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

Iqvia Holdings' (IQV) quarterly Operating Expenses came in at $553.0 million in Q1 2026, up 2.98% year-on-year from $537.0 million in Q1 2025, and up 12.4% quarter-over-quarter from $492.0 million in Q4 2025.

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

Iqvia Holdings has disclosed Operating Expenses across 15 years of filings, most recently posting $553.0 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $553.0 million, up 2.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.1 billion (up 2.27% YoY), and the FY2025 annual result was $2.3 billion, up 2.54% from the prior year.
  • Operating Expenses came in at $553.0 million for Q1 2026 at Iqvia Holdings, up from $492.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $596.0 million in Q4 2022 to a low of $449.0 million in Q4 2024.
  • The 5-year median for Operating Expenses is $532.0 million (2023), against an average of $526.6 million.
  • Across the five-year window, Operating Expenses climbed 9.76% in 2022 and fell 21.64% in 2024, its largest moves.
  • Iqvia Holdings' Operating Expenses stood at $596.0 million in 2022, then fell by 3.86% to $573.0 million in 2023, then fell by 21.64% to $449.0 million in 2024, then climbed by 9.58% to $492.0 million in 2025, then increased by 12.4% to $553.0 million in 2026.
  • The last three Operating Expenses figures came in at $553.0 million (Q1 2026), $492.0 million (Q4 2025), and $534.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 1.31 Bn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 9.14 Bn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 2.25 Bn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 360.15 Mn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 1.44 Bn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 553.00 Mn
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 790.16 Mn
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 512.00 Mn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 316.87 Mn
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn 2.50 Bn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 486.00 Mn