Iqvia Holdings (IQV) Operating Margin (2012 - 2026)

Iqvia Holdings' (IQV) quarterly Operating Margin came in at 12.38% in Q1 2026, down 57.0% year-on-year from 28.8% in Q1 2025, and down 13.82% quarter-over-quarter from 14.37% in Q4 2025.

Iqvia Holdings (IQV) Operating Margin (2012 - 2026) Analysis & Trends

Iqvia Holdings has disclosed Operating Margin across 15 years of filings, most recently posting 12.38% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 12.38%, down 57.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.23% (down 92.0% YoY), and the FY2025 annual result was 13.38%, down 92.0% from the prior year.
  • Operating Margin came in at 12.38% for Q1 2026 at Iqvia Holdings, down from 14.37% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 15.82% in Q4 2024 to a low of 10.14% in Q4 2022.
  • The 5-year median for Operating Margin is 13.25% (2022), against an average of 13.28%.
  • Peak annual rise in Operating Margin reached 447 bps in 2022, while the deepest fall reached 260 bps in 2022.
  • Iqvia Holdings' Operating Margin stood at 10.14% in 2022, then rose by 28 bps to 12.95% in 2023, then advanced by 22 bps to 15.82% in 2024, then fell by 9 bps to 14.37% in 2025, then decreased by 14 bps to 12.38% in 2026.
  • The last three Operating Margin figures came in at 12.38% (Q1 2026), 14.37% (Q4 2025), and 13.49% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn -3.71%
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 16.93%
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 22.58%
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 31.78%
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 21.74%
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn -13.42%
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 12.38%
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 19.16%
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 25.23%
10 Quest Diagnostics 22.51 Bn 22.42 Bn 942.00 Mn 13.78%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 8.32%