IQVIA Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	1,387	1,361	1,373	1,358	1,091	971
Depreciation & Amortization	1,167	1,144	1,114	1,125	1,130	1,264
Stock-Based Compensation	240	247	206	217	194	170
Other Adjustments	-221	-223	-135	-271	-71	-143
Change in Receivables	507	60	182	-388	-421	-138
Changes in Accounts Payable	-	-96	115	267	427	244
Changes in Income Taxes Payable	-	-299	-155	-164	-128	-2
Changes in Unearned Revenue	-	242	9	-29	31	591
Changes in Other Operating Activities	-322	218	7	34	7	-15
Operating Cash Flow	2,704	2,654	2,716	2,149	2,260	2,942
Operating Cash Flow Growth	-2.10%	-2.28%	26.38%	-4.91%	-23.18%	50.18%
Capital Expenditures	-588	-603	-602	-649	-674	-640
Sale of Property, Plant & Equipment	75	75	25	-	-	-
Purchases of Investments	-67	-64	-134	-77	-25	-15
Proceeds from Sale of Investments	2	-	-	-	-	5
Payments for Business Acquisitions	-1,617	-1,714	-735	-876	-1,315	-1,458
Other Investing Activities	-	1	2	-1	8	5
Investing Cash Flow	-2,196	-2,305	-1,444	-1,603	-2,006	-2,103
Short-Term Debt Issued	3,650	3,375	1,685	2,384	2,350	810
Short-Term Debt Repaid	-3,750	-3,400	-960	-2,709	-2,025	-600
Net Short-Term Debt Issued (Repaid)	-100	-25	725	-325	325	210
Long-Term Debt Issued	5,130	6,465	-	4,000	1,250	1,951
Long-Term Debt Repaid	-3,780	-5,193	-172	-2,873	-634	-2,091
Net Long-Term Debt Issued (Repaid)	1,350	1,272	-172	1,127	616	-140
Repurchase of Common Stock	-1,493	-1,311	-1,414	-1,053	-1,239	-465
Net Common Stock Issued (Repurchased)	-1,493	-1,311	-1,414	-1,053	-1,239	-465
Other Financing Activities	-76.5	-86	-17	-131	-31	-840
Financing Cash Flow	-325	-150	-878	-382	-329	-1,235
Effect of Exchange Rate Changes on Cash and Cash Equivalents	24	79	-68	-4	-75	-52
Net Cash Flow	207	278	326	160	-150	-448
Free Cash Flow	2,116	2,051	2,114	1,500	1,586	2,302
Free Cash Flow Growth	3.17%	-2.98%	40.93%	-5.42%	-31.10%	71.41%
FCF Margin	12.72%	12.58%	13.72%	10.01%	11.01%	16.59%
Free Cash Flow Per Share	12.33	11.82	11.53	8.05	8.32	11.81
Levered Free Cash Flow	2,626	3,213	2,414	2,744	2,825	2,478
Unlevered Free Cash Flow	2,112	2,442	2,293	2,424	2,249	2,634

SEC Filings: 10-K · 10-Q