Iqvia Holdings (IQV) Gross Margin (2012 - 2026)
Iqvia Holdings (IQV) recorded Gross Margin of 33.83% in Q3 2026, up 0.34 percentage points from 33.49% a year earlier and up 0.98 percentage points from the prior quarter.
Iqvia Holdings (IQV) Gross Margin (2012 - 2026) Analysis & Trends
On a TTM basis, Iqvia Holdings' Gross Margin came in at 33.07% as of Sep 30, 2026, down 0.71 percentage points year-over-year; for FY2025, it came in at 33.29%, down 1.60 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -0.68 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 34.89% in FY2024 (-0.07 pp), 34.96% in FY2023 (+0.07 pp), 34.89% in FY2022 (+1.44 pp) and 33.45% in FY2021 (-0.52 pp).
- The Q3 2026 figure is the highest quarterly Gross Margin since Q1 2025.
- On a year-over-year basis, Gross Margin rose in 1 of the last eight quarters, with an average year-over-year change of -1.06 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.16 percentage points in Q1 2022, against a drop of 1.91 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 32.85% (Q2 2026), 32.64% (Q1 2026) and 32.91% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 42.58 Bn | 33.96 Bn | 1.50 Bn | 33.83% |
| 2 | Medpace Holdings | 18.13 Bn | 15.77 Bn | 223.89 Mn | 31.27% |
| 3 | Charles River Laboratories International | 16.15 Bn | 15.39 Bn | 363.37 Mn | 36.19% |
| 4 | Icon | 15.71 Bn | 12.48 Bn | 491.83 Mn | 24.29% |
| 5 | Fortrea Holdings | 1.93 Bn | 1.22 Bn | 139.50 Mn | 20.17% |
| 6 | Ginkgo Bioworks Holdings | 627.55 Mn | -134.53 Mn | 18.44 Mn | 91.47% |
| 7 | Evotec SE | 540.45 Mn | -1.07 Bn | - | - |
| 8 | Champions Oncology | 68.48 Mn | 44.13 Mn | 7.70 Mn | 50.54% |
| 9 | MindWalk Holdings | 51.38 Mn | 15.04 Mn | 1.61 Mn | 58.58% |
| 10 | Natural Alternatives International | 6.45 Mn | -21.63 Mn | 1.73 Mn | 5.00% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 33.83% |
| Jun 30, 2026 | 32.85% |
| Mar 31, 2026 | 32.64% |
| Dec 31, 2025 | 32.91% |
| Sep 30, 2025 | 33.49% |
| Jun 30, 2025 | 32.94% |
| Mar 31, 2025 | 33.90% |
| Dec 31, 2024 | 34.82% |
| Sep 30, 2024 | 35.37% |
| Jun 30, 2024 | 34.77% |
| Mar 31, 2024 | 34.60% |
| Dec 31, 2023 | 35.94% |
| Sep 30, 2023 | 35.06% |
| Jun 30, 2023 | 34.47% |
| Mar 31, 2023 | 34.34% |
| Dec 31, 2022 | 35.62% |
| Sep 30, 2022 | 34.84% |
| Jun 30, 2022 | 34.17% |
| Mar 31, 2022 | 34.89% |
| Dec 31, 2021 | 34.98% |
Iqvia Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=IQV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "IQV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=IQV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();