IQVIA

IQV · Health Care · Market cap $39.0B

Q1 FY26 Jan 1 – Mar 31, 2026 reported May 5, 2026

Revenue$4.15B +8% year over year

Gross profit$1.36B

Operating profit$0.51B

Net profit$0.27B 7% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	4.15	100%	+8%
Research and Development	2.40	58%	+6%
Commercial Solutions	1.75	42%	+12%
Cost of revenue	−2.80	67%
Gross profit	1.36	33% margin	−1pp
SG&A	−0.50	12%	−1pp
Other	−0.34	8%	+0pp
Operating profit	0.51	12% margin	−1pp
Tax	−0.06
Interest & other costs	−0.18
Net profit	0.27	7%	+0pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	4.10	100%	+5%
Research and Development	2.26	55%	+5%
Technology and Analytics	1.63	40%	+5%
Contract Sales and Medical	0.21	5%	+16%
Cost of revenue	−2.73	67%
Gross profit	1.37	33% margin	+10pp
SG&A	−0.51	13%	−1pp
Other	−0.31	7%	+0pp
Operating profit	0.55	13% margin	−1pp
Tax	−0.08
Interest & other costs	−0.15
Net profit	0.33	8%	+1pp

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	4.02	100%	+5%
Research and Development	2.20	55%	+3%
Technology and Analytics	1.63	41%	+9%
Contract Sales and Medical	0.19	5%	+9%
Cost of revenue	−2.69	67%
Gross profit	1.32	33% margin	+10pp
SG&A	−0.51	13%	−1pp
Other	−0.31	8%	+0pp
Operating profit	0.51	13% margin	−1pp
Tax	−0.06
Interest & other costs	−0.18
Net profit	0.27	7%	−3pp

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	3.83	100%	+2%
Research and Development	2.10	55%	+0%
Technology and Analytics	1.55	40%	+6%
Contract Sales and Medical	0.18	5%	−4%
Cost of revenue	−2.53	66%
Gross profit	1.30	34% margin	+12pp
SG&A	−0.51	13%	+0pp
Other	−0.29	8%	+0pp
Operating profit	0.50	13% margin	−1pp
Tax	−0.06
Interest & other costs	−0.19
Net profit	0.25	7%	−1pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26	Jan 1 – Mar 31, 2026	May 5, 2026	$4.2B	+8%	12%	$0.27B	7%
Q3 FY25	Jul 1 – Sep 30, 2025	Oct 28, 2025	$4.1B	+5%	13%	$0.33B	8%
Q2 FY25	Apr 1 – Jun 30, 2025	Jul 22, 2025	$4.0B	+5%	13%	$0.27B	7%
Q1 FY25	Jan 1 – Mar 31, 2025	May 6, 2025	$3.8B	+2%	13%	$0.25B	7%