IQVIA Holdings Inc. (IQV)
NYSE: IQV · Real-Time Price · USD
267.33
-7.73 (-2.81%)
At close: Oct 30, 2026, 4:00 PM EDT
267.50
+0.17 (0.06%)
After-hours: Oct 30, 2026, 7:42 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 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Net Income | 1,394 | 1,375 | 1,385 | 1,360 | 1,283 | 1,237 | 1,334 | 1,373 | 1,405 | 1,423 | 1,357 | 1,358 | 1,116 | 1,096 | 1,055 | 1,091 | 1,182 | 1,160 | 1,079 | 966 |
Depreciation & Amortization | 714 | 679 | 663 | 640 | 658 | 650 | 643 | 642 | 652 | 671 | 661 | 650 | 747 | 698 | 709 | 711 | 824 | 912 | 985 | 1,053 |
Other Amortization | 527 | 528 | 528 | 527 | 494 | 493 | 493 | 493 | 496 | 496 | 494 | 493 | 436 | 435 | 434 | 434 | 225 | 225 | 227 | 228 |
Loss (Gain) From Sale of Assets | - | - | - | - | - | - | - | - | - | - | - | - | -10 | -10 | -10 | -10 | - | - | - | - |
Loss (Gain) From Sale of Investments | -17 | -16 | -27 | -44 | -13 | -26 | -9 | -22 | -44 | -22 | -28 | -20 | -13 | -12 | 12 | 27 | 28 | 22 | -8 | -16 |
Loss (Gain) on Equity Investments | -101 | -59 | -41 | -22 | 9 | 8 | 5 | -5 | 6 | 2 | 1 | - | -6 | 6 | 10 | 12 | 11 | 4 | 2 | -6 |
Stock-Based Compensation | 303 | 275 | 240 | 247 | 235 | 234 | 222 | 206 | 203 | 196 | 198 | 217 | 230 | 244 | 239 | 194 | 178 | 165 | 168 | 170 |
Other Operating Activities | -140 | -164 | -175 | -179 | -146 | -135 | -104 | -129 | -266 | -279 | -308 | -269 | -180 | -157 | -132 | -115 | -107 | -123 | -109 | -133 |
Change in Accounts Receivable | -41 | 30 | 125 | 60 | 365 | 264 | 245 | 182 | 112 | -67 | -216 | -388 | -574 | -412 | -582 | -421 | -889 | -762 | -426 | -138 |
Change in Accounts Payable | -96 | -96 | -96 | -96 | 115 | 115 | 115 | 115 | 267 | 267 | 267 | 267 | 427 | 427 | 427 | 427 | 244 | 244 | 244 | 244 |
Change in Unearned Revenue | 242 | 242 | 242 | 242 | 9 | 9 | 9 | 9 | -29 | -29 | -29 | -29 | 31 | 31 | 31 | 31 | 591 | 591 | 591 | 591 |
Change in Income Taxes | -299 | -299 | -299 | -299 | -155 | -155 | -155 | -155 | -164 | -164 | -164 | -164 | -128 | -128 | -128 | -128 | -2 | -2 | -2 | -2 |
Change in Other Net Operating Assets | 250 | 324 | 159 | 218 | -50 | -77 | -36 | 7 | -60 | -54 | 21 | 34 | -114 | 24 | 104 | 7 | 107 | -63 | -168 | -15 |
Operating Cash Flow | 2,736 | 2,819 | 2,704 | 2,654 | 2,804 | 2,617 | 2,762 | 2,716 | 2,578 | 2,440 | 2,254 | 2,149 | 1,962 | 2,242 | 2,169 | 2,260 | 2,392 | 2,373 | 2,583 | 2,942 |
Operating Cash Flow Growth (YoY) | -2.43% | 7.72% | -2.10% | -2.28% | 8.77% | 7.25% | 22.54% | 26.38% | 31.40% | 8.83% | 3.92% | -4.91% | -17.98% | -5.52% | -16.03% | -23.18% | -20.27% | -13.08% | -3.00% | 50.18% |
Investing Activities
Fiscal Quarter | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -657 | -635 | -588 | -603 | -593 | -607 | -599 | -602 | -617 | -613 | -630 | -649 | -641 | -660 | -661 | -674 | -687 | -684 | -668 | -640 |
Sale of Property, Plant & Equipment | - | 75 | 75 | 75 | 75 | - | 25 | 25 | 25 | 25 | - | - | - | - | - | - | - | - | - | - |
Cash Acquisitions | -1,505 | -1,599 | -1,617 | -1,714 | -884 | -829 | -727 | -735 | -656 | -653 | -1,000 | -876 | -1,172 | -1,295 | -903 | -1,315 | -1,476 | -1,857 | -1,869 | -1,458 |
Investment in Securities | -80 | -73 | -66 | -62 | -110 | -127 | -137 | -134 | -97 | -81 | -63 | -83 | -63 | -65 | -63 | -25 | -21 | -21 | -10 | -10 |
Other Investing Activities | 2 | 1 | - | -1 | 1 | 3 | 3 | 2 | -1 | 2 | -2 | 5 | 8 | 8 | 12 | 8 | 8 | 8 | 7 | 5 |
Investing Cash Flow | -2,240 | -2,231 | -2,196 | -2,305 | -1,511 | -1,560 | -1,435 | -1,444 | -1,346 | -1,320 | -1,695 | -1,603 | -1,868 | -2,012 | -1,615 | -2,006 | -2,176 | -2,554 | -2,540 | -2,103 |
Financing Activities
Fiscal Quarter | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Long-Term Debt Issued | - | - | - | 9,840 | - | - | - | 1,685 | - | - | - | 6,384 | - | - | - | 3,600 | - | - | - | 2,761 |
Total Debt Issued | 9,588 | 7,638 | 8,780 | 9,840 | 6,360 | 6,170 | 3,670 | 1,685 | 3,810 | 3,950 | 6,184 | 6,384 | 4,109 | 4,009 | 3,125 | 3,600 | 3,150 | 3,410 | 1,960 | 2,761 |
Long-Term Debt Repaid | - | - | - | -8,593 | - | - | - | -1,132 | - | - | - | -5,582 | - | - | - | -2,659 | - | - | - | -2,691 |
Total Debt Repaid | -8,325 | -7,023 | -7,530 | -8,593 | -5,093 | -4,301 | -2,910 | -1,132 | -4,195 | -4,392 | -5,761 | -5,582 | -3,275 | -3,223 | -2,474 | -2,659 | -2,009 | -2,194 | -1,257 | -2,691 |
Net Debt Issued (Repaid) | 1,263 | 615 | 1,250 | 1,247 | 1,267 | 1,869 | 760 | 553 | -385 | -442 | 423 | 802 | 834 | 786 | 651 | 941 | 1,141 | 1,216 | 703 | 70 |
Repurchase of Common Stock | -1,162 | -1,162 | -1,421 | -1,244 | -2,182 | -2,382 | -1,725 | -1,350 | -429 | -373 | -863 | -992 | -828 | -894 | -894 | -1,168 | -1,307 | -1,192 | -747 | -406 |
Other Financing Activities | -135 | -137 | -154 | -153 | -145 | -112 | -65 | -81 | -109 | -115 | -135 | -192 | -161 | -154 | -143 | -102 | -108 | -113 | -879 | -899 |
Financing Cash Flow | -34 | -684 | -325 | -150 | -1,060 | -625 | -1,030 | -878 | -923 | -930 | -575 | -382 | -155 | -262 | -386 | -329 | -274 | -89 | -923 | -1,235 |
Net Cash Flow
Fiscal Quarter | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | -27 | -34 | 24 | 79 | 9 | 62 | -1 | -68 | 39 | -27 | -34 | -4 | 11 | -14 | -61 | -75 | -138 | -109 | -38 | -52 |
Net Cash Flow | 435 | -130 | 207 | 278 | 242 | 494 | 296 | 326 | 348 | 163 | -50 | 160 | -50 | -46 | 107 | -150 | -196 | -379 | -918 | -448 |
Free Cash Flow
Fiscal Quarter | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 2,079 | 2,184 | 2,116 | 2,051 | 2,211 | 2,010 | 2,163 | 2,114 | 1,961 | 1,827 | 1,624 | 1,500 | 1,321 | 1,582 | 1,508 | 1,586 | 1,705 | 1,689 | 1,915 | 2,302 |
Free Cash Flow Growth (YoY) | -5.97% | 8.66% | -2.17% | -2.98% | 12.75% | 10.02% | 33.19% | 40.93% | 48.45% | 15.49% | 7.69% | -5.42% | -22.52% | -6.33% | -21.25% | -31.10% | -28.00% | -19.69% | -6.08% | 71.41% |
Free Cash Flow Margin | 12.01% | 12.86% | 12.72% | 12.57% | 13.90% | 12.80% | 13.96% | 13.72% | 12.80% | 12.05% | 10.78% | 10.01% | 8.89% | 10.78% | 10.40% | 11.01% | 11.92% | 11.95% | 13.65% | 16.59% |
Free Cash Flow Per Share | 12.31 | 12.84 | 12.33 | 11.82 | 12.58 | 11.23 | 11.91 | 11.53 | 10.64 | 9.89 | 8.77 | 8.05 | 7.05 | 8.40 | 7.96 | 8.32 | 8.87 | 8.72 | 9.84 | 11.80 |
Levered Free Cash Flow | 2,116 | 2,150 | 2,277 | 2,217 | 2,456 | 2,452 | 2,158 | 1,944 | 1,998 | 1,640 | 1,676 | 1,453 | 1,175 | 1,387 | 1,219 | 1,482 | 1,429 | 1,538 | 1,725 | 2,099 |
Unlevered Free Cash Flow | 2,584 | 2,608 | 2,725 | 2,649 | 2,876 | 2,861 | 2,555 | 2,341 | 2,402 | 2,051 | 2,093 | 1,855 | 1,545 | 1,712 | 1,499 | 1,727 | 1,651 | 1,751 | 1,935 | 2,317 |
Additional Metrics
Fiscal Quarter | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Cash Interest Paid | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 343 | 343 | 343 | - |
Cash Income Tax Paid | 395 | 395 | 395 | 395 | - | - | - | - | 340 | 340 | 340 | - | 255 | 255 | 255 | 255 | 222 | 222 | 222 | 222 |
Change in Working Capital | 56 | 201 | 131 | 125 | 284 | 156 | 178 | 158 | 126 | -47 | -121 | -280 | -358 | -58 | -148 | -84 | 51 | 8 | 239 | 680 |