Iqvia Holdings (IQV) Cost of Revenue (2012 - 2026)

Iqvia Holdings (IQV) posted Cost of Revenue of $2.8 billion for Q1 2026, down 4.51% sequentially from $2.9 billion in Q4 2025, and up 10.47% YoY from $2.5 billion in Q1 2025.

Iqvia Holdings (IQV) Cost of Revenue (2012 - 2026) Analysis & Trends

Iqvia Holdings (IQV) has 15 years of Cost of Revenue data on file, last reported at $2.8 billion in Q1 2026.

  • Quarterly Cost of Revenue rose 10.47% year-over-year to $2.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $11.1 billion (up 10.16% YoY) and the FY2025 annual result came in at $10.9 billion, up 8.47% from the prior year.
  • Cost of Revenue fell to $2.8 billion in Q1 2026 per IQV's latest filing, from $2.9 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $2.9 billion in Q4 2025, with the low at $2.3 billion in Q3 2022.
  • Average Cost of Revenue over 5 years is $2.5 billion, with a median of $2.5 billion recorded in 2023.
  • Year-over-year, Cost of Revenue increased 0.34% in 2022 and grew 13.49% in 2025.
  • Iqvia Holdings' Cost of Revenue stood at $2.4 billion in 2022, then grew by 2.95% to $2.5 billion in 2023, then gained by 4.12% to $2.6 billion in 2024, then advanced by 13.49% to $2.9 billion in 2025, then fell by 4.51% to $2.8 billion in 2026.
  • Business Quant data shows IQV's Cost of Revenue at $2.8 billion in Q1 2026, $2.9 billion in Q4 2025, and $2.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 155.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 3.26 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 2.36 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 175.25 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 608,000.00
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 845.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 2.80 Bn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 370.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 118.74 Mn
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 1.95 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.80 Bn
Mar 31, 2026 2.80 Bn
Dec 31, 2025 2.93 Bn
Dec 31, 2025 2.93 Bn
Sep 30, 2025 2.73 Bn
Sep 30, 2025 2.73 Bn
Jun 30, 2025 2.69 Bn
Jun 30, 2025 2.69 Bn
Mar 31, 2025 2.53 Bn
Mar 31, 2025 2.53 Bn
Dec 31, 2024 2.58 Bn
Dec 31, 2024 2.58 Bn
Sep 30, 2024 2.52 Bn
Sep 30, 2024 2.52 Bn
Jun 30, 2024 2.49 Bn
Jun 30, 2024 2.49 Bn
Mar 31, 2024 2.44 Bn
Mar 31, 2024 2.44 Bn
Dec 31, 2023 2.48 Bn
Dec 31, 2023 2.48 Bn