Veeva Systems Inc
VEEVQ4 2023(VEEV Q3 FY2024)Estimated2% AI
AI Revenue %
2%
AI Fair Value
$260.2M
AI Revenue (Q)
$13.5M
Total Revenue (Q)
$676.2M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Total quarterly revenue was $616.5M (subscription $494.9M + professional services $121.6M). Class B common stock was converted to Class A on October 15, 2023. No AI-specific revenue disclosure. The filing notes 'Revenues by Product' breakdown into Commercial Solutions and R&D Solutions but provides no AI-specific metrics. Estimate maintained at 2.0%. Math: $616.5M * 2.0% = ~$12.3M estimated AI-attributable revenue.
Analyzed by claude-opus-4-6
Quoted Figures
Subscription services $494,912 thousand; Professional services and other $121,593 thousand; Total revenues $616,505 thousand (three months ended October 31, 2023)
10-Q for period ended October 31, 2023, Condensed Consolidated Statements of Comprehensive Income
AI Products Identified (Ring 1)
Veeva CRM BotML-based analytics in Veeva Data CloudGenAI features in Vault
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 CloudProfessional services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix