Iqvia Holdings (IQV) Cost of Revenue (2012 - 2026)
Iqvia Holdings' (IQV) quarterly Cost of Revenue came in at $2.8 billion in Q1 2026, up 10.47% year-on-year from $2.5 billion in Q1 2025, and down 4.51% quarter-over-quarter from $2.9 billion in Q4 2025.
Iqvia Holdings (IQV) Cost of Revenue (2012 - 2026) Analysis & Trends
Iqvia Holdings has disclosed Cost of Revenue across 15 years of filings, most recently posting $2.8 billion for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $2.8 billion, up 10.47% year-over-year; the trailing twelve-month figure through Mar 2026 was $11.1 billion (up 10.16% YoY), and the FY2025 annual result was $10.9 billion, up 8.47% from the prior year.
- Cost of Revenue came in at $2.8 billion for Q1 2026 at Iqvia Holdings, down from $2.9 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $2.9 billion in Q4 2025 to a low of $2.3 billion in Q3 2022.
- The 5-year median for Cost of Revenue is $2.5 billion (2023), against an average of $2.5 billion.
- Across the five-year window, Cost of Revenue gained 0.34% in 2022 and rose 13.49% in 2025, its largest moves.
- Iqvia Holdings' Cost of Revenue stood at $2.4 billion in 2022, then gained by 2.95% to $2.5 billion in 2023, then grew by 4.12% to $2.6 billion in 2024, then increased by 13.49% to $2.9 billion in 2025, then slipped by 4.51% to $2.8 billion in 2026.
- The last three Cost of Revenue figures came in at $2.8 billion (Q1 2026), $2.9 billion (Q4 2025), and $2.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,010.71 Bn | 30,010.25 Bn | 1.11 Bn | 155.00 Mn |
| 2 | Thermo Fisher Scientific | 179.46 Bn | 176.21 Bn | 7.74 Bn | 3.26 Bn |
| 3 | Danaher | 130.33 Bn | 124.64 Bn | 3.59 Bn | 2.36 Bn |
| 4 | Idexx Laboratories | 44.44 Bn | 44.24 Bn | 722.74 Mn | 175.25 Mn |
| 5 | Agilent Technologies | 37.27 Bn | 35.46 Bn | 990.00 Mn | 845.00 Mn |
| 6 | Iqvia Holdings | 30.70 Bn | 28.73 Bn | 1.36 Bn | 2.80 Bn |
| 7 | Natera | 30.59 Bn | 29.49 Bn | 696.04 Mn | 608,000.00 |
| 8 | Illumina | 24.86 Bn | 23.71 Bn | 721.00 Mn | 370.00 Mn |
| 9 | Mettler Toledo International | 23.06 Bn | 23.00 Bn | 555.82 Mn | 118.74 Mn |
| 10 | Quest Diagnostics | 22.46 Bn | 22.36 Bn | 942.00 Mn | 1.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |