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.

266.90 4.14 −1.53%
Market cap
$44.6B
P/E
32.8×
Fwd P/E
22.3×
Dividend yield
—
F-score
4/9
Altman Z
2.05
Beneish M
−2.59
Dividend safety
n/a

IQVIA Holdings Inc. (IQV) Net margin

Alert me on Net margin

IQVIA Holdings Inc.'s net margin over the twelve months to 30 June 2026 was 8.10%, down 0.2 percentage points from fiscal 2025 (8.34%). Over the past ten years it has ranged from 1.06% (fiscal 2016) to 13.2% (fiscal 2017); the current reading is higher than 73% of that period. That is above the Diagnostics & Research industry median of −6.37% and above the Healthcare sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 8.34% (0.57)
FY2024 8.91% (0.15)
FY2023 9.06% 1.49
FY2022 7.57% 0.61
FY2021 6.96% 4.50
FY2020 2.46% 0.74
FY2019 1.72% (0.77)
FY2018 2.49% (10.67)
FY2017 13.2% 12.10
FY2016 1.06% (5.69)

Quarterly newest first

Period Net margin Change (points)
Jun 2026 5.86% (0.74)
Mar 2026 6.60% (5.18)
Dec 2025 11.8% 3.71
Sep 2025 8.07% 1.45
42 more quarters

Against its own ten years

Low 1.06% High 13.2%
Ten-year median 6.96%
Current reading's percentile 67

Net margin against peers

Company Net margin
IDXX IDEXX Laboratories, Inc. compare 25.0%
MTD Mettler-Toledo International, Inc. compare 21.9%
A Agilent Technologies, Inc. compare 19.5%
ILMN Illumina, Inc. compare 18.4%
DGX Quest Diagnostics Incorporated compare 9.15%
IQV IQVIA Holdings Inc. 8.10%
LH Labcorp Holdings Inc. compare 6.99%
WAT Waters Corporation compare 3.59%
NTRA Natera, Inc. compare −7.11%
Diagnostics & Research industry median −6.37%
Healthcare sector median 0.00%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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