Record Quarterly Revenue
IQVIA reported over $4 billion in quarterly revenue for the first time in its history, exceeding the high end of the guidance range.
Strong Performance in Technology & Analytics Solutions (TAS)
TAS reported revenue growth of 8.9%, led by double-digit growth in real-world evidence.
Increased R&DS Backlog
The R&DS backlog reached a new record of over $32 billion at the end of the quarter, growing over 5% compared to the prior year.
High Demand for AI Solutions
IQVIA's AI initiatives gained momentum, with significant client interest and the development of over 20 AI agents in production.
Strong Share Repurchases
IQVIA repurchased $607 million of shares in the quarter, bringing first-half share repurchases to over $1 billion.