VEEV — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-27

• The increase in subscription revenues for the three months ended July 31, 2026 consisted of $68 million attributable to R&D and Quality Solutions and $40 million attributable to Commercial Solutions. The geographic mix of subscription revenues was 60% from North America, 29% from Europe, and 11% fro…

• The increase in subscription revenues attributable to R&D and Quality Solutions and Commercial Solutions for the three and six months ended July 31, 2026 was driven by the expanding use by existing customers and higher prices in connection with our annual inflation adjustment for our products.

• The increase in professional services and other revenues for the three and six months ended July 31, 2026 was primarily due to an increase in implementation services and business consulting.

• The geographic mix of professional services and other revenues was 55% from North America, 39% from Europe, and 6% from other locations, primarily Asia Pacific, for the three months ended July 31, 2026, as compared to 58% from North America, 36% from Europe, and 6% from other locations, primarily As…

• The geographic mix of professional services and other revenues was 56% from North America, 38% from Europe, and 6% from other locations, primarily Asia Pacific, for the six months ended July 31, 2026, as compared to 59% from North America, 35% from Europe, and 6% from other locations, primarily Asia…

Text removed vs the prior filing · source: 10-Q · 2026-06-05

• Total revenues for the three months ended April 30, 2026 increased $124 million, of which $95 million was from growth in subscription revenue.

• Professional services and other revenues for the three months ended April 30, 2026 increased $28 million. The increase was primarily due to an increase in implementation services and business consulting. The geographic mix of professional services and other revenues was 57% from North America, 37% f…

• Cost of revenues for the three months ended April 30, 2026 increased $47 million, comprised of a $26 million increase in cost of professional services and other and a $21 million increase in cost of subscription. The $26 million increase in cost of professional services and other was primarily relat…

• computing infrastructure costs was driven by an increase in both the number of end users and the volume of activity by end users of our subscription services. The increase in data costs was related to investment in our data solutions.

• Gross margin for professional services and other was 20% and 23% for the three months ended April 30, 2026 and 2025, respectively. The decrease compared to the prior period is primarily due to expansion of headcount to support our existing and future demand for implementation and business consulting…

Text removed vs the prior filing · source: 10-Q · 2026-06-05

• our solutions can be used to enable their compliance with applicable data protection, data privacy, and cybersecurity laws and regulations.

Text added vs the prior filing · source: 10-Q · 2026-08-27

• The following table sets forth the material terms of all “Rule 10b5-1 trading arrangements” (as such term is defined under Item 408(a) of Regulation S-K) adopted or terminated by our Section 16 officers and directors during the fiscal quarter ended July 31, 2026:

• (1) This number represents the maximum number of shares of common stock that may be sold pursuant to the trading plan. The number of shares actually sold will depend on the satisfaction of certain conditions as set forth in the plan.

• (2) In each case, the trading plan may expire on an earlier date if and when all transactions thereunder are completed.

• Except as set forth above, none of our Section 16 officers or directors adopted or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement” (as such terms are defined under Item 408(c) of Regulation S-K) during the fiscal quarter ended July 31, 2026.

Text removed vs the prior filing · source: 10-Q · 2026-06-05

• None of our Section 16 officers or directors adopted or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement” (as such terms are defined under Item 408(c) of Regulation S-K) during the fiscal quarter ended April 30, 2026.