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
DateValue
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%