Veeva Systems — Q3 2027 Earnings Summary

The company projects total revenue between $932 million and $935 million, comprising approximately $782 million in subscription revenue and $150 million to $153 million in services revenue. Non-GAAP operating income is expected to range from $417 million to $420 million, with non-GAAP fully diluted net income per share forecasted at $2.33 to $2.34. These figures represent an expectation to meet or exceed the guidance issued on August 26, 2026, for the third quarter of 2027. The guidance assumes foreign exchange rates remain near current levels, resulting in an immaterial impact on total revenue and non-GAAP operating income compared to the prior year quarter. GAAP targets for operating income and net income per share were not provided due to the difficulty in reasonably predicting excluded items such as stock-based compensation charges.