Medpace Holdings (MEDP) Cost of Revenue (2015 - 2026)
Medpace Holdings (MEDP) reported Cost of Revenue of $510.3 million for Q1 2026, up 34.21% on a YoY basis from $380.2 million in Q1 2025, and up 1.42% quarter-over-quarter from $503.1 million in Q4 2025.
Medpace Holdings (MEDP) Cost of Revenue (2015 - 2026) Analysis & Trends
Medpace Holdings has reported Cost of Revenue for 12 years, with the latest figure at $510.3 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 34.21% year-over-year to $510.3 million; the trailing twelve-month figure through Mar 2026 stood at $1.9 billion (up 28.61% YoY), and the FY2025 full-year result was $1.8 billion, up 21.81% from the prior year.
- Cost of Revenue for Q1 2026 stood at $510.3 million, up from $503.1 million in the prior quarter.
- The five-year high for Cost of Revenue was $510.3 million in Q1 2026, with the low at $232.3 million in Q1 2022.
- Historically, Cost of Revenue has averaged $360.1 million across 5 years, with a median of $359.3 million in 2023.
- Annual changes were most pronounced in 2024 — Cost of Revenue declined 0.92% — and 2025, when it jumped 40.43%.
- Medpace Holdings' Cost of Revenue stood at $278.4 million in 2022, then advanced by 29.9% to $361.6 million in 2023, then dropped by 0.92% to $358.3 million in 2024, then jumped by 40.43% to $503.1 million in 2025, then advanced by 1.42% to $510.3 million in 2026.
- The last three Cost of Revenue figures came in at $510.3 million (Q1 2026), $503.1 million (Q4 2025), and $463.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,010.71 Bn | 30,010.25 Bn | 1.11 Bn | 155.00 Mn |
| 2 | Thermo Fisher Scientific | 179.46 Bn | 176.21 Bn | 7.74 Bn | 3.26 Bn |
| 3 | Danaher | 130.33 Bn | 124.64 Bn | 3.59 Bn | 2.36 Bn |
| 4 | Idexx Laboratories | 44.44 Bn | 44.24 Bn | 722.74 Mn | 175.25 Mn |
| 5 | Agilent Technologies | 37.27 Bn | 35.46 Bn | 990.00 Mn | 845.00 Mn |
| 6 | Iqvia Holdings | 30.70 Bn | 28.73 Bn | 1.36 Bn | 2.80 Bn |
| 7 | Natera | 30.59 Bn | 29.49 Bn | 696.04 Mn | 608,000.00 |
| 8 | Illumina | 24.86 Bn | 23.71 Bn | 721.00 Mn | 370.00 Mn |
| 9 | Mettler Toledo International | 23.06 Bn | 23.00 Bn | 555.82 Mn | 118.74 Mn |
| 10 | Medpace Holdings | 13.30 Bn | 12.64 Bn | 196.33 Mn | 510.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 510.28 Mn |
| Mar 31, 2026 | 510.28 Mn |
| Dec 31, 2025 | 503.13 Mn |
| Dec 31, 2025 | 503.13 Mn |
| Sep 30, 2025 | 462.96 Mn |
| Sep 30, 2025 | 462.96 Mn |
| Jun 30, 2025 | 423.30 Mn |
| Jun 30, 2025 | 423.30 Mn |
| Mar 31, 2025 | 380.22 Mn |
| Mar 31, 2025 | 380.22 Mn |
| Dec 31, 2024 | 358.27 Mn |
| Dec 31, 2024 | 358.27 Mn |
| Sep 30, 2024 | 364.31 Mn |
| Sep 30, 2024 | 364.31 Mn |
| Jun 30, 2024 | 374.27 Mn |
| Jun 30, 2024 | 374.27 Mn |
| Mar 31, 2024 | 355.90 Mn |
| Mar 31, 2024 | 355.90 Mn |
| Dec 31, 2023 | 361.60 Mn |
| Dec 31, 2023 | 361.60 Mn |