Veeva Systems Inc
NYSE:VEEV

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Veeva Systems Inc
NYSE:VEEV
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Price: 216.58 USD 0.95% Market Closed
Market Cap: 35.1B USD
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Gross Margin
Veeva Systems Inc

73.4%
Current
72%
Average
47.2%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
73.4%
=
Gross Profit
1.9B
/
Revenue
2.6B

Gross Margin Across Competitors

Country US
Market Cap 35B USD
Gross Margin
73%
Country US
Market Cap 31.3B USD
Gross Margin
83%
Country AU
Market Cap 23.2B AUD
Gross Margin
100%
Country US
Market Cap 9B USD
Gross Margin
90%
Country JP
Market Cap 967.6B JPY
Gross Margin
58%
Country US
Market Cap 5.7B USD
Gross Margin
85%
Country US
Market Cap 5.4B USD
Gross Margin
67%
Country SE
Market Cap 53.1B SEK
Gross Margin
47%
Country US
Market Cap 2.4B EUR
Gross Margin
66%
Country CN
Market Cap 16.4B CNY
Gross Margin
43%
Country US
Market Cap 2.1B USD
Gross Margin
41%
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Veeva Systems Inc
Glance View

Market Cap
35B USD
Industry
Health Care

Veeva Systems Inc. is a cloud-based software company that specializes in providing innovative solutions for the life sciences industry. Founded in 2007, Veeva has grown into a leading player, helping pharmaceutical and biotechnology companies manage their critical data and workflow efficiently. With an array of products tailored to various functions such as clinical trials, regulatory compliance, and commercial operations, Veeva’s offerings are designed to streamline processes while ensuring compliance with the stringent regulations that govern the healthcare sector. The company has established a robust reputation and a vast customer base, including many of the world's most prominent drug manufacturers, which highlights its strategic importance in an ever-evolving industry. Investors looking at Veeva Systems should note the company’s impressive growth trajectory, characterized by consistent revenue increases and a strong margin profile. As healthcare increasingly shifts towards digital solutions, Veeva stands at the forefront of this transformation, capturing the growing demand for cloud-based applications. Moreover, Veeva’s commitment to innovation and its customer-centric approach position it well to capitalize on future opportunities within life sciences, particularly as the industry seeks to enhance efficiency and reduce costs. With a strong balance sheet and a business model that emphasizes recurring revenue through subscription services, Veeva Systems presents a compelling investment proposition for those interested in the intersection of technology and healthcare.

VEEV Intrinsic Value
121.68 USD
Overvaluation 44%
Intrinsic Value
Price

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
73.4%
=
Gross Profit
1.9B
/
Revenue
2.6B
What is the Gross Margin of Veeva Systems Inc?

Based on Veeva Systems Inc's most recent financial statements, the company has Gross Margin of 73.4%.