Iqvia Holdings (IQV) Tax Rate (2012 - 2026)
Iqvia Holdings (IQV) posted Tax Rate of 19.93% for Q2 2026, up 10.82% sequentially from 17.99% in Q1 2026, and up 260.0% YoY from 5.54% in Q2 2025.
Iqvia Holdings (IQV) Tax Rate (2012 - 2026) Analysis & Trends
Iqvia Holdings has reported Tax Rate for 15 years, with the latest figure at 19.93% in Q2 2026.
- Quarterly Tax Rate rose 260.0% year-over-year to 19.93% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 16.14% (down 297.0% YoY) and the FY2025 annual result came in at 15.84%, down 220.0% from the prior year.
- Tax Rate grew to 19.93% in Q2 2026 per IQV's latest filing, from 17.99% in the prior quarter.
- Over five years, Tax Rate peaked at 21.65% in Q2 2022 and troughed at 27.35% in Q4 2023.
- A 5-year average of 15.52% and a median of 18.31% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate sank 4480 bps in 2023, then surged 4793 bps in 2024.
- Over 5 years, Tax Rate stood at 17.45% in 2022, then tumbled by 257 bps to 27.35% in 2023, then jumped by 175 bps to 20.59% in 2024, then slumped by 47 bps to 10.99% in 2025, then jumped by 81 bps to 19.93% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 19.93%, 17.99%, and 10.99% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.86 Bn | 209.80 Bn | 8.34 Bn | 8.68% |
| 2 | Danaher | 140.41 Bn | 136.07 Bn | 3.61 Bn | 19.29% |
| 3 | Idexx Laboratories | 46.33 Bn | 46.13 Bn | 779.09 Mn | 18.89% |
| 4 | Agilent Technologies | 39.71 Bn | 37.90 Bn | 990.00 Mn | 16.91% |
| 5 | Iqvia Holdings | 39.35 Bn | 37.27 Bn | 1.44 Bn | 19.93% |
| 6 | Natera | 38.97 Bn | 37.87 Bn | 696.04 Mn | -0.35% |
| 7 | Illumina | 30.09 Bn | 28.92 Bn | 770.00 Mn | 20.38% |
| 8 | Mettler Toledo International | 28.70 Bn | 28.65 Bn | 650.22 Mn | 19.52% |
| 9 | Quest Diagnostics | 26.19 Bn | 25.56 Bn | 1.03 Bn | 21.36% |
| 10 | Labcorp Holdings | 25.89 Bn | 24.91 Bn | 1.01 Bn | 13.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.93% |
| Jun 30, 2026 | 19.93% |
| Jun 30, 2026 | 19.93% |
| Mar 31, 2026 | 17.99% |
| Mar 31, 2026 | 17.99% |
| Mar 31, 2026 | 17.99% |
| Dec 31, 2025 | 10.99% |
| Dec 31, 2025 | 10.99% |
| Dec 31, 2025 | 10.99% |
| Sep 30, 2025 | 18.63% |
| Sep 30, 2025 | 18.63% |
| Sep 30, 2025 | 18.63% |
| Jun 30, 2025 | 17.34% |
| Jun 30, 2025 | 17.34% |
| Jun 30, 2025 | 17.34% |
| Mar 31, 2025 | 18.89% |
| Mar 31, 2025 | 18.89% |
| Mar 31, 2025 | 18.89% |
| Dec 31, 2024 | 20.59% |
| Dec 31, 2024 | 20.59% |