What is IQVIA's capex?

IQVIA (IQV) reported capex of $127M in Q1 2026.

How has IQVIA's capex changed year-over-year?

IQVIA's capex decreased by 10.6% year-over-year, from $142M to $127M.

What is the long-term trend for IQVIA's capex?

Over 4 years (2021 to 2025), IQVIA's capex has grown at a -1.5% compound annual growth rate (CAGR), from $640M to $603M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

IQVIA IQV CapEx

CapEx at other companies

Thermo Fisher ScientificTMO

$376M+3.9%

UnitedHealth GroupUNH

$763M-15.0%

Labcorp HoldingsLH

$121M-4.0%

CognizantCTSH

$76M-1.3%

OracleORCL

$16.49B+81.6%

AccentureACN

$186.22M+10.1%

Other financials

Income statement

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Revenue$4.2B+8.4%

Gross profit$1.4B+4.4%

Operating income$514.0M+3.6%

Net income$274.0M+10.0%

EPS (diluted)$1.61+15.0%

Balance sheet

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Cash & equivalents$1.9B+11.9%

Total debt$16.1B+10.7%

Total equity$6.2B+4.1%

Total assets$29.7B+8.6%

Cash flow

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Operating cash flow$618.0M+8.8%

Free cash flow$491.0M+15.3%

Valuation

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Market cap$32.25B+26.3%

Enterprise value$46.37B+18.6%

P/E23.3×+2.6×

P/S1.9×+0.3×

Profitability

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Gross margin33%-1.7pp

Operating margin13.2%-0.9pp

Net margin8.3%-0.3pp

FCF margin12.7%-1.2pp

Returns & leverage

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Return on equity22.7%+1.1pp

Debt / equity2.6×+0.2×

Current ratio0.7×-0.1×

Where this comes from

Reported directly by IQVIA in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: IQVIA’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is IQVIA's capex?: IQVIA (IQV) reported capex of $127M in Q1 2026.
How has IQVIA's capex changed year-over-year?: IQVIA's capex decreased by 10.6% year-over-year, from $142M to $127M.
What is the long-term trend for IQVIA's capex?: Over 4 years (2021 to 2025), IQVIA's capex has grown at a -1.5% compound annual growth rate (CAGR), from $640M to $603M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.