VEEVA SYSTEMS INC
For the period ended Jul 31, 2024. Filed Sep 4, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jul 31, 2024 · Filed Sep 4, 2024
VEEV$305.55-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Stockholders’ Equity
(In thousands, except share data)
| Three months ended July 31, 2024 · Three months ended July 31, 2023 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common stock · Additionalpaid-incapital · Retainedearnings · Accumulatedothercomprehensiveloss · Totalstockholders’equity · Class A & B common stock(1) · Additional paid-in capital · Retained earnings · Accumulated other comprehensive loss · Total stockholders’ equity | ||||||||||||
| Shares · Amount · Shares · Amount | ||||||||||||
| Balances at beginning of period | 161,624,611 | $2 | $2,017,904 | $2,902,121 | $(30,646) | $4,889,381 | 160,200,232 | $2 | $1,622,547 | $2,346,273 | $(25,759) | $3,943,063 |
| Issuance of common stock upon exercise of stock options | 48,813 | — | 6,400 | — | — | 6,400 | 233,434 | — | 22,995 | — | — | 22,995 |
| Issuance of common stock upon vesting of restricted stock units | 247,439 | — | — | — | — | — | 294,253 | — | — | — | — | — |
| Shares withheld related to net share settlement | (90,576) | — | (16,630) | — | — | (16,630) | (105,301) | — | (20,589) | — | — | (20,589) |
| Stock-based compensation expense | — | — | 109,435 | — | — | 109,435 | — | — | 104,170 | — | — | 104,170 |
| Change in other comprehensive loss | — | — | — | — | 25,071 | 25,071 | — | — | — | — | (8,624) | (8,624) |
| Net income | — | — | — | 171,041 | — | 171,041 | — | — | — | 111,628 | — | 111,628 |
| Balances at end of period | 161,830,287 | $2 | $2,117,109 | $3,073,162 | $(5,575) | $5,184,698 | 160,622,618 | $2 | $1,729,123 | $2,457,901 | $(34,383) | $4,152,643 |
| Six months ended July 31, 2024 · Six months ended July 31, 2023 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common stock · Additionalpaid-incapital · Retainedearnings · Accumulatedothercomprehensiveloss · Totalstockholders’equity · Class A & Bcommon stock(1) · Additionalpaid-incapital · Retainedearnings · Accumulatedothercomprehensiveloss · Totalstockholders’equity | ||||||||||||
| Shares · Amount · Shares · Amount | ||||||||||||
| Balances at beginning of period | 161,260,172 | $2 | $1,915,002 | $2,740,457 | $(10,637) | $4,644,824 | 158,244,607 | $2 | $1,532,627 | $2,214,752 | $(31,129) | $3,716,252 |
| Issuance of common stock upon exercise of stock options | 227,590 | — | 34,834 | — | — | 34,834 | 2,021,443 | — | 38,228 | — | — | 38,228 |
| Issuance of common stock upon vesting of restricted stock units | 542,482 | — | — | — | — | — | 555,035 | — | — | — | — | — |
| Shares withheld related to net share settlement | (199,957) | — | (41,588) | — | — | (41,588) | (198,467) | — | (37,575) | — | — | (37,575) |
| Stock-based compensation expense | — | — | 208,861 | — | — | 208,861 | — | — | 195,843 | — | — | 195,843 |
| Change in other comprehensive loss | — | — | — | — | 5,062 | 5,062 | — | — | — | — | (3,254) | (3,254) |
| Net income | — | — | — | 332,705 | — | 332,705 | — | — | — | 243,149 | — | 243,149 |
| Balances at end of period | 161,830,287 | $2 | $2,117,109 | $3,073,162 | $(5,575) | $5,184,698 | 160,622,618 | $2 | $1,729,123 | $2,457,901 | $(34,383) | $4,152,643 |
| (1) Class B common stock was converted to Class A common stock on October 15, 2023. We refer to our Class A common stock as common stock. See note 12 Net Income per Share. | ||||||||||||
| 6 | Veeva Systems Inc. | Form 10-Q |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.