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| Date | Value |
|---|---|
| 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 |