Company: VEEV
Filing Date: 2025-11-21
Form Type: 10-Q
Source: 0001393052-25-000078
Chunk: 179

Company: VEEVA SYSTEMS INC
Filing Date: 2025-11-21
Form: 10-Q
Item: Part I, Item 8
Chunk 179
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 currently evaluating this ASU to determine its impact on our consolidated financial statements and disclosures.

Note 2. Short-Term Investments

As of October 31, 2025, short-term investments consisted of the following (in thousands):AmortizedcostGrossunrealizedgainsGrossunrealizedlossesEstimatedfairvalueAvailable-for-sale securities:Certificates of deposit$20,000 $— $(22)$19,978 Asset-backed securities329,600 2,428 (56)331,972 Commercial paper163,369 10 (53)163,326 Corporate notes and bonds2,876,564 22,373 (938)2,897,999 Foreign government bonds230,578 1,303 (119)231,762 Municipal securities55,610 251 (1)55,860 U.S. agency obligations11,586 46 — 11,632 U.S. treasury securities1,259,512 5,446 (323)1,264,635 Total available-for-sale securities$4,946,819 $31,857 $(1,512)$4,977,164 As of January 31, 2025, short-term investments consisted of the following (in thousands):AmortizedcostGrossunrealizedgainsGrossunrealizedlossesEstimatedfairvalueAvailable-for-sale securities:Certificates of deposit$64,045 $69 $(21)$64,093 Asset-backed securities526,986 3,257 (232)530,011 Commercial paper74,468 108 (1)74,575 Corporate notes and bonds2,202,150 10,588 (5,782)2,206,956 Foreign government bonds176,684 442 (1,023)176,103 Municipal securities67,780 173 (122)67,831 U.S. agency obligations24,616 94 (1)24,709 U.S. treasury securities888,968 1,440 (3,244)887,164 Total available-for-sale securities$4,025,697 $16,171 $(10,426)$4,031,442 The following table summarizes the estimated fair value of our short-term investments, designated as available-for-sale and classified by the contractual maturity date of the securities as of the dates shown (