Income StatementBalance SheetCash FlowSegments
IQVIA logo

IQVIA Business Segments

Business, geographic, and product segment breakdowns

IQVIA generates $16.6B in annual revenue across 2 key segments: Commercial Solutions ($1.8B), and Research & Development Solutions ($9.2B). The company-wide operating margin is 13.23%. Based on the Q1 2026 filing.

Commercial Solutions$1.8BResearch & Development Solutions (TTM)$9.2B
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$28.8B
P/E Ratio20.82
ROE22.71%

Geographic

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas$1.9B$1.8B$1.9B$1.9B$2.1B$2.0B
Europe and Africa$1.3B$1.2B$1.2B$1.3B$1.4B$1.4B
Asia-Pacific$807.0M$798.0M$841.0M$870.0M$871.0M$812.0M

Total property, equipment and software, net

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Asia-Pacific$50.0M———$47.0M—
Europe and Africa$184.0M———$187.0M—
Other$54.0M———$55.0M—

Business Segments

Business combinations

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Commercial Solutions—————$26.0M
Research & Development Solutions$5.0M$0.0$79.0M$323.0M$0.0$4.0M

Cost of revenues, exclusive of depreciation and amortization

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Research & Development Solutions$1.4B$1.4B$1.5B$1.5B$1.6B$1.7B
Commercial Solutions—$980.0M———$1.1B

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Commercial Solutions————$13.0B$12.9B
Research & Development Solutions$2.6B$2.6B$2.7B$3.0B$3.0B$3.6B

Impact of foreign currency fluctuations and other

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Commercial Solutions—————-$91.0M
Research & Development Solutions-$22.0M$7.0M$22.0M-$7.0M$1.0M-$11.0M

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Research & Development Solutions$2.1B$2.1B$2.2B$2.3B$2.3B$2.4B
Commercial Solutions—$1.6B———$1.8B

Segment profit

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Research & Development Solutions$478.0M$460.0M$451.0M$496.0M$466.0M$472.0M
Commercial Solutions—$355.0M———$381.0M

Selling, general and administrative expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Commercial Solutions—$237.0M———$252.0M
Research & Development Solutions$215.0M$216.0M$227.0M$232.0M$224.0M$250.0M