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Side-by-side financial comparison of SIGNET JEWELERS LTD (SIG) and VEEVA SYSTEMS INC (VEEV). Click either name above to swap in a different company.

SIGNET JEWELERS LTD 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 1.4%, a 27.7% gap on every dollar of revenue. On growth, VEEVA SYSTEMS INC posted the faster year-over-year revenue change (16.0% vs 3.1%). Over the past eight quarters, VEEVA SYSTEMS INC's revenue compounded faster (13.4% CAGR vs -25.4%).

Signet Jewelers Ltd. is, as of 2015, the world's largest retailer of diamond jewellery. The company is domiciled in Bermuda and headquartered in Akron, Ohio through the Fairlawn suburb, and is listed on the New York Stock Exchange. The group operates in the middle-market jewellery segment and holds number one positions in the US, Canada, and UK speciality jewellery markets. Certain brands operate in the upper middle market. Signet Jewelers owns and operates the companies Blue Nile, Zales, Kay...

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.

SIG vs VEEV — Head-to-Head

Bigger by revenue
SIG
SIG
1.7× larger
SIG
$1.4B
$811.2M
VEEV
Growing faster (revenue YoY)
VEEV
VEEV
+12.9% gap
VEEV
16.0%
3.1%
SIG
Higher net margin
VEEV
VEEV
27.7% more per $
VEEV
29.1%
1.4%
SIG
Faster 2-yr revenue CAGR
VEEV
VEEV
Annualised
VEEV
13.4%
-25.4%
SIG

Income Statement — Q3 FY2026 vs Q3 FY2026

Metric
SIG
SIG
VEEV
VEEV
Revenue
$1.4B
$811.2M
Net Profit
$20.0M
$236.2M
Gross Margin
37.3%
75.4%
Operating Margin
1.7%
29.7%
Net Margin
1.4%
29.1%
Revenue YoY
3.1%
16.0%
Net Profit YoY
185.7%
27.1%
EPS (diluted)
$0.49
$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
SIG
SIG
VEEV
VEEV
Q4 25
$1.4B
$811.2M
Q3 25
$1.5B
$789.1M
Q2 25
$1.5B
$759.0M
Q1 25
$2.4B
$720.9M
Q4 24
$1.3B
$699.2M
Q3 24
$1.5B
$676.2M
Q2 24
$1.5B
$650.3M
Q1 24
$2.5B
$630.6M
Net Profit
SIG
SIG
VEEV
VEEV
Q4 25
$20.0M
$236.2M
Q3 25
$-9.1M
$200.3M
Q2 25
$33.5M
$228.2M
Q1 25
$100.6M
$195.6M
Q4 24
$7.0M
$185.8M
Q3 24
$-98.5M
$171.0M
Q2 24
$52.1M
$161.7M
Q1 24
$626.2M
$147.4M
Gross Margin
SIG
SIG
VEEV
VEEV
Q4 25
37.3%
75.4%
Q3 25
38.6%
75.3%
Q2 25
38.8%
77.1%
Q1 25
42.6%
74.9%
Q4 24
36.0%
75.1%
Q3 24
38.0%
74.8%
Q2 24
37.9%
73.3%
Q1 24
43.3%
72.4%
Operating Margin
SIG
SIG
VEEV
VEEV
Q4 25
1.7%
29.7%
Q3 25
0.2%
24.8%
Q2 25
3.1%
30.8%
Q1 25
6.5%
26.1%
Q4 24
0.7%
25.9%
Q3 24
-6.8%
24.6%
Q2 24
3.3%
23.9%
Q1 24
16.7%
21.4%
Net Margin
SIG
SIG
VEEV
VEEV
Q4 25
1.4%
29.1%
Q3 25
-0.6%
25.4%
Q2 25
2.2%
30.1%
Q1 25
4.3%
27.1%
Q4 24
0.5%
26.6%
Q3 24
-6.6%
25.3%
Q2 24
3.4%
24.9%
Q1 24
25.1%
23.4%
EPS (diluted)
SIG
SIG
VEEV
VEEV
Q4 25
$0.49
$1.40
Q3 25
$-0.22
$1.19
Q2 25
$0.78
$1.37
Q1 25
$2.25
$1.17
Q4 24
$0.12
$1.13
Q3 24
$-2.28
$1.04
Q2 24
$-0.90
$0.98
Q1 24
$11.77
$0.90

Balance Sheet & Financial Strength

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

Metric
SIG
SIG
VEEV
VEEV
Cash + ST InvestmentsLiquidity on hand
$234.7M
$1.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.7B
$7.0B
Total Assets
$5.4B
$8.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SIG
SIG
VEEV
VEEV
Q4 25
$234.7M
$1.7B
Q3 25
$281.4M
$1.9B
Q2 25
$264.1M
$2.0B
Q1 25
$604.0M
$1.1B
Q4 24
$157.7M
$1.0B
Q3 24
$403.1M
$1.2B
Q2 24
$729.3M
$1.2B
Q1 24
$1.4B
$703.5M
Stockholders' Equity
SIG
SIG
VEEV
VEEV
Q4 25
$1.7B
$7.0B
Q3 25
$1.7B
$6.6B
Q2 25
$1.8B
$6.2B
Q1 25
$1.9B
$5.8B
Q4 24
$1.8B
$5.5B
Q3 24
$1.9B
$5.2B
Q2 24
$2.1B
$4.9B
Q1 24
$2.2B
$4.6B
Total Assets
SIG
SIG
VEEV
VEEV
Q4 25
$5.4B
$8.1B
Q3 25
$5.3B
$8.0B
Q2 25
$5.5B
$7.8B
Q1 25
$5.7B
$7.3B
Q4 24
$5.7B
$6.5B
Q3 24
$5.6B
$6.3B
Q2 24
$6.2B
$6.2B
Q1 24
$6.8B
$5.9B

Cash Flow & Capital Efficiency

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

Metric
SIG
SIG
VEEV
VEEV
Operating Cash FlowLast quarter
$31.0M
$192.8M
Free Cash FlowOCF − Capex
$-1.5M
FCF MarginFCF / Revenue
-0.1%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
1.55×
0.82×
TTM Free Cash FlowTrailing 4 quarters
$591.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SIG
SIG
VEEV
VEEV
Q4 25
$31.0M
$192.8M
Q3 25
$86.3M
$238.4M
Q2 25
$-175.3M
$877.2M
Q1 25
$780.7M
$69.5M
Q4 24
$-75.4M
$164.1M
Q3 24
$43.8M
$92.9M
Q2 24
$-158.2M
$763.5M
Q1 24
$752.2M
$57.8M
Free Cash Flow
SIG
SIG
VEEV
VEEV
Q4 25
$-1.5M
Q3 25
$62.3M
Q2 25
$-211.9M
Q1 25
$742.1M
Q4 24
$-138.5M
Q3 24
$15.8M
Q2 24
$-181.5M
Q1 24
$716.1M
FCF Margin
SIG
SIG
VEEV
VEEV
Q4 25
-0.1%
Q3 25
4.1%
Q2 25
-13.7%
Q1 25
31.5%
Q4 24
-10.3%
Q3 24
1.1%
Q2 24
-12.0%
Q1 24
28.7%
Capex Intensity
SIG
SIG
VEEV
VEEV
Q4 25
2.3%
Q3 25
1.6%
Q2 25
2.4%
Q1 25
1.6%
Q4 24
4.7%
Q3 24
1.9%
Q2 24
1.5%
Q1 24
1.4%
Cash Conversion
SIG
SIG
VEEV
VEEV
Q4 25
1.55×
0.82×
Q3 25
1.19×
Q2 25
-5.23×
3.84×
Q1 25
7.76×
0.36×
Q4 24
-10.77×
0.88×
Q3 24
0.54×
Q2 24
-3.04×
4.72×
Q1 24
1.20×
0.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SIG
SIG

Other$571.9M41%
Zale Jewelry$243.4M17%
Extended Service Plan$129.6M9%
Diamonds Direct$87.9M6%
Blue Nile$74.3M5%
Extended Service Plan And Other Deferred Revenue$69.9M5%
Banter By Piercing Pagoda$69.2M5%
Watches$48.7M3%
Peoples$42.2M3%
James Allen$27.8M2%

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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