Filing Flows › IQVIA Holdings (IQV) › Q2 2026 › vs Q1 2026
IQVIA Holdings (IQV) Q2 2026 vs Q1 2026 (quarter over quarter)
IQVIA Holdings's revenue rose $217M (+5%) from $4.2B in Q1 2026 to $4.4B in Q2 2026. The biggest changes: Research & Development Solutions +$178M (+7%); Commercial Solutions +$39.0M (+2%). Operating margin 11.6% against 12.4% (-0.8 pts).
IQVIA Holdings, Q2 2026: revenue $4.4B (+9% year over year), operating margin 11.6%, net earnings $258M, operating cash flow $558M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 11.6% | 12.4% | -0.8 pts |
| Net margin | 5.9% | 6.6% | -0.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Research & Development Solutions | $2.6B | $2.4B | $178M | +7% |
| Commercial Solutions | $1.8B | $1.8B | $39.0M | +2% |
| Revenue | $4.4B | $4.2B | $217M | +5% |
| Operating profit | $506M | $514M | −$8.0M | -2% |
| Costs & expenses | $3.9B | $3.6B | $225M | +6% |
| Pre-tax earnings | $318M | $334M | −$16.0M | -5% |
| Other expense, net | $188M | $180M | $8.0M | +4% |
| Cost of revenue | $2.9B | $2.8B | $137M | +5% |
| SG&A | $574M | $502M | $72.0M | +14% |
| Other operating costs | $355M | $339M | $16.0M | +5% |
| Net earnings | $258M | $275M | −$17.0M | -6% |
| Income tax | $60.0M | $59.0M | $1.0M | +2% |
| Depreciation & amortization | $292M | $288M | $4.0M | +1% |
| Share-based compensation | $95.0M | $65.0M | $30.0M | +46% |
| Working capital & other | $87.0M | $10.0M | $77.0M | +770% |
| Operating cash flow | $558M | $618M | −$60.0M | -10% |
Questions
How much did IQVIA Holdings's revenue grow quarter over quarter in Q2 2026?
IQVIA Holdings's revenue rose $217M (+5%) from $4.2B in Q1 2026 to $4.4B in Q2 2026.
What drove IQVIA Holdings's revenue change in Q2 2026?
Research & Development Solutions +$178M (+7%); Commercial Solutions +$39.0M (+2%).