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IQVIA IQV Gross margin

Gross margin at other companies

UnitedHealth Group logo
UnitedHealth GroupUNH
88.6%+0.4pp
Labcorp Holdings logo
Labcorp HoldingsLH
28.9%+0.7pp
Cognizant logo
CognizantCTSH
33.4%-0.7pp
Oracle logo
OracleORCL
64.6%-5.9pp
Veeva Systems logo
Veeva SystemsVEEV
75%-0.5pp
Accenture logo
AccentureACN
32%-0.1pp

Other financials

Income statement

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Revenue$4.4B+8.7%
Gross profit$1.4B+8.5%
Operating income$506.0M0.0%
Net income$256.0M-3.8%
EPS (diluted)$1.53-0.6%

Balance sheet

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Cash & equivalents$1.9B-6.4%
Total debt$16.2B+3.4%
Total equity$6.2B+6.8%
Total assets$29.9B+4.4%

Cash flow

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Operating cash flow$558.0M+26.0%
CapEx$198.0M+31.1%
Free cash flow$360.0M+23.3%

Valuation

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Market cap$38.85B+28.8%
Enterprise value$53.19B+21.3%
P/E28.3×+3.9×
P/S2.3×+0.4×

Profitability

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Operating margin13%-0.9pp
Net margin8.1%+0.2pp
FCF margin12.9%+0.1pp

Returns & leverage

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Return on equity23%+3.2pp
Debt / equity2.6×-0.1×
Current ratio0.7×-0.1×

Where this comes from

Calculated from IQVIA’s reported figures.

Based on trailing twelve months.

The source filing: IQVIA’s 10-Q, filed July 28, 2026. Open the filing →

Filed
Jul 28, 2026, 4:38 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050211

FAQ

What is IQVIA's gross margin?
IQVIA (IQV) reported gross margin of 33% in Q2 2026.
How has IQVIA's gross margin changed year-over-year?
IQVIA's gross margin decreased by 3.7% year-over-year, from 34.2% to 33%.
What is the long-term trend for IQVIA's gross margin?
Over 5 years (2020 to 2025), IQVIA's gross margin has grown at a -0.4% compound annual growth rate (CAGR), from 34% to 33.3%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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