IQVIA Holdings (IQV) Revenue — Quarter Ended Sep 30, 2024
Revenue for the reported quarter increased compared to the prior quarter and also rose relative to the same period a year earlier. The sequential growth continued the trend seen in recent quarters.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the reported quarter increased compared to the prior quarter and also rose relative to the same period a year earlier. The sequential growth continued the trend seen in recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
+2.1%
Change from the immediately preceding quarter.
Year-over-year
+4.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $3.9B | +3.5% |
| Mar 31, 2024 | $3.7B | +2.3% |
| Jun 30, 2024 | $3.8B | +2.3% |
| Sep 30, 2024 | $3.9B | +4.3% |
Revenue performance
Revenue grew from the immediately preceding quarter, marking a moderate sequential improvement. Compared with the same quarter one year ago, revenue posted a more pronounced increase.
Quarterly comparison
The reported quarter's revenue exceeded that of the prior quarter, and was also higher than the comparable quarter from the previous year. Both comparisons reflect positive year-over-year and sequential momentum.
What to watch
The company's cash and cash equivalents increased, highlighting its liquidity position as of the end of the reported quarter.