Medpace Holdings (MEDP) Cost of Revenue (2015 - 2026)
Medpace Holdings (MEDP) posted Cost of Revenue of $505.69 million for Q2 2026, up 19.5% from $423.3 million a year earlier but down 0.9% from the prior quarter.
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Analysis
Medpace Holdings (MEDP) Cost of Revenue (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Medpace Holdings was $1.98 billion, up 29.9% year-over-year; for FY2025, it was $1.77 billion, up 21.8% from FY2024.
- Annual Cost of Revenue has increased for 11 consecutive years, with a five-year compound annual growth rate of 22.3% (FY2020 to FY2025).
- In prior years, Medpace Holdings' Cost of Revenue was $1.45 billion in FY2024 (+6.7%), $1.36 billion in FY2023 (+32.5%), $1.03 billion in FY2022 (+26.2%) and $814.22 million in FY2021 (+25.8%).
- Quarterly Cost of Revenue has run from a low of $208.47 million in Q3 2021 to a high of $510.28 million in Q1 2026 over five years.
- On a year-over-year basis, Cost of Revenue has increased in each of the last six quarters, with growth averaging 17.7% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q4 2025, with growth of 40.4%; the weakest was Q4 2024, with a decline of 0.9%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $510.28 million (Q1 2026), $503.13 million (Q4 2025) and $462.96 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 43.66 Bn | 35.37 Bn | 1.44 Bn | 2.93 Bn |
| 2 | Medpace Holdings | 17.37 Bn | 15.43 Bn | 201.64 Mn | 505.69 Mn |
| 3 | Charles River Laboratories International | 14.62 Bn | 13.81 Bn | 363.37 Mn | 640.70 Mn |
| 4 | Icon | 13.27 Bn | 10.38 Bn | 479.29 Mn | 1.58 Bn |
| 5 | Fortrea Holdings | 2.05 Bn | 1.42 Bn | 139.20 Mn | 539.00 Mn |
| 6 | Ginkgo Bioworks Holdings | 732.40 Mn | -29.68 Mn | 18.44 Mn | 1.72 Mn |
| 7 | Evotec SE | 507.87 Mn | -1.10 Bn | - | - |
| 8 | Champions Oncology | 67.26 Mn | 42.35 Mn | 7.70 Mn | 7.53 Mn |
| 9 | MindWalk Holdings | 65.34 Mn | 28.99 Mn | 1.61 Mn | 1.14 Mn |
| 10 | Natural Alternatives International | 6.69 Mn | -21.39 Mn | 1.73 Mn | 32.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 505.69 Mn |
| Mar 31, 2026 | 510.28 Mn |
| Dec 31, 2025 | 503.13 Mn |
| Sep 30, 2025 | 462.96 Mn |
| Jun 30, 2025 | 423.30 Mn |
| Mar 31, 2025 | 380.22 Mn |
| Dec 31, 2024 | 358.27 Mn |
| Sep 30, 2024 | 364.31 Mn |
| Jun 30, 2024 | 374.27 Mn |
| Mar 31, 2024 | 355.90 Mn |
| Dec 31, 2023 | 361.60 Mn |
| Sep 30, 2023 | 359.31 Mn |
| Jun 30, 2023 | 336.55 Mn |
| Mar 31, 2023 | 303.89 Mn |
| Dec 31, 2022 | 278.37 Mn |
| Sep 30, 2022 | 264.71 Mn |
| Jun 30, 2022 | 252.21 Mn |
| Mar 31, 2022 | 232.27 Mn |
| Dec 31, 2021 | 220.57 Mn |
| Sep 30, 2021 | 208.47 Mn |
API Access
Medpace Holdings Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MEDP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MEDP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MEDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();