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IQVIA IQV Net margin

Net margin at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
15.2%+1.0pp
UnitedHealth Group logo
UnitedHealth GroupUNH
2.7%-2.7pp
Labcorp Holdings logo
Labcorp HoldingsLH
6.7%+1.1pp
Cognizant logo
CognizantCTSH
10.4%-1.3pp
Oracle logo
OracleORCL
25.3%+3.5pp
Veeva Systems logo
Veeva SystemsVEEV
28.4%+1.0pp

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%
CapEx$127.0M-10.6%
Free cash flow$491.0M+15.3%

Valuation

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Market cap$28B-7.9%
Enterprise value$42.12B-2.5%
P/E20.2×-2.6×
P/S1.7×-0.3×

Profitability

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Gross margin33%-1.7pp
Operating margin13.2%-0.9pp
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

Calculated from IQVIA’s reported figures.

Based on trailing twelve months.

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 net margin?
IQVIA (IQV) reported net margin of 8.3% in Q1 2026.
How has IQVIA's net margin changed year-over-year?
IQVIA's net margin decreased by 3.3% year-over-year, from 8.6% to 8.3%.
What is the long-term trend for IQVIA's net margin?
Over 5 years (2020 to 2025), IQVIA's net margin has grown at a 27.7% compound annual growth rate (CAGR), from 2.5% to 8.3%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.