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

Revenue by Business Segment

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: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETResearch & Development SolutionsTechnology & Analytics SolutionsContract Sales & Medical SolutionsRevenuesGross 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 SolutionsResearch & Development Solutions$8.90 BOperating expenses (calculated)Operating expenses(calculated)$3.25 BIncome tax expenseIncome tax expense$252.00 MCost 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 MDepreciation and amortizationDepreciation and amortization$1.14 BTechnology & Analytics SolutionsTechnology & Analytics Solutions$6.63 BRestructuring costsRestructuring costs$105.00 MContract Sales & Medical SolutionsContract Sales & Medical Solutions$788.00 MCost of revenues, exclusive of depreciation and amortizationCost of revenues$10.88 B
Chart details

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

Income statement for 2025-01-01 through 2025-12-31. View: Business segment. 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
Technology & Analytics Solutions
6,626,000,000 US dollars
Research & Development Solutions
8,896,000,000 US dollars
Contract Sales & Medical Solutions
788,000,000 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 Revenue by Business Segment Sankey chart
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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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