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IQV

IQVIA

Health CareProfessional ServicesS&P 500
Ticker IQVDURHAM, NCFiscal year ends DecemberBook value per share $36.60Diluted shares 168.6M

IQVIA Holdings Inc. (NYSE: IQV) provides clinical research services, commercial insights and healthcare intelligence to life sciences and healthcare organizations. Its offerings support drug development and commercialization through clinical trial design and operations, laboratory services, real-world evidence,… From the company’s description.

In fiscal 2025, IQVIA reported revenue of $16.31B, up 5.9% from fiscal 2024, and net income of $1.36B. Its operating margin was 13.4%, and operations generated $2.65B in cash. Over the twelve months to Jun 30, 2026, revenue was $16.98B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$16.31BFY2025
+5.9% year over year
Last 12 mo $16.98B
13.38%FY2025
−0.9 percentage points
Last 12 mo 12.95%
$1.36BFY2025
−0.9% year over year
Last 12 mo $1.38B
22.27%FY2025
−1.3 percentage points
Last 12 mo 22.28%
Cash & financing
$2.65BFY2025
−2.3% year over year
Last 12 mo $2.82B
$2.05BFY2025
−3.0% year over year
Last 12 mo $2.18B
2.42FY2025
Was 2.30× a year earlier
Last 12 mo 2.59
173.5MFY2025
−5.4% year over year
Last 12 mo 168.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What IQVIA does

In the company’s own words

IQVIA Holdings Inc. (NYSE: IQV) provides clinical research services, commercial insights and healthcare intelligence to life sciences and healthcare organizations. Its offerings support drug development and commercialization through clinical trial design and operations, laboratory services, real-world evidence, healthcare data and analytics, cloud-based software, consulting, contract sales and medical services, and patient engagement. Customers include pharmaceutical, biotechnology, medical device and diagnostic companies, as well as providers, payers, government agencies, distributors and pharmacies. IQVIA has three reportable segments: Technology & Analytics Solutions, Research & Development Solutions, and Contract Sales & Medical Solutions; effective January 1, 2026, its segment structure comprises Commercial Solutions and Research & Development Solutions. Its technology platforms include the MIDAS, Analytics Link and Disease Insights information offerings, while Avacare Clinical Research Network supports clinical studies through investigators and research locations. IQVIA’s data resources include more than 1.2 billion longitudinal, non-identified patient records. In 2025, the company serves more than 10,000 clients across over 100 countries. Its website is https://www.iqvia.com.

Company details
Sector
Health Care
Industry (SIC)
Professional Services
Headquarters
DURHAM, NC
Fiscal year end
December
CIK
1478242
SIC
8731

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.70B$3.40B$8.49B$13.59B$18.68B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns IQVIA — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

779
funds hold it
2 of 35
superinvestors hold it
$11.53B
held by funds, at market
37.6%
of shares held by funds
8
bond issues held by funds

Superinvestors in IQVIA · what they did last quarter

Bill NygrenINCREASED
Harris Associates (Oakmark)
3.1%of 13F portfolio
Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · IQVIA’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.05%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.31%of fund net assets
Oakmark Select Fund
OAKLX · HARRIS ASSOCIATES INVESTMENT TRUST
6.05%of fund net assets
Oakmark Fund
OAKMX · HARRIS ASSOCIATES INVESTMENT TRUST
2.06%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

IQVIA’s bonds, as funds hold them

Funds report holding 8 issues of IQVIA’s debt, $2.31B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.79%, maturing 2026 to 2033.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do IQVIA and its peers compare on margins and cash generation over ten years?”
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