climbs 18.4% to $2.06, Revenue Tops $836M
Veeva Systems reported fourth-quarter adjusted EPS of $2.06, up 18.4% year over year and 7.3% above estimates, with revenue rising 16% to $836 million and beating consensus by 3.4%. Shares jumped 11.3% in after-hours trading after the beat and guidance for fiscal 2027 revenue of $3.585–3.6 billion and adjusted EPS of $8.85.
1. Q4 Financial Performance
Veeva delivered adjusted EPS of $2.06, marking an 18.4% year-over-year increase and surpassing consensus by 7.3%. Revenue rose 16% to $836 million, driven by subscription services revenues of $707.7 million and professional services growth to $128.2 million.
2. Margin and Expense Trends
Gross profit improved 15.3% to $622.5 million, while gross margin narrowed 40 basis points to 74.5%. Operating profit climbed 30.5% to $245.9 million as operating margin expanded 330 basis points, supported by disciplined sales, marketing and R&D spending.
3. Fiscal 2027 Outlook
Management projects fiscal 2027 revenue between $3.585 billion and $3.6 billion, with adjusted EPS near $8.85. First-quarter revenue is guided at $855 million to $858 million, including roughly $720 million in subscriptions and $135 million to $138 million in professional services.
4. After-Hours Trading Response
Shares jumped 11.3% in after-market trading on the earnings beat and raised guidance, reflecting investor confidence in continued subscription momentum and profitability targets.