IQVIA Holdings IncRecord bookings, revenue beat, raised guidance, and strong cash flow drive positive outlook.

IQVIA Holdings reported record net new bookings of $3.15 billion in its Research & Development Solutions division for the second quarter of 2026, driving an 8.8% pre-market share jump. Total revenue rose 8.7% year-over-year to $4.368 billion, while adjusted diluted earnings per share increased 12.1% to $3.15, beating consensus estimates. The company raised its full-year 2026 guidance, now expecting revenue between $17.275 billion and $17.475 billion and adjusted EPS of $12.80 to $13.00. The contracted backlog reached a record $34.2 billion, with a trailing-twelve-month book-to-bill ratio of 1.22x, and free cash flow grew 23.3% to $360 million during the quarter.
IQVIA Holdings IncRecord bookings, revenue beat, raised guidance, and strong cash flow drive positive outlook.