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