Veeva Systems — Q3 2027 Earnings Summary

Financial Performance:

• Total Revenue guidance for the quarter is $932–935 million.
• Subscription Revenue guidance is approximately $782 million.
• Services Revenue guidance is $150–153 million.
• Non-GAAP Operating Income guidance is $417–420 million.
• Non-GAAP Fully Diluted Net Income per Share guidance is $2.33–2.34.
• GAAP targets for operating income and fully diluted net income per share were not provided due to the difficulty in reasonably predicting excluded items such as stock-based compensation charges.

Guidance and Future Outlook:

• The company expects to meet or exceed the guidance issued on August 26, 2026.
• The Q3 2027 guidance assumed foreign exchange rates remained near current levels.
• Foreign exchange impacts were assessed as immaterial to total revenue and non-GAAP operating income compared to Q3 2026.

Other Key Points:

• The press release serves as an earnings guidance update rather than a full financial report, focusing on forward-looking metrics for the third quarter ended October 31, 2026.