VEEVA SYSTEMS INC
For the period ended Jan 31, 2025. Filed Mar 24, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 24, 2025
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
Consolidated Balance Sheets
(In thousands, except number of shares and par value)
| January 31,2025 | January 31,2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $1,118,785 | $703,487 |
| Short-term investments | 4,031,442 | 3,324,269 |
| Accounts receivable, net of allowance for credit losses of $57 and $520, respectively | 1,016,356 | 852,172 |
| Unbilled accounts receivable | 40,761 | 36,365 |
| Prepaid expenses and other current assets | 101,458 | 86,918 |
| Total current assets | 6,308,802 | 5,003,211 |
| Property and equipment, net | 55,912 | 58,532 |
| Deferred costs, net | 26,383 | 23,916 |
| Lease right-of-use assets | 63,863 | 45,602 |
| Goodwill | 439,877 | 439,877 |
| Intangible assets, net | 44,460 | 63,017 |
| Deferred income taxes | 343,919 | 233,463 |
| Other long-term assets | 56,540 | 43,302 |
| Total assets | $7,339,756 | $5,910,920 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $30,447 | $31,513 |
| Accrued compensation and benefits | 39,429 | 43,433 |
| Accrued expenses and other current liabilities | 35,557 | 32,980 |
| Income tax payable | 9,024 | 11,862 |
| Deferred revenue | 1,273,978 | 1,049,761 |
| Lease liabilities | 9,969 | 9,334 |
| Total current liabilities | 1,398,404 | 1,178,883 |
| Deferred income taxes | 587 | 2,052 |
| Long-term lease liabilities | 65,806 | 46,441 |
| Other long-term liabilities | 42,586 | 38,720 |
| Total liabilities | 1,507,383 | 1,266,096 |
| Commitments and contingencies (note 14) | ||
| Stockholders’ equity: | ||
| Common stock, $0.00001 par value; 800,000,000 shares authorized at January 31, 2025 and January 31, 2024. 162,583,789 and 161,260,172 issued and outstanding at January 31, 2025 and January 31, 2024, respectively | 2 | 2 |
| Additional paid-in capital | 2,386,192 | 1,915,002 |
| Accumulated other comprehensive loss | (8,416) | (10,637) |
| Retained earnings | 3,454,595 | 2,740,457 |
| Total stockholders’ equity | 5,832,373 | 4,644,824 |
| Total liabilities and stockholders’ equity | $7,339,756 | $5,910,920 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.