Iqvia Holdings (IQV) Tax Rate (2012 - 2026)
Iqvia Holdings (IQV) recorded Tax Rate of 19.93% in Q2 2026, up 2.60 percentage points from 17.34% a year earlier and up 1.95 percentage points from the prior quarter.
Iqvia Holdings (IQV) Tax Rate (2012 - 2026) Analysis & Trends
On a TTM basis, Iqvia Holdings' Tax Rate came in at 16.14% as of Jun 30, 2026, down 2.97 percentage points year-over-year; for FY2025, it came in at 15.84%, down 2.20 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -3.46 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 18.03% in FY2024 (+11.11 pp), 6.92% in FY2023 (-12.15 pp), 19.08% in FY2022 (+4.63 pp) and 14.45% in FY2021 (-4.85 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q4 2024.
- On a year-over-year basis, Tax Rate rose in five of the last eight quarters, with an average year-over-year change of +6.08 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 47.93 percentage points in Q4 2024, against a drop of 44.80 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 17.99% (Q1 2026), 10.99% (Q4 2025) and 18.63% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 43.59 Bn | 35.29 Bn | 1.44 Bn | 19.93% |
| 2 | Medpace Holdings | 17.33 Bn | 15.40 Bn | 201.64 Mn | 19.98% |
| 3 | Charles River Laboratories International | 14.59 Bn | 13.78 Bn | 363.37 Mn | 101.43% |
| 4 | Icon | 13.22 Bn | 10.33 Bn | 479.29 Mn | 21.28% |
| 5 | Fortrea Holdings | 2.04 Bn | 1.42 Bn | 139.20 Mn | - |
| 6 | Ginkgo Bioworks Holdings | 730.23 Mn | -31.85 Mn | 18.44 Mn | - |
| 7 | Evotec SE | 502.55 Mn | -1.11 Bn | - | - |
| 8 | Champions Oncology | 67.61 Mn | 42.70 Mn | 7.70 Mn | - |
| 9 | MindWalk Holdings | 65.40 Mn | 29.05 Mn | 1.61 Mn | - |
| 10 | Natural Alternatives International | 6.57 Mn | -21.51 Mn | 1.73 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.93% |
| Mar 31, 2026 | 17.99% |
| Dec 31, 2025 | 10.99% |
| Sep 30, 2025 | 18.63% |
| Jun 30, 2025 | 17.34% |
| Mar 31, 2025 | 18.89% |
| Dec 31, 2024 | 20.59% |
| Sep 30, 2024 | 18.62% |
| Jun 30, 2024 | 17.20% |
| Mar 31, 2024 | 14.41% |
| Sep 30, 2023 | 14.61% |
| Jun 30, 2023 | 21.60% |
| Mar 31, 2023 | 19.61% |
| Dec 31, 2022 | 17.45% |
| Sep 30, 2022 | 19.44% |
| Jun 30, 2022 | 21.65% |
| Mar 31, 2022 | 17.75% |
| Dec 31, 2021 | 15.69% |
| Sep 30, 2021 | 4.40% |
| Jun 30, 2021 | 21.62% |
Iqvia Holdings Tax Rate 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=tax-rate&ticker=IQV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=IQV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();