Veeva (VEEV) r&d spend was $767M in FY2026 (+11% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2026
$767M
+11%
2025
$693M
+10%
2024
$629M
+21%
2023
$520M
+36%
2022
$382M
+30%
2021
$294M
+40%
2020
$210M
+32%
2019
$159M
+20%
2018
$132M
+36%
2017
$97M
+47%
2016
$66M
+60%
2015
$41M
+56%
2014
$26M
+80%
2013
$15M
+89%
2012
$8M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q1 2026
$208M
Q3 2025
$192M
Q2 2025
$193M
Q1 2025
$184M
Q3 2024
$172M
Q2 2024
$176M
Q1 2024
$163M
Q3 2023
$161M
Q2 2023
$157M
Q1 2023
$147M
Q3 2022
$130M
Q2 2022
$134M
Source: VEEV on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.