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| 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 |