---
title: Veeva (VEEV) — software card
canonical: https://sweetvaluelab.com/tools/software/veev
ticker: VEEV
tier: Large
as_of: 2026-10-16
---
# Veeva (VEEV) — software card

Veeva, Large, grows revenue 16.5% on a 74.9% gross margin and a 47.5% free-cash-flow margin (— after stock-based compensation), and trades at 12.8× trailing revenue. Prices as of Oct 16, 2026; trailing-twelve-month figures through Aug 31, 2026.

## The card

| Figure | VEEV | Large average (14) |
| --- | ---: | ---: |
| Price | $310.36 |  |
| Revenue (TTM) | $3.5B |  |
| Revenue growth | 16.5% | 27.0% |
| Revenue growth, prior year | 15.3% |  |
| Gross margin | 74.9% | 75.3% |
| Operating margin | 29.9% |  |
| Free cash flow (TTM) | $1.6B |  |
| FCF margin | 47.5% | 31.8% |
| FCF margin after SBC | — |  |
| Stock-based compensation (TTM) | — |  |
| SBC / revenue | — | 14.4% |
| Rule of 40 | 6400 | 5885 |
| Diluted shares, YoY | -1.3% |
| Buybacks (TTM) | $642.6M |  |
| Market value | $51.2B |  |
| Net cash | $7.1B |  |
| Enterprise value | $44.1B |  |
| EV / revenue | 12.8× | 19.2× |
| EV / gross profit | 17.0× |  |
| EV / FCF | 26.9× |  |
| P/E | 51.0 |  |

## Lights

No light is on.

## Data notes

- Stock-based compensation unusable (2026-04-30: stock-based compensation not positive; 2026-01-31: stock-based compensation not positive); SBC figures omitted.

---

Source: https://sweetvaluelab.com/tools/software/veev (SweetValueLab, free, no account). Quarterly statements from Financial Modeling Prep, closes from the daily price cache; the engine's rules are on the board page. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.