IQVIA reported strong financial performance with record revenue and growth in key segments such as TAS, supported by advancements in AI and share repurchase activities. However, challenges persist in the form of an unsettled market environment, gross margin pressures, and elongated decision timelines for clinical projects.

Company Guidance

During the IQVIA Second Quarter 2025 Earnings Conference Call, the company reported over $4 billion in quarterly revenue for the first time, surpassing the high end of their guidance range. The adjusted EBITDA increased by 2.6%, and the adjusted diluted EPS rose by 6.4% year-over-year, reaching $2.81. The Technology & Analytics Solutions (TAS) segment saw revenue growth of 8.9%, driven by double-digit expansion in real-world evidence. Net bookings in the clinical segment amounted to approximately $2.5 billion, with a net book-to-bill ratio of 1.12x, contributing to a record backlog of over $32 billion, up more than 5% from the previous year. The company also narrowed its full-year revenue guidance to between $16.1 billion and $16.3 billion, with adjusted diluted EPS expected to range from $11.75 to $12.05, reflecting a growth of 5.6% to 8.3% compared to the previous year.

Record-Breaking 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 TAS Revenue Growth

Technology & Analytics Solutions (TAS) reported revenue growth of 8.9%, led by double-digit growth in real-world evidence.

R&DS Net Bookings and Backlog

R&DS net bookings reached approximately $2.5 billion, with a net book-to-bill ratio of 1.12x. The backlog hit a new record of over $32 billion, growing over 5% compared to the prior year.

AI Advancements and Recognition

IQVIA's AI strategy with NVIDIA's support was showcased at NVIDIA's conference. Everest Group named IQVIA a front-runner generative AI leader in life sciences.

Share Repurchase Activity

IQVIA repurchased $607 million of shares in the quarter, bringing the first half share repurchases to above $1 billion.

IQVIA Holdings (IQV) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

IQV Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	2.98 / -	2.84	―	―	―
Jul 22, 2025	2025 (Q2)	2.77 / 2.81	2.64	6.44% (+0.17)
May 06, 2025	2025 (Q1)	2.63 / 2.70	2.54	6.30% (+0.16)
Feb 06, 2025	2024 (Q4)	3.11 / 3.12	2.84	9.86% (+0.28)
Oct 31, 2024	2024 (Q3)	2.82 / 2.84	2.49	14.06% (+0.35)
Jul 22, 2024	2024 (Q2)	2.56 / 2.64	2.43	8.64% (+0.21)
May 02, 2024	2024 (Q1)	2.49 / 2.54	2.45	3.67% (+0.09)
Feb 14, 2024	2023 (Q4)	2.82 / 2.84	2.78	2.16% (+0.06)
Nov 01, 2023	2023 (Q3)	2.44 / 2.49	2.48	0.40% (+0.01)
Aug 01, 2023	2023 (Q2)	2.38 / 2.43	2.44	-0.41% (>-0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

IQV Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 22, 2025	$158.96	$187.38	+17.88%
May 06, 2025	$152.30	$146.20	-4.01%
Feb 06, 2025	$205.44	$209.96	+2.20%
Oct 31, 2024	$216.04	$205.82	-4.73%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does IQVIA Holdings Inc (IQV) report earnings?

IQVIA Holdings Inc (IQV) is schdueled to report earning on Oct 22, 2025, Before Open (Confirmed).

What is IQVIA Holdings Inc (IQV) earnings time?

IQVIA Holdings Inc (IQV) earnings time is at Oct 22, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is IQV EPS forecast?

IQV EPS forecast for the fiscal quarter 2025 (Q3) is 2.98.

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