Veeva Systems Reports Q2 2027 Earnings with Strong Revenue Growth and Updated Guidance
Veeva Systems (VEEV) reported second-quarter fiscal year 2027 earnings, showing total revenue of $928.0 million—a 18% increase from the prior year—driven by strong performance in both commercial and R&D segments. Subscription revenues rose to $766.8 million (+16%), fueled by adoption of Development Cloud and Quality Cloud solutions. The company raised its full-year revenue guidance to between $3,682 million and $3,687 million based on strong first-half performance. Non-GAAP operating income reached $415.9 million with a 44.8% margin due to operational efficiency. Veeva also announced the acquisition of Copli for $81.8 million net of cash acquired, which supports its new Falcon MLR platform. Management highlighted continued customer adoption across key products like Vault CRM and EDC solutions in clinical data management.
Tickers: $VEEV
Topics: guidance_update operating_income revenue subscription_growth