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Tempus AI vs Veeva Systems

Veeva Systems is the larger business, with $3.20bn of revenue in fiscal 2026 against $1.27bn for Tempus AI (2.5 times as much). Tempus AI grew faster (83.4% against 16.3%). Veeva Systems kept more of each dollar of sales as profit: a net margin of 28.4% against -19.3%.

Latest fiscal yearTempus AITEM, 2025Veeva SystemsVEEV, 2026
Revenue $1.27bn $3.20bn
Revenue growth 83.4% 16.3%
Net income −$245m $909m
Operating margin -19.9% 28.7%
Net margin -19.3% 28.4%
Return on equity -89.5% 13.9%
Free cash flow −$239m $1.42bn
Cash $605m $1.42bn
Total debt $209m —
Debt to equity 42.5% —
Dividend per share — —
Dividend yield — —
Share buybacks $3.0m $170m
Employees 3,800 7,928
Market value $14.29bn $49.27bn
Price vs our value range — Within our value range
Moat score — 79 (Strong)
Insider trades, 12 months 12 buys, 247 sales 0 buys, 16 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.