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
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