Iqvia Holdings (IQV) Tax Rate (2012 - 2026)
Iqvia Holdings (IQV) posted Tax Rate of 17.99% for Q1 2026, up 63.72% sequentially from 10.99% in Q4 2025, and down 90.0% YoY from 179.88% in Q1 2025.
Iqvia Holdings (IQV) Tax Rate (2012 - 2026) Analysis & Trends
Iqvia Holdings (IQV) has 15 years of Tax Rate data on file, last reported at 17.99% in Q1 2026.
- Quarterly Tax Rate fell 90.0% year-over-year to 17.99% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.66% (down 328.0% YoY) and the FY2025 annual result came in at 15.84%, down 220.0% from the prior year.
- Tax Rate rose to 17.99% in Q1 2026 per IQV's latest filing, from 10.99% in the prior quarter.
- The five-year high for Tax Rate was 21.65% in Q2 2022, with the low at 27.35% in Q4 2023.
- Average Tax Rate over 5 years is 15.26%, with a median of 17.99% recorded in 2026.
- Year-over-year, Tax Rate tumbled 4480 bps in 2023 and jumped 4793 bps in 2024.
- Iqvia Holdings' Tax Rate stood at 17.45% in 2022, then plunged by 257 bps to 27.35% in 2023, then surged by 175 bps to 20.59% in 2024, then tumbled by 47 bps to 10.99% in 2025, then surged by 64 bps to 17.99% in 2026.
- Business Quant data shows IQV's Tax Rate at 17.99% in Q1 2026, 10.99% in Q4 2025, and 18.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 18.18% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 4.04% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 16.68% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 21.66% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | -0.35% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 16.91% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 17.99% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 14.65% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 19.17% |
| 10 | Quest Diagnostics | 23.76 Bn | 23.67 Bn | 942.00 Mn | 22.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.99% |
| Mar 31, 2026 | 17.99% |
| Dec 31, 2025 | 10.99% |
| Dec 31, 2025 | 10.99% |
| Sep 30, 2025 | 18.63% |
| Sep 30, 2025 | 18.63% |
| Jun 30, 2025 | 17.34% |
| Jun 30, 2025 | 17.34% |
| Mar 31, 2025 | 18.89% |
| Mar 31, 2025 | 18.89% |
| Dec 31, 2024 | 20.59% |
| Dec 31, 2024 | 20.59% |
| Sep 30, 2024 | 18.62% |
| Sep 30, 2024 | 18.62% |
| Jun 30, 2024 | 17.20% |
| Jun 30, 2024 | 17.20% |
| Mar 31, 2024 | 14.41% |
| Mar 31, 2024 | 14.41% |
| Dec 31, 2023 | -27.35% |
| Dec 31, 2023 | -27.35% |