Medpace Holdings (MEDP) Gross Margin (2015 - 2026)
Medpace Holdings' (MEDP) quarterly Gross Margin came in at 28.51% in Q2 2026, down 133.0% YoY from 86.38% in Q2 2025, and up 2.6% on a QoQ basis from 27.78% in Q1 2026.
Medpace Holdings (MEDP) Gross Margin (2015 - 2026) Analysis & Trends
Medpace Holdings (MEDP) has 12 years of Gross Margin data on file, last reported at 28.51% in Q2 2026.
- Quarterly Gross Margin fell 133.0% year-over-year to 28.51% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 28.76% (down 286.0% YoY) and the FY2025 annual result came in at 30.06%, down 106.0% from the prior year.
- Gross Margin climbed to 28.51% in Q2 2026, from 27.78% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 33.23% in Q4 2024 to a low of 26.97% in Q2 2023.
- A 5-year average of 29.51% and a median of 29.59% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin soared 578 bps — and 2025, when it tumbled 425 bps.
- Tracing MEDP's Gross Margin over 5 years: 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 declined by 2 bps to 28.51% in 2026.
- The last three Gross Margin figures came in at 28.51% (Q2 2026), 27.78% (Q1 2026), and 28.98% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.88 Bn | 209.81 Bn | 8.34 Bn | 69.57% |
| 2 | Danaher | 140.65 Bn | 136.30 Bn | 3.61 Bn | 57.64% |
| 3 | Idexx Laboratories | 46.02 Bn | 45.83 Bn | 779.09 Mn | 64.04% |
| 4 | Agilent Technologies | 39.85 Bn | 38.05 Bn | 990.00 Mn | 53.95% |
| 5 | Iqvia Holdings | 39.20 Bn | 37.12 Bn | 1.44 Bn | 32.85% |
| 6 | Natera | 38.80 Bn | 37.70 Bn | 696.04 Mn | 99.91% |
| 7 | Illumina | 30.11 Bn | 28.94 Bn | 770.00 Mn | 66.44% |
| 8 | Mettler Toledo International | 28.66 Bn | 28.61 Bn | 650.22 Mn | 63.29% |
| 9 | Quest Diagnostics | 26.24 Bn | 25.61 Bn | 1.03 Bn | 33.75% |
| 10 | Medpace Holdings | 16.54 Bn | 16.03 Bn | 201.64 Mn | 28.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 28.51% |
| 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% |