Iqvia Holdings (IQV) Gross Margin (2012 - 2026)
Iqvia Holdings' (IQV) quarterly Gross Margin came in at 32.64% in Q1 2026, down 126.0% year-on-year from 125.55% in Q1 2025, and down 0.8% quarter-over-quarter from 32.91% in Q4 2025.
Iqvia Holdings (IQV) Gross Margin (2012 - 2026) Analysis & Trends
Iqvia Holdings has disclosed Gross Margin across 15 years of filings, most recently posting 32.64% for Q1 2026.
- Gross Margin for Q1 2026 came in at 32.64%, down 126.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 32.99% (down 173.0% YoY), and the FY2025 annual result was 33.29%, down 160.0% from the prior year.
- Gross Margin came in at 32.64% for Q1 2026 at Iqvia Holdings, down from 32.91% 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.
- The 5-year median for Gross Margin is 34.6% (2024), against an average of 34.4%.
- Across the five-year window, Gross Margin jumped 216 bps in 2022 and plunged 191 bps in 2025, its largest moves.
- Iqvia Holdings' 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 retreated by 1 bps to 32.64% in 2026.
- The last three Gross Margin figures came in at 32.64% (Q1 2026), 32.91% (Q4 2025), and 33.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 87.77% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 70.37% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 60.34% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 63.35% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 53.95% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 32.64% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 99.91% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 66.09% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 58.68% |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 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% |