Veeva Q1 FY2027 revenue $882.9M +16% YoY, raises guidance

Veeva Systems reported first quarter fiscal 2027 revenues of $882.9M, up 16% year-over-year, with subscription revenue at $730.2M (+15% YoY), exceeding all guidance metrics. The company is advancing its AI strategy with Ostro, Vault AI, and Veeva Falcon products while raising full-year fiscal 2027 guidance.