)
Visual24 Oct 2025
The rise of Alphabet
IQVIA (IQV) investor relations material
IQVIA Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary22 Jul, 2025
Executive summary
Q2 2025 revenue reached $4,017 million, up 5.3% year-over-year, led by strong Technology & Analytics Solutions and R&D Solutions performance.
Net income for Q2 2025 was $266 million, down from $363 million in Q2 2024; adjusted EBITDA was $910 million, up 2.6% year-over-year.
R&D Solutions bookings were $2.5 billion, with a book-to-bill ratio of 1.12x and backlog at $32.1 billion, up 5.1% year-over-year.
AI initiatives advanced, with over 20 AI agents in production and industry recognition for generative AI and digital health innovation.
Over $1 billion in share repurchases year-to-date, with $1,981 million remaining authorized.
Financial highlights
Q2 2025 revenue: $4,017 million, up 5.3% year-over-year; adjusted EBITDA: $910 million; adjusted diluted EPS: $2.81, up 6.4%.
Q2 GAAP net income: $266 million; GAAP diluted EPS: $1.54, down from $1.97 in Q2 2024.
Free cash flow for Q2: $292 million; operating cash flow: $443 million.
Net leverage ratio: 3.61x; gross leverage ratio: 4.16x trailing twelve-month adjusted EBITDA.
$1,032 million used for share repurchases in the first half of 2025.
Outlook and guidance
Full-year 2025 revenue guidance: $16,100–$16,300 million, 4.5%–5.8% growth year-over-year.
Adjusted EBITDA guidance: $3,750–$3,825 million; adjusted diluted EPS: $11.75–$12.05, up 5.6%–8.3% year-over-year.
Q3 2025 revenue guidance: $4,025–$4,100 million; adjusted EBITDA: $935–$955 million; adjusted EPS: $2.92–$3.02.
Guidance reflects $100 million step-down in COVID-related revenue, 150 bps M&A contribution, and FX tailwind.
Management expects continued restructuring through 2025 and into 2026 to align resources and integrate acquisitions.
Explain the assumptions behind 2025 revenue guidance.
How does IQVIA ensure responsible AI use?
Discuss the drivers behind TAS segment's growth.
How does IQVIA plan to sustain EBP win rate?
Quantify AI's impact on literature review.
Detail drivers behind gross margin compression.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next IQVIA earnings date
Q3 202528 Oct, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
IQVIA Holdings Inc., together with its subsidiaries, provides advanced analytics, technology solutions, and contract research services to the life sciences industry in the Americas, Europe, Africa, and the Asia-Pacific. The company accelerates healthcare breakthroughs through their advanced analytics and technology, industry knowledge, and clinical research services.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage