Veeva Q2 2025 Earnings Report
Key Takeaways
Veeva Systems Inc. announced its Q2 Fiscal Year 2025 results, with total revenues of $676.2 million, a 15% increase year over year, and subscription services revenues of $561.3 million, a 19% increase year over year. The company's operating income increased by 60% year over year, and net income increased by 53% year over year.
Total revenues for the second quarter were $676.2 million, up 15% year over year.
Subscription services revenues for the second quarter were $561.3 million, up 19% year over year.
Second quarter operating income was $166.5 million, an increase of 60% year over year.
Second quarter net income was $171.0 million, an increase of 53% year over year.
Veeva
Veeva
Forward Guidance
Veeva provided guidance for its fiscal third quarter ending October 31, 2024, with total revenues between $682 and $685 million and non-GAAP fully diluted net income per share between $1.57 and $1.58. Updated guidance for its fiscal year ending January 31, 2025, includes total revenues between $2,704 and $2,710 million and non-GAAP fully diluted net income per share of approximately $6.22.
Positive Outlook
- Total revenues between $682 and $685 million for Q3 2025.
- Non-GAAP operating income between $273 and $275 million for Q3 2025.
- Non-GAAP fully diluted net income per share between $1.57 and $1.58 for Q3 2025.
- Total revenues between $2,704 and $2,710 million for Fiscal Year 2025.
- Non-GAAP fully diluted net income per share of approximately $6.22 for Fiscal Year 2025.