Quick Answer
VEEVA SYSTEMS INC reported R&D Expense of $767.39 million for fiscal year 2026.
VEEVA SYSTEMS INC R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2026 | $767.39M | +10.7% |
| 2025 | $693.08M | +10.2% |
| 2024 | $629.03M | +20.9% |
| 2023 | $520.28M | +36.2% |
| 2022 | $382.04M | +29.8% |
| 2021 | $294.22M | +40.2% |
| 2020 | $209.90M | +32.2% |
| 2019 | $158.78M | +20.3% |
| 2018 | $132.02M | +36.5% |
| 2017 | $96.74M | +46.6% |
| 2016 | $65.98M | +60.3% |
| 2015 | $41.16M | +56.3% |
| 2014 | $26.33M | +79.9% |
| 2013 | $14.64M | +88.9% |
| 2012 | $7.75M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| October 31, 2025 | $191.88M | +11.3% | -0.4% |
| July 31, 2025 | $192.68M | +9.2% | +4.7% |
| April 30, 2025 | $184.03M | +13.1% | +6.7% |
| October 31, 2024 | $172.41M | +6.9% | -2.3% |
| July 31, 2024 | $176.43M | +12.2% | +8.4% |
| April 30, 2024 | $162.71M | +10.7% | +0.9% |
| October 31, 2023 | $161.28M | +23.8% | +2.6% |
| July 31, 2023 | $157.23M | +17.3% | +7.0% |
- VEEVA SYSTEMS INC showed an increase of +10.7% in R&D Expense compared to the prior fiscal year.
- Over the 2012–2026 period, VEEVA SYSTEMS INC’s r&d expense has grown by 9801.8% (from $7.75 million to $767.39 million).
- The most recent figure is from VEEVA SYSTEMS INC’s fiscal year 2026 report (Form 10-K), filed with the SEC on March 20, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
Last verified: