Veeva Systems Inc VEEV Income Statement

Veeva systems inc (VEEV)

Income statement / TTM

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Oct'12
Stock-based compensation
-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenues:
Total revenues
1,104,081	1,024,896	968,706	911,415	862,210	815,871	768,148	726,334	690,559	661,227	626,998	590,550	550,542	508,160	472,302	439,062	409,221	381,963	358,867	336,424	313,222	289,013	260,167	234,084	210,151	183,144	0	0	0
Cost of revenues:
Total cost of revenues
303,369	273,576	261,621	250,629	245,281	239,666	231,526	222,700	211,422	198,981	189,672	181,467	173,681	166,955	160,042	151,320	142,214	133,626	127,030	121,693	115,658	108,860	99,836	90,843	82,602	74,100	0	0	0
Gross profit
800,712	751,320	707,085	660,786	616,929	576,205	536,622	503,634	479,137	462,246	437,326	409,083	376,861	341,205	312,260	287,742	267,007	248,337	231,837	214,731	197,564	180,153	160,331	143,241	127,549	109,044	0	0	0
Operating expenses:
Research and development
209,895	191,453	178,879	166,559	158,783	153,017	147,051	140,903	132,017	121,119	112,096	102,981	96,743	90,745	83,400	75,092	65,976	57,621	50,589	45,121	41,156	37,272	33,222	29,792	26,327	22,074	0	0	0
Sales and marketing
190,331	169,523	161,698	154,099	148,867	144,984	139,177	133,025	128,781	120,715	117,214	114,052	110,634	111,108	103,062	92,211	80,984	69,226	63,132	58,885	56,203	53,643	50,859	46,659	41,507	34,055	0	0	0
General and administrative
114,267	101,521	95,391	90,049	86,413	79,832	72,621	66,684	60,410	55,737	52,026	50,305	48,796	48,703	48,859	44,969	41,458	37,429	34,214	32,391	30,239	28,647	25,615	23,102	20,411	16,135	0	0	0
Total operating expenses
514,493	462,497	435,968	410,707	394,063	377,833	358,849	340,612	321,208	297,571	281,336	267,338	256,173	250,556	235,321	212,272	188,418	164,276	147,935	136,397	127,598	119,562	109,696	99,553	88,245	72,264	0	0	0
Operating income
286,219	288,823	271,117	250,079	222,866	198,372	177,773	163,022	157,929	164,675	155,990	141,745	120,688	90,649	76,939	75,470	78,589	84,061	83,902	78,334	69,966	60,591	50,635	43,688	39,304	36,780	0	0	0
Other Nonoperating Income (Expense)
27,478	28,324	23,789	19,799	15,777	13,121	9,874	9,390	7,842	4,565	3,731	-489	1,667	1,510	1,095	2,012	28	-1,232	-2,331	-1,987	-2,780	-1,485	-371	-335	-804	-365	0	0	0
Income before income taxes
313,697	317,147	294,906	269,878	238,643	211,493	187,647	172,412	165,771	169,240	159,721	141,256	122,355	92,159	78,034	77,482	78,617	82,829	81,571	76,347	67,186	59,106	50,264	43,353	38,500	36,415	0	0	0
Income Tax Expense (Benefit)
12,579	11,060	6,979	10,907	8,811	12,158	17,472	13,921	14,594	28,242	32,018	39,197	44,783	27,472	24,495	23,495	24,157	32,633	31,599	30,203	26,803	25,802	20,693	17,362	14,885	13,298	0	0	0
Net income
301,118	306,087	287,927	258,971	229,832	199,335	170,175	158,491	151,177	140,998	127,703	102,059	77,572	64,687	53,539	53,987	54,460	50,196	49,972	46,144	40,383	33,304	29,571	25,991	23,615	23,117	0	0	0
Net income, basic and diluted
301,118	306,087	287,927	258,971	229,832	199,335	170,175	158,491	151,177	141,000	127,705	102,060	77,569	64,678	53,521	53,954	54,413	50,115	49,840	45,940	40,104	32,961	25,102	16,887	10,685	0	0	0	-
Net income attributable to Class A and Class B common stockholders
Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Earnings Per Share [Abstract]
Basic
0.44	0.56	0.54	0.50	0.49	0.44	0.35	0.31	0.28	0.25	0.28	0.27	0.22	0.16	0.10	0.09	0.13	0.08	0.10	0.10	0.10	0.08	0.07	0.06	0.05	0.07	0.05	0.04	0.05
Diluted
0.41	0.52	0.50	0.47	0.45	0.41	0.32	0.29	0.26	0.23	0.25	0.24	0.20	0.15	0.09	0.09	0.13	0.07	0.09	0.09	0.09	0.07	0.07	0.05	0.04	0.05	0.03	0.03	0.03
Weighted-average shares used to compute net income per share:
Basic
148,809	148,157	147,510	146,708	145,714	144,737	143,748	142,777	143,281	140,857	140,010	137,096	138,046	135,624	135,126	133,996	132,705	132,413	131,799	131,163	130,345	129,212	127,314	123,902	122,578	35,802	24,418	21,610	20,743
Diluted
157,849	158,750	158,675	157,910	158,092	156,025	155,416	154,935	155,634	154,256	153,778	151,056	150,013	147,436	147,155	145,708	145,240	145,063	144,871	144,734	144,737	144,289	143,353	142,849	143,221	131,963	37,038	32,988	30,369
Other comprehensive income:
Net change in unrealized gain (losses) on available-for-sale investments
2,388	2,890	2,170	2,066	1,409	-588	-864	-1,187	-1,598	-511	-497	-433	-153	-25	170	-4	-181	-66	65	27	76	0	0	0	-	-	-	-	0
Net change in cumulative foreign currency translation gain (loss)
-2,857	-1,478	-2,144	-1,974	-2,081	-1,674	-527	1,372	3,086	1,214	899	884	92	319	719	448	327	115	21	-43	-69	0	0	0	-	-	-	-	-
Comprehensive income
300,649	307,499	287,953	259,063	229,160	197,073	168,784	158,676	152,665	141,701	128,105	102,510	77,511	64,981	54,428	54,431	54,606	50,245	50,058	46,128	40,390	0	0	0	-	-	-	-	0
Cost of subscription services
Stock-based compensation
-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of professional services and other
Stock-based compensation
-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Research and development
Stock-based compensation
-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales and marketing
Stock-based compensation
-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
Stock-based compensation
-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subscription services
Total revenues
896,294	832,845	784,299	736,579	694,467	655,760	620,348	586,306	559,434	533,480	504,253	473,914	440,815	405,222	373,383	343,452	316,314	292,445	272,144	253,436	233,063	212,214	189,714	167,205	146,621	120,904	0	0	0
Total cost of revenues
136,328	123,437	119,808	117,474	117,009	117,163	116,586	114,240	110,465	105,996	102,471	98,779	94,386	89,301	83,341	77,052	71,180	66,175	62,311	58,838	55,005	51,585	46,687	41,289	36,199	29,569	0	0	0
Professional services and other
Total revenues
207,787	192,051	184,407	174,836	167,743	160,111	147,800	140,028	131,125	127,747	122,745	116,636	109,727	102,938	98,919	95,610	92,907	89,518	86,723	82,988	80,159	76,799	70,453	66,879	63,530	62,240	0	0	0
Total cost of revenues
167,041	150,139	141,813	133,155	128,272	122,503	114,940	108,460	100,957	92,985	87,201	82,688	79,295	77,654	76,701	74,268	71,034	67,451	64,719	62,855	60,653	57,275	53,149	49,554	46,403	44,531	0	0	0