What is IQVIA's gross profit?

IQVIA (IQV) reported gross profit of $1.36B in Q1 2026.

How has IQVIA's gross profit changed year-over-year?

IQVIA's gross profit increased by 4.4% year-over-year, from $1.3B to $1.36B.

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

Over 4 years (2021 to 2025), IQVIA's gross profit has grown at a 4.0% compound annual growth rate (CAGR), from $4.64B to $5.43B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

IQVIA IQV Gross Profit

Discontinued — last reported Q1 '26

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$1.01B+6.9%

Veeva SystemsVEEV

$662.02M+13.1%

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$6.13B+5.3%

CognizantCTSH

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OracleORCL

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Segments

By segment

See full

Research & Development Solutions$472M-0.8%

Commercial Solutions$381M—

Other financials

Income statement

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Revenue$4.2B+8.4%

Operating income$514.0M+3.6%

Net income$274.0M+10.0%

EPS (diluted)$1.61+15.0%

Balance sheet

See full

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

See full

Operating cash flow$618.0M+8.8%

CapEx$127.0M-10.6%

Free cash flow$491.0M+15.3%

Valuation

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Market cap$31.9B+17.5%

Enterprise value$46.02B+12.8%

P/E23×+1.1×

P/S1.9×+0.2×

Profitability

See full

Gross margin33%-1.7pp

Operating margin13.2%-0.9pp

Net margin8.3%-0.3pp

FCF margin12.7%-1.2pp

Returns & leverage

See full

Return on equity22.7%+1.1pp

Debt / equity2.6×+0.2×

Current ratio0.7×-0.1×

Where this comes from

Calculated from IQVIA’s reported figures.

$4.2Btotal revenue−$2.8Btotal cost of revenue=$1.36B

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 gross profit?: IQVIA (IQV) reported gross profit of $1.36B in Q1 2026.
How has IQVIA's gross profit changed year-over-year?: IQVIA's gross profit increased by 4.4% year-over-year, from $1.3B to $1.36B.
What is the long-term trend for IQVIA's gross profit?: Over 4 years (2021 to 2025), IQVIA's gross profit has grown at a 4.0% compound annual growth rate (CAGR), from $4.64B to $5.43B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.