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
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