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Side-by-side financial comparison of IQVIA (IQV) and Newmont (NEM). Click either name above to swap in a different company.

Newmont is the larger business by last-quarter revenue ($7.3B vs $4.4B, roughly 1.7× IQVIA). Newmont runs the higher net margin — 26.0% vs 11.8%, a 14.3% gap on every dollar of revenue. On growth, IQVIA posted the faster year-over-year revenue change (10.3% vs -31.4%). Newmont produced more free cash flow last quarter ($1.2B vs $561.0M). Over the past eight quarters, Newmont's revenue compounded faster (28.8% CAGR vs 8.1%).

IQVIA Holdings, Inc., headquartered in Durham, North Carolina, is an American company focused on health information technology and clinical research.

Newmont Corporation is an American gold mining company based in Denver, Colorado. It is the world's largest gold mining corporation. Incorporated in 1921, it holds ownership of gold mines in the United States, Canada, Mexico, the Dominican Republic, Australia, Ghana, Argentina, Peru, and Suriname. Newmont is also a partial owner of Nevada Gold Mines in Nevada with Barrick Mining being the majority owner and operator. In addition to gold, Newmont mines copper, silver, zinc and lead.

IQV vs NEM — Head-to-Head

Bigger by revenue
NEM
NEM
1.7× larger
NEM
$7.3B
$4.4B
IQV
Growing faster (revenue YoY)
IQV
IQV
+41.7% gap
IQV
10.3%
-31.4%
NEM
Higher net margin
NEM
NEM
14.3% more per $
NEM
26.0%
11.8%
IQV
More free cash flow
NEM
NEM
$644.0M more FCF
NEM
$1.2B
$561.0M
IQV
Faster 2-yr revenue CAGR
NEM
NEM
Annualised
NEM
28.8%
8.1%
IQV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
IQV
IQV
NEM
NEM
Revenue
$4.4B
$7.3B
Net Profit
$514.0M
$1.9B
Gross Margin
Operating Margin
14.4%
Net Margin
11.8%
26.0%
Revenue YoY
10.3%
-31.4%
Net Profit YoY
17.6%
-8.3%
EPS (diluted)
$2.97
$1.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IQV
IQV
NEM
NEM
Q1 26
$7.3B
Q4 25
$4.4B
$6.8B
Q3 25
$4.1B
$5.5B
Q2 25
$4.0B
$5.3B
Q1 25
$3.8B
$5.0B
Q4 24
$4.0B
$5.7B
Q3 24
$3.9B
$4.6B
Q2 24
$3.8B
$4.4B
Net Profit
IQV
IQV
NEM
NEM
Q1 26
$1.9B
Q4 25
$514.0M
$1.3B
Q3 25
$331.0M
$1.8B
Q2 25
$266.0M
$2.1B
Q1 25
$249.0M
$1.9B
Q4 24
$437.0M
$1.4B
Q3 24
$285.0M
$922.0M
Q2 24
$363.0M
$853.0M
Gross Margin
IQV
IQV
NEM
NEM
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
23.5%
Q2 24
22.6%
Operating Margin
IQV
IQV
NEM
NEM
Q1 26
Q4 25
14.4%
47.6%
Q3 25
13.5%
45.4%
Q2 25
12.6%
58.6%
Q1 25
13.0%
49.3%
Q4 24
15.8%
36.3%
Q3 24
14.1%
23.0%
Q2 24
13.6%
23.5%
Net Margin
IQV
IQV
NEM
NEM
Q1 26
26.0%
Q4 25
11.8%
19.1%
Q3 25
8.1%
33.2%
Q2 25
6.6%
38.8%
Q1 25
6.5%
37.7%
Q4 24
11.0%
24.8%
Q3 24
7.3%
20.0%
Q2 24
9.5%
19.4%
EPS (diluted)
IQV
IQV
NEM
NEM
Q1 26
$1.68
Q4 25
$2.97
$1.19
Q3 25
$1.93
$1.67
Q2 25
$1.54
$1.85
Q1 25
$1.40
$1.68
Q4 24
$2.41
$1.23
Q3 24
$1.55
$0.80
Q2 24
$1.97
$0.74

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IQV
IQV
NEM
NEM
Cash + ST InvestmentsLiquidity on hand
$2.1B
$4.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$6.5B
$31.4B
Total Assets
$29.9B
$55.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQV
IQV
NEM
NEM
Q1 26
$4.7B
Q4 25
$2.1B
$8.2B
Q3 25
$2.0B
$6.0B
Q2 25
$2.2B
$6.7B
Q1 25
$1.9B
$4.7B
Q4 24
$1.8B
$3.6B
Q3 24
$1.7B
$3.1B
Q2 24
$1.7B
$2.7B
Total Debt
IQV
IQV
NEM
NEM
Q1 26
Q4 25
$5.1B
Q3 25
$5.2B
Q2 25
$7.1B
Q1 25
$7.5B
Q4 24
$8.5B
Q3 24
$8.6B
Q2 24
$8.7B
Stockholders' Equity
IQV
IQV
NEM
NEM
Q1 26
$31.4B
Q4 25
$6.5B
$33.9B
Q3 25
$6.2B
$33.2B
Q2 25
$5.8B
$32.1B
Q1 25
$6.0B
$31.2B
Q4 24
$6.1B
$29.9B
Q3 24
$7.0B
$29.7B
Q2 24
$6.7B
$29.4B
Total Assets
IQV
IQV
NEM
NEM
Q1 26
$55.5B
Q4 25
$29.9B
$57.1B
Q3 25
$28.7B
$54.7B
Q2 25
$28.6B
$55.2B
Q1 25
$27.3B
$55.5B
Q4 24
$26.9B
$56.3B
Q3 24
$27.2B
$56.2B
Q2 24
$26.4B
$55.7B
Debt / Equity
IQV
IQV
NEM
NEM
Q1 26
Q4 25
0.15×
Q3 25
0.16×
Q2 25
0.22×
Q1 25
0.24×
Q4 24
0.28×
Q3 24
0.29×
Q2 24
0.30×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IQV
IQV
NEM
NEM
Operating Cash FlowLast quarter
$735.0M
Free Cash FlowOCF − Capex
$561.0M
$1.2B
FCF MarginFCF / Revenue
12.9%
16.5%
Capex IntensityCapex / Revenue
4.0%
11.3%
Cash ConversionOCF / Net Profit
1.43×
TTM Free Cash FlowTrailing 4 quarters
$2.1B
$7.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQV
IQV
NEM
NEM
Q1 26
Q4 25
$735.0M
$3.6B
Q3 25
$908.0M
$2.3B
Q2 25
$443.0M
$2.4B
Q1 25
$568.0M
$2.0B
Q4 24
$885.0M
$2.5B
Q3 24
$721.0M
$1.6B
Q2 24
$588.0M
$1.4B
Free Cash Flow
IQV
IQV
NEM
NEM
Q1 26
$1.2B
Q4 25
$561.0M
$2.8B
Q3 25
$772.0M
$1.6B
Q2 25
$292.0M
$1.7B
Q1 25
$426.0M
$1.2B
Q4 24
$721.0M
$1.6B
Q3 24
$571.0M
$771.0M
Q2 24
$445.0M
$628.0M
FCF Margin
IQV
IQV
NEM
NEM
Q1 26
16.5%
Q4 25
12.9%
41.3%
Q3 25
18.8%
28.4%
Q2 25
7.3%
32.2%
Q1 25
11.1%
24.1%
Q4 24
18.2%
28.9%
Q3 24
14.7%
16.7%
Q2 24
11.7%
14.3%
Capex Intensity
IQV
IQV
NEM
NEM
Q1 26
11.3%
Q4 25
4.0%
11.9%
Q3 25
3.3%
13.2%
Q2 25
3.8%
12.7%
Q1 25
3.7%
16.5%
Q4 24
4.1%
15.5%
Q3 24
3.9%
19.0%
Q2 24
3.7%
18.2%
Cash Conversion
IQV
IQV
NEM
NEM
Q1 26
Q4 25
1.43×
2.78×
Q3 25
2.74×
1.25×
Q2 25
1.67×
1.16×
Q1 25
2.28×
1.07×
Q4 24
2.03×
1.79×
Q3 24
2.53×
1.79×
Q2 24
1.62×
1.67×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IQV
IQV

Segment breakdown not available.

NEM
NEM

Consolidated gold sales, net$6.0B83%
Other$506.0M7%
Consolidated copper sales, net$354.0M5%
Consolidated silver sales, net$188.0M3%
Consolidated zinc sales, net$181.0M2%
Consolidated lead sales, net$42.0M1%

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