Consistent Execution with a Long-term View slide image

Consistent Execution with a Long-term View

Consistent History of Strong Growth and Profitability Revenue Non-GAAP Operating IncomeĀ¹ $862M $691M $551M FY172 $173M FY182 $220M FY19 $1.10B $1.47B $1.85B $2.145B $820M $759M $583M $412M $307M FY203 FY213 FY22 FY23E4 Fiscal Year Ending January 31 1 A reconciliation of GAAP to non-GAAP measures is set forth in the Appendix 2 Restated for ASC 606 3 The Crossix and Physicians World acquisitions closed in the quarter ended January 31, 2020 and contributed an aggregate of $20M in total revenue for the year ended January 31, 2020 and $103M for the year ended January 31, 2021. 4 Based on the high end of our guidance issued August 31, 2022. We are not able, at this time, to provide GAAP targets for operating income for the fiscal year ending January 31, 2023 because of the difficulty of estimating certain items excluded from non-GAAP operating income that cannot be reasonably predicted, such as charges related to stock-based compensation expense. The effect of these excluded items may be significant. Copyright Veeva Systems 2022
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