IQVIA income statement
In fiscal 2025, IQVIA reported revenue of $16.31bn, up 5.9% on the year before, operating income of $2.18bn (a 13.4% margin) and net income of $1.36bn, or $7.84 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.3 | 4.9 | 5.1 | 5.5 | 5.7 | 6.9 | 9.7 | 10.4 | 11.1 | 11.4 | 13.9 | 14.4 | 15.0 | 15.4 | 16.3 | 17.3 |
| Research and development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general and administrative | 0.8 | 0.8 | 0.9 | 0.8 | 0.8 | 1.0 | 1.6 | 1.7 | 1.7 | 1.8 | 2.0 | 2.1 | 2.1 | 2.0 | 2.0 | 2.1 |
| Operating income | 0.3 | 0.4 | 0.5 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | 0.8 | 0.7 | 1.4 | 1.8 | 2.0 | 2.2 | 2.2 | 2.2 |
| Interest expense | 0.1 | −0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.7 | 0.7 | 0.7 | 0.8 |
| Income before tax | 0.2 | 0.3 | 0.3 | 0.5 | 0.5 | 0.4 | 0.3 | 0.3 | 0.4 | 0.4 | 1.1 | 1.4 | 1.5 | 1.7 | 1.6 | 1.6 |
| Income tax | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | −1.0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | 0.1 | 0.3 | 0.3 | 0.3 |
| Net income | 0.2 | 0.2 | 0.2 | 0.4 | 0.4 | 0.1 | 1.3 | 0.3 | 0.2 | 0.3 | 1.0 | 1.1 | 1.4 | 1.4 | 1.4 | 1.4 |
| Diluted EPS | $2.05 | $1.51 | $1.77 | $2.72 | $3.08 | $0.47 | $5.74 | $1.24 | $0.96 | $1.43 | $4.95 | $5.72 | $7.29 | $7.49 | $7.84 | $8.25 |
| Diluted shares (average) | 118m | 118m | 128m | 131m | 126m | 152m | 223m | 208m | 200m | 195m | 195m | 191m | 186m | 183m | 174m | 169m |
| EBITDA | 0.4 | 0.5 | 0.6 | 0.7 | 0.8 | 0.9 | 1.7 | 1.9 | 2.0 | 2.0 | 2.7 | 2.9 | 3.1 | 3.3 | 3.3 | 3.4 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,958 | 3,829 | 4,017 | 4,100 | 4,364 | 4,151 | 4,368 | 4,428 |
| Selling, general and administrative | 453 | 508 | 509 | 514 | 468 | 502 | 574 | 569 |
| Operating income | 626 | 496 | 506 | 553 | 627 | 514 | 506 | 572 |
| Interest expense | 171 | 165 | 182 | 189 | 193 | 192 | 197 | 203 |
| Income before tax | 544 | 323 | 323 | 408 | 537 | 328 | 301 | 386 |
| Income tax | 112 | 61 | 56 | 76 | 59 | 59 | 60 | 76 |
| Net income | 437 | 249 | 266 | 331 | 514 | 274 | 256 | 350 |
| Diluted EPS | $2.41 | $1.40 | $1.54 | $1.93 | $2.98 | $1.61 | $1.53 | $2.10 |
| EBITDA | 929 | 761 | 782 | 839 | 944 | 802 | 798 | 893 |
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