Medpace Holdings, Inc.

MEDP Healthcare Diagnostics & Research

Medpace Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.5 billion, up 20.0% from fiscal 2024.

Revenue
+8.50%
EPS
+24.6%
Free cash flow
−16.6%

Quarter to September 2026, against a year earlier

634.63 22.14 −3.37%
Market cap
$17.8B
P/E
34.6×
Fwd P/E
35.8×
Dividend yield
—
F-score
8/9
Altman Z
8.04
Beneish M
−2.92
Dividend safety
n/a

Medpace Holdings, Inc. (MEDP) Gross margin

Alert me on Gross margin

Medpace Holdings, Inc.'s gross margin over the twelve months to 30 September 2026 was 72.2%, up 1.2 percentage points from fiscal 2025 (71.1%). Over the past ten years it has ranged from 51.5% (fiscal 2017) to 71.1% (fiscal 2025) — the current reading is the highest in ten years. That is above the Diagnostics & Research industry median of 48.3% and above the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 71.1% 3.40
FY2024 67.7% 1.50
FY2023 66.2% 2.80
FY2022 63.4% 1.97
FY2021 61.4% (0.33)
FY2020 61.7% (1.00)
FY2019 62.7% (1.47)
FY2018 64.2% 12.74
FY2017 51.5% (1.46)
FY2016 52.9% (1.50)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 71.4% 0.03
Jun 2026 71.4% (0.58)
Mar 2026 71.9% (2.35)
Dec 2025 74.3% 2.53
40 more quarters

Against its own ten years

Low 51.5% High 71.1%
Ten-year median 62.7%
Current reading's percentile 98

Gross margin against peers

Company Gross margin
MEDP Medpace Holdings, Inc. 72.2%
ILMN Illumina, Inc. compare 67.9%
GH Guardant Health, Inc. compare 65.2%
QGEN QIAGEN N.V. compare 62.2%
RVTY Revvity Inc. compare 55.9%
CRL Charles River Laboratories International, Inc. compare 33.3%
DGX Quest Diagnostics Incorporated compare 33.1%
LH Labcorp Holdings Inc. compare 29.0%
ICLR ICON PLC compare 23.4%
Diagnostics & Research industry median 48.3%
Healthcare sector median 53.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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