Iqvia Holdings (IQV) Operating Margin (2012 - 2026)
Iqvia Holdings (IQV) posted Operating Margin of 11.58% for Q2 2026, down 6.45% sequentially from 12.38% in Q1 2026, and down 101.0% YoY from 1158.42% in Q2 2025.
Iqvia Holdings (IQV) Operating Margin (2012 - 2026) Analysis & Trends
Iqvia Holdings has reported Operating Margin for 15 years, with the latest figure at 11.58% in Q2 2026.
- Quarterly Operating Margin fell 101.0% year-over-year to 11.58% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 12.95% (down 92.0% YoY) and the FY2025 annual result came in at 13.38%, down 92.0% from the prior year.
- Operating Margin slipped to 11.58% in Q2 2026 per IQV's latest filing, from 12.38% in the prior quarter.
- Over five years, Operating Margin peaked at 15.82% in Q4 2024 and troughed at 10.14% in Q4 2022.
- A 5-year average of 13.18% and a median of 13.1% in 2022 frame the typical range for Operating Margin.
- The widest YoY moves for Operating Margin: up 447 bps in 2022, down 260 bps in 2022.
- Over 5 years, Operating Margin stood at 10.14% in 2022, then advanced by 28 bps to 12.95% in 2023, then grew by 22 bps to 15.82% in 2024, then decreased by 9 bps to 14.37% in 2025, then decreased by 19 bps to 11.58% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 11.58%, 12.38%, and 14.37% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.88 Bn | 209.81 Bn | 8.34 Bn | 17.40% |
| 2 | Danaher | 140.65 Bn | 136.30 Bn | 3.61 Bn | 17.99% |
| 3 | Idexx Laboratories | 46.02 Bn | 45.83 Bn | 779.09 Mn | 34.98% |
| 4 | Agilent Technologies | 39.85 Bn | 38.05 Bn | 990.00 Mn | 21.74% |
| 5 | Iqvia Holdings | 39.20 Bn | 37.12 Bn | 1.44 Bn | 11.58% |
| 6 | Natera | 38.80 Bn | 37.70 Bn | 696.04 Mn | -13.42% |
| 7 | Illumina | 30.11 Bn | 28.94 Bn | 770.00 Mn | 21.14% |
| 8 | Mettler Toledo International | 28.66 Bn | 28.61 Bn | 650.22 Mn | 31.97% |
| 9 | Quest Diagnostics | 26.24 Bn | 25.61 Bn | 1.03 Bn | 15.08% |
| 10 | Labcorp Holdings | 25.87 Bn | 24.89 Bn | 1.01 Bn | 10.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.58% |
| Mar 31, 2026 | 12.38% |
| Dec 31, 2025 | 14.37% |
| Sep 30, 2025 | 13.49% |
| Jun 30, 2025 | 12.60% |
| Mar 31, 2025 | 12.95% |
| Dec 31, 2024 | 15.82% |
| Sep 30, 2024 | 14.12% |
| Jun 30, 2024 | 13.63% |
| Mar 31, 2024 | 13.54% |
| Dec 31, 2023 | 12.95% |
| Sep 30, 2023 | 12.87% |
| Jun 30, 2023 | 14.06% |
| Mar 31, 2023 | 12.90% |
| Dec 31, 2022 | 10.14% |
| Sep 30, 2022 | 13.25% |
| Jun 30, 2022 | 12.79% |
| Mar 31, 2022 | 13.87% |
| Dec 31, 2021 | 12.73% |
| Sep 30, 2021 | 8.91% |