IQVIA Holdings Inc. (IQV) Earnings Call Transcripts

IQVIA Holdings Inc.'s Latest Earnings Call - Q2 FY2026

In the second quarter of fiscal year 2026, IQVIA Holdings Inc. reported strong financial results, with revenue of $4.368 billion, reflecting an 8.7% year-over-year increase, and adjusted diluted EPS of $3.15, up 12.1% year-over-year. The company raised its full-year guidance for revenue, adjusted EBITDA, and adjusted diluted EPS, driven by improved market conditions and operational execution. The new revenue guidance range is set between $17.275 billion and $17.475 billion, indicating a growth of 5.9% to 7.1%.

Reported metrics

Guidance from management

IQVIA raised its full-year 2026 guidance for revenue to between $17.275 billion and $17.475 billion, adjusted EBITDA to between $4 billion and $4.05 billion, and adjusted diluted EPS to between $12.80 and $13.00, reflecting stronger organic growth expectations.

What management said

Sure, Jailendra. I'll take that one. So let me give you some color on our EBITDA margins. Yes, they expanded, as we noted, 10 basis points. And as we started to provide a little bit more color on the composition our operational and productivity programs are going exceptionally well. And we've said that AI is just another lever in that toolkit. So that drove about 90 basis points of operational margin expansion in t...

Yes. I mean just for the context, Jailendra , if you recall in the first quarter, we reported that we generated 60 bps of operational productivity improvements, now margins, but that was offset by 120 bps of negative impact from the stronger pass-through growth as well as FX. Now in this quarter, we had no FX virtually, negligible, but we still have pass-through growth, and those created a headwind of 80 bps. Now w...

What analysts pressed on

Analysts expressed concerns about the sustainability of the current bookings momentum and the potential impact of macroeconomic factors on future growth. Questions were raised regarding the competitive landscape and how IQVIA plans to maintain its win rates against other CROs in the evolving market environment.

Main topics on the call

• Revenue Growth Acceleration — IQVIA's total revenue for Q2 2026 grew 8.7% year-over-year, exceeding guidance. Management noted, "Organic growth for the company as a whole accelerated to 6% year-over-year, which is 3x the rate we delivered a year ago....
• Strong Adjusted EBITDA Performance — Adjusted EBITDA for the quarter was $994 million, representing a 9.2% increase year-over-year. This was attributed to improved operational performance, with management stating, "Adjusted EBITDA margin began improving ear...
• Increased Bookings and Demand — Net new bookings in R&D Solutions reached $3.15 billion, a 19% year-over-year increase, with a book-to-bill ratio of 1.22. Management highlighted, "The improvement in bookings is not just from this quarter alone... they ...
• Guidance Revision — IQVIA raised its full-year guidance for revenue, adjusted EBITDA, and adjusted diluted EPS. The new revenue guidance reflects a midpoint growth of 6.5%, up from 5.8%. Management stated, "We are raising our full year 2026...

Read the full IQVIA Holdings Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 105 IQVIA Holdings Inc. earnings call transcripts on record, spanning February 12, 2020 to July 28, 2026. Based on this history, IQVIA Holdings Inc. reports quarterly. The most recent call on file is dated July 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

IQV

Exchange

NYSE

Country

US

Sector

Health Care

Industry

Life Sciences Tools and Services

Calls on record

105

First call

February 12, 2020

Most recent

July 28, 2026

Reporting cadence

quarterly