IQV IQVIA Holdings margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 67

Gross margin

33%

Operating margin

13%

EBITDA margin

21.1%

Net margin

8.1%

Using the latest TTM figures, IQVIA Holdings shows a gross margin of 33%, an operating margin of 13%, an EBITDA margin of 21.1%, and a net margin of 8.1%. Net margin headed the available margin improvements with a 0.2 percentage-point increase, while gross margin dropped by 1.2 percentage points.

IQV margin history

Gross, operating, EBITDA and net margin trends

Looking back over the last 3 years, IQVIA Holdings recorded average margins of 34.34% gross, 13.46% operating, 21.61% EBITDA, and 8.53% net. The current gross, operating, EBITDA, and net margins are all below their three-year averages.

IQV margin expansion

Year-over-year margin changes in percentage points

Compared with the same period last year, net margin expanded by 0.2 percentage points, while gross margin contracted by 1.2 percentage points, operating margin by 0.9 percentage points, and EBITDA margin by 0.2 percentage points.

Gross margin expansion

-1.2pp

Operating margin expansion

-0.9pp

EBITDA margin expansion

-0.2pp

Net margin expansion

0.2pp

IQV Gross margin

The average gross margin for IQVIA Holdings was 34.34% over the last 3 years. As of the latest period, the current gross margin for IQVIA Holdings is 33%, 1.3 percentage points below its three-year average. The gross margin for IQVIA Holdings moved between 33% in Mar 2026 and 35.2% in Sep 2024.

IQV Operating margin

The average operating margin for IQVIA Holdings was 13.46% over the last 3 years. Currently, the current operating margin for IQVIA Holdings is 13%, 0.5 percentage points below its three-year average. The operating margin for IQVIA Holdings moved between 12.5% in Sep 2023 and 14.3% in Dec 2024.

IQV EBITDA margin

Over the last 3 years, IQVIA Holdings's EBITDA margin averaged 21.61%. Currently, IQVIA Holdings's current EBITDA margin is 21.1%, which is 0.5 percentage points below its three-year average. During this period, EBITDA margin reached a high of 22.4% in Dec 2024 and a low of 21.1% in Jun 2026.

IQV Net margin

The average net margin for IQVIA Holdings was 8.53% during the last 3 years. Against its three-year average, IQVIA Holdings's net margin is currently 8.1%, 0.4 percentage points below its three-year average. The net margin for IQVIA Holdings moved between 7.5% in Sep 2023 and 9.4% in Jun 2024.

IQV margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 33%, IQV stands below the Healthcare sector and the industry average. In comparison with its Healthcare sector average of 68.5%, IQVIA Holdings's gross margin is 52% lower.

Frequently asked questions

What is IQVIA Holdings's gross margin?

The current gross margin for IQV is 33% as of Jun 30, 2026.

What is IQVIA Holdings's operating margin?

The current operating margin for IQV is 13% as of Jun 30, 2026.

What is IQVIA Holdings's EBITDA margin?

The current EBITDA margin for IQV is 21.1% as of Jun 30, 2026.

What is IQVIA Holdings's net margin?

For the period ending Jun 30, 2026, IQV recorded a net margin of 8.1%.

What are the average margins of IQV?

Over the past 3 years, IQV reported average margins of 34.3% gross, 13.5% operating, 21.6% EBITDA, and 8.5% net.

What are the highest historical margins of IQV?

Across the 5-year period, IQV posted its highest margins at 35.2% gross in Sep 2024, 14.3% operating in Dec 2024, 22.4% EBITDA in Dec 2024, and 9.4% net in Jun 2024.

What are the lowest historical margins of IQV?

In the last 5 years, the lowest margins reported by IQV were 33% gross in Mar 2026, 9% operating in Sep 2021, 19.7% EBITDA in Sep 2021, and 5.7% net in Sep 2021.