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Side-by-side financial comparison of IQVIA (IQV) and V F CORP (VFC). Click either name above to swap in a different company.

IQVIA is the larger business by last-quarter revenue ($4.2B vs $2.9B, roughly 1.4× V F CORP). V F CORP runs the higher net margin — 10.5% vs 6.6%, a 3.8% gap on every dollar of revenue. On growth, IQVIA posted the faster year-over-year revenue change (8.4% vs 1.5%). V F CORP produced more free cash flow last quarter ($977.9M vs $491.0M). Over the past eight quarters, V F CORP's revenue compounded faster (10.1% CAGR vs 4.3%).

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

The F. W. Woolworth Company was a retail company and one of the pioneers of the five-and-dime store. It was among the most successful American and international five-and-dime businesses, setting trends and creating the modern retail model that stores worldwide follow today.

IQV vs VFC — Head-to-Head

Bigger by revenue
IQV
IQV
1.4× larger
IQV
$4.2B
$2.9B
VFC
Growing faster (revenue YoY)
IQV
IQV
+6.9% gap
IQV
8.4%
1.5%
VFC
Higher net margin
VFC
VFC
3.8% more per $
VFC
10.5%
6.6%
IQV
More free cash flow
VFC
VFC
$486.9M more FCF
VFC
$977.9M
$491.0M
IQV
Faster 2-yr revenue CAGR
VFC
VFC
Annualised
VFC
10.1%
4.3%
IQV

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
IQV
IQV
VFC
VFC
Revenue
$4.2B
$2.9B
Net Profit
$275.0M
$300.8M
Gross Margin
56.6%
Operating Margin
12.4%
10.1%
Net Margin
6.6%
10.5%
Revenue YoY
8.4%
1.5%
Net Profit YoY
10.0%
79.3%
EPS (diluted)
$1.61
$0.76

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
VFC
VFC
Q1 26
$4.2B
Q4 25
$4.4B
$2.9B
Q3 25
$4.1B
$2.8B
Q2 25
$4.0B
$1.8B
Q1 25
$3.8B
$2.0B
Q4 24
$4.0B
$2.8B
Q3 24
$3.9B
$2.8B
Q2 24
$3.8B
$1.9B
Net Profit
IQV
IQV
VFC
VFC
Q1 26
$275.0M
Q4 25
$514.0M
$300.8M
Q3 25
$331.0M
$189.8M
Q2 25
$266.0M
$-116.4M
Q1 25
$249.0M
$-150.8M
Q4 24
$437.0M
$167.8M
Q3 24
$285.0M
$52.2M
Q2 24
$363.0M
$-258.9M
Gross Margin
IQV
IQV
VFC
VFC
Q1 26
Q4 25
56.6%
Q3 25
52.2%
Q2 25
53.9%
Q1 25
52.7%
Q4 24
56.3%
Q3 24
23.5%
52.2%
Q2 24
22.6%
52.0%
Operating Margin
IQV
IQV
VFC
VFC
Q1 26
12.4%
Q4 25
14.4%
10.1%
Q3 25
13.5%
11.2%
Q2 25
12.6%
-4.9%
Q1 25
13.0%
2.2%
Q4 24
15.8%
8.0%
Q3 24
14.1%
9.9%
Q2 24
13.6%
-12.6%
Net Margin
IQV
IQV
VFC
VFC
Q1 26
6.6%
Q4 25
11.8%
10.5%
Q3 25
8.1%
6.8%
Q2 25
6.6%
-6.6%
Q1 25
6.5%
-7.5%
Q4 24
11.0%
5.9%
Q3 24
7.3%
1.9%
Q2 24
9.5%
-13.6%
EPS (diluted)
IQV
IQV
VFC
VFC
Q1 26
$1.61
Q4 25
$2.97
$0.76
Q3 25
$1.93
$0.48
Q2 25
$1.54
$-0.30
Q1 25
$1.40
$-0.37
Q4 24
$2.41
$0.43
Q3 24
$1.55
$0.13
Q2 24
$1.97
$-0.67

Balance Sheet & Financial Strength

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

Metric
IQV
IQV
VFC
VFC
Cash + ST InvestmentsLiquidity on hand
$1.9B
$1.5B
Total DebtLower is stronger
$15.8B
$3.6B
Stockholders' EquityBook value
$6.3B
$1.8B
Total Assets
$29.7B
$10.4B
Debt / EquityLower = less leverage
2.49×
1.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQV
IQV
VFC
VFC
Q1 26
$1.9B
Q4 25
$2.1B
$1.5B
Q3 25
$2.0B
$419.1M
Q2 25
$2.2B
$642.4M
Q1 25
$1.9B
$429.4M
Q4 24
$1.8B
$1.4B
Q3 24
$1.7B
$492.2M
Q2 24
$1.7B
$637.4M
Total Debt
IQV
IQV
VFC
VFC
Q1 26
$15.8B
Q4 25
$3.6B
Q3 25
$3.5B
Q2 25
$3.6B
Q1 25
$3.4B
Q4 24
$3.9B
Q3 24
$4.0B
Q2 24
$3.9B
Stockholders' Equity
IQV
IQV
VFC
VFC
Q1 26
$6.3B
Q4 25
$6.5B
$1.8B
Q3 25
$6.2B
$1.5B
Q2 25
$5.8B
$1.3B
Q1 25
$6.0B
$1.5B
Q4 24
$6.1B
$1.7B
Q3 24
$7.0B
$1.4B
Q2 24
$6.7B
$1.4B
Total Assets
IQV
IQV
VFC
VFC
Q1 26
$29.7B
Q4 25
$29.9B
$10.4B
Q3 25
$28.7B
$10.6B
Q2 25
$28.6B
$10.2B
Q1 25
$27.3B
$9.4B
Q4 24
$26.9B
$10.6B
Q3 24
$27.2B
$12.2B
Q2 24
$26.4B
$11.5B
Debt / Equity
IQV
IQV
VFC
VFC
Q1 26
2.49×
Q4 25
1.99×
Q3 25
2.40×
Q2 25
2.76×
Q1 25
2.30×
Q4 24
2.31×
Q3 24
2.86×
Q2 24
2.84×

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
VFC
VFC
Operating Cash FlowLast quarter
$618.0M
$1.0B
Free Cash FlowOCF − Capex
$491.0M
$977.9M
FCF MarginFCF / Revenue
11.8%
34.0%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
2.25×
3.36×
TTM Free Cash FlowTrailing 4 quarters
$2.1B
$357.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQV
IQV
VFC
VFC
Q1 26
$618.0M
Q4 25
$735.0M
$1.0B
Q3 25
$908.0M
$-227.0M
Q2 25
$443.0M
$-145.5M
Q1 25
$568.0M
$-171.1M
Q4 24
$885.0M
$918.1M
Q3 24
$721.0M
$-301.6M
Q2 24
$588.0M
$19.8M
Free Cash Flow
IQV
IQV
VFC
VFC
Q1 26
$491.0M
Q4 25
$561.0M
$977.9M
Q3 25
$772.0M
$-253.5M
Q2 25
$292.0M
$-173.7M
Q1 25
$426.0M
$-193.0M
Q4 24
$721.0M
$899.7M
Q3 24
$571.0M
$-322.4M
Q2 24
$445.0M
$-5.4M
FCF Margin
IQV
IQV
VFC
VFC
Q1 26
11.8%
Q4 25
12.9%
34.0%
Q3 25
18.8%
-9.0%
Q2 25
7.3%
-9.9%
Q1 25
11.1%
-9.6%
Q4 24
18.2%
31.7%
Q3 24
14.7%
-11.7%
Q2 24
11.7%
-0.3%
Capex Intensity
IQV
IQV
VFC
VFC
Q1 26
Q4 25
4.0%
1.1%
Q3 25
3.3%
0.9%
Q2 25
3.8%
1.6%
Q1 25
3.7%
1.1%
Q4 24
4.1%
0.6%
Q3 24
3.9%
0.8%
Q2 24
3.7%
1.3%
Cash Conversion
IQV
IQV
VFC
VFC
Q1 26
2.25×
Q4 25
1.43×
3.36×
Q3 25
2.74×
-1.20×
Q2 25
1.67×
Q1 25
2.28×
Q4 24
2.03×
5.47×
Q3 24
2.53×
-5.78×
Q2 24
1.62×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IQV
IQV

Segment breakdown not available.

VFC
VFC

Outdoor$1.9B67%
Sales Channel Through Intermediary$813.4M28%
Other$136.3M5%

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