โ
๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Revenue: $928.0M (+18% YoY)
โข Subscription Revenue: $766.8M (+16% YoY)
โข GAAP Operating Income: $275.0M (+40% YoY)
โข Adj. Operating Income: $415.9M (+18% YoY)
โข GAAP EPS: $1.66 vs. $1.19 YoY
โข Adj. EPS: $2.35 vs. $1.99 YoY
โข Adj. Net Income: $387.4M (+16% YoY)
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข Q3 Revenue: $932Mโ$935M
โข Q3 Adj. Operating Income: $417Mโ$420M
โข Q3 Adj. EPS: $2.33โ$2.34
โข FY27 Revenue: $3.682Bโ$3.687B
โข FY27 Adj. Operating Income: ~$1.640B
โข FY27 Adj. EPS: ~$9.21
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Q2 results exceeded guidance across all metrics, while management said its full-year outlook improved across the board
โข Vault CRM had its best quarter ever, with more than 180 customers live and 12 of the top 20 biopharmas now committed globally
โข AI adoption accelerated across Vault AI and Veeva Falcon; Falcon has five early adopters and remains on track for initial go-lives this year
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โAI is opening up the next big chapter for Veeva and life sciences.โ