Item 16. Form 10-K Summary

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Item 16. Form 10-K Summary

None.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


			IQVIA HOLDINGS INC.

			By: /s/ Ronald E. Bruehlman
			Name: Ronald E. Bruehlman
			Title: Executive Vice President and Chief
			Financial Officer

Date: February 13, 2025

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant in the capacities and on the dates indicated.


Signature	Title	Date

/s/ Ari Bousbib	Chairman and Chief Executive Officer; Director	February 13, 2025
Ari Bousbib	(Principal Executive Officer)

/s/ Ronald E. Bruehlman	Executive Vice President and Chief Financial Officer	February 13, 2025
Ronald E. Bruehlman	(Principal Financial Officer)

/s/ Keriann Cherofsky	Senior Vice President, Chief Accounting Officer and Corporate Controller	February 13, 2025
Keriann Cherofsky	(Principal Accounting Officer)

/s/ Carol J. Burt	Director	February 13, 2025
Carol J. Burt

/s/ John P. Connaughton	Director	February 13, 2025
John P. Connaughton

/s/ John G. Danhakl	Director	February 13, 2025
John G. Danhakl

/s/ James A. Fasano	Director	February 13, 2025
James A. Fasano

/s/ Colleen A. Goggins	Director	February 13, 2025
Colleen A. Goggins

/s/ John M. Leonard, M.D.	Director	February 13, 2025
John M. Leonard, M.D.

/s/ Leslie Wims Morris	Director	February 13, 2025
Leslie Wims Morris

/s/ Todd B. Sisitsky	Director	February 13, 2025
Todd B. Sisitsky

/s/ Sheila A. Stamps	Director	February 13, 2025
Sheila A. Stamps

(2) Financial Statement Schedules

Schedule I—Condensed Financial Information of Registrant

IQVIA HOLDINGS INC. (PARENT COMPANY ONLY)

CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME


	Year Ended December 31,
(in millions)	2024		2023		2022
Equity in earnings of subsidiary, net of tax	$	1,373	$	1,358	$	1,091
Net income	1,373		1,358		1,091
Equity in other comprehensive (loss) income of subsidiary, net of tax	(171)		(140)		(321)
Comprehensive income	$	1,202	$	1,218	$	770

IQVIA HOLDINGS INC. (PARENT COMPANY ONLY)

CONDENSED BALANCE SHEETS


	December 31,
(in millions, except per share data)	2024		2023
ASSETS
Current assets:
Cash and cash equivalents	$	—	$	2
Total current assets	—		2
Investment in subsidiary	9,667		9,667
Total assets	$	9,667	$	9,669
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	9	$	8
Total current liabilities	9		8
Investment in subsidiary	3,588		3,546
Payable to subsidiary	3		3
Total liabilities	3,600		3,557
Commitments and contingencies
Stockholders’ equity:
Common stock and additional paid-in capital, 400.0 shares authorized as of December 31, 2024 and 2023, $0.01 par value, 258.2 shares issued and 176.1 shares outstanding as of December 31, 2024; 257.2 shares issued and 181.5 shares outstanding as of December 31, 2023	11,143		11,028
Retained earnings	6,065		4,692
Treasury stock, at cost, 82.1 and 75.7 shares as of December 31, 2024 and 2023, respectively	(10,103)		(8,741)
Accumulated other comprehensive loss	(1,038)		(867)
Total stockholders’ equity	6,067		6,112
Total liabilities and stockholders’ equity	$	9,667	$	9,669

IQVIA HOLDINGS INC. (PARENT COMPANY ONLY)

CONDENSED STATEMENTS OF CASH FLOWS


	Year Ended December 31,
(in millions)	2024		2023		2022
Operating activities:
Net Income	$	1,373	$	1,358	$	1,091
Adjustments to reconcile net income to cash provided by operating activities:
Equity in earnings of subsidiary	(1,373)		(1,358)		(1,091)
Change in operating assets and liabilities:
Other operating assets and liabilities	(11)		—		1
Net cash from operating activities	(11)		—		1
Investing activities:
Investment in subsidiary, net of dividends received	1,423		1,052		1,238
Net cash from investing activities	1,423		1,052		1,238
Financing activities:
Payments related to employee stock incentive plans, net	(64)		(61)		(71)
Repurchase of common stock	(1,350)		(992)		(1,168)
Intercompany with subsidiary	—		1		—
Net cash from financing activities	(1,414)		(1,052)		(1,239)
Change in cash and cash equivalents	(2)		—		—
Cash and cash equivalents at beginning of period	2		2		2
Cash and cash equivalents at end of period	$	—	$	2	$	2

IQVIA HOLDINGS INC. (PARENT COMPANY ONLY)

NOTES TO CONDENSED FINANCIAL INFORMATION

The condensed parent company financial statements have been prepared in accordance with Rule 12-04, Schedule I of Regulation S-X as the restricted net assets of IQVIA Holdings Inc.’s (the “Company”) wholly owned subsidiary, IQVIA Incorporated exceed 25% of the consolidated net assets of the Company. These condensed parent company financial statements are not the general-purpose financial statements of the reporting entity. The ability of IQVIA Incorporated to pay dividends may be limited due to the restrictive covenants in the agreements governing its credit arrangements.

These condensed parent company financial statements include the accounts of IQVIA Holdings Inc. on a standalone basis (the “Parent”) and the equity method of accounting is used to reflect ownership interest in its subsidiary. Refer to the consolidated financial statements and notes presented elsewhere herein for additional information and disclosures with respect to these financial statements.

Below is a summary of the dividends paid to the Parent by IQVIA Incorporated in the years ended December 31, 2024, 2023 and 2022:


(in millions)	Amount
Paid in December 2024	$	200
Paid in November 2024	952
Paid in October 2024	11
Paid in September 2024	201
Paid in August 2024	1





Paid in February 2024	58

Total paid in 2024	$	1,423

Paid in November 2023	$	232

Paid in September 2023	55
Paid in August 2023	89


Paid in May 2023	490

Paid in March 2023	130
Paid in February 2023	56

Total paid in 2023	$	1,052
Paid in December 2022	$	25
Paid in November 2022	3
Paid in October 2022	40
Paid in September 2022	110
Paid in August 2022	1
Paid in July 2022	100
Paid in June 2022	188
Paid in May 2022	303
Paid in April 2022	2
Paid in March 2022	125
Paid in February 2022	322
Paid in January 2022	20
Total paid in 2022	$	1,239

Schedule II—Valuation and Qualifying Accounts

Deferred Tax Asset Valuation Allowance


			Additions
(in millions)	Balance at Beginning of Year		Charged to Expenses		Charged to Other Accounts(a)		Additions (Deductions) (b)		Balance at End of Year
December 31, 2024	$	166	$	(12)	$	—	$	42	$	196
December 31, 2023	$	257	$	(99)	$	—	$	8	$	166
December 31, 2022	$	294	$	(27)	$	—	$	(10)	$	257

(a)Recorded through purchase accounting transaction.

(b)Impact of additions or reductions recorded to expense and translation adjustments.

Previous: Item 15. Exhibits and Financial Statement Schedules