IQVIA Q3 revenue up 5.2% to $4.1 billion; reaffirms 2025 guidance midpoint
IQVIA reported third-quarter 2025 results on October 28, 2025, with revenue of $4.1 billion, up 5.2% from a year earlier, and GAAP net income of $331 million, up from $285 million. The company reaffirmed the midpoint of its full-year 2025 guidance and narrowed its revenue, Adjusted EBITDA and Adjusted diluted EPS ranges. Adjusted EBITDA rose 1.1% to $949 million, slower than revenue growth, but the headline revenue and per-share measures improved.
Key points
- Q3 revenue was $4,100 million, up 5.2% on a reported basis from $3,896 million in Q3 2024.
- GAAP diluted EPS was $1.93, up from $1.55; Adjusted diluted EPS was $3.00, up from $2.84.
- Full-year 2025 guidance: revenue $16,150 million to $16,250 million; Adjusted EBITDA $3,775 million to $3,800 million; Adjusted diluted EPS $11.85 to $11.95.
- Free cash flow was $772 million, up 35% year-over-year.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.