Veeva Systems — Q3 2027 Earnings Summary

Financial Performance

• Total revenue guidance for the quarter ended October 31, 2026, is $932–935 million.
• Subscription revenue is expected to be approximately $782 million.
• Services revenue is projected to range between $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 estimating excluded items such as stock-based compensation expense.
• Foreign exchange rates were assumed to stay near current levels, resulting in an immaterial impact on total revenue and non-GAAP operating income compared to Q3 2026.

Guidance and Future Outlook

• The company expects to meet or exceed the Q3 2027 guidance issued on August 26, 2026.
• The guidance assumes foreign exchange rates remain near current levels.

Other Key Points

• The press release is an exhibit (EX-99.1) titled "a2026veevainvestordayexv" and includes an image reference.
• The company explicitly stated it could not provide GAAP targets for operating income and fully diluted net income per share because the effect of excluded items, such as stock-based compensation, may be significant.