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Side-by-side financial comparison of SouthState Bank Corp (SSB) 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 $661.7M, roughly 1.2× SouthState Bank Corp). SouthState Bank Corp runs the higher net margin — 34.1% vs 29.1%, a 5.0% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% CAGR vs 13.4%).

SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.

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.

SSB vs VEEV — Head-to-Head

Bigger by revenue
VEEV
VEEV
1.2× larger
VEEV
$811.2M
$661.7M
SSB
Higher net margin
SSB
SSB
5.0% more per $
SSB
34.1%
29.1%
VEEV
Faster 2-yr revenue CAGR
SSB
SSB
Annualised
SSB
37.4%
13.4%
VEEV

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
SSB
SSB
VEEV
VEEV
Revenue
$661.7M
$811.2M
Net Profit
$225.8M
$236.2M
Gross Margin
75.4%
Operating Margin
15.1%
29.7%
Net Margin
34.1%
29.1%
Revenue YoY
16.0%
Net Profit YoY
153.5%
27.1%
EPS (diluted)
$2.28
$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
SSB
SSB
VEEV
VEEV
Q1 26
$661.7M
Q4 25
$581.1M
$811.2M
Q3 25
$599.7M
$789.1M
Q2 25
$577.9M
$759.0M
Q1 25
$544.5M
$720.9M
Q4 24
$369.8M
$699.2M
Q3 24
$351.5M
$676.2M
Q2 24
$350.3M
$650.3M
Net Profit
SSB
SSB
VEEV
VEEV
Q1 26
$225.8M
Q4 25
$247.7M
$236.2M
Q3 25
$246.6M
$200.3M
Q2 25
$215.2M
$228.2M
Q1 25
$89.1M
$195.6M
Q4 24
$144.2M
$185.8M
Q3 24
$143.2M
$171.0M
Q2 24
$132.4M
$161.7M
Gross Margin
SSB
SSB
VEEV
VEEV
Q1 26
Q4 25
75.4%
Q3 25
75.3%
Q2 25
77.1%
Q1 25
74.9%
Q4 24
75.1%
Q3 24
74.8%
Q2 24
73.3%
Operating Margin
SSB
SSB
VEEV
VEEV
Q1 26
15.1%
Q4 25
54.3%
29.7%
Q3 25
53.6%
24.8%
Q2 25
48.8%
30.8%
Q1 25
22.3%
26.1%
Q4 24
50.7%
25.9%
Q3 24
53.1%
24.6%
Q2 24
49.3%
23.9%
Net Margin
SSB
SSB
VEEV
VEEV
Q1 26
34.1%
Q4 25
42.6%
29.1%
Q3 25
41.1%
25.4%
Q2 25
37.2%
30.1%
Q1 25
16.4%
27.1%
Q4 24
39.0%
26.6%
Q3 24
40.7%
25.3%
Q2 24
37.8%
24.9%
EPS (diluted)
SSB
SSB
VEEV
VEEV
Q1 26
$2.28
Q4 25
$2.47
$1.40
Q3 25
$2.42
$1.19
Q2 25
$2.11
$1.37
Q1 25
$0.87
$1.17
Q4 24
$1.88
$1.13
Q3 24
$1.86
$1.04
Q2 24
$1.73
$0.98

Balance Sheet & Financial Strength

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

Metric
SSB
SSB
VEEV
VEEV
Cash + ST InvestmentsLiquidity on hand
$2.9B
$1.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0B
$7.0B
Total Assets
$68.0B
$8.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SSB
SSB
VEEV
VEEV
Q1 26
$2.9B
Q4 25
$1.7B
Q3 25
$1.9B
Q2 25
$2.0B
Q1 25
$1.1B
Q4 24
$1.0B
Q3 24
$1.2B
Q2 24
$1.2B
Stockholders' Equity
SSB
SSB
VEEV
VEEV
Q1 26
$9.0B
Q4 25
$9.1B
$7.0B
Q3 25
$9.0B
$6.6B
Q2 25
$8.8B
$6.2B
Q1 25
$8.6B
$5.8B
Q4 24
$5.9B
$5.5B
Q3 24
$5.9B
$5.2B
Q2 24
$5.7B
$4.9B
Total Assets
SSB
SSB
VEEV
VEEV
Q1 26
$68.0B
Q4 25
$67.2B
$8.1B
Q3 25
$66.0B
$8.0B
Q2 25
$65.9B
$7.8B
Q1 25
$65.1B
$7.3B
Q4 24
$46.4B
$6.5B
Q3 24
$46.1B
$6.3B
Q2 24
$45.5B
$6.2B

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SSB
SSB
VEEV
VEEV
Q1 26
Q4 25
$232.1M
$192.8M
Q3 25
$122.4M
$238.4M
Q2 25
$72.6M
$877.2M
Q1 25
$-126.3M
$69.5M
Q4 24
$354.3M
$164.1M
Q3 24
$-246.8M
$92.9M
Q2 24
$126.8M
$763.5M
Free Cash Flow
SSB
SSB
VEEV
VEEV
Q1 26
Q4 25
$215.5M
Q3 25
$101.7M
Q2 25
$52.5M
Q1 25
$-139.1M
Q4 24
$340.9M
Q3 24
$-254.2M
Q2 24
$117.3M
FCF Margin
SSB
SSB
VEEV
VEEV
Q1 26
Q4 25
37.1%
Q3 25
17.0%
Q2 25
9.1%
Q1 25
-25.5%
Q4 24
92.2%
Q3 24
-72.3%
Q2 24
33.5%
Capex Intensity
SSB
SSB
VEEV
VEEV
Q1 26
Q4 25
2.9%
Q3 25
3.5%
Q2 25
3.5%
Q1 25
2.4%
Q4 24
3.6%
Q3 24
2.1%
Q2 24
2.7%
Cash Conversion
SSB
SSB
VEEV
VEEV
Q1 26
Q4 25
0.94×
0.82×
Q3 25
0.50×
1.19×
Q2 25
0.34×
3.84×
Q1 25
-1.42×
0.36×
Q4 24
2.46×
0.88×
Q3 24
-1.72×
0.54×
Q2 24
0.96×
4.72×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SSB
SSB

Net Interest Income$561.6M85%
Noninterest Income$100.1M15%

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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