Form 8-K · Current report
Veeva Systems 8-K, filed Aug 26, 2026
- Filed
- CIK
- 0001393052
- Accession no.
- 0001393052-26-000032
Summary
Veeva Systems reported fiscal 2027 second-quarter revenue of $928.0 million, up 18% year over year, with subscription revenue of $766.8 million, and guided fiscal third-quarter revenue to $932–$935 million while improving its full-year outlook. CEO Peter Gassner said Vault CRM had its best quarter ever and Veeva Falcon accelerated, and CFO Brian Van Wagener said results exceeded guidance on all metrics.
Key points
- Second-quarter operating income was $275.0 million, up 40% year over year, non-GAAP operating income was $415.9 million, and net income was $273.4 million, or $1.66 per diluted share.
- Full-year fiscal 2027 guidance is for total revenues of $3,682–$3,687 million, non-GAAP operating income of about $1,640 million, and non-GAAP diluted earnings per share of approximately $9.21.
- Vault CRM has more than 180 customers live, including five top-20 biopharmas, and 12 top-20 biopharma commitments globally.
- Veeva acquired Copli during the quarter, launched Veeva Falcon MLR for automated content reviews, and said Veeva Falcon has five early adopters with initial go-lives expected this year; Veeva Safety surpassed 100 customers.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition. On August 26, 2026, Veeva Systems Inc. (“Veeva”) issued a press release announcing its results for its second quarter ended July 31, 2026. A copy of the press release is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information in this Current Report on Form 8-K and the accompanying Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of…
An excerpt of the text as filed with the SEC, cut for length.
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