Iqvia Holdings (IQV) Operating Margin (2012 - 2026)
Iqvia Holdings' Operating Margin was 12.92% in Q3 2026, down 0.57 percentage points from 13.49% a year earlier but up 1.33 percentage points from the prior quarter.
Powered by 
Analysis
Iqvia Holdings (IQV) Operating Margin (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Iqvia Holdings' Operating Margin was 12.82% through Sep 30, 2026, down 0.90 percentage points year-over-year; for FY2025, it came in at 13.38%, down 0.92 percentage points from FY2024.
- Operating Margin shows a five-year change of +6.94 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 14.29% in FY2024 (+1.10 pp), 13.19% in FY2023 (+0.71 pp), 12.48% in FY2022 (+2.44 pp) and 10.04% in FY2021 (+3.60 pp).
- Quarterly Operating Margin has moved between 10.14% (Q4 2022) and 15.82% (Q4 2024) over five years.
- Compared with a year earlier, Operating Margin has declined for seven straight quarters, with an average year-over-year change of -0.37 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q2 2022 (a gain of 4.47 percentage points); the worst was Q4 2022 (a drop of 2.60 percentage points).
- Per Business Quant data, IQV's Operating Margin in the three quarters before Q3 2026 was 11.58% (Q2 2026), 12.38% (Q1 2026) and 14.37% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 42.58 Bn | 33.96 Bn | 1.50 Bn | 12.92% |
| 2 | Medpace Holdings | 18.13 Bn | 15.77 Bn | 223.89 Mn | 23.12% |
| 3 | Charles River Laboratories International | 16.15 Bn | 15.39 Bn | 363.37 Mn | 11.94% |
| 4 | Icon | 15.71 Bn | 12.48 Bn | 491.83 Mn | 9.82% |
| 5 | Fortrea Holdings | 1.93 Bn | 1.22 Bn | 139.50 Mn | 2.17% |
| 6 | Ginkgo Bioworks Holdings | 627.55 Mn | -134.53 Mn | 18.44 Mn | -290.47% |
| 7 | Evotec SE | 540.45 Mn | -1.07 Bn | - | - |
| 8 | Champions Oncology | 68.48 Mn | 44.13 Mn | 7.70 Mn | -2.69% |
| 9 | MindWalk Holdings | 51.38 Mn | 15.04 Mn | 1.61 Mn | -159.86% |
| 10 | Natural Alternatives International | 6.45 Mn | -21.63 Mn | 1.73 Mn | -38.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.92% |
| 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% |
API Access
Iqvia Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=IQV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "IQV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=IQV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();