Risk factors

Veeva Systems (VEEV) risk factors

Item 1A of every Veeva Systems Inc. 10-K on file, and what changed from one year to the next.

  • FY2026 10-K risk factors

    44 risks, 4 new, 5 dropped, 15 reworded since the prior year. Veeva faces intensifying competition in life sciences cloud software and data analytics from Salesforce and IQVIA.

    Filed Mar 20, 2026
  • FY2025 10-K risk factors

    45 risks. Veeva faces critical transition risks migrating CRM customers from Salesforce to its own Vault CRM platform by 2030. Revenue concentration is high, with the top 10 customers generating 28% of total revenues in fiscal 2025. Strict life sciences regulations, third-party data dependencies, and new AI adoption risks heavily impact operations.

    Filed Mar 24, 2025