R&D expense · 2011–2025

Veeva Systems R&D expense

$767M+10.7% · FY2025

Veeva Systems (VEEV) reported $767M in R&D expense for fiscal 2025, +10.7% year on year.

$7.8M2011$14.6M2012$26.3M2013$41.2M2014$66.0M2015$96.7M2016$132M2017$159M2018$210M2019$294M2020$382M2021$520M2022$629M2023$693M2024$767M2025
Veeva Systems — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252026-01-31$767M+10.7%Open →
FY20242025-01-31$693M+10.2%Open →
FY20232024-01-31$629M+20.9%Open →
FY20222023-01-31$520M+36.2%Open →
FY20212022-01-31$382M+29.8%Open →
FY20202021-01-31$294M+40.2%Open →
FY20192020-01-31$210M+32.2%Open →
FY20182019-01-31$159M+20.3%Open →
FY20172018-01-31$132M+36.5%Open →
FY20162017-01-31$96.7M+46.6%Open →
FY20152016-01-31$66.0M+60.3%Open →
FY20142015-01-31$41.2M+56.3%Open →
FY20132014-01-31$26.3M+79.9%Open →
FY20122013-01-31$14.6M+88.9%Open →
FY20112012-01-31$7.8M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +38.9%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Veeva Systems R&D expense |url=https://companiesranked.com/en/company/veeva-systems/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Veeva Systems R&D expense. CompaniesRanked. https://companiesranked.com/en/company/veeva-systems/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-veeva-systems-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Veeva Systems R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/veeva-systems/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001393052-26-000014 · March 20, 2026

{{cite web |title=Veeva Systems R&D expense — 10-K (0001393052-26-000014) |url=https://www.sec.gov/Archives/edgar/data/1393052/000139305226000014/veev-20260131.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-20}}

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