Iqvia Holdings (IQV) Gross Margin (2012 - 2026)
Iqvia Holdings (IQV) posted Gross Margin of 32.64% for Q1 2026, down 0.8% sequentially from 32.91% in Q4 2025, and down 126.0% YoY from 125.55% in Q1 2025.
Iqvia Holdings (IQV) Gross Margin (2012 - 2026) Analysis & Trends
Iqvia Holdings (IQV) has 15 years of Gross Margin data on file, last reported at 32.64% in Q1 2026.
- Quarterly Gross Margin fell 126.0% year-over-year to 32.64% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 32.99% (down 173.0% YoY) and the FY2025 annual result came in at 33.29%, down 160.0% from the prior year.
- Gross Margin eased to 32.64% in Q1 2026 per IQV's latest filing, from 32.91% in the prior quarter.
- The five-year high for Gross Margin was 35.94% in Q4 2023, with the low at 32.64% in Q1 2026.
- Average Gross Margin over 5 years is 34.4%, with a median of 34.6% recorded in 2024.
- Year-over-year, Gross Margin surged 216 bps in 2022 and slumped 191 bps in 2025.
- Iqvia Holdings' Gross Margin stood at 35.62% in 2022, then climbed by 1 bps to 35.94% in 2023, then decreased by 3 bps to 34.82% in 2024, then declined by 5 bps to 32.91% in 2025, then dropped by 1 bps to 32.64% in 2026.
- Business Quant data shows IQV's Gross Margin at 32.64% in Q1 2026, 32.91% in Q4 2025, and 33.49% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 87.77% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 70.37% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 60.34% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 63.35% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 99.91% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 53.95% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 32.64% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 66.09% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 58.68% |
| 10 | Quest Diagnostics | 23.76 Bn | 23.67 Bn | 942.00 Mn | 32.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 32.43% |