Medpace Holdings (MEDP) Gross Margin (2015 - 2026)
Medpace Holdings (MEDP) posted Gross Margin of 27.78% for Q1 2026, down 4.13% quarter-over-quarter from 28.98% in Q4 2025, and down 415.0% year-on-year from 8.82% in Q1 2025.
Medpace Holdings (MEDP) Gross Margin (2015 - 2026) Analysis & Trends
Medpace Holdings (MEDP) has reported Gross Margin for 12 consecutive years, with 27.78% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 27.78%, down 415.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 29.07% (down 244.0% YoY), and the FY2025 annual result was 30.06%, down 106.0% from the prior year.
- Gross Margin was 27.78% for Q1 2026 at Medpace Holdings, down from 28.98% in the prior quarter.
- Over five years, Gross Margin peaked at 33.23% in Q4 2024 and troughed at 26.97% in Q2 2023.
- Average Gross Margin over 5 years is 29.57%, with a median of 29.82% recorded in 2022.
- Year-over-year, Gross Margin surged 578 bps in 2024 and sank 425 bps in 2025.
- Over 5 years, Gross Margin stood at 29.37% in 2022, then declined by 7 bps to 27.45% in 2023, then grew by 21 bps to 33.23% in 2024, then decreased by 13 bps to 28.98% in 2025, then dropped by 4 bps to 27.78% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 27.78% in Q1 2026, 28.98% in Q4 2025, and 29.84% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 87.77% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 70.37% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 60.34% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 63.35% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 99.91% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 53.95% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 32.64% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 66.09% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 58.68% |
| 10 | Medpace Holdings | 15.46 Bn | 14.81 Bn | 196.33 Mn | 27.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |