IQV
IQVIA Holdings Inc.Stock · HealthcareS&P 500 Equal Weight 0.2% · S&P 500 0.05% · Russell 1000 0.05% · Russell 3000 0.04% · US Stock Market 0.04% · MSCI World 0.03% · MSCI ACWI 0.03%$261.77+1.74%
as of market close, Sep 11, 2026
☾ AH — —
IQV financial statements
The full income statement, balance sheet, and cash-flow statement for IQVIA Holdings Inc. (IQV), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-03 182.2M2024-06 182.3M2024-09 181.5M2024-12 176.1M2025-03 173.0M2025-06 170.0M2025-09 170.3M2025-12 169.7M2026-03 166.9M-8.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 16.3B+5.9% | 15.4B+2.8% | 15.0B+4.0% | 14.4B+3.9% | 13.9B+22.1% | |
| Selling, general & administrative | 2.00B+0.4% | 1.99B-3.0% | 2.05B-0.9% | 2.07B+5.4% | 1.96B+9.8% | |
| Restructuring | 105M+56.7% | 67.0M-20.2% | 84.0M+200.0% | 28.0M+40.0% | 20.0M-61.5% | |
| Amortization of intangibles | 984M+2.0% | 965M-0.9% | 974M+0.4% | 970M-13.2% | 1.12B-3.1% | |
| Operating income | 2.18B-0.9% | 2.20B+11.4% | 1.98B+9.9% | 1.80B+29.1% | 1.39B+90.6% | |
| Interest expense | 729M+8.8% | 670M-0.3% | 672M+61.5% | 416M+10.9% | 375M-9.9% | |
| Interest & investment income | 45.0M-4.3% | 47.0M+30.6% | 36.0M+176.9% | 13.0M+116.7% | 6.00M+0.0% | |
| Other non-operating income | 99.0M+10.0% | 90.0M-27.4% | 124M+475.8% | -33.0M-125.4% | 130M+100.0% | |
| Equity-method income | 22.0M+340.0% | 5.00M | 0.00+100.0% | -12.0M-300.0% | 6.00M-14.3% | |
| Pre-tax income | 1.59B-4.7% | 1.67B+14.4% | 1.46B+7.0% | 1.36B+20.8% | 1.13B+202.4% | |
| Income tax | 252M-16.3% | 301M+198.0% | 101M-61.2% | 260M+59.5% | 163M+126.4% | |
| 1.36B-0.9% | 1.37B+1.1% | 1.36B+24.5% | 1.09B+12.9% | 966M+246.2% | ||
| Net income to non-controlling interest | 1.00M | 0.00 | 0.00 | 0.00-100.0% | 5.00M-82.8% | |
| $7.84+4.7% | $7.49+2.7% | $7.29+27.4% | $5.72+15.6% | $4.95+246.2% | ||
| EPS (basic) | $7.91+4.5% | $7.57+2.4% | $7.39+27.0% | $5.82+15.2% | $5.05+245.9% | |
| Weighted-avg shares (basic) | 172M-5.2% | 181M-1.4% | 184M-2.0% | 188M-2.0% | 191M+0.1% | |
| Weighted-avg shares (diluted) | 174M-5.4% | 183M-1.6% | 186M-2.3% | 191M-2.3% | 195M+0.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 6.25B+7.2% | 5.83B+4.2% | 5.60B+12.3% | 4.98B+4.6% | 4.76B-6.4% | ||
| Cash & equivalents | 1.98B+16.3% | 1.70B+23.7% | 1.38B+13.2% | 1.22B-11.0% | 1.37B-24.7% | |
| Short-term investments | 161M+14.2% | 141M+17.5% | 120M+29.0% | 93.0M-16.2% | 111M+26.1% | |
| Accounts receivable | 3.40B+6.1% | 3.20B-5.2% | 3.38B+15.9% | 2.92B+14.3% | 2.55B+5.9% | |
| Prepaid expenses | 162M+5.2% | 154M+9.2% | 141M-6.6% | 151M-3.2% | 156M-1.9% | |
| 29.9B+11.3% | 26.9B+0.8% | 26.7B+5.3% | 25.3B+2.6% | 24.7B+0.5% | ||
| Property, plant & equipment | 533M-0.4% | 535M+2.3% | 523M-1.7% | 532M+7.0% | 497M+3.1% | |
| Operating lease right-of-use | 290M+21.8% | 238M-19.6% | 296M-10.6% | 331M-18.5% | 406M-13.8% | |
| Goodwill | 16.6B+13.0% | 14.7B+1.0% | 14.6B+4.6% | 13.9B+4.7% | 13.3B+5.1% | |
| Intangible assets | 4.96B+10.3% | 4.50B-7.0% | 4.84B+0.4% | 4.82B-2.5% | 4.94B-5.0% | |
| Deferred tax assets | 357M+84.0% | 194M+16.9% | 166M+40.7% | 118M-4.8% | 124M+8.8% | |
| 8.34B+19.9% | 6.96B+7.2% | 6.49B+16.4% | 5.58B+6.4% | 5.24B+15.0% | ||
| Accrued liabilities | 2.97B+0.8% | 2.95B+3.3% | 2.85B+6.9% | 2.67B+13.2% | 2.36B+5.7% | |
| Deferred revenue | 2.12B+19.1% | 1.78B-1.1% | 1.80B+0.1% | 1.80B-1.5% | 1.82B+45.8% | |
| Short-term & current debt | 1.84B+60.7% | 1.15B+59.5% | 718M+372.4% | 152M+67.0% | 91.0M-38.9% | |
| Current lease liability | 93.0M-6.1% | 99.0M-7.5% | 107M-3.6% | 111M-20.7% | 140M-10.3% | |
| Other current liabilities | 489M+153.4% | 193M-34.4% | 294M+93.4% | 152M-26.6% | 207M-14.5% | |
| Finance lease liability (current) | 6.00M+0.0% | 6.00M | 0.00-100.0% | 5.00M-44.4% | 9.00M | |
| 23.3B+11.9% | 20.8B+1.3% | 20.6B+5.1% | 19.6B+5.0% | 18.6B+2.0% | ||
| Long-term debt | 13.9B+8.1% | 12.8B-0.9% | 13.0B+2.9% | 12.6B+4.7% | 12.0B-2.8% | |
| Non-current lease liability | 225M+30.1% | 173M-22.4% | 223M-15.5% | 264M-15.7% | 313M-15.6% | |
| Operating lease liability (total) | 318M+16.9% | 272M-17.6% | 330M-12.0% | 375M-17.2% | 453M-14.0% | |
| Finance lease liability (total) | 218M-2.7% | 224M-1.8% | 228M-0.4% | 229M+23.1% | 186M+52.5% | |
| Finance lease liability | 212M-2.8% | 218M-4.4% | 228M+1.8% | 224M+26.6% | 177M+45.1% | |
| Deferred tax liabilities | 179M-8.7% | 196M-3.0% | 202M-56.5% | 464M+13.2% | 410M+21.3% | |
| Other non-current liabilities | 688M+3.0% | 668M-4.3% | 698M+4.0% | 671M+3.4% | 649M+2.5% | |
| 6.50B+7.2% | 6.07B-0.7% | 6.11B+6.0% | 5.76B-4.6% | 6.04B+0.7% | ||
| Retained earnings | 7.42B+22.4% | 6.07B+29.3% | 4.69B+40.7% | 3.33B+48.6% | 2.24B+75.6% | |
| Treasury stock | 11.4B+12.4% | 10.1B+15.6% | 8.74B+12.9% | 7.74B+17.8% | 6.57B+6.6% | |
| Accumulated other comprehensive income | -943M+9.2% | -1.04B-19.7% | -867M-19.3% | -727M-79.1% | -406M-98.0% | |
| Non-controlling interest | 127M | 0.00 | — | — | 0.00-100.0% | |
| Total equity incl. non-controlling | 6.63B+9.3% | 6.07B-0.7% | 6.11B+6.0% | 5.76B-4.6% | 6.04B-3.8% | |
| Total liabilities & equity | 29.9B+11.3% | 26.9B+0.8% | 26.7B+5.3% | 25.3B+2.6% | 24.7B+0.5% | |
| Common shares issued | 259M+0.3% | 258M+0.4% | 257M+0.3% | 256M+0.2% | 256M+0.4% | |
| Common shares outstanding | 170M-3.7% | 176M-3.0% | 182M-2.3% | 186M-2.6% | 191M-0.3% | |
| Shares outstanding (cover) | 170M-3.6% | 176M-3.0% | 182M-2.3% | 186M-2.5% | 190M-0.4% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.65B-2.3% | 2.72B+26.4% | 2.15B-4.9% | 2.26B-23.2% | 2.94B+50.2% | ||
| Depreciation & amortization | 1.14B+2.7% | 1.11B-1.0% | 1.13B-0.4% | 1.13B-10.6% | 1.26B-1.8% | |
| Intangible amortization | 984M+2.0% | 965M-0.9% | 974M+0.4% | 970M-13.2% | 1.12B-3.1% | |
| Share-based compensation | 247M+19.9% | 206M-5.1% | 217M+11.9% | 194M+14.1% | 170M+78.9% | |
| Deferred income taxes | -180M-39.5% | -129M+52.0% | -269M-133.9% | -115M+16.7% | -138M+21.6% | |
| -2.31B-59.6% | -1.44B+9.9% | -1.60B+20.1% | -2.01B+4.6% | -2.10B-164.2% | ||
| Capital expenditure | 603M+0.2% | 602M-7.2% | 649M-3.7% | 674M+5.3% | 640M+3.9% | |
| Free cash flow | 2.05B-3.0% | 2.11B+40.9% | 1.50B-5.4% | 1.59B-31.1% | 2.30B+71.4% | |
| Acquisitions | 1.71B+133.2% | 735M-16.1% | 876M-33.4% | 1.31B-9.8% | 1.46B+723.7% | |
| Proceeds from sale of PP&E | 75.0M+200.0% | 25.0M | 0.00 | 0.00 | — | |
| Other investing activities | 1.00M+150.0% | -2.00M+60.0% | -5.00M+37.5% | -8.00M-60.0% | -5.00M-350.0% | |
| -150M+82.9% | -878M-129.8% | -382M-16.1% | -329M+73.4% | -1.24B-469.1% | ||
| Long-term debt issued | 6.46B | 0.00-100.0% | 4.00B+220.0% | 1.25B-35.9% | 1.95B+22.6% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 1.24B-7.9% | 1.35B+36.1% | 992M-15.1% | 1.17B+187.7% | 406M-9.2% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | -11.0M | 0.00 | 0.00 | — | — | |
| FX effect on cash | 79.0M+216.2% | -68.0M-1600.0% | -4.00M+94.7% | -75.0M-44.2% | -52.0M-267.7% | |
| Net change in cash | 278M-14.7% | 326M+103.8% | 160M+206.7% | -150M+66.5% | -448M-145.9% | |
| Interest paid | 647M+9.8% | 589M+5.9% | 556M+46.7% | 379M+10.5% | 343M-14.0% | |
| Income taxes paid | — | 295M-13.2% | 340M+33.3% | 255M+14.9% | 222M+6.2% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 38.3B+10.5% | 34.6B-18.0% | 42.2B+11.0% | 38.1B-29.2% | 53.7B+56.8% | |
| P/E | 28.1×+11.6% | 25.2×-33.4% | 37.8×+17.5% | 32.2×-42.1% | 55.6×-54.7% | |
| P/S | 2.3×+4.4% | 2.2×-21.0% | 2.8×+6.9% | 2.7×-31.3% | 3.9×+28.4% | |
| P/B | 5.9×+3.1% | 5.7×-21.6% | 7.3×+2.2% | 7.1×-20.0% | 8.9×+55.8% | |
| P/FCF | 18.7×+13.9% | 16.4×-48.8% | 32.0×+43.2% | 22.3×-4.4% | 23.3×-8.5% | |
| Earnings yield | 3.6%-10.4% | 4.0%+50.1% | 2.6%-14.9% | 3.1%+72.8% | 1.8%+120.8% | |
| FCF yield | 5.4%-12.2% | 6.1%+95.3% | 3.1%-30.2% | 4.5%+4.6% | 4.3%+9.3% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: IQV’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all IQV filings on SEC EDGAR → Not investment advice.