{
  "url": "https://struct.news/briefs/veevas-operating-margin-jumped-to-296-helped-by-a-31m-prior-year-litigation-charge",
  "title": "Veeva’s operating margin jumped to 29.6%, helped by a $31M prior-year litigation charge",
  "summary": "A $31 million litigation settlement charge hit the comparable three-month period, making this year’s margin expansion look cleaner than the underlying cost lines.",
  "published_at": "2026-08-27T20:10:11.725187+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Veeva Systems Inc.",
    "ticker": "VEEV",
    "cik": "1393052",
    "sector": "Healthcare",
    "industry": "Health Information Services"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-27",
    "accession": "0001393052-26-000036",
    "url": "https://www.sec.gov/Archives/edgar/data/1393052/000139305226000036/veev-20260731.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-29",
    "url": "https://www.sec.gov/Archives/edgar/data/1393052/000139305225000067/veev-20250731.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 3195311000,
      "display": "$3.2B",
      "unit": "usd",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001393052-26-000036",
        "filing_date": "2026-08-27"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 16.33615729010831,
      "display": "+16.3%",
      "unit": "percent",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001393052-26-000036",
        "filing_date": "2026-08-27"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": 28.67855429408906,
      "display": "+28.7%",
      "unit": "percent",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001393052-26-000036",
        "filing_date": "2026-08-27"
      }
    }
  ],
  "watch_next": [
    {
      "type": "litigation",
      "statement": "G&A fell because the comparable period included a $31 million litigation settlement-related charge, creating a one-period margin comparison effect.",
      "importance": "medium",
      "evidence": "The decrease in general and administrative expenses for the three and six months ended July 31, 2026 was primarily due to $31 million in litigation settlement-related charges that was incurred in the quarter ended July 31, 2025.",
      "source_date": "2026-08-27"
    },
    {
      "type": "pricing",
      "statement": "Subscription revenue growth included higher prices from Veeva’s annual inflation adjustment, alongside expanding use by existing customers.",
      "importance": "medium",
      "evidence": "The increase in subscription revenues attributable to R&D and Quality Solutions and Commercial Solutions for the three and six months ended July 31, 2026 was driven by the expanding use by existing customers and higher prices in connection with our annual inflation adjustment for our products.",
      "source_date": "2026-08-27"
    },
    {
      "type": "product_pipeline",
      "statement": "Veeva expects R&D spending to rise as it invests in products, with employee compensation and hosting fees as the named drivers.",
      "importance": "medium",
      "evidence": "We expect research and development expenses to increase in the future, primarily due to employee compensation-related costs and hosting fees as we continue to invest in our product offerings.",
      "source_date": "2026-08-27"
    }
  ],
  "related_tickers": [
    "VEEV"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}