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IQV
IQVIA Holdings Inc.Stock · HealthcareS&P 500 0.1%
$207.93+$0.61 (+0.29%)as of market close, Jul 24, 2026
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How IQVIA makes money

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How does IQVIA make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

IQVIA Holdings Inc. · FY2025 · year ended 2025-12-31
Revenue$16.3BGross profit$16.3B · 100%Cost of revenue$0 · 0%Operating income$2.2B · 13%Operating expenses$14.1B · 87%SG&A$2.0B · 12%Other opex$12.1B · 74%Pre-tax income$1.6B · 10%Other expense$570M · 3%Net income$1.4B · 8%Income tax$252M · 2%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.