Veeva Systems Inc
VEEVQ1 2023(VEEV Q4 FY2023)Estimated1.5% AI
AI Revenue %
1.5%
AI Fair Value
$181.8M
AI Revenue (Q)
$9.2M
Total Revenue (Q)
$616.5M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
FY2023 annual 10-K filing. FY2023 total revenue was $2,155M. The 10-K describes Veeva's solutions across Development Cloud, Quality Cloud, Commercial Cloud, and Data Cloud. The filing makes no reference to AI, artificial intelligence, or machine learning in the context of revenue. All AI features remain embedded within broader platform products. Single operating segment. Conservative estimate: 1.5%. For Q4 specifically (FY2023 Q4 ending Jan 31, 2023), implied quarterly revenue from full-year minus first three quarters: $2,155M - $505.1M - $534.2M - $552.4M = ~$563.3M. Math: $563.3M * 1.5% = ~$8.4M.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenues were $2,155 million for fiscal year ended January 31, 2023, representing year-over-year growth of 16%.
10-K for fiscal year ended January 31, 2023, Item 7 MD&A
We have determined that we operate in a single operating and reportable segment.
10-K for fiscal year ended January 31, 2023, Note on Segment Information
AI Products Identified (Ring 1)
Veeva CRM BotML-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 CRMVeeva Vault platformVeeva Data CloudVeeva Development Cloud (clinical, regulatory, safety)Professional services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix