IQVIA Holdings Inc. (IQV)
NYSE: IQV · Real-Time Price · USD
258.35
-2.84 (-1.09%)
Sep 1, 2026, 4:00 PM EDT - Market closed
IQVIA Holdings Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 1,375 | 1,360 | 1,373 | 1,358 | 1,091 | 966 |
Depreciation & Amortization | 679 | 640 | 642 | 650 | 711 | 1,053 |
Other Amortization | 528 | 527 | 493 | 493 | 434 | 228 |
Loss (Gain) From Sale of Assets | - | - | - | - | -10 | - |
Loss (Gain) From Sale of Investments | -16 | -44 | -22 | -20 | 27 | -16 |
Loss (Gain) on Equity Investments | -59 | -22 | -5 | - | 12 | -6 |
Stock-Based Compensation | 275 | 247 | 206 | 217 | 194 | 170 |
Other Operating Activities | -164 | -179 | -129 | -269 | -115 | -133 |
Change in Accounts Receivable | 30 | 60 | 182 | -388 | -421 | -138 |
Change in Accounts Payable | -96 | -96 | 115 | 267 | 427 | 244 |
Change in Unearned Revenue | 242 | 242 | 9 | -29 | 31 | 591 |
Change in Income Taxes | -299 | -299 | -155 | -164 | -128 | -2 |
Change in Other Net Operating Assets | 324 | 218 | 7 | 34 | 7 | -15 |
Operating Cash Flow | 2,819 | 2,654 | 2,716 | 2,149 | 2,260 | 2,942 |
Operating Cash Flow Growth | 7.72% | -2.28% | 26.38% | -4.91% | -23.18% | 50.18% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -635 | -603 | -602 | -649 | -674 | -640 |
Sale of Property, Plant & Equipment | 75 | 75 | 25 | - | - | - |
Cash Acquisitions | -1,599 | -1,714 | -735 | -876 | -1,315 | -1,458 |
Investment in Securities | -73 | -62 | -134 | -83 | -25 | -10 |
Other Investing Activities | 1 | -1 | 2 | 5 | 8 | 5 |
Investing Cash Flow | -2,231 | -2,305 | -1,444 | -1,603 | -2,006 | -2,103 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 9,840 | 1,685 | 6,384 | 3,600 | 2,761 |
Long-Term Debt Repaid | - | -8,593 | -1,132 | -5,582 | -2,659 | -2,691 |
Net Debt Issued (Repaid) | 615 | 1,247 | 553 | 802 | 941 | 70 |
Repurchase of Common Stock | -1,162 | -1,244 | -1,350 | -992 | -1,168 | -406 |
Other Financing Activities | -137 | -153 | -81 | -192 | -102 | -899 |
Financing Cash Flow | -684 | -150 | -878 | -382 | -329 | -1,235 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -34 | 79 | -68 | -4 | -75 | -52 |
Net Cash Flow | -130 | 278 | 326 | 160 | -150 | -448 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2,184 | 2,051 | 2,114 | 1,500 | 1,586 | 2,302 |
Free Cash Flow Growth | 8.66% | -2.98% | 40.93% | -5.42% | -31.10% | 71.41% |
Free Cash Flow Margin | 12.86% | 12.57% | 13.72% | 10.01% | 11.01% | 16.59% |
Free Cash Flow Per Share | 12.84 | 11.82 | 11.53 | 8.05 | 8.32 | 11.80 |
Levered Free Cash Flow | 2,150 | 2,217 | 1,944 | 1,453 | 1,482 | 2,099 |
Unlevered Free Cash Flow | 2,608 | 2,649 | 2,341 | 1,855 | 1,727 | 2,317 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Income Tax Paid | 395 | 395 | - | - | 255 | 222 |
Change in Working Capital | 201 | 125 | 158 | -280 | -84 | 680 |