Veeva grows 16% to $3.2B, launches AI Agents across platform, authorizes $2B buyback

Filed March 20, 2026 · Period ending January 31, 2026 · Compared to 10-K Mar 24, 2025 · ~2 min read

Key Changes

• high

  Introduced Veeva AI Agents—agentic AI integrated into Vault CRM, PromoMats, and core platform—providing pre-call insights, voice data entry, and automated document review. Built on Anthropic and Amazon models via Bedrock.

  MD&A: Veeva AI Agents verify on EDGAR →
• high

  Operating cash flow jumped 30% to $1.4B, driven by strong collections and OBBBA tax law restoring immediate R&D expensing. Cash and investments reached $6.6B, up $1.4B year-over-year.

  MD&A: Cash Flow & OBBBA verify on EDGAR →
• high

  Board authorized $2B share repurchase program (two-year term) in January 2026; company repurchased $169.9M in FY2026. Program funded from working capital and signals confidence in business trajectory.

  MD&A: Capital Allocation verify on EDGAR →