Veeva Systems Inc. (VEEV) Earnings Call Transcripts

Veeva Systems Inc.'s Latest Earnings Call - September 10, 2026

In the fiscal Q2 2026 earnings call for Veeva Systems Inc., management reported a revenue of $500 million, reflecting a 12% year-over-year growth, which was slightly above analyst expectations. Earnings per share (EPS) came in at $0.75, beating estimates by $0.05. Management maintained its full-year revenue guidance, projecting between $2.0 billion and $2.1 billion, indicating confidence in sustained growth driven by strong performance in its commercial and R&D segments, particularly through the success of its Crossix business and the rollout of its Falcon AI platform.

Reported metrics

Guidance from management

Management maintained full-year revenue guidance of $2.0 billion to $2.1 billion, indicating confidence in ongoing growth despite some deceleration in R&D segments.

What management said

That's our expectation right now is that Falcon will ultimately be embedded in each of our areas. It's a stand-alone platform that we've built outside of our main platform, we call Vault. So Falcon sits outside of Vault and is a power user of our applications. The early adopters that we have right now span clinical, quality, regulatory safety. And we also have Falcon agents inside our content area of commercial. We c...

Fairly specific to MLR. So MLR is medical, legal and regulatory review. It's a specific process that our customers have to do inside of the content area. So all of the content that their sales reps share, that they put in an advertisement has to be reviewed by medical, legal and regulatory groups within the organization. That process is time-consuming and cumbersome. That's 3 acronyms means 3 different groups that ha...

What analysts pressed on

Analysts expressed concerns about the deceleration in R&D growth and the maturity of key products. There were also questions regarding the long-term profitability of AI initiatives and how Veeva plans to maintain margins amidst increased competition in the AI space.

Main topics on the call

• AI Strategy and Falcon Launch — Veeva's management highlighted the acceleration of their AI roadmap, particularly with the launch of Falcon, which is designed to automate end-to-end workflows. CFO Brian Van Wagener stated, "We think we can take the tim...
• Commercial Business Growth — The commercial segment saw subscriptions grow by 13% year-over-year, surpassing long-range expectations. Van Wagener noted, "It was a pretty broad-based strength that we saw there," attributing growth to the Crossix busi...
• R&D Growth Deceleration — Management acknowledged a slowdown in R&D growth, projecting mid-teens growth rates due to maturity in key products like eTMF. Van Wagener explained, "Those products are at a pretty high level of maturity and growth from...
• Crossix Business Performance — The Crossix business was highlighted as a key growth driver, with management stating it has "surprised us with the investments that we've made and the good execution from that team." This segment is expected to continue ...

Read the full Veeva Systems Inc. transcript (September 10, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 58 Veeva Systems Inc. earnings call transcripts on record, spanning January 16, 2020 to September 10, 2026. Based on this history, Veeva Systems Inc. reports quarterly. The most recent call on file is dated September 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

VEEV

Exchange

NYSE

Country

US

Sector

Health Care

Industry

Health Care Technology

Calls on record

58

First call

January 16, 2020

Most recent

September 10, 2026

Reporting cadence

quarterly