Iqvia Holdings (IQV) Operating Expenses (2012 - 2026)
Iqvia Holdings (IQV) posted Operating Expenses of $553.0 million for Q1 2026, up 12.4% sequentially from $492.0 million in Q4 2025, and up 2.98% YoY from $537.0 million in Q1 2025.
Iqvia Holdings (IQV) Operating Expenses (2012 - 2026) Analysis & Trends
Iqvia Holdings (IQV) has 15 years of Operating Expenses data on file, last reported at $553.0 million in Q1 2026.
- Quarterly Operating Expenses rose 2.98% year-over-year to $553.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.1 billion (up 2.27% YoY) and the FY2025 annual result came in at $2.3 billion, up 2.54% from the prior year.
- Operating Expenses climbed to $553.0 million in Q1 2026 per IQV's latest filing, from $492.0 million in the prior quarter.
- The five-year high for Operating Expenses was $596.0 million in Q4 2022, with the low at $449.0 million in Q4 2024.
- Average Operating Expenses over 5 years is $526.6 million, with a median of $532.0 million recorded in 2023.
- Year-over-year, Operating Expenses gained 9.76% in 2022 and dropped 21.64% in 2024.
- Iqvia Holdings' Operating Expenses stood at $596.0 million in 2022, then slipped by 3.86% to $573.0 million in 2023, then slipped by 21.64% to $449.0 million in 2024, then rose by 9.58% to $492.0 million in 2025, then advanced by 12.4% to $553.0 million in 2026.
- Business Quant data shows IQV's Operating Expenses at $553.0 million in Q1 2026, $492.0 million in Q4 2025, and $534.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 790.16 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 1.44 Bn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 553.00 Mn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 316.87 Mn |
| 10 | Quest Diagnostics | 23.76 Bn | 23.67 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 |