Veeva reports Q2 revenue, operating income above guidance

Veeva Systems (NYSE: VEEV ) reported second-quarter financial results on Wednesday.

The transcript from the company's second-quarter earnings call has been provided below.

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Access the full call at Summary Veeva Systems Inc reported Q2 fiscal 2027 revenue of $928 million and non-GAAP operating income of $416 million, surpassing guidance.

Strong performance in CRM and accelerated progress in AI with Veeva Falcon; strategic acquisitions enhancing capabilities.

High customer interest in Veeva Falcon, but product readiness is a current limitation; AI integration is a key focus.

Record results in the commercial segment with broad-based strength across CRM, content, data, and Crossix.

Positive outlook with ongoing investments in new products like Aspen and strategic initiatives in AI and data cloud.

Full Transcript OPERATOR Hello everyone.

Thank you for joining us and welcome to the Veeva Systems Inc Fiscal 2027 Second Quarter Results conference call.

After today's prepared remarks, we will host a question and answer session.

If you would like to ask a question, please press star one to raise your hand.

To withdraw your question, press star one again.

I will now hand the conference over to Gunnar Hansen, Senior Director, Investor Relations.

Gunnar, please go ahead.

Gunnar Hansen, Senior Director, Investor Relations Good afternoon and welcome to Veeva's fiscal 2027 second quarter earnings conference call for the quarter ended July 31, 2026.

As a reminder, we posted prepared remarks on Veeva's Investor Relations website just after 1:00 p.m.

Pacific today.

We hope you've had a chance to read them before the call.

Today's call will be used primarily for Q&A.

With me today for Q&A are Peter Gassner, our Chief Executive Officer, Paul Shawah, EVP, Strategy, and Brian Van Wagner, our Chief Financial Officer.

During this call we may make forward-looking statements regarding trends or strategies and the anticipated performance of the business, including guidance regarding future financial results.

These forward-looking statements will be used based on our current views and expectations and are subject to various risks and uncertainties.

Our actual results may differ materially.

Please refer to the risks listed in our earnings release and the risk factors included in our most recent filing on Form 10-Q.

Forward-looking statements made during the call are being made as of today, August 26, 2026, based on the facts available to us today.

If this call is replayed or reviewed after today, the information presented during the call may not contain current or accurate information.

Veeva disclaims any obligation to update or revise any forward-looking statement.

We may discuss guidance on today's call, but we will not provide any further guidance or updates on our performance during the quarter unless we do so in a public forum on the call.

We may also discuss certain non-GAAP metrics that we believe aid in the understanding of our financial results.

A reconciliation to comparable GAAP metrics can be found in today's earnings release and in a supplemental investor presentation, both of which are available on our website.

With that, thank you for joining us and I'll turn the call over to Peter.

Peter Gassner, Chief Executive Officer Thank you, Gunnar, and welcome everyone to the call.

Q2 was another strong quarter delivering results ahead of our guidance.

Total revenue in the quarter was 928 million with non-GAAP operating income of 416 million.