Medpace Holdings (MEDP) Gross Margin (2015 - 2026)

Medpace Holdings (MEDP) reported Gross Margin of 27.78% for Q1 2026, down 415.0% on a YoY basis from 8.82% in Q1 2025, and down 4.13% quarter-over-quarter from 28.98% in Q4 2025.

Medpace Holdings (MEDP) Gross Margin (2015 - 2026) Analysis & Trends

Medpace Holdings has reported Gross Margin for 12 years, with the latest figure at 27.78% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 415.0% year-over-year to 27.78%; the trailing twelve-month figure through Mar 2026 stood at 29.07% (down 244.0% YoY), and the FY2025 full-year result was 30.06%, down 106.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 27.78%, down from 28.98% in the prior quarter.
  • The five-year high for Gross Margin was 33.23% in Q4 2024, with the low at 26.97% in Q2 2023.
  • Historically, Gross Margin has averaged 29.57% across 5 years, with a median of 29.82% in 2022.
  • Annual changes were most pronounced in 2024 — Gross Margin soared 578 bps — and 2025, when it tumbled 425 bps.
  • Medpace Holdings' Gross Margin stood at 29.37% in 2022, then decreased by 7 bps to 27.45% in 2023, then gained by 21 bps to 33.23% in 2024, then declined by 13 bps to 28.98% in 2025, then retreated by 4 bps to 27.78% in 2026.
  • The last three Gross Margin figures came in at 27.78% (Q1 2026), 28.98% (Q4 2025), and 29.84% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 87.77%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 70.37%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 60.34%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 63.35%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 53.95%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 32.64%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 99.91%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 66.09%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 58.68%
10 Medpace Holdings 13.03 Bn 12.38 Bn 196.33 Mn 27.78%

Historic Data

Download Data
DateValue
Mar 31, 2026 27.78%
Dec 31, 2025 28.98%
Sep 30, 2025 29.84%
Jun 30, 2025 29.84%
Mar 31, 2025 31.93%
Dec 31, 2024 33.23%
Sep 30, 2024 31.69%
Jun 30, 2024 29.13%
Mar 31, 2024 30.36%
Dec 31, 2023 27.45%
Sep 30, 2023 27.04%
Jun 30, 2023 26.97%
Mar 31, 2023 29.99%
Dec 31, 2022 29.37%
Sep 30, 2022 31.02%
Jun 30, 2022 28.19%
Mar 31, 2022 29.82%
Dec 31, 2021 28.52%
Sep 30, 2021 29.47%
Jun 30, 2021 26.82%