IQVIA Holdings Inc.

IQV
Sector

Healthcare

Industry

Diagnostics & Research

Market Cap

$34.66B

Employees

87K

Company Overview

IQVIA is a leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry. They create intelligent connections across all aspects of healthcare, enabling customers to accelerate the development and commercialization of innovative medical treatments. With a presence in over 100 countries and a staff of approximately 87,000 employees, IQVIA holds a strong market position in the healthcare industry.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Q3 2024 revenue reached $3.9B, up 4.3% YoY, with Technology & Analytics Solutions driving the majority of the growth, increasing $123M YoY. Constant currency revenue growth was 4.2%.

Gross margin decreased from 64.9% to 64.6% YoY. Cost of revenues increased by $92M, driven by higher compensation and data acquisition costs.

Net income decreased from $303M to $285M YoY, despite revenue growth. This was driven by increased expenses and other income fluctuations.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights