Iqvia holdings inc. (IQV)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12
Revenues

2,754,000

2,895,000

2,769,000

2,740,000

2,684,000

2,688,000

2,594,000

2,567,000

2,563,000

2,521,000

2,466,000

2,355,000

2,360,000

3,403,000

1,137,000

1,167,000

1,108,000

1,128,180

1,093,480

1,074,366

1,029,974

1,063,223

1,061,013

1,035,476

1,005,288

1,003,940

932,727

944,238

927,435

945,761

913,588

944,914

888,035

Costs of revenue, exclusive of depreciation and amortization

1,824,000

1,901,000

1,852,000

1,799,000

1,748,000

1,742,000

1,678,000

1,674,000

1,652,000

1,607,000

1,611,000

1,557,000

1,526,000

2,623,000

696,000

735,000

694,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reimbursed expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

360,000

386,000

382,000

392,931

331,289

369,161

317,619

347,867

339,021

305,554

302,558

375,245

263,112

351,442

301,406

332,827

285,986

285,853

268,549

Total revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,497,000

1,553,000

1,490,000

1,521,111

1,424,769

1,443,527

1,347,593

1,411,090

1,400,034

1,341,030

1,307,846

1,379,185

1,195,839

1,295,680

1,228,841

1,278,588

1,199,574

1,230,767

1,156,584

Costs of revenue, service costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

683,058

683,845

661,827

-

691,051

674,514

643,722

641,957

600,694

617,666

611,109

-

612,106

628,222

-

Costs of revenue, reimbursed expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

360,000

386,000

382,000

392,931

331,289

369,161

317,619

347,867

339,021

305,554

302,558

375,245

263,112

351,442

301,406

-

285,986

285,853

-

Costs of revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

859,112

Selling, general and administrative expenses

407,000

484,000

395,000

436,000

419,000

443,000

429,000

424,000

420,000

469,000

394,000

378,000

381,000

393,000

207,000

216,000

200,000

138,081

231,415

225,898

219,606

123,717

219,027

219,014

219,242

232,797

199,573

228,838

199,302

215,636

192,780

203,544

205,795

Depreciation and amortization

316,000

314,000

299,000

294,000

295,000

294,000

283,000

282,000

282,000

278,000

256,000

245,000

232,000

191,000

34,000

32,000

32,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment charges

-

-

-

-

-

-

-

-

-

-

-

40,000

-

-

28,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring costs

14,000

30,000

19,000

14,000

12,000

2,000

23,000

17,000

26,000

25,000

10,000

9,000

19,000

43,000

0

25,000

3,000

6,458

11,984

6,234

5,324

5,251

1,793

948

1,008

2,174

7,201

2,837

1,859

7,222

-434

12,263

-310

Merger related costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,000

9,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from operations

193,000

166,000

204,000

197,000

210,000

207,000

181,000

170,000

183,000

142,000

195,000

126,000

202,000

79,000

168,000

150,000

179,000

177,371

167,023

158,389

143,217

158,542

149,142

141,000

141,316

127,012

125,259

94,897

115,165

94,427

109,136

100,885

91,987

Interest income

2,000

2,000

3,000

2,000

2,000

3,000

2,000

1,000

2,000

2,000

2,000

1,000

2,000

2,000

1,000

0

1,000

530

1,141

1,459

870

1,149

602

994

1,255

1,581

1,119

785

452

1,472

848

322

425

Interest expense

106,000

109,000

114,000

114,000

110,000

106,000

105,000

107,000

96,000

97,000

93,000

81,000

75,000

71,000

25,000

22,000

26,000

24,744

25,429

25,487

25,340

26,448

25,050

24,799

24,703

26,826

28,756

31,884

36,042

-230,359

33,513

33,130

29,345

Loss on extinguishment of debt

-

-

-24,000

-

-

-

-

-2,000

-

2,000

-18,000

0

-3,000

-

-

-

-

-

-

-7,780

-

-

-

-

-

-

-

-16,543

-

-

-

-

-

Other income, net

13,000

-

-

-7,000

7,000

0

-27,000

26,000

-4,000

-16,000

0

2,000

1,000

14,000

-1,000

3,000

-5,000

5,864

934

-11,659

2,861

-1,564

7,776

-3,056

4,844

1,563

-3,224

-536

2,382

-1,156

-3,850

6,159

2,419

Income before income taxes and equity in earnings of unconsolidated affiliates

102,000

96,000

69,000

78,000

109,000

104,000

51,000

88,000

85,000

33,000

86,000

48,000

127,000

-7,000

143,000

131,000

149,000

158,801

143,669

114,922

121,608

131,679

132,470

114,139

122,712

100,042

94,398

46,719

81,957

55,085

72,621

74,236

65,486

Income tax expense

17,000

68,000

-1,000

8,000

41,000

30,000

-14,000

24,000

19,000

-999,000

-3,000

-14,000

24,000

207,000

39,000

36,000

43,000

51,020

40,192

31,700

36,088

37,951

41,260

32,400

37,389

27,558

27,459

8,830

32,118

20,013

21,542

27,558

24,251

Income before equity in earnings of unconsolidated affiliates

85,000

28,000

70,000

70,000

68,000

74,000

65,000

64,000

66,000

1,032,000

89,000

62,000

103,000

-214,000

104,000

95,000

106,000

107,781

103,477

83,222

85,520

93,728

91,210

81,739

85,323

72,484

66,939

37,889

49,839

35,072

51,079

46,678

41,235

Equity in earnings (loss) of unconsolidated affiliates

6,000

-8,000

-1,000

1,000

-1,000

2,000

2,000

4,000

7,000

3,000

4,000

4,000

-1,000

-3,000

0

-4,000

3,000

2

5,362

1,725

911

-4,785

1,523

3,371

4,891

450

-355

464

-1,683

-236

896

334

1,573

Net income

91,000

20,000

69,000

71,000

67,000

76,000

67,000

68,000

73,000

1,035,000

93,000

66,000

102,000

-217,000

104,000

91,000

109,000

107,783

108,839

84,947

86,431

88,943

92,733

85,110

90,214

72,934

66,584

38,353

48,156

34,836

51,975

47,012

42,808

Net income attributable to non-controlling interests

9,000

4,000

12,000

11,000

9,000

7,000

7,000

7,000

4,000

8,000

5,000

4,000

2,000

4,000

4,000

5,000

2,000

3,418

-2,447

-4

33

-

79

-10

31

-62

-185

-164

-153

-138

-123

-189

-465

Net income attributable to IQVIA Holdings Inc.

82,000

16,000

57,000

60,000

58,000

69,000

60,000

61,000

69,000

1,027,000

88,000

62,000

100,000

-221,000

100,000

86,000

107,000

104,365

111,286

84,951

86,398

89,043

92,654

85,120

90,183

72,996

66,769

38,517

48,309

34,974

52,098

47,201

43,273

Earnings per share attributable to common stockholders:
Basic (in dollars per share)

0.43

0.09

0.29

0.31

0.29

0.34

0.30

0.30

0.33

4.74

0.41

0.28

0.43

-1.97

0.83

0.73

0.89

0.86

0.91

0.69

0.69

0.70

0.73

0.66

0.69

0.58

0.52

0.31

0.42

0.30

0.45

0.41

0.37

Diluted (in dollars per share)

0.42

0.08

0.29

0.30

0.29

0.34

0.29

0.29

0.32

4.63

0.40

0.28

0.43

-1.94

0.82

0.71

0.88

0.84

0.89

0.67

0.68

0.69

0.71

0.64

0.68

0.56

0.50

0.30

0.41

0.30

0.44

0.40

0.37

Weighted average common shares outstanding:
Basic (in shares)

191,600

192,700

194,500

196,200

197,000

199,300

202,300

205,700

207,500

209,200

214,300

217,600

230,100

238,600

118,900

119,500

119,400

120,814

122,848

123,834

124,504

125,661

127,462

128,979

129,898

129,187

128,923

122,709

115,769

115,671

115,691

115,670

115,808

Diluted (in shares)

195,700

197,100

199,000

200,600

201,700

204,100

206,800

209,900

212,000

214,200

219,000

222,300

234,900

243,900

121,200

121,500

121,400

123,071

125,339

126,536

127,454

128,692

130,626

132,042

133,040

132,863

133,267

126,578

118,740

118,092

117,835

117,706

117,551