IQVIA Holdings Inc.
IQV Healthcare Diagnostics & Research
IQVIA Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.3 billion, up 5.87% from fiscal 2024. In the quarter to June 2026, revenue grew 8.74%, EPS was flat, free cash flow grew 23.3% and total debt rose 3.29%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years.
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IQVIA Holdings Inc. (IQV) Free cash flow
IQVIA Holdings Inc.'s free cash flow for fiscal 2025 was $2.1B, unchanged from fiscal 2024. Over the twelve months to 30 June 2026 it was $2.3B. Over the past ten years it has ranged from $398.0M (fiscal 2015) to $2.3B (fiscal 2021); the current reading is higher than 82% of that period. IQVIA Holdings Inc. ranks 3rd of 52 Diagnostics & Research companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $2.1B | (0.61%) |
| FY2024 | $2.1B | 42.60% |
| FY2023 | $1.5B | (5.42%) |
| FY2022 | $1.6B | (31.10%) |
| FY2021 | $2.3B | 71.41% |
| FY2020 | $1.3B | 60.84% |
| FY2019 | $835.0M | 5.03% |
| FY2018 | $795.0M | 32.28% |
| FY2017 | $601.0M | (13.65%) |
| FY2016 | $696.0M | 74.87% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $360.0M | (26.68%) |
| Mar 2026 | $491.0M | (12.48%) |
| Dec 2025 | $561.0M | (33.77%) |
| Sep 2025 | $847.0M | 190.07% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| IQV IQVIA Holdings Inc. | $2.3B |
| DGX Quest Diagnostics Incorporated compare | $1.3B |
| A Agilent Technologies, Inc. compare | $1.3B |
| IDXX IDEXX Laboratories, Inc. compare | $1.2B |
| LH Labcorp Holdings Inc. compare | $1.2B |
| ILMN Illumina, Inc. compare | $931.0M |
| MTD Mettler-Toledo International, Inc. compare | $864.0M |
| WAT Waters Corporation compare | $366.6M |
| NTRA Natera, Inc. compare | $84.2M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on IQV
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement