How does IQVIA (IQV) make money?

IQVIA (IQV) generates revenue primarily from Research And Development Solutions, which accounted for 56% of total revenue in TTM through Q2 2026. The company reported $17B in revenue and converted 8.1% of it into net profit, equivalent to roughly $1.38B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of IQVIA (IQV)?

IQVIA (IQV) reported a gross profit margin of 26.2% in TTM through Q2 2026, equivalent to $4.46B in gross profit on $17B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of IQVIA (IQV)?

IQVIA (IQV) reported an operating profit margin of 13.6% in TTM through Q2 2026, equivalent to $2.31B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of IQVIA (IQV)?

IQVIA (IQV) reported a net profit margin of 8.1% in TTM through Q2 2026, equivalent to $1.38B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is IQVIA (IQV) profitable?

Yes. IQVIA (IQV) reported $1.38B in net income for TTM through Q2 2026, with a net profit margin of 8.1%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does IQVIA (IQV) spend on capital expenditures?

IQVIA (IQV) spent $119M on capital expenditures (CapEx) during TTM through Q2 2026, roughly 0.7% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does IQVIA (IQV) generate?

IQVIA (IQV) generated $2.99B in free cash flow during TTM through Q2 2026, a free-cash-flow margin of 17.6%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of IQVIA (IQV)?

IQVIA (IQV) had an effective tax rate of 15.7% in TTM through Q2 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of IQVIA (IQV)?

IQVIA (IQV) reports revenue across 3 reportable product segments, led by Research And Development Solutions at 56% of total revenue in TTM through Q2 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does IQVIA (IQV) generate most of its revenue?

Americas is the largest geographic market for IQVIA (IQV), accounting for 47.4% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How IQVIA Makes Money: 2026 Visual Revenue Map

IQVIA (IQV) Income Statement Flow — TTM through Q2 2026

Calculated from the four most recent reported quarters, ending June 30, 2026 (reported July 28, 2026).

IQVIA (IQV) Revenue by Product Segment — TTM through Q2 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for IQVIA (IQV), TTM through Q2 2026.
Segment	Revenue (USD)	% of total
Research And Development Solutions	$9.52B	56%
Technology And Analytics Solutions	$6.98B	41.1%
Contract Sales And Medical Solutions	$491M	2.9%
Total	$17B	100%

Research And Development Solutions$9.52B
Technology And Analytics Solutions$6.98B
Contract Sales And Medical Solutions$491M
Total$17B

IQVIA (IQV) Revenue by Geography — TTM through Q2 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for IQVIA (IQV), TTM through Q2 2026
Region	Revenue (USD)	% of total
Americas	$9.96B	47.4%
EMEA	$6.73B	32%
Asia Pacific	$4.31B	20.5%
Total	$21B	100%

Americas
EMEA
Asia Pacific
Total

Revenue Breakdown — TTM through Q2 2026

In TTM through Q2 2026, IQVIA (IQV) reports revenue across 3 reportable product segments; the largest segment was Research And Development Solutions at 56%, followed by Technology And Analytics Solutions (41.1%) and Contract Sales And Medical Solutions (2.9%). Geographically, Americas accounted for 47.4% of revenue, followed by EMEA (32%) and Asia Pacific (20.5%).

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