IQVIA HOLDINGS INC. (IQV) FY2024 Annual P&L / Income Statement
2024-01-01 to 2024-12-31
Revenue by Geography
2024-01-01 to 2024-12-31
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IQVIA HOLDINGS INC. (IQV) FY2024 Annual P&L / Income Statement
Income statement for 2024-01-01 through 2024-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenues
- 15,405,000,000 US dollars
- Cost of revenue (calculated)
- 10,030,000,000 US dollars
- Gross profit (calculated)
- 5,375,000,000 US dollars
- Operating expenses (calculated)
- 3,173,000,000 US dollars
- Income from operations
- 2,202,000,000 US dollars
- Other income (expense), net (calculated)
- negative 533,000,000 US dollars
- Income before income taxes and equity in earnings (losses) of unconsolidated affiliates
- 1,669,000,000 US dollars
- Income tax expense
- 301,000,000 US dollars
- Net income
- 1,373,000,000 US dollars
- Americas
- 7,356,000,000 US dollars
- Europe and Africa
- 4,920,000,000 US dollars
- Asia-Pacific
- 3,129,000,000 US dollars
- Cost of revenues, exclusive of depreciation and amortization
- 10,030,000,000 US dollars
- Selling, general and administrative expenses
- 1,992,000,000 US dollars
- Restructuring costs
- 67,000,000 US dollars
- Depreciation and amortization
- 1,114,000,000 US dollars
- Equity in earnings (losses) of unconsolidated affiliates
- 5,000,000 US dollars. Reported below-tax contribution to net income.
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- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

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Gross margin
34.9%
Gross profit / revenue
Operating margin
14.3%
Operating profit / revenue
Cash conversion
197.8%
Operating cash / net income, same period
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