Veeva Announces Fiscal 2027 Second Quarter Results
Veeva reported fiscal Q2 2027 total revenue of $928.0 million, an 18% increase year-over-year, driven by a 16% rise in subscription revenue to $766.8 million. The company exceeded guidance on all metrics with Non-GAAP operating income of $415.9 million, while its AI initiatives including Veeva Falcon and Vault AI accelerated with new top 20 biopharma customer wins.
Key figures
- Eps
- 2.35
- Revenue
- $928.0 million
- Guidance
- FY27 revenue $3,682M-$3,687M; Non-GAAP EPS ~$9.21; Q3 revenue $932M-$935M
- Revenue Yoy
- 18%
- Gaap eps
- 1.66
- Operating income
- $275.0 million
- Non gaap net income
- $387.4 million
- Subscription revenues
- $766.8 million
- Non gaap operating income
- $415.9 million
AI analysis
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