VEEVA SYSTEMS INC — Form 8-K
Filed August 26, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 42/100
What the filing says
Veeva reported Q2 FY2027 (ended July 31, 2026) total revenues of $928.0M (+18% YoY) and subscription revenues of $766.8M (+16% YoY), beating guidance. Operating income grew 40% YoY to $275.0M GAAP ($415.9M non-GAAP, +18% YoY). Diluted EPS was $1.66 GAAP ($2.35 non-GAAP). Full-year FY2027 guidance raised: revenues $3,682–$3,687M, non-GAAP operating income ~$1,640M, non-GAAP EPS ~$9.21. Key drivers: Vault CRM momentum (180+ customers, 12 top-20 biopharma commitments), Falcon agentic platform scaling (5 early adopters), and R&D/Quality Cloud adoption. Cash position strong at $1.81B.
Why this rating
Strong beat and raised guidance support stock momentum. At $42.6B market cap, $928M quarterly revenue (~4.4% of annual run-rate) is incremental but guidance raise to $3.68B+ is material for trajectory. AI/agentic themes resonating; not transformational yet relative to scale.
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