Full estimates are only available for subscribed users, you can see which data is available below.

Subscribed users also see more surprise data, now it is restricted to 4 quarters.

Examples of complete estimate data are available for MSFT and AAPL.

Registered users have access to more data. Please register or login for additional estimates and surprises .

Yearly Revenue, EBIT, EBITDA and EPS Analyst Estimates

	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032
Revenue YoY % growth	2.155B 16.44%	2.364B 9.68%	2.747B 16.20%	3.234B 17.74%	3.63B 12.24%	4.091B 12.70%	4.759B 16.33%	5.439B 14.29%	6.172B 13.48%	7.001B 13.43%
EBITDA YoY % growth	488.2M -8.39%	461.962M -5.37%	735.818M 59.28%	1.471B 99.91%	1.657B 12.64%	1.955B 17.98%	2.23B 14.07%	2.671B 19.78%	3.008B 12.62%	3.489B 15.99%
EBIT YoY % growth	459.1M -9.18%	429.334M -6.48%	696.435M 62.21%	1.426B 104.76%	1.603B 12.41%	1.879B 17.22%	2.267B 20.65%	2.803B 23.64%	2.985B 6.49%	3.465B 16.08%
Operating Margin	21.30%	18.16%	25.36%	44.09%	44.16%	45.93%	47.64%	51.54%	48.36%	49.49%
EPS YoY % growth	4.30 15.59%	4.84 12.56%	6.61 36.57%	8.10 22.50%	8.74 8.00%	9.97 14.05%	11.51 15.39%	13.49 17.20%	14.45 7.16%	16.31 12.84%

All data in USD

Quarterly Revenue, EBIT, EBITDA and EPS Analyst Estimates

	Q4 / 26	Q1 / 27	Q2 / 27	Q3 / 27	Q4 / 27	Q1 / 28	Q2 / 28	Q3 / 28	Q4 / 28
EPS Q2Q % growth	1.97 13.30%	2.10 6.42%	2.17 8.98%	2.23 9.51%	2.18 10.51%	2.50 19.10%	2.48 14.34%	2.52 12.65%	2.54 16.61%
Revenue Q2Q % growth	826.47M 14.65%	864.08M 13.84%	900.6M 14.13%	927.6M 14.34%	914.39M 10.64%	984.18M 13.90%	1.008B 11.93%	1.025B 10.50%	1.046B 14.39%
EBITDA Q2Q % growth	365.21M 60.32%	396.75M 62.90%	410.51M 66.55%	427.25M 57.94%	406.42M 11.28%	468.12M 17.99%	465.8M 13.47%	473.35M 10.79%	480.92M 18.33%
EBIT Q2Q % growth	357.44M 89.70%	387.75M 65.90%	402.72M 77.77%	417.19M 73.21%	401.8M 12.41%	462.21M 19.20%	459.7M 14.15%	467.31M 12.01%	474.79M 18.17%

All data in USD

Recent Earnings VS Estimates Surprises (USD)

Period	Reported	Estimate	Difference	Surprise
Q3 2026 Q2Q % growth	2.04 16.57%	1.99	0.05	2.55%
Q2 2026 Q2Q % growth	1.99 22.84%	1.94	0.05	2.73%
Q1 2026 Q2Q % growth	1.97 31.33%	1.77	0.20	11.08%
Q4 2025 Q2Q % growth	1.74 26.09%	1.61	0.13	7.97%
Q3 2025 Q2Q % growth	1.75 30.60%	1.61	0.14	8.61%
Q2 2025 Q2Q % growth	1.62 33.88%	1.57	0.05	3.51%
Q1 2025 Q2Q % growth	1.50 64.84%	1.45	0.05	3.17%
Q4 2024 Q2Q % growth	1.38 20.00%	1.33	0.05	4.15%
Q3 2024 Q2Q % growth	1.34 18.58%	1.33	0.01	1.08%
Q2 2024 Q2Q % growth	1.21 17.48%	1.15	0.06	5.26%
Q1 2024 Q2Q % growth	0.91 -8.08%	0.81	0.10	12.44%
Q4 2023 Q2Q % growth	1.15 27.78%	1.06	0.09	8.43%
Q3 2023 Q2Q % growth	1.13 16.49%	1.09	0.04	3.46%
Q2 2023 Q2Q % growth	1.03 9.57%	1.03	0.00	-0.05%
Q1 2023 Q2Q % growth	0.99 8.79%	0.94	0.05	5.42%
Q4 2022 Q2Q % growth	0.90 15.38%	0.90	0.00	0.19%
Q3 2022 Q2Q % growth	0.97 24.36%	0.89	0.08	8.38%
Q2 2022 Q2Q % growth	0.94 30.56%	0.88	0.06	6.36%
Q1 2022 Q2Q % growth	0.91 37.88%	0.80	0.11	14.22%
Q4 2021 Q2Q % growth	0.78 44.44%	0.69	0.09	13.03%
Q3 2021 Q2Q % growth	0.78 30.00%	0.69	0.09	12.52%
Q2 2021 Q2Q % growth	0.72 30.91%	0.65	0.07	10.44%
Q1 2021 Q2Q % growth	0.66 32.00%	0.59	0.07	11.41%
Q4 2020 Q2Q % growth	0.54 20.00%	0.53	0.01	1.67%
Q3 2020 Q2Q % growth	0.60 33.33%	0.55	0.05	9.18%
Q2 2020 Q2Q % growth	0.55 41.03%	0.50	0.05	9.63%
Q1 2020 Q2Q % growth	0.50 51.52%	0.46	0.04	9.20%
Q4 2019 Q2Q % growth	0.45	0.41	0.04	10.29%
Q3 2019 Q2Q % growth	0.45	0.39	0.06	15.88%
Q2 2019 Q2Q % growth	0.39	0.34	0.05	13.57%
Q1 2019 Q2Q % growth	0.33	0.31	0.02	5.94%

Recent Revenue VS Estimates Surprises (USD)

Period	Reported	Estimate	Difference	Surprise
Q3 2026 Q2Q % growth	811.236M 16.02%	808.67M	2.566M	0.32%
Q2 2026 Q2Q % growth	789.081M 16.70%	783.79M	5.291M	0.68%
Q1 2026 Q2Q % growth	759.043M 16.71%	746.64M	12.403M	1.66%
Q4 2025 Q2Q % growth	720.886M 14.31%	713.09M	7.796M	1.09%
Q3 2025 Q2Q % growth	699.207M 13.41%	702.12M	-2.913M	-0.41%
Q2 2025 Q2Q % growth	676.181M 14.56%	681.74M	-5.559M	-0.82%
Q1 2025 Q2Q % growth	650.345M 23.56%	654.86M	-4.515M	-0.69%
Q4 2024 Q2Q % growth	630.618M 11.93%	633.61M	-2.992M	-0.47%
Q3 2024 Q2Q % growth	616.505M 11.60%	628.29M	-11.785M	-1.88%
Q2 2024 Q2Q % growth	590.225M 10.49%	598.85M	-8.625M	-1.44%
Q1 2024 Q2Q % growth	526.325M 4.20%	526.13M	195K	0.04%
Q4 2023 Q2Q % growth	563.4M 16.05%	563.69M	-290K	-0.05%
Q3 2023 Q2Q % growth	552.4M 16.03%	556.96M	-4.56M	-0.82%
Q2 2023 Q2Q % growth	534.2M 17.25%	541.23M	-7.03M	-1.30%
Q1 2023 Q2Q % growth	505.1M 16.49%	505.85M	-750K	-0.15%
Q4 2022 Q2Q % growth	485.5M 22.35%	485.65M	-150K	-0.03%
Q3 2022 Q2Q % growth	476.1M 26.12%	475.23M	870K	0.18%
Q2 2022 Q2Q % growth	455.6M 28.81%	460.97M	-5.37M	-1.16%
Q1 2022 Q2Q % growth	433.6M 28.63%	418.23M	15.37M	3.68%
Q4 2021 Q2Q % growth	396.8M 27.38%	387.84M	8.96M	2.31%
Q3 2021 Q2Q % growth	377.5M 34.39%	369.06M	8.44M	2.29%
Q2 2021 Q2Q % growth	353.7M 32.52%	346.93M	6.77M	1.95%
Q1 2021 Q2Q % growth	337.1M 37.70%	326.09M	11.01M	3.38%
Q4 2020 Q2Q % growth	311.5M 34.09%	304.27M	7.23M	2.38%
Q3 2020 Q2Q % growth	280.9M 25.01%	280.28M	620K	0.22%
Q2 2020 Q2Q % growth	266.9M 27.34%	264.57M	2.33M	0.88%
Q1 2020 Q2Q % growth	244.8M 25.22%	243.45M	1.35M	0.55%
Q4 2019 Q2Q % growth	232.3M	231.38M	920K	0.40%
Q3 2019 Q2Q % growth	224.7M	220.34M	4.36M	1.98%
Q2 2019 Q2Q % growth	209.6M	207.54M	2.06M	0.99%
Q1 2019 Q2Q % growth	195.5M	192.74M	2.76M	1.43%

EPS and Revenue Revisions

	Next Q (1 month)	Next Q (3 month)	Next Year (1 month)	Next Year (3 month)
EPS	2%	1.95%	1.7%	3.58%
Revenue	1.21%	1.38%	0.97%	2.28%

VEEVA SYSTEMS INC-CLASS A (VEEV) Stock Earnings & Estimates