Market cap
$44.4bn
Earnings yield vs 10-yr compares what the business earns per pound invested against the 5.28% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.
Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.
Amortization expense for deferred costs included in sales and marketing expenses in the condensed consolidated statements of comprehensive income was $ 5 million and $ 4 million for the three months ended July 31, 2026 and 2025, respectively, and $ 10 million and $ 8 million for the six months ended July 31, 2026 and 2025, respectively. Unbilled Accounts Receivable As of July 31, 2026, unbilled accounts receivable consisted of (i) receivables of $ 45 million primarily for revenue recognized for professional services performed but not yet billed and (ii) contract assets of $ 24 million primarily related to professional services performed but for which we are not contractually able to invoice …VEEVA SYSTEMS INC, 10-Q, period ended 2026-07-31, filed 2026-08-27