VEEVA SYSTEMS INC
For the period ended Oct 31, 2024. Filed Dec 9, 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.
Oct 31, 2024 · Filed Dec 9, 2024
VEEV$305.55-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Stockholders’ Equity
(In thousands, except share data)
| Three months ended October 31, 2024 · Three months ended October 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 | 161,830,287 | $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 |
| Issuance of common stock upon exercise of stock options | 174,384 | — | 30,270 | — | — | 30,270 | 149,008 | — | 13,956 | — | — | 13,956 |
| Issuance of common stock upon vesting of restricted stock units | 240,316 | — | — | — | — | — | 297,002 | — | — | — | — | — |
| Shares withheld related to net share settlement | (86,519) | — | (17,811) | — | — | (17,811) | (102,941) | — | (21,003) | — | — | (21,003) |
| Stock-based compensation expense | — | — | 119,322 | — | — | 119,322 | — | — | 102,174 | — | — | 102,174 |
| Change in other comprehensive loss | — | — | — | — | (884) | (884) | — | — | — | — | (3,155) | (3,155) |
| Net income | — | — | — | 185,808 | — | 185,808 | — | — | — | 135,158 | — | 135,158 |
| Balances at end of period | 162,158,468 | $2 | $2,248,890 | $3,258,970 | $(6,459) | $5,501,403 | 160,965,687 | $2 | $1,824,250 | $2,593,059 | $(37,538) | $4,379,773 |
| Nine months ended October 31, 2024 · Nine months ended October 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 | 401,974 | — | 65,104 | — | — | 65,104 | 2,170,451 | — | 52,184 | — | — | 52,184 |
| Issuance of common stock upon vesting of restricted stock units | 782,798 | — | — | — | — | — | 852,037 | — | — | — | — | — |
| Shares withheld related to net share settlement | (286,476) | — | (59,399) | — | — | (59,399) | (301,408) | — | (58,579) | — | — | (58,579) |
| Stock-based compensation expense | — | — | 328,183 | — | — | 328,183 | — | — | 298,018 | — | — | 298,018 |
| Change in other comprehensive loss | — | — | — | — | 4,178 | 4,178 | — | — | — | — | (6,409) | (6,409) |
| Net income | — | — | — | 518,513 | — | 518,513 | — | — | — | 378,307 | — | 378,307 |
| Balances at end of period | 162,158,468 | $2 | $2,248,890 | $3,258,970 | $(6,459) | $5,501,403 | 160,965,687 | $2 | $1,824,250 | $2,593,059 | $(37,538) | $4,379,773 |
| (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 |
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