What move does the options market price into Iqvia's report?

Implied ±14.5%, either direction · provisional.

How often does Iqvia move more than the options market prices?

4 of the last 8 reports moved at least as far as the implied move.

IQVNYSEServices-Commercial Physical & Biological Research

Iqvia Holdings Inc. (IQV) earnings date, market-implied expected move, and options open interest by expiry

271.89

+7.01 · +2.65%

post 271.91 +0.01%

Closed16:00 ET

Open263.00Volume1.4MMkt cap$44.8BP/E32.76EPS8.30

Day262.37 – 272.7992%52-wk154.50 – 284.5090%

IQV

Iqvia Holdings Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±14.5%implied · straddle

232.52311.14

spot 271.83exp Feb 19ATM strike 270ATM straddle 46.25IV 40%

Nov 6 closeprovisional

Expected move

Inputs

Next report

Feb 4

before open · in 89 days

est.Q4 FY26

Calendar

Next report

Last report

−0.75%

vs ±9.1% implied · ×0.08

shaded = implied · ▲▼ = realized

Oct 27 '26 · confirmed

Implied vs realized

Linked news

1dVSTM · customerVerastem posts updated corporate presentation

News

Largest filed tie

13F top-10 QoQ

+1.37%

shares held · 10 largest managers

13F · Jun 30 '26130d lag

1,091 managers

Top fund weight

0.56%

IQV weight · XLV

N-PORTJun 30 '26

10 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Iqvia (IQV) is expected to report on Feb 4 before open (estimated date).

Implied vs realized

8 reports

4 of 8≥ implied

avg implied: ±7.8%
avg realized: ±7.4%

Feb 6 '25Feb 6 '25confirmed±6.2%▲+2.20%×0.35

May 6 '25May 6 '25confirmed±6.9%▼−4.01%×0.58

Jul 22 '25Jul 22 '25confirmed±8.2%▲+17.88%×2.18

Oct 28 '25Oct 28 '25confirmed±7.7%▲+0.32%×0.04

Feb 5 '26Feb 5 '26confirmed±6.8%▼−10.65%×1.57

Q1 FY26May 5 '26confirmed±8.1%▲+9.62%×1.19

Q2 FY26Jul 28 '26confirmed±9.6%▲+13.94%×1.46

Q3 FY26Oct 27 '26confirmed±9.1%▼−0.75%×0.08

quarterimplied−20%0+20%realized×

Q3 FY26±9.1%▼−0.75%×0.08

Q2 FY26±9.6%▲+13.94%×1.46

Q1 FY26±8.1%▲+9.62%×1.19

Feb '26±6.8%▼−10.65%×1.57

Oct '25±7.7%▲+0.32%×0.04

Jul '25±8.2%▲+17.88%×2.18

2 older reports

May '25±6.9%▼−4.01%×0.58

Feb '25±6.2%▲+2.20%×0.35

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Nov 4 close

0.92OI · 4 expiries · Nov 4 closeP/C open interest · Feb 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

3,8940%Nov 2013d0.665,933+6%0.66

367+2%Dec 1841d1.22300+2%1.22

1,679+1%Jan 1569d0.861,9580%0.86

report · Feb 4 · before open · est.

5580%Feb 19104d6070%

ExpiryPutsCallsP/C

Nov 2013d3,8940%5,933+6%0.66

Dec 1841d367+2%300+2%1.22

Jan 1569d1,679+1%1,9580%0.86

report · Feb 4 · before open · est.

Feb 19104d5580%6070%0.92

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±14.5%

Funds 4

XLV±0.1%

REVS±0.1%

RSP±0.0%

VTV±0.0%

Dashed = straddleMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

7.95%as filednet margin · revenue +1.37% QoQ · +8.00% YoY

Revenue

$4.4B+1.37% QoQ

Gross profit

$1.5B+4.39% QoQ

33.83% margin

Operating income

$572M+13.04% QoQ

12.92% margin

Pre-tax income

$386M+28.24% QoQ

Net income

$352M+36.43% QoQ

7.95% margin

Cost of revenue

$2.9B−0.10% QoQ

Operating expenses

$926M−0.32% QoQ

SG&A $569M

Depreciation $321M

Other operating $36M

Other expense

$186M

Tax

$76M+26.67% QoQ

Revenue$4.4B+1.37%

Gross profit

$1.5B+4.39%

33.83% margin

Operating income

$572M+13.04%

12.92% margin

Pre-tax income

$386M+28.24%

Net income

$352M+36.43%

7.95% margin

Cost of revenue

$2.9B−0.10%

Operating expenses

$926M−0.32%

SG&A $569M

Depreciation $321M

Other operating $36M

Other expense

$186M

Tax$76M+26.67%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 6 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 16:00 ET

Intraday

Event sensitivity

FOMC ×1.12· ±1.7% vs ±1.5% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.7%10 of 24×1.12

GDPgross domestic product±1.7%9 of 20×1.09

PCEpersonal income & outlays±1.6%10 of 20×1.04

CPROFcorporate profits±1.6%5 of 12×1.03

NFPjobs report±1.5%3 of 10×0.99

PPIproducer prices±1.5%4 of 11×0.96

CPIconsumer prices±0.9%7 of 11×0.57

Bar = avg |move| to ±2% · tick = ±1.5% avg day · ×base = |move| ÷ ±1.5% · min 6 releases

Earnings history

EPS 2.10 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 27 '26 · confirmed	2.10	—
Q2 FY26	Jul 28 '26 · confirmed	1.53	—
Q1 FY26	May 5 '26 · confirmed	1.61	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod