Healthcare analytics firm IQVIA beats Q3 revenue estimates, reaffirms guidance

IQVIA Holdings

28/10/2025 11:18

Overview

IQVIA Q3 2025 revenue grows 5.2% yr/yr, beating analyst expectations

Adjusted EPS for Q3 2025 beats consensus, reflecting solid operational performance

R&D Solutions net bookings grow 13% yr/yr, indicating strong demand

Outlook

IQVIA reaffirms full-year 2025 revenue guidance between $16.15 bln and $16.25 bln

Adjusted EBITDA for 2025 expected between $3.775 bln and $3.8 bln

Adjusted EPS for full-year 2025 expected between $11.85 and $11.95

Result Drivers

R&D SOLUTIONS DEMAND - Strong demand across all customer segments and improved client decision timelines led to 13% growth in net bookings yr/yr

TAS MOMENTUM - Ongoing momentum from drug launches and strength of broader commercial portfolio drove solid TAS results

CSMS GROWTH - Contract Sales & Medical Solutions revenue increased 16.1% on a reported basis, reflecting strong performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$4.10 bln
$4.07 bln (16 Analysts)
Q3 Adjusted EPS
Beat
$3
$2.97 (18 Analysts)
Q3 EPS
$1.93


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the biotechnology & medical research peer group is "buy"

Wall Street's median 12-month price target for IQVIA Holdings Inc is $225.00, about 3.4% above its October 27 closing price of $217.43

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nBw6dzLM7a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)