IQVIA Holdings Inc. IQV

270.37 (4.65) (1.69%) as of 25 Sep
Market cap
$45.3B
P/E
33.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

IQVIA Holdings Inc. (IQV) Gross margin

IQVIA Holdings Inc.'s gross margin over the twelve months to 30 June 2026 was 33.0%, down 0.3 percentage points from fiscal 2025 (33.3%). Over the past ten years it has ranged from 28.3% (fiscal 2015) to 35.2% (fiscal 2018); the current reading is higher than 27% of that period. That is below the Diagnostics & Research industry median of 50.9% and below the Healthcare sector median of 53.7%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 33.3% (1.60)
FY2024 34.9% (0.07)
FY2023 35.0% 0.07
FY2022 34.9% 1.44
FY2021 33.5% (0.52)
FY2020 34.0% (0.19)
FY2019 34.2% (1.05)
FY2018 35.2% 0.16
FY2017 35.1% 4.72
FY2016 30.3% 2.07

Quarterly

Period Gross margin Change (points)
Jun 2026 32.9% 0.21
Mar 2026 32.6% (0.27)
Dec 2025 32.9% (0.58)
Sep 2025 33.5% 0.55
42 more quarters

Against its own ten years

Low 28.3% High 35.2%
Ten-year median 34.2%
Current reading's percentile 27

Gross margin against peers

Company Gross margin
ILMN Illumina, Inc. compare 66.4%
NTRA Natera, Inc. compare 65.2%
GH Guardant Health, Inc. compare 65.0%
IDXX IDEXX Laboratories, Inc. compare 62.5%
MTD Mettler-Toledo International, Inc. compare 60.3%
A Agilent Technologies, Inc. compare 53.8%
WAT Waters Corporation compare 50.9%
DGX Quest Diagnostics Incorporated compare 33.1%
IQV IQVIA Holdings Inc. 33.0%
Diagnostics & Research industry median 50.9%
Healthcare sector median 53.7%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on IQV