Veeva Systems Inc. (VEEV) balance sheet
NYSE · Technology · Software - Application · 7,928 employees · CEO Peter Gassner
- Price
- $312.96 +0.84%
- Market cap
- $50.7B
- Enterprise value
- $49B
- Last report
- Q2 '27 filed 2026-08-27
- Next report
- 2026-11-25 EPS est. $2.33
At the end of Q2 '27 Veeva Systems Inc. (VEEV) held $7.24B in cash and short-term investments against $152M of debt incl. leases. Total assets $9.06B, total liabilities $1.63B, shareholders' equity $7.43B.
Balance sheet
| Balance sheet | Trend | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $744M | $703M | $1.2B | $1.17B | $1.04B | $1.12B | $1.96B | $1.93B | $1.66B | $1.42B | $1.9B | $1.81B | |
| Short-term investments | $3.2B | $3.32B | $3.57B | $3.72B | $4.02B | $4.03B | $4.1B | $4.47B | $4.98B | $5.14B | $5.42B | $5.43B | |
| Receivables | $300M | $889M | $401M | $404M | $301M | $1.06B | $541M | $472M | $372M | $1.31B | $628M | $566M | |
| Other current assets | $93.1M | $86.9M | $78.8M | $78.6M | $82.9M | $101M | $97.8M | $118M | $103M | $126M | $123M | $0 | |
| Current assets | $4.34B | $5B | $5.24B | $5.37B | $5.45B | $6.31B | $6.71B | $6.99B | $7.11B | $8B | $8.06B | $7.95B | |
| Property, plant & equipment (net) | $106M | $104M | $103M | $99.8M | $116M | $120M | $122M | $133M | $140M | $146M | $156M | $209M | |
| Goodwill | $440M | $440M | $440M | $440M | $440M | $440M | $440M | $440M | $440M | $440M | $488M | $493M | |
| Intangible assets | $67.9M | $63M | $58.2M | $53.3M | $48.5M | $44.5M | $40.5M | $36.4M | $32.7M | $30.3M | $55.5M | $55.6M | |
| Deferred tax assets | $218M | $233M | $266M | $291M | $323M | $344M | $366M | $310M | $287M | $273M | $273M | $268M | |
| Other non-current assets | $58.1M | $67.2M | $75.8M | $78.9M | $78.6M | $82.9M | $88.7M | $86.1M | $85.8M | $92.2M | $94.4M | $88.3M | |
| Non-current assets | $890M | $908M | $943M | $963M | $1.01B | $1.03B | $1.06B | $1B | $985M | $982M | $1.07B | $1.11B | |
| Total assets | $5.23B | $5.91B | $6.19B | $6.33B | $6.45B | $7.34B | $7.77B | $8B | $8.1B | $8.98B | $9.13B | $9.06B | |
| Liabilities | |||||||||||||
| Accounts payable | $36.2M | $31.5M | $31.9M | $28.3M | $31.8M | $30.4M | $37.4M | $33.6M | $32.7M | $37.6M | $40.7M | $36M | |
| Accrued expenses | $31.2M | $28.6M | $31.9M | $23.3M | $22M | $28.5M | $31.9M | $40.6M | $41.5M | $45.9M | $52.6M | $91.8M | |
| Short-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10.7M | $10.5M | $0 | $13.1M | $0 | |
| Taxes payable | $6.56M | $19.5M | $77.4M | $11.9M | $10.8M | $30.3M | $91.4M | $3.66M | $6.02M | $6.7M | $0 | $3.02M | |
| Deferred revenue | $644M | $1.05B | $1.03B | $956M | $740M | $1.27B | $1.25B | $1.11B | $822M | $1.49B | $1.48B | $1.31B | |
| Other current liabilities | $18.3M | $19.8M | $21.8M | $22.2M | $20.1M | $18.8M | $39.1M | $58.8M | $31.7M | $45.9M | $51M | $0 | |
| Current liabilities | $768M | $1.18B | $1.22B | $1.07B | $857M | $1.4B | $1.46B | $1.26B | $945M | $1.64B | $1.7B | $1.46B | |
| Lease obligations (non-current) | $48M | $46.4M | $45.4M | $43.9M | $62.5M | $65.8M | $66.6M | $74.8M | $79.3M | $83.7M | $89.9M | $137M | |
| Deferred tax liabilities | $1.15M | $2.05M | $705K | $591K | $475K | $587K | $526K | $439K | $367K | $558K | $1.15M | $2.06M | |
| Other non-current liabilities | $28.6M | $38.7M | $28.8M | $31.2M | $31.4M | $42.6M | $30.3M | $30.6M | $32M | $43.3M | $32.3M | $33.7M | |
| Non-current liabilities | $77.7M | $87.2M | $74.9M | $75.7M | $94.4M | $109M | $97.4M | $106M | $112M | $128M | $123M | $173M | |
| Total liabilities | $846M | $1.27B | $1.3B | $1.15B | $951M | $1.51B | $1.55B | $1.36B | $1.06B | $1.76B | $1.83B | $1.63B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | |
| Retained earnings | $2.59B | $2.74B | $2.9B | $3.07B | $3.26B | $3.45B | $3.68B | $3.88B | $4.12B | $4.36B | $4.62B | $4.9B | |
| Accumulated other comprehensive income | -$37.5M | -$10.6M | -$30.6M | -$5.58M | -$6.46M | -$8.42M | $8.91M | -$2M | $9.91M | $8.16M | -$19.8M | -$46.1M | |
| Shareholders' equity | $4.38B | $4.64B | $4.89B | $5.18B | $5.5B | $5.83B | $6.21B | $6.64B | $7.04B | $7.21B | $7.3B | $7.43B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $57.7M | $55.8M | $55.7M | $54.1M | $71.7M | $75.8M | $77.2M | $85.4M | $89.8M | $95.9M | $103M | $152M | |
| Net debt (debt - cash) | -$686M | -$648M | -$1.14B | -$1.11B | -$973M | -$1.04B | -$1.89B | -$1.84B | -$1.57B | -$1.33B | -$1.79B | -$1.66B | |
| Balance sheet | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $218M | $320M | $551M | $477M | $731M | $1.14B | $886M | $703M | $1.12B | $1.42B | |
| Short-term investments | $301M | $442M | $539M | $610M | $933M | $1.24B | $2.22B | $3.32B | $4.03B | $5.14B | |
| Receivables | $183M | $238M | $322M | $423M | $612M | $694M | $785M | $889M | $1.06B | $1.31B | |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $81.5M | $86.9M | $101M | $126M | |
| Current assets | $712M | $1.01B | $1.43B | $1.53B | $2.31B | $3.11B | $3.97B | $5B | $6.31B | $8B | |
| Property, plant & equipment (net) | $49.9M | $52.3M | $55M | $104M | $111M | $104M | $105M | $104M | $120M | $146M | |
| Goodwill | $95.8M | $95.8M | $95.8M | $439M | $436M | $440M | $440M | $440M | $440M | $440M | |
| Intangible assets | $39.3M | $31.5M | $24.5M | $135M | $115M | $102M | $82.5M | $63M | $44.5M | $30.3M | |
| Deferred tax assets | $16.8M | $2.22M | $5.94M | $11.9M | $14.1M | $5.1M | $137M | $233M | $344M | $273M | |
| Other non-current assets | $4.06M | $36.1M | $39.1M | $51.8M | $60M | $58.2M | $70.8M | $67.2M | $82.9M | $92.2M | |
| Non-current assets | $206M | $218M | $220M | $741M | $735M | $709M | $835M | $908M | $1.03B | $982M | |
| Total assets | $918M | $1.23B | $1.65B | $2.27B | $3.05B | $3.82B | $4.8B | $5.91B | $7.34B | $8.98B | |
| Liabilities | |||||||||||
| Accounts payable | $5.68M | $6.94M | $9.11M | $19.4M | $23.3M | $20.3M | $41.7M | $31.5M | $30.4M | $37.6M | |
| Accrued expenses | $5.13M | $5.21M | $8.1M | $10.9M | $11M | $28.4M | $30.7M | $28.6M | $28.5M | $45.9M | |
| Taxes payable | $3.23M | $2.08M | $4.09M | $5.61M | $2.59M | $7.76M | $4.95M | $19.5M | $9.02M | $6.7M | |
| Deferred revenue | $214M | $267M | $356M | $469M | $617M | $732M | $869M | $1.05B | $1.27B | $1.49B | |
| Other current liabilities | $12M | $17.1M | $15.3M | $25.6M | $30.4M | $15.8M | $16.8M | $19.8M | $18.8M | $45.9M | |
| Current liabilities | $247M | $306M | $401M | $551M | $716M | $841M | $1.01B | $1.18B | $1.4B | $1.64B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $44.8M | $51.4M | $43.6M | $49.7M | $46.4M | $65.8M | $83.7M | |
| Deferred tax liabilities | $13M | $10.9M | $6.1M | $2.42M | $1.84M | $2.22M | $1.49M | $2.05M | $587K | $558K | |
| Other non-current liabilities | $4.96M | $6.98M | $8.9M | $7.78M | $10.6M | $18.2M | $30.1M | $38.7M | $42.6M | $43.3M | |
| Non-current liabilities | $17.9M | $17.9M | $15M | $55M | $63.8M | $64M | $81.2M | $87.2M | $109M | $128M | |
| Total liabilities | $265M | $324M | $416M | $606M | $780M | $905M | $1.09B | $1.27B | $1.51B | $1.76B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $1K | $1K | $1K | $1K | $2K | $2K | $2K | $2K | $2K | $2K | |
| Retained earnings | $212M | $389M | $619M | $920M | $1.3B | $1.73B | $2.21B | $2.74B | $3.45B | $4.36B | |
| Accumulated other comprehensive income | $111K | $1.6M | $928K | $460K | $992K | -$12M | -$31.1M | -$10.6M | -$8.42M | $8.16M | |
| Shareholders' equity | $653M | $906M | $1.24B | $1.67B | $2.27B | $2.91B | $3.72B | $4.64B | $5.83B | $7.21B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $0 | $0 | $0 | $54.8M | $63.1M | $54.6M | $61M | $55.8M | $75.8M | $95.9M | |
| Net debt (debt - cash) | -$218M | -$320M | -$551M | -$422M | -$667M | -$1.08B | -$825M | -$648M | -$1.04B | -$1.33B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-07-31, 10-Q 2026-04-30, 10-K 2026-01-31, 10-Q 2025-10-31, 10-Q 2025-07-31, 10-Q 2025-04-30, 10-K 2025-01-31, 10-Q 2024-10-31, 10-Q 2024-07-31
Data as of 2026-11-02