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Side-by-side financial comparison of Knife River Corp (KNF) and VEEVA SYSTEMS INC (VEEV). Click either name above to swap in a different company.

VEEVA SYSTEMS INC is the larger business by last-quarter revenue ($811.2M vs $755.1M, roughly 1.1× Knife River Corp). VEEVA SYSTEMS INC runs the higher net margin — 29.1% vs 4.2%, a 24.9% gap on every dollar of revenue. On growth, VEEVA SYSTEMS INC posted the faster year-over-year revenue change (16.0% vs 14.9%). Over the past eight quarters, Knife River Corp's revenue compounded faster (51.4% CAGR vs 13.4%).

Columbia River Knife & Tool, Inc. (CRKT) is an American knife company established in 1994, and currently based in Tualatin, Oregon, United States. The company's president and sales executive is Rod Bremer and the finance executive is Peggy Bremer.

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.

KNF vs VEEV — Head-to-Head

Bigger by revenue
VEEV
VEEV
1.1× larger
VEEV
$811.2M
$755.1M
KNF
Growing faster (revenue YoY)
VEEV
VEEV
+1.1% gap
VEEV
16.0%
14.9%
KNF
Higher net margin
VEEV
VEEV
24.9% more per $
VEEV
29.1%
4.2%
KNF
Faster 2-yr revenue CAGR
KNF
KNF
Annualised
KNF
51.4%
13.4%
VEEV

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
KNF
KNF
VEEV
VEEV
Revenue
$755.1M
$811.2M
Net Profit
$32.0M
$236.2M
Gross Margin
19.2%
75.4%
Operating Margin
8.6%
29.7%
Net Margin
4.2%
29.1%
Revenue YoY
14.9%
16.0%
Net Profit YoY
37.6%
27.1%
EPS (diluted)
$0.56
$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
KNF
KNF
VEEV
VEEV
Q4 25
$755.1M
$811.2M
Q3 25
$1.2B
$789.1M
Q2 25
$833.8M
$759.0M
Q1 25
$353.5M
$720.9M
Q4 24
$657.2M
$699.2M
Q3 24
$1.1B
$676.2M
Q2 24
$806.9M
$650.3M
Q1 24
$329.6M
$630.6M
Net Profit
KNF
KNF
VEEV
VEEV
Q4 25
$32.0M
$236.2M
Q3 25
$143.2M
$200.3M
Q2 25
$50.6M
$228.2M
Q1 25
$-68.7M
$195.6M
Q4 24
$23.3M
$185.8M
Q3 24
$148.1M
$171.0M
Q2 24
$77.9M
$161.7M
Q1 24
$-47.6M
$147.4M
Gross Margin
KNF
KNF
VEEV
VEEV
Q4 25
19.2%
75.4%
Q3 25
23.6%
75.3%
Q2 25
18.9%
77.1%
Q1 25
-2.7%
74.9%
Q4 24
17.4%
75.1%
Q3 24
24.7%
74.8%
Q2 24
21.8%
73.3%
Q1 24
2.0%
72.4%
Operating Margin
KNF
KNF
VEEV
VEEV
Q4 25
8.6%
29.7%
Q3 25
17.9%
24.8%
Q2 25
10.6%
30.8%
Q1 25
-23.4%
26.1%
Q4 24
6.7%
25.9%
Q3 24
18.9%
24.6%
Q2 24
14.5%
23.9%
Q1 24
-16.3%
21.4%
Net Margin
KNF
KNF
VEEV
VEEV
Q4 25
4.2%
29.1%
Q3 25
11.9%
25.4%
Q2 25
6.1%
30.1%
Q1 25
-19.4%
27.1%
Q4 24
3.5%
26.6%
Q3 24
13.4%
25.3%
Q2 24
9.7%
24.9%
Q1 24
-14.5%
23.4%
EPS (diluted)
KNF
KNF
VEEV
VEEV
Q4 25
$0.56
$1.40
Q3 25
$2.52
$1.19
Q2 25
$0.89
$1.37
Q1 25
$-1.21
$1.17
Q4 24
$0.42
$1.13
Q3 24
$2.60
$1.04
Q2 24
$1.37
$0.98
Q1 24
$-0.84
$0.90

Balance Sheet & Financial Strength

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

Metric
KNF
KNF
VEEV
VEEV
Cash + ST InvestmentsLiquidity on hand
$73.8M
$1.7B
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$1.6B
$7.0B
Total Assets
$3.7B
$8.1B
Debt / EquityLower = less leverage
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KNF
KNF
VEEV
VEEV
Q4 25
$73.8M
$1.7B
Q3 25
$30.7M
$1.9B
Q2 25
$26.6M
$2.0B
Q1 25
$86.1M
$1.1B
Q4 24
$236.8M
$1.0B
Q3 24
$220.4M
$1.2B
Q2 24
$15.5M
$1.2B
Q1 24
$128.4M
$703.5M
Total Debt
KNF
KNF
VEEV
VEEV
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.4B
Q1 25
$1.2B
Q4 24
$677.4M
Q3 24
$678.5M
Q2 24
$679.5M
Q1 24
$680.6M
Stockholders' Equity
KNF
KNF
VEEV
VEEV
Q4 25
$1.6B
$7.0B
Q3 25
$1.6B
$6.6B
Q2 25
$1.5B
$6.2B
Q1 25
$1.4B
$5.8B
Q4 24
$1.5B
$5.5B
Q3 24
$1.4B
$5.2B
Q2 24
$1.3B
$4.9B
Q1 24
$1.2B
$4.6B
Total Assets
KNF
KNF
VEEV
VEEV
Q4 25
$3.7B
$8.1B
Q3 25
$3.7B
$8.0B
Q2 25
$3.6B
$7.8B
Q1 25
$3.3B
$7.3B
Q4 24
$2.9B
$6.5B
Q3 24
$2.9B
$6.3B
Q2 24
$2.7B
$6.2B
Q1 24
$2.5B
$5.9B
Debt / Equity
KNF
KNF
VEEV
VEEV
Q4 25
0.71×
Q3 25
0.74×
Q2 25
0.93×
Q1 25
0.83×
Q4 24
0.46×
Q3 24
0.47×
Q2 24
0.52×
Q1 24
0.56×

Cash Flow & Capital Efficiency

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

Metric
KNF
KNF
VEEV
VEEV
Operating Cash FlowLast quarter
$195.9M
$192.8M
Free Cash FlowOCF − Capex
$138.2M
FCF MarginFCF / Revenue
18.3%
Capex IntensityCapex / Revenue
7.6%
Cash ConversionOCF / Net Profit
6.12×
0.82×
TTM Free Cash FlowTrailing 4 quarters
$-69.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KNF
KNF
VEEV
VEEV
Q4 25
$195.9M
$192.8M
Q3 25
$250.4M
$238.4M
Q2 25
$-42.6M
$877.2M
Q1 25
$-125.3M
$69.5M
Q4 24
$172.4M
$164.1M
Q3 24
$239.7M
$92.9M
Q2 24
$-46.6M
$763.5M
Q1 24
$-43.2M
$57.8M
Free Cash Flow
KNF
KNF
VEEV
VEEV
Q4 25
$138.2M
Q3 25
$188.7M
Q2 25
$-196.2M
Q1 25
$-200.2M
Q4 24
$127.2M
Q3 24
$216.1M
Q2 24
$-106.5M
Q1 24
$-86.9M
FCF Margin
KNF
KNF
VEEV
VEEV
Q4 25
18.3%
Q3 25
15.7%
Q2 25
-23.5%
Q1 25
-56.6%
Q4 24
19.3%
Q3 24
19.6%
Q2 24
-13.2%
Q1 24
-26.4%
Capex Intensity
KNF
KNF
VEEV
VEEV
Q4 25
7.6%
Q3 25
5.1%
Q2 25
18.4%
Q1 25
21.2%
Q4 24
6.9%
Q3 24
2.1%
Q2 24
7.4%
Q1 24
13.3%
Cash Conversion
KNF
KNF
VEEV
VEEV
Q4 25
6.12×
0.82×
Q3 25
1.75×
1.19×
Q2 25
-0.84×
3.84×
Q1 25
0.36×
Q4 24
7.41×
0.88×
Q3 24
1.62×
0.54×
Q2 24
-0.60×
4.72×
Q1 24
0.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KNF
KNF

Services$347.2M46%
Ready Mix Concrete$88.4M12%
Contracting Services Public Sector$80.2M11%
Aggregates$73.9M10%
Energy Services Segment$56.2M7%
Liquid Asphalt$49.1M7%
Other$43.2M6%
Asphalt$22.7M3%

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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