IQVIA said it reported Q4 2024 revenue of $3,958 million and GAAP Net Income of $437 million, and full-year revenue of $15,405 million and GAAP Net Income of $1,373 million. GAAP Net Income for Q4 fell 6.8% from a year earlier, while full-year GAAP Net Income rose 1.1% from the prior year.

1. 01

   IQVIA said it reported Q4 2024 revenue of $3,958 million and GAAP Net Income of $437 million, and full-year revenue of $15,405 million and GAAP Net Income of $1,373 million. GAAP Net Income for Q4 fell 6.8% from a year earlier, while full-year GAAP Net Income rose 1.1% from the prior year.

2. 02

   IQVIA said R&DS contracted backlog, including reimbursed expenses, was $31.1 billion as of December 31, 2024, up 4.4% year-over-year (5.5% at constant currency). The company said about $7.9 billion of this backlog is expected to convert to revenue in the next 12 months. It also said the Q4 book-to-bill ratio was 1.20x.

3. 03

   IQVIA said full-year 2024 Operating Cash Flow was $2,716 million, up from $2,149 million a year earlier. It said Free Cash Flow was $2,114 million, after deducting $602 million for acquisition of property, equipment and software.

4. 04

   IQVIA said it repurchased $1,150 million of its shares in Q4 2024 and $1,350 million for the full year. It also reaffirmed its full-year 2025 revenue outlook of $15,725 million to $16,125 million.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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