Iqvia Holdings (IQV) Gross Margin (2012 - 2026)
Iqvia Holdings' (IQV) quarterly Gross Margin came in at 32.85% in Q2 2026, down 8.0% year-over-year from 35.71% in Q2 2025, and up 0.64% quarter-over-quarter from 32.64% in Q1 2026.
Analysis
Iqvia Holdings (IQV) Gross Margin (2012 - 2026) Analysis & Trends
Iqvia Holdings has disclosed Gross Margin across 15 years of filings, most recently posting 32.85% for Q2 2026.
- In Q2 2026, Gross Margin fell 8.0% year-over-year to 32.85%; the TTM figure through Jun 2026 stood at 32.97% (down 128.0% YoY), while the FY2025 annual figure was 33.29%, down 160.0% from the prior year.
- Gross Margin came in at 32.85% for Q2 2026 at Iqvia Holdings, up from 32.64% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 35.94% in Q4 2023 to a low of 32.64% in Q1 2026.
- Average Gross Margin over 5 years is 34.31%, with a median of 34.53% recorded in 2023.
- Year-over-year, Gross Margin surged 216 bps in 2022 and tumbled 191 bps in 2025.
- Over 5 years, Gross Margin stood at 35.62% in 2022, then rose by 1 bps to 35.94% in 2023, then declined by 3 bps to 34.82% in 2024, then decreased by 5 bps to 32.91% in 2025, then declined by 0 bps to 32.85% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 32.85% in Q2 2026, 32.64% in Q1 2026, and 32.91% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.72 Bn | 42.64 Bn | 1.44 Bn | 32.85% |
| 2 | Medpace Holdings | 17.37 Bn | 16.87 Bn | 201.64 Mn | 28.51% |
| 3 | Icon | 13.65 Bn | 12.72 Bn | 479.29 Mn | 23.23% |
| 4 | Charles River Laboratories International | 13.13 Bn | 12.94 Bn | 452.07 Mn | 45.02% |
| 5 | Fortrea Holdings | 1.89 Bn | 1.72 Bn | 139.20 Mn | 20.52% |
| 6 | Evotec SE | 574.75 Mn | 148.87 Mn | - | - |
| 7 | Ginkgo Bioworks Holdings | 439.63 Mn | 355.09 Mn | 18.44 Mn | 91.47% |
| 8 | Champions Oncology | 69.43 Mn | 65.03 Mn | 7.70 Mn | 50.54% |
| 9 | MindWalk Holdings | 51.76 Mn | 46.29 Mn | 1.61 Mn | 58.58% |
| 10 | VivoSim Labs | 1.37 Mn | 1.37 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 33.56% |