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Side-by-side financial comparison of BRINKS CO (BCO) and VEEVA SYSTEMS INC (VEEV). Click either name above to swap in a different company.

BRINKS CO is the larger business by last-quarter revenue ($1.4B vs $811.2M, roughly 1.7× VEEVA SYSTEMS INC). VEEVA SYSTEMS INC runs the higher net margin — 29.1% vs 3.9%, a 25.2% gap on every dollar of revenue. On growth, VEEVA SYSTEMS INC posted the faster year-over-year revenue change (16.0% vs 10.0%). Over the past eight quarters, VEEVA SYSTEMS INC's revenue compounded faster (13.4% CAGR vs 4.8%).

The Brink's Company is an American cash handling company, headquartered in Richmond, Virginia. Its operations include cash-in-transit, ATM replenishment & maintenance, and cash management & payment services, such as vault outsourcing, money processing, intelligent safe services, and international transportation of valuables.

Veeva Systems Inc., headquartered in Pleasanton, California, provides cloud software, data, and business consulting for the life sciences industry. Its software is used to manage data, track regulatory registrations, and oversee supply chains. The company is a public benefit corporation.

BCO vs VEEV — Head-to-Head

Bigger by revenue
BCO
BCO
1.7× larger
BCO
$1.4B
$811.2M
VEEV
Growing faster (revenue YoY)
VEEV
VEEV
+6.0% gap
VEEV
16.0%
10.0%
BCO
Higher net margin
VEEV
VEEV
25.2% more per $
VEEV
29.1%
3.9%
BCO
Faster 2-yr revenue CAGR
VEEV
VEEV
Annualised
VEEV
13.4%
4.8%
BCO

Income Statement — Q2 FY2026 vs Q3 FY2026

Metric
BCO
BCO
VEEV
VEEV
Revenue
$1.4B
$811.2M
Net Profit
$53.9M
$236.2M
Gross Margin
75.4%
Operating Margin
8.0%
29.7%
Net Margin
3.9%
29.1%
Revenue YoY
10.0%
16.0%
Net Profit YoY
54.9%
27.1%
EPS (diluted)
$1.40

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BCO
BCO
VEEV
VEEV
Q2 26
$1.4B
Q4 25
$1.4B
$811.2M
Q3 25
$1.3B
$789.1M
Q2 25
$1.3B
$759.0M
Q1 25
$1.2B
$720.9M
Q4 24
$1.3B
$699.2M
Q3 24
$1.3B
$676.2M
Q2 24
$1.3B
$650.3M
Net Profit
BCO
BCO
VEEV
VEEV
Q2 26
$53.9M
Q4 25
$68.1M
$236.2M
Q3 25
$36.3M
$200.3M
Q2 25
$43.7M
$228.2M
Q1 25
$51.6M
$195.6M
Q4 24
$38.5M
$185.8M
Q3 24
$28.9M
$171.0M
Q2 24
$46.2M
$161.7M
Gross Margin
BCO
BCO
VEEV
VEEV
Q2 26
Q4 25
27.7%
75.4%
Q3 25
25.8%
75.3%
Q2 25
24.9%
77.1%
Q1 25
24.6%
74.9%
Q4 24
26.1%
75.1%
Q3 24
25.0%
74.8%
Q2 24
25.2%
73.3%
Operating Margin
BCO
BCO
VEEV
VEEV
Q2 26
8.0%
Q4 25
13.1%
29.7%
Q3 25
11.4%
24.8%
Q2 25
10.3%
30.8%
Q1 25
9.6%
26.1%
Q4 24
8.3%
25.9%
Q3 24
8.9%
24.6%
Q2 24
9.3%
23.9%
Net Margin
BCO
BCO
VEEV
VEEV
Q2 26
3.9%
Q4 25
4.9%
29.1%
Q3 25
2.7%
25.4%
Q2 25
3.4%
30.1%
Q1 25
4.1%
27.1%
Q4 24
3.0%
26.6%
Q3 24
2.3%
25.3%
Q2 24
3.7%
24.9%
EPS (diluted)
BCO
BCO
VEEV
VEEV
Q2 26
Q4 25
$1.62
$1.40
Q3 25
$0.86
$1.19
Q2 25
$1.03
$1.37
Q1 25
$1.18
$1.17
Q4 24
$0.87
$1.13
Q3 24
$0.65
$1.04
Q2 24
$1.02
$0.98

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BCO
BCO
VEEV
VEEV
Cash + ST InvestmentsLiquidity on hand
$1.7B
$1.7B
Total DebtLower is stronger
$4.1B
Stockholders' EquityBook value
$407.3M
$7.0B
Total Assets
$7.3B
$8.1B
Debt / EquityLower = less leverage
9.95×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCO
BCO
VEEV
VEEV
Q2 26
$1.7B
Q4 25
$1.7B
$1.7B
Q3 25
$1.3B
$1.9B
Q2 25
$1.4B
$2.0B
Q1 25
$1.2B
$1.1B
Q4 24
$1.4B
$1.0B
Q3 24
$1.2B
$1.2B
Q2 24
$1.2B
$1.2B
Total Debt
BCO
BCO
VEEV
VEEV
Q2 26
$4.1B
Q4 25
$4.0B
Q3 25
$3.8B
Q2 25
$3.9B
Q1 25
$3.7B
Q4 24
$3.7B
Q3 24
$3.7B
Q2 24
$3.6B
Stockholders' Equity
BCO
BCO
VEEV
VEEV
Q2 26
$407.3M
Q4 25
$277.7M
$7.0B
Q3 25
$268.5M
$6.6B
Q2 25
$254.6M
$6.2B
Q1 25
$205.8M
$5.8B
Q4 24
$184.9M
$5.5B
Q3 24
$277.1M
$5.2B
Q2 24
$320.5M
$4.9B
Total Assets
BCO
BCO
VEEV
VEEV
Q2 26
$7.3B
Q4 25
$7.3B
$8.1B
Q3 25
$7.0B
$8.0B
Q2 25
$7.1B
$7.8B
Q1 25
$6.6B
$7.3B
Q4 24
$6.6B
$6.5B
Q3 24
$6.7B
$6.3B
Q2 24
$6.6B
$6.2B
Debt / Equity
BCO
BCO
VEEV
VEEV
Q2 26
9.95×
Q4 25
14.31×
Q3 25
14.05×
Q2 25
15.48×
Q1 25
18.19×
Q4 24
20.26×
Q3 24
13.39×
Q2 24
11.26×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BCO
BCO
VEEV
VEEV
Operating Cash FlowLast quarter
$192.8M
Free Cash FlowOCF − Capex
$435.5M
FCF MarginFCF / Revenue
31.7%
Capex IntensityCapex / Revenue
4.3%
Cash ConversionOCF / Net Profit
0.82×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCO
BCO
VEEV
VEEV
Q2 26
Q4 25
$192.8M
Q3 25
$122.1M
$238.4M
Q2 25
$877.2M
Q1 25
$-60.2M
$69.5M
Q4 24
$369.8M
$164.1M
Q3 24
$58.4M
$92.9M
Q2 24
$-66.1M
$763.5M
Free Cash Flow
BCO
BCO
VEEV
VEEV
Q2 26
$435.5M
Q4 25
Q3 25
$77.4M
Q2 25
Q1 25
$-119.1M
Q4 24
$307.2M
Q3 24
$7.4M
Q2 24
$-122.8M
FCF Margin
BCO
BCO
VEEV
VEEV
Q2 26
31.7%
Q4 25
Q3 25
5.8%
Q2 25
Q1 25
-9.6%
Q4 24
24.3%
Q3 24
0.6%
Q2 24
-9.8%
Capex Intensity
BCO
BCO
VEEV
VEEV
Q2 26
4.3%
Q4 25
3.5%
Q3 25
3.3%
Q2 25
4.0%
Q1 25
4.7%
Q4 24
5.0%
Q3 24
4.1%
Q2 24
4.5%
Cash Conversion
BCO
BCO
VEEV
VEEV
Q2 26
Q4 25
0.82×
Q3 25
3.36×
1.19×
Q2 25
3.84×
Q1 25
-1.17×
0.36×
Q4 24
9.61×
0.88×
Q3 24
2.02×
0.54×
Q2 24
-1.43×
4.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BCO
BCO

North America$418.0M30%
Europe$319.0M23%
Latin America$308.0M22%
Rest of World$203.0M15%
Other$127.0M9%

VEEV
VEEV

Subscription Services Veeva Research And Development$364.8M45%
Subscription Services Veeva Commercial Cloud$317.6M39%
Professional Services Veeva Research And Development$81.3M10%
Professional Services Veeva Commercial Cloud$47.5M6%

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