Veeva Systems Inc
VEEVQ4 2025(VEEV Q3 FY2026)Estimated4% AI
AI Revenue %
4%
AI Fair Value
$637.1M
AI Revenue (Q)
$81.0M
Total Revenue (Q)
$2.0B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Total quarterly revenue was $811.2M (subscription $682.5M + professional services $128.7M). Subscription revenue grew 18% YoY. R&D Solutions subscription $364.8M vs Commercial Solutions $317.7M. No AI-specific revenue disclosure. Slight increase to 4.0% reflecting the further maturation of Veeva's AI feature set and the broader pharma industry's increasing demand for AI-enhanced tools by late 2025. Still purely estimated — Veeva discloses zero AI-specific financial data across all 14 filings reviewed. Math: $811.2M * 4.0% = ~$32.4M estimated AI-attributable revenue.
Analyzed by claude-opus-4-6
Quoted Figures
Subscription services $682,498 thousand; Professional services and other $128,738 thousand; Total revenues $811,236 thousand (three months ended October 31, 2025)
10-Q for period ended October 31, 2025, Condensed Consolidated Statements of Comprehensive Income
R&D Solutions subscription services $364,848 thousand; Commercial Solutions subscription services $317,650 thousand
10-Q for period ended October 31, 2025, Note on Revenues by Product
AI Products Identified (Ring 1)
Veeva CRM Bot (with GenAI)Andi (AI search for medical content)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 Commercial CloudVeeva Development CloudVeeva Quality CloudVeeva Data CloudProfessional services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix