Veeva Systems Inc
VEEVQ3 2022(VEEV Q2 FY2023)Estimated1.5% AI
AI Revenue %
1.5%
AI Fair Value
$173.8M
AI Revenue (Q)
$7.9M
Total Revenue (Q)
$526.3M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Total quarterly revenue was $552.4M (subscription $441.6M + professional services $110.8M). No AI-specific revenue disclosure. Same product mix as Q1 with embedded AI features in CRM Bot and Data Cloud analytics. No material change in AI feature set. Conservative estimate maintained at 1.5%. Math: $552.4M * 1.5% = ~$8.3M estimated AI-attributable revenue.
Analyzed by claude-opus-4-6
Quoted Figures
Subscription services $441,569 thousand; Professional services and other $110,782 thousand; Total revenues $552,351 thousand (three months ended October 31, 2022)
10-Q for period ended October 31, 2022, Condensed Consolidated Statements of Comprehensive Income
AI Products Identified (Ring 1)
Veeva CRM Bot (early version)ML-based analytics in Veeva Data Cloud
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 CRM (traditional pharma sales CRM)Veeva Vault (content/data management platform)Veeva Data Cloud (reference data for pharma)Professional services and implementation
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix