Veeva Systems Inc. Announced Q4 2026 Earnings on March 4, 2026, Reporting "Total revenue in the quarter was $836 million"

Veeva Systems Inc. reported fiscal 2026 fourth quarter and full year financial results.

For the quarter, management stated that total revenue was $836 million with non-GAAP operating income of $366 million.

For the full year, total revenue reached $3.195 billion and non-GAAP operating income was $1.434 billion.

The company also announced it surpassed its $3 billion revenue run rate goal.

During the call, management provided updates on several key business initiatives, highlighting significant momentum with Vault CRM, noting that close to 140 customers are now live.

The company also announced a milestone deal with a top 20 life sciences company standardizing on its RTSM product.

Additionally, Veeva discussed its ongoing AI strategy, revealing plans to roll out agents across all product areas this year and introducing a token-based pricing model for these offerings.

Looking ahead, the company discussed its fiscal 2027 guidance, which incorporates a 13 percent total revenue growth starting point and anticipates continued healthy growth from the Crossix business.

Management also noted that CRM represents roughly 20 percent of total revenue today and is projected to account for about 10 percent by the 2030 time frame, while pulling the Veeva CRM end of support date into December 2029 to ensure no stragglers remain in 2