Iqvia Holdings Inc. (IQV) Financial Statements

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Iqvia financial statements at a glance

Iqvia reported revenue of $16.31 billion for fiscal year 2025 (ended December 31, 2025), up 5.9% from fiscal year 2024. Net income was $1.36 billion, a net margin of 8.3%.

At the end of fiscal year 2025 it had total assets of $29.94 billion, total liabilities of $23.44 billion and shareholders' equity of $6.50 billion, with total debt of $15.94 billion.

Its operations brought in $2.65 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

IQV logo

Iqvia Holdings Inc.

IQVUnited States
Healthcare
USD (Local)

Income Statement

Annual • USD

Revenue
16.31B
Prev Year: 15.40B
YoY: +5.9%
Total Revenue
-
Cost of Revenue
10.88B
Prev Year: 10.03B
YoY: +8.5%
Gross Profit
5.43B
Prev Year: 5.38B
YoY: +1.0%
SG&A Expenses
2.00B
Prev Year: 1.99B
YoY: +0.4%
Operating Expense
-
Depreciation/Amortization
1.14B
Prev Year: 1.11B
YoY: +2.7%
Operating Expenses
14.13B
Prev Year: 13.20B
YoY: +7.1%
Net Non Operating Interest Income Expense
-
Operating Income
2.18B
Prev Year: 2.20B
YoY: -1.2%
Other Income Expense
-
Interest Inc.(Exp.),Net-Non-Op., Total
-684.00M
Prev Year: -623.00M
YoY: -9.8%
Pre-tax Income
-
Other, Net
99.00M
Prev Year: 90.00M
YoY: +10.0%
Net Income Before Taxes
1.59B
Prev Year: 1.67B
YoY: -4.7%
Equity in Earnings of Affiliates, Net of Tax
-
Provision for Income Taxes
252.00M
Prev Year: 301.00M
YoY: -16.3%
Net Income Common Stockholders
-
Net Income After Taxes
1.34B
Prev Year: 1.37B
YoY: -2.1%
Diluted NI Available to Com Stockholders
-
Equity In Affiliates
22.00M
Prev Year: 5.00M
YoY: +340.0%
Basic EPS
-
Net Income Before Extra. Items
1.36B
Prev Year: 1.37B
YoY: -0.9%
Diluted EPS
-
Net Income
1.36B
Prev Year: 1.37B
YoY: -0.9%
Weighted Average Shares (basic)
-
Income Available to Com Excl ExtraOrd
1.36B
Prev Year: 1.37B
YoY: -0.9%
Weighted Average Shares (diluted)
-
Income Available to Com Incl ExtraOrd
1.36B
Prev Year: 1.37B
YoY: -0.9%
Total Operating Income as Reported
-
Diluted Net Income
1.36B
Prev Year: 1.37B
YoY: -0.9%
Total Expenses
-
Diluted Weighted Average Shares
173.50M
Prev Year: 183.40M
YoY: -5.4%
Net Income from Continuing and Discontinued Operation
-
Diluted EPS Excluding ExtraOrd Items
7.839
Prev Year: 7.486
YoY: +4.7%
Normalized Income
-
Diluted Normalized EPS
8.377
Prev Year: 7.786
YoY: +7.6%
Interest Income
-
Unusual Expense (Income)
111.00M
Prev Year: 67.00M
YoY: +65.7%
Interest Expense
-
Minority Interest
-1.00M
Net Interest Income
-
Values in USD

Iqvia key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$16.3B$15.4B$15.0B$14.4B$13.9B
Gross profit$5.4B$5.4B$5.2B$5.0B$4.6B
Operating income$2.2B$2.2B$2.0B$1.8B$1.4B
Net income$1.4B$1.4B$1.4B$1.1B$966.0M
Diluted EPS––––$4.95
Total assets$29.9B$26.9B$26.7B$25.3B$24.7B
Total liabilities$23.4B$20.8B$20.6B$19.6B$18.6B
Shareholders' equity$6.5B$6.1B$6.1B$5.8B$6.0B
Cash––––$1.4B
Total debt$15.9B$14.2B$13.9B$13.0B$12.4B
Operating cash flow$2.7B$2.7B$2.1B$2.3B$2.9B
Capital spending––––$640.0M
Free cash flow––––$2.3B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was Iqvia's revenue in fiscal year 2025?

$16.31 billion, up 5.9% from $15.41 billion in fiscal year 2024.

How much profit does Iqvia make?

Iqvia reported net income of $1.36 billion for fiscal year 2025 (8.3% of revenue); operating income was $2.18 billion.

How much cash and debt does Iqvia have?

At the end of fiscal year 2025: total debt of $15.94 billion.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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