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Veeva Systems Inc (VEEV) 2026财年第四季度及全年财务业绩演示报告「NYSE」(英文版)(20页).pdf

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1、Q426 Quarterly ResultsMarch 4,20262Copyright Veeva Systems 2026Safe Harbor and Other InformationThis presentation and associated commentary contain forward-looking statements regarding Veevas expected future performance and,inparticular,includes guidance,provided as of March 4,2026,about Veevas expe

2、cted future financial results.Estimating guidance accurately forfuture periods is difficult.It involves assumptions and internal estimates that may prove to be incorrect and is based on plans that may change.Hence,there is a significant risk that actual results could differ materially from the guida

3、nce we have provided in this presentation andassociated commentary and we have no obligation to update such guidance.There are also numerous risks that have the potential tonegatively impact our financial performance,including issues related to the performance,availability,security,or privacy of our

4、 products,competitive factors,customer decisions and priorities,developments that impact the life sciences industry(including regulatory,funding,orpolicy changes),general macroeconomic and geopolitical events(including changes in trade policy or practices,inflationary pressures,currencyexchange fluc

5、tuations,changes in interest rates,and geopolitical conflicts),and issues that impact our ability to hire,retain and adequatelycompensate talented employees.We have summarized what we believe are the principal risks to our business in a section titled“Summary ofRisk Factors”on pages 33 and 34 in our

6、 filing on Form 10-Q for the period ended October 31,2025 which you can find here.Additional detailson the risks and uncertainties that may impact our business can be found in the same filing on Form 10-Q and in our subsequent SEC filings,which you can access at sec.gov.We recommend that you familia

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1. **业绩展望**:Veeva发布2027财年(截至2028年1月)指引,预计总收入35.85-36.00亿美元,同比增长约13%;订阅收入约30.40亿美元,服务收入5.45-5.60亿美元。 2. **盈利能力**:非GAAP运营收入约15.90亿美元,运营利润率约44%;非GAAP运营现金流约15.20亿美元,利润率约42%。 3. **增长驱动**:2026财年订阅收入增长17%(商业解决方案14%,研发与质量解决方案21%),服务收入增长11%;2027财年预计订阅收入增长13%,服务收入增长10%。 4. **风险提示**:实际业绩可能因产品表现、行业政策、宏观经济等因素与指引存在重大差异,详见Form 10-Q文件。 5. **非GAAP指标**:公司使用非GAAP指标(如排除股权激励费用)辅助分析,强调需结合GAAP数据综合评估。
**Veeva增长动力?** **利润率秘诀?** **风险如何应对?**
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