IQVIA Holdings Inc. (IQV)
NYSE: IQV · Real-Time Price · USD
258.17
+0.87 (0.34%)
At close: Sep 11, 2026, 4:00 PM EDT
261.77
+3.60 (1.39%)
After-hours: Sep 11, 2026, 7:30 PM EDT
IQVIA Holdings Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Net Income | 256 | 274 | 514 | 331 | 266 | 249 | 437 | 285 | 363 | 288 | 469 | 303 | 297 | 289 | 227 | 283 | 256 | 325 | 318 | 261 |
Depreciation & Amortization | 292 | 288 | -187 | 286 | 276 | 265 | -169 | 278 | 269 | 264 | -159 | 297 | 259 | 253 | -62 | 248 | 270 | 255 | 51 | 336 |
Other Amortization | 6 | 6 | 510 | 6 | 6 | 5 | 477 | 5 | 6 | 5 | 480 | 5 | 4 | 4 | 423 | 4 | 3 | 4 | 214 | 4 |
Loss (Gain) From Sale of Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -10 | - | - | - | - | - |
Loss (Gain) From Sale of Investments | -6 | 18 | -24 | -4 | -17 | 1 | 7 | -17 | - | -12 | -15 | 5 | -6 | -4 | -8 | 6 | 18 | 11 | -7 | - |
Loss (Gain) on Equity Investments | -17 | -6 | -36 | - | 1 | 13 | -5 | -1 | -2 | 3 | 6 | -5 | -3 | 2 | - | 7 | 1 | 4 | -1 | - |
Stock-Based Compensation | 95 | 65 | 60 | 55 | 60 | 72 | 48 | 54 | 48 | 56 | 45 | 47 | 50 | 75 | 58 | 61 | 45 | 30 | 42 | 48 |
Other Operating Activities | -34 | -37 | -48 | -45 | -45 | -41 | -15 | -34 | -14 | -66 | -152 | -47 | -43 | -27 | -63 | -24 | -18 | -10 | -55 | -40 |
Change in Accounts Receivable | 46 | 193 | -382 | 173 | 141 | 128 | -77 | 72 | 122 | 65 | -147 | -107 | -27 | -107 | -333 | 55 | -197 | 54 | -801 | 182 |
Change in Accounts Payable | - | - | -96 | - | - | - | 115 | - | - | - | 267 | - | - | - | 427 | - | - | - | 244 | - |
Change in Unearned Revenue | - | - | 242 | - | - | - | 9 | - | - | - | -29 | - | - | - | 31 | - | - | - | 591 | - |
Change in Income Taxes | - | - | -299 | - | - | - | -155 | - | - | - | -164 | - | - | - | -128 | - | - | - | -2 | - |
Change in Other Net Operating Assets | -80 | -183 | 481 | 106 | -245 | -124 | 213 | 79 | -204 | -81 | 146 | 85 | -129 | -68 | -2 | 223 | -49 | -165 | 98 | 53 |
Operating Cash Flow | 558 | 618 | 735 | 908 | 443 | 568 | 885 | 721 | 588 | 522 | 747 | 583 | 402 | 417 | 560 | 863 | 329 | 508 | 692 | 844 |
Operating Cash Flow Growth (YoY) | 25.96% | 8.80% | -16.95% | 25.94% | -24.66% | 8.81% | 18.47% | 23.67% | 46.27% | 25.18% | 33.39% | -32.45% | 22.19% | -17.91% | -19.07% | 2.25% | -38.96% | -41.41% | -7.73% | 47.04% |
Investing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Capital Expenditures | -198 | -127 | -174 | -136 | -151 | -142 | -164 | -150 | -143 | -145 | -179 | -146 | -160 | -164 | -171 | -165 | -161 | -177 | -184 | -162 |
Sale of Property, Plant & Equipment | - | - | - | 75 | - | - | - | - | 25 | - | - | - | - | - | - | - | - | - | - | - |
Cash Acquisitions | -163 | -37 | -916 | -483 | -181 | -134 | -86 | -428 | -79 | -142 | -7 | -425 | -426 | -18 | -303 | -548 | -34 | -430 | -464 | -929 |
Investment in Securities | -21 | -34 | -16 | -2 | -14 | -30 | -64 | -19 | -24 | -27 | -27 | -3 | -6 | -47 | -7 | -5 | -4 | -9 | -3 | -5 |
Other Investing Activities | 1 | 2 | 2 | -4 | - | 1 | 4 | -2 | - | - | 1 | 1 | -4 | 7 | 4 | 1 | - | 3 | 4 | 1 |
Investing Cash Flow | -381 | -196 | -1,104 | -550 | -346 | -305 | -310 | -599 | -221 | -314 | -212 | -573 | -596 | -222 | -477 | -717 | -199 | -613 | -647 | -1,095 |
Financing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Long-Term Debt Issued | - | 1,200 | - | - | - | 2,260 | - | - | - | 275 | - | - | - | 475 | - | - | - | 950 | - | - |
Total Debt Issued | 1,458 | 1,200 | 4,480 | 500 | 2,600 | 2,260 | 1,000 | 310 | 100 | 275 | 3,125 | 450 | 2,334 | 475 | 850 | 350 | 1,450 | 950 | 400 | 610 |
Long-Term Debt Repaid | - | -1,033 | - | - | - | -2,096 | - | - | - | -318 | - | - | - | -139 | - | - | - | -324 | - | - |
Total Debt Repaid | -1,237 | -1,033 | -3,717 | -1,036 | -1,744 | -2,096 | -217 | -244 | -353 | -318 | -3,280 | -441 | -1,722 | -139 | -973 | -389 | -973 | -324 | -323 | -574 |
Net Debt Issued (Repaid) | 221 | 167 | 763 | -536 | 856 | 164 | 783 | 66 | -253 | -43 | -155 | 9 | 612 | 336 | -123 | -39 | 477 | 626 | 77 | 36 |
Repurchase of Common Stock | -398 | -552 | -212 | - | -657 | -375 | -1,150 | -200 | - | - | -229 | -144 | -490 | -129 | -65 | -210 | -490 | -403 | -204 | -95 |
Other Financing Activities | -37 | -48 | -16 | -36 | -54 | -47 | -8 | -3 | -7 | -63 | -36 | -9 | -27 | -120 | -5 | -2 | -16 | -79 | -11 | -7 |
Financing Cash Flow | -214 | -433 | 535 | -572 | 145 | -258 | -375 | -137 | -260 | -106 | -420 | -144 | 95 | 87 | -193 | -251 | -29 | 144 | -138 | -66 |
Net Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Foreign Exchange Rate Adjustments | -1 | -22 | - | -11 | 57 | 33 | -70 | 42 | -6 | -34 | 37 | -24 | -13 | -4 | 52 | -49 | -60 | -18 | -11 | -20 |
Net Cash Flow | -38 | -33 | 166 | -225 | 299 | 38 | 130 | 27 | 101 | 68 | 152 | -158 | -112 | 278 | -58 | -154 | 41 | 21 | -104 | -337 |
Free Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 360 | 491 | 561 | 772 | 292 | 426 | 721 | 571 | 445 | 377 | 568 | 437 | 242 | 253 | 389 | 698 | 168 | 331 | 508 | 682 |
Free Cash Flow Growth (YoY) | 23.29% | 15.26% | -22.19% | 35.20% | -34.38% | 13.00% | 26.94% | 30.66% | 83.88% | 49.01% | 46.02% | -37.39% | 44.05% | -23.57% | -23.43% | 2.35% | -57.36% | -53.90% | -11.50% | 63.55% |
Free Cash Flow Margin | 8.24% | 11.83% | 12.86% | 18.83% | 7.27% | 11.13% | 18.22% | 14.66% | 11.67% | 10.09% | 14.69% | 11.70% | 6.49% | 6.93% | 10.40% | 19.60% | 4.74% | 9.28% | 13.97% | 20.11% |
Free Cash Flow Per Share | 2.15 | 2.89 | 3.26 | 4.50 | 1.69 | 2.40 | 3.99 | 3.10 | 2.42 | 2.05 | 3.08 | 2.36 | 1.30 | 1.34 | 2.06 | 3.69 | 0.88 | 1.71 | 2.61 | 3.49 |
Levered Free Cash Flow | 357.5 | 555.13 | 461.13 | 626 | 519.5 | 495 | 700.13 | 623 | 237.63 | 280.88 | 754.88 | 271.25 | 272.38 | 57.88 | 476.63 | 469 | 109.88 | 320 | 423.88 | 591.5 |
Unlevered Free Cash Flow | 474.63 | 669.13 | 575.75 | 738.13 | 627.25 | 593.13 | 802 | 724.25 | 333.5 | 379.63 | 863 | 379.38 | 374 | 142 | 552.63 | 532.5 | 165.63 | 369.75 | 477.13 | 645 |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Cash Interest Paid | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 343 | - |
Cash Income Tax Paid | - | - | 395 | - | - | - | - | - | - | - | 340 | - | - | - | 255 | - | - | - | 222 | - |
Change in Working Capital | -34 | 10 | -54 | 279 | -104 | 4 | 105 | 151 | -82 | -16 | 73 | -22 | -156 | -175 | -5 | 278 | -246 | -111 | 130 | 235 |