Veeva Systems Inc. (VEEV) Stock Surges Over 20% on Strong Q1 2026 Results

Veeva Systems Inc. shares skyrocketed more than 20% following an exceptional first-quarter earnings report. The healthcare cloud software provider posted revenue of $759 million, handily beating guidance and marking a 16.7% year-over-year increase. Non-GAAP operating margins reached an impressive 46%, demonstrating remarkable operational efficiency.

The company’s Vault CRM platform added over 80 new customers, fueling subscription revenue growth of 18.9% to $634.8 million. Veeva achieved its $3 billion revenue run rate target for calendar 2025 ahead of schedule, signaling strong momentum in enterprise software adoption.

While macroeconomic risks persist, the results highlight Veeva’s ability to capitalize on digital transformation trends across the life sciences sector. The performance reinforces investor confidence in SaaS business models during periods of market uncertainty.