Veeva Systems Inc
VEEVQ2 2025(VEEV Q1 FY2026)Estimated3.5% AI
AI Revenue %
3.5%
AI Fair Value
$554.9M
AI Revenue (Q)
$22.8M
Total Revenue (Q)
$650.3M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Total quarterly revenue was $759.0M (subscription $634.8M + professional services $124.3M). Subscription revenue grew 19% YoY. R&D Solutions subscription $329.4M vs Commercial Solutions $305.4M. No AI-specific revenue disclosure. Slight increase to 3.5% reflecting Veeva's continued deepening of AI capabilities in its platform as the industry broadly adopts AI-enhanced pharma software tools through mid-2025. Math: $759.0M * 3.5% = ~$26.6M estimated AI-attributable revenue.
Analyzed by claude-opus-4-6
Quoted Figures
Subscription services $634,768 thousand; Professional services and other $124,275 thousand; Total revenues $759,043 thousand (three months ended April 30, 2025)
10-Q for period ended April 30, 2025, Condensed Consolidated Statements of Comprehensive Income
R&D Solutions subscription services $329,357 thousand; Commercial Solutions subscription services $305,411 thousand
10-Q for period ended April 30, 2025, Note on Revenues by Product
AI Products Identified (Ring 1)
Veeva CRM Bot (with GenAI)Andi (AI search)ML-based analytics in Veeva Data CloudGenAI features in Vault platformClinical trial AI optimizationRegulatory intelligence AI
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Veeva CRMVeeva Vault platformVeeva Data CloudVeeva Development CloudProfessional services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix