| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net income | 847 | 515 | 249 | 936 |
| Depreciation and amortization | 827 | 541 | 265 | 811 |
| Amortization of debt issuance costs and discount | 17 | 11 | 5 | 16 |
| Stock-based compensation | 187 | 132 | 72 | 158 |
| Losses from unconsolidated affiliates | -14 | -14 | -13 | 0 |
| Gain on investments, net | 20 | 16 | -1 | 29 |
| Benefit from deferred income taxes | -132 | -86 | -41 | -114 |
| Change in accounts receivable, unbilled services and unearned income | -442 | -269 | -128 | -259 |
| Change in other operating assets and liabilities | 263 | 369 | 124 | 206 |
| Net cash provided by operating activities | 1,919 | 1,011 | 568 | 1,831 |
| Acquisition of property, equipment and software | 429 | 293 | 142 | 438 |
| Acquisition of businesses, net of cash acquired | 798 | 315 | 134 | 649 |
| Purchases of marketable securities, net | - | - | - | 0 |
| Sales of marketable securities, net | -2 | -2 | -2 | - |
| Investments in unconsolidated affiliates, net of payments received | 28 | 27 | 13 | 68 |
| Investments in debt and equity securities | 20 | 19 | 19 | 2 |
| Proceeds from sale of property, equipment and software | 75 | 0 | - | 25 |
| Other | 3 | -1 | -1 | 2 |
| Net cash used in investing activities | -1,201 | -651 | -305 | -1,134 |
| Proceeds from issuance of debt | 3,985 | 3,985 | 1,985 | 0 |
| Payment of debt issuance costs | 34 | 35 | 6 | 0 |
| Repayment of debt and principal payments on finance leases | 2,676 | 2,140 | 2,096 | 130 |
| Proceeds from revolving credit facility | 1,375 | 875 | 275 | 685 |
| Repayment of revolving credit facility | 2,200 | 1,700 | 0 | 785 |
| Payments related to employee stock incentive plans | 66 | 35 | 35 | 61 |
| Repurchase of common stock | 1,032 | 1,032 | 375 | 200 |
| Contingent consideration and deferred purchase price payments | 26 | 20 | 6 | 12 |
| Other | -11 | -11 | - | - |
| Net cash used in financing activities | -685 | -113 | -258 | -503 |
| Effect of foreign currency exchange rate changes on cash | 79 | 90 | 33 | 2 |
| Increase in cash and cash equivalents | 112 | 337 | 38 | 196 |
| Cash and cash equivalents at beginning of period | 1,702 | 1,702 | 1,702 | 1,376 |
| Cash and cash equivalents at end of period | 1,814 | 2,039 | 1,740 | 1,572 |
IQVIA HOLDINGS INC. (IQV)
IQVIA HOLDINGS INC. (IQV)