IQVIA HOLDINGS INC. (IQV) FY2025 Annual P&L / Income Statement

Revenue by Business Segment by Geography

2025-01-01 to 2025-12-31

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IQVIA HOLDINGS INC. (IQV) FY2025 Annual P&L / Income StatementIncome statement for 2025-01-01 through 2025-12-31. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETResearch & Development Solutions - AmericasTechnology & Analytics Solutions - AmericasTechnology & Analytics Solutions - Europe and AfricaResearch & Development Solutions - Asia-PacificResearch & Development Solutions - Europe and AfricaTechnology & Analytics Solutions - Asia-PacificContract Sales & Medical Solutions - AmericasContract Sales & Medical Solutions - Europe and AfricaContract Sales & Medical Solutions - Asia-PacificRevenuesGross profit (calculated)Cost of revenue (calculated)Cost of revenues, exclusive of depreciation and amortizationIncome from operationsOperating expenses (calculated)Selling, general and administrative expensesDepreciation and amortizationRestructuring costsIncome before income taxes and equity in earnings of unconsolidated affiliatesOther income (expense), net (calculated)Net incomeIncome tax expenseEquity in earnings of unconsolidated affiliatesEquity in earnings of unconsolidated affiliatesEquity in earningsof unconsolidatedaffiliates$22.00 MGross profit (calculated)Gross profit(calculated)$5.43 BRevenuesRevenues$16.31 BIncome from operationsIncome from operations$2.18 BIncome before income taxes and equity in earnings of unconsolidated affiliatesPretax income$1.59 BNet incomeNet income$1.36 BResearch & Development Solutions - AmericasResearch & DevelopmentSolutions - Americas$4.11 BOperating expenses (calculated)Operating expenses(calculated)$3.25 BIncome tax expenseIncome tax expense$252.00 MTechnology & Analytics Solutions - AmericasTechnology & AnalyticsSolutions - Americas$3.36 BCost of revenue (calculated)Cost of revenue(calculated)$10.88 BSelling, general and administrative expensesSelling, general andadministrative expenses$2.00 BOther income (expense), net (calculated)Other income,net (calculated)−$591.00 MTechnology & Analytics Solutions - Europe and AfricaTechnology & AnalyticsSolutions - Europe and Africa$2.65 BDepreciation and amortizationDepreciation and amortization$1.14 BRestructuring costsRestructuring costs$105.00 MResearch & Development Solutions - Asia-PacificResearch & DevelopmentSolutions - Asia-Pacific$2.52 BCost of revenues, exclusive of depreciation and amortizationCost of revenues$10.88 BResearch & Development Solutions - Europe and AfricaResearch & DevelopmentSolutions - Europe and Africa$2.27 BTechnology & Analytics Solutions - Asia-PacificTechnology & AnalyticsSolutions - Asia-Pacific$617.00 MContract Sales & Medical Solutions - AmericasContract Sales & MedicalSolutions - Americas$277.00 MContract Sales & Medical Solutions - Europe and AfricaContract Sales & MedicalSolutions - Europe and Africa$266.00 MContract Sales & Medical Solutions - Asia-PacificContract Sales & MedicalSolutions - Asia-Pacific$245.00 M
Chart details

IQVIA HOLDINGS INC. (IQV) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-01 through 2025-12-31. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues
16,310,000,000 US dollars
Cost of revenue (calculated)
10,880,000,000 US dollars
Gross profit (calculated)
5,430,000,000 US dollars
Operating expenses (calculated)
3,248,000,000 US dollars
Income from operations
2,182,000,000 US dollars
Other income (expense), net (calculated)
negative 591,000,000 US dollars
Income before income taxes and equity in earnings of unconsolidated affiliates
1,591,000,000 US dollars
Income tax expense
252,000,000 US dollars
Net income
1,361,000,000 US dollars
Contract Sales & Medical Solutions - Americas
277,000,000 US dollars
Contract Sales & Medical Solutions - Asia-Pacific
245,000,000 US dollars
Contract Sales & Medical Solutions - Europe and Africa
266,000,000 US dollars
Research & Development Solutions - Americas
4,105,000,000 US dollars
Research & Development Solutions - Asia-Pacific
2,518,000,000 US dollars
Research & Development Solutions - Europe and Africa
2,273,000,000 US dollars
Technology & Analytics Solutions - Americas
3,363,000,000 US dollars
Technology & Analytics Solutions - Asia-Pacific
617,000,000 US dollars
Technology & Analytics Solutions - Europe and Africa
2,646,000,000 US dollars
Cost of revenues, exclusive of depreciation and amortization
10,880,000,000 US dollars
Selling, general and administrative expenses
1,999,000,000 US dollars
Restructuring costs
105,000,000 US dollars
Depreciation and amortization
1,144,000,000 US dollars
Equity in earnings of unconsolidated affiliates
22,000,000 US dollars. Reported below-tax contribution to net income.

Chart connections

  • 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.
  • Of which attributable to IQVIA HOLDINGS INC.: $1.36 B; to noncontrolling interests: $1.00 M.
IQVIA HOLDINGS INC. (IQV) FY2025 Annual P&L / Income Statement Sankey chart, Segments by Geographical view
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Gross margin

33.3%

Gross profit / revenue

Operating margin

13.4%

Operating profit / revenue

Cash conversion

195.0%

Operating cash / net income, same period

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