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IQV

Health Care · Life Sciences Tools & Services

IQVIA: revenue, profit and cash flow

In fiscal 2025, IQVIA had revenue of $16.3B, up 11.0% a year on average since 2015, and net income of $1.36B (8.3% of revenue). It has 38% more shares than in 2015.

Revenue, fiscal 2025

$16.3B+11.0% a year

average annual revenue growth since 2015 · +5.9% vs 2024

Net income, 2025
$1.36B
8.3% of revenue
Diluted EPS, 2025
$7.84
9.8% a year since 2015
Revenue growth, 5 years
7.5% a year
since 2020
Shares, 2025
174M
+38.1% since 2015
Free cash flow, 2025
$2.05B
$2.65B from operations − $603M capex
Ticker
IQV · NYSE
Sector
Health Care
Sub-industry
Life Sciences Tools & Services
Headquarters
Durham, North Carolina
Founded
1982
In the S&P 500 since
August 29, 2017
Latest fiscal year
2025, ended December 31, 2025
SEC filer
Iqvia Holdings Inc. · CIK 0001478242

Revenue and net income

Revenue went from $4.33B in 2011 to $16.3B in 2025.

RevenueNet income
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from $2.05 in 2011 to $7.84 in 2025. Ten-year growth: 9.8% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

38.1% more shares in 2025 than in 2015 (126M → 174M): new shares outweighed buybacks.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $2.05B in 2025, 12.6% of revenue.

Operating cash flowCapital expenditureFree cash flow
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal yearRevenueNet incomeNet marginDiluted EPSSharesOperating cash flowCapexFree cash flow
2025$16.3B$1.36B8.3%$7.84174M$2.65B$603M$2.05B
2024$15.4B$1.37B8.9%$7.49183M$2.72B$602M$2.11B
2023$15B$1.36B9.1%$7.29186M$2.15B$649M$1.5B
2022$14.4B$1.09B7.6%$5.72191M$2.26B$674M$1.59B
2021$13.9B$966M7.0%$4.95195M$2.94B$640M$2.3B
2020$11.4B$279M2.5%$1.43195M$1.96B$616M$1.34B
2019$11.1B$191M1.7%$0.96200M$1.42B$582M$835M
2018$10.4B$259M2.5%$1.24208M$1.25B$459M$795M
2017$9.7B$1.28B13.2%$5.74223M$970M$369M$601M
2016$6.82B$72M1.1%$0.47152M$860M$164M$696M
2015$5.74B$387M6.7%$3.08126M$476M$78M$398M
2014$5.46B$357M6.5%$2.72131M$433M$83M$350M
2013$5.1B$227M4.4%$1.77128M$393M$88.3M$305M
2012$4.87B$178M3.6%$1.51118M$336M$71.3M$264M
2011$4.33B$242M5.6%$2.05118M$161M$75.7M$85.3M

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

About these figures

Other Life Sciences Tools & Services companies

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Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.