Company: VEEV
Filing Date: 2025-11-21
Form Type: 10-Q
Source: 0001393052-25-000078
Chunk: 182

Company: VEEVA SYSTEMS INC
Filing Date: 2025-11-21
Form: 10-Q
Item: Part I, Item 8
Chunk 182
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expenseRemaining for 2026$2,336 20278,922 20287,778 20297,782 20305,832 Total$32,650  

Note 5. Fair Value Measurements

The following table presents the fair value hierarchy for financial assets and liabilities measured at fair value on a recurring basis as of October 31, 2025 (in thousands):Level 1Level 2TotalAssetsCash equivalents:Money market funds$505,249 $— $505,249 U.S. Treasury securities— 6,430 6,430 Short-term investments:Certificates of deposit— 19,978 19,978 Asset-backed securities— 331,972 331,972 Commercial paper— 163,326 163,326 Corporate notes and bonds— 2,897,999 2,897,999 Foreign government bonds— 231,762 231,762 Municipal securities— 55,860 55,860 U.S. agency obligations— 11,632 11,632 U.S. Treasury securities— 1,264,635 1,264,635 Foreign currency derivative contracts— 1,296 1,296 Total financial assets$505,249 $4,984,890 $5,490,139 LiabilitiesForeign currency derivative contracts$— $(50)$(50)Total financial liabilities$— $(50)$(50)

Veeva Systems Inc. | Form 10-Q11

Table of Contents

The following table presents the fair value hierarchy for financial assets and liabilities measured at fair value on a recurring basis as of January 31, 2025 (in thousands):Level 1Level 2TotalAssetsCash equivalents:Money market funds$314,872 $— $314,872 U.S. Treasury securities— 3,301 3,301 Short-term investments:Certificates of deposit— 64,093 64,093 Asset-backed securities— 530,011 530,011 Commercial paper— 74,575 74,575 Corporate notes and bonds— 2,206,956 2,206,956 Foreign government bonds— 176,103 176,103 Municipal securities— 67,831 67,831 U.S. agency obligations— 24,709 24,709 U.S. Treasury securities— 887,164