VEEV: the cashflow

MyFinsight

For the quarter ending 2025-10-31.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-10-31	2025-07-31
Net income	664,702	428,499
Depreciation and amortization	29,654	19,948
Reduction of lease right-of-use assets	9,405	6,316
Accretion of discount on short-term investments	6,613	4,535
Stock-based compensation	354,444	234,176
Amortization of deferred costs	12,173	8,205
Deferred income taxes	50,185	31,699
Other, net	-562	-1,414
Accounts receivable	-701,016	-593,032
Unbilled accounts receivable	16,788	9,587
Deferred costs	11,094	7,721
Prepaid expenses and other current and long-term assets	6,810	21,232
Accounts payable	3,190	3,361
Accrued expenses and other current liabilities	-3,260	23,763
Income tax payable	-3,004	-5,362
Deferred revenue	-466,118	-180,888
Lease liabilities	-6,170	-5,300
Other long-term liabilities	4,028	2,631
Net cash provided by operating activities	1,308,378	1,115,591
Purchases of short-term investments	2,386,193	1,452,857
Maturities and sales of short-term investments	1,471,683	1,023,691
Long-term assets	22,102	12,213
Net cash used in investing activities	-936,612	-441,379
Proceeds from exercise of common stock options	239,996	182,297
Taxes paid related to net share settlement of equity awards	71,281	46,228
Net cash provided by financing activities	168,715	136,069
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	871	1,365
Net change in cash, cash equivalents, and restricted cash	541,352	811,646
Cash and cash equivalents at beginning of period	1,120,963	-
Cash and cash equivalents at end of period	1,662,315	-

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

VEEV: the cashflow