Iqvia Holdings (IQV) Operating Expenses (2012 - 2026)

Iqvia Holdings (IQV) posted Operating Expenses of $637.0 million for Q2 2026, up 15.19% sequentially from $553.0 million in Q1 2026, and up 17.74% YoY from $541.0 million in Q2 2025.

Iqvia Holdings (IQV) Operating Expenses (2012 - 2026) Analysis & Trends

Iqvia Holdings has reported Operating Expenses for 15 years, with the latest figure at $637.0 million in Q2 2026.

  • Quarterly Operating Expenses rose 17.74% year-over-year to $637.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.2 billion (up 6.69% YoY) and the FY2025 annual result came in at $2.1 billion, up 2.19% from the prior year.
  • Operating Expenses improved to $637.0 million in Q2 2026 per IQV's latest filing, from $553.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $637.0 million in Q2 2026 and troughed at $449.0 million in Q4 2024.
  • A 5-year average of $532.7 million and a median of $533.0 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2026: Operating Expenses decreased 21.64% in 2024, then climbed 17.74% in 2026.
  • Over 5 years, Operating Expenses stood at $596.0 million in 2022, then decreased by 3.86% to $573.0 million in 2023, then decreased by 21.64% to $449.0 million in 2024, then increased by 9.58% to $492.0 million in 2025, then grew by 29.47% to $637.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $637.0 million, $553.0 million, and $492.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Thermo Fisher Scientific 213.86 Bn 209.80 Bn 8.34 Bn 9.91 Bn
2 Danaher 140.41 Bn 136.07 Bn 3.61 Bn 2.48 Bn
3 Idexx Laboratories 46.33 Bn 46.13 Bn 779.09 Mn 353.52 Mn
4 Agilent Technologies 39.71 Bn 37.90 Bn 990.00 Mn 1.44 Bn
5 Iqvia Holdings 39.35 Bn 37.27 Bn 1.44 Bn 637.00 Mn
6 Natera 38.97 Bn 37.87 Bn 696.04 Mn 790.16 Mn
7 Illumina 30.09 Bn 28.92 Bn 770.00 Mn 525.00 Mn
8 Mettler Toledo International 28.70 Bn 28.65 Bn 650.22 Mn 321.77 Mn
9 Quest Diagnostics 26.19 Bn 25.56 Bn 1.03 Bn 2.58 Bn
10 Labcorp Holdings 25.89 Bn 24.91 Bn 1.01 Bn 557.40 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 637.00 Mn
Mar 31, 2026 553.00 Mn
Dec 31, 2025 492.00 Mn
Sep 30, 2025 534.00 Mn
Jun 30, 2025 541.00 Mn
Mar 31, 2025 537.00 Mn
Dec 31, 2024 449.00 Mn
Sep 30, 2024 550.00 Mn
Jun 30, 2024 537.00 Mn
Mar 31, 2024 523.00 Mn
Dec 31, 2023 573.00 Mn
Sep 30, 2023 532.00 Mn
Jun 30, 2023 502.00 Mn
Mar 31, 2023 530.00 Mn
Dec 31, 2022 596.00 Mn
Sep 30, 2022 521.00 Mn
Jun 30, 2022 487.00 Mn
Mar 31, 2022 495.00 Mn
Dec 31, 2021 547.00 Mn
Sep 30, 2021 500.00 Mn