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| 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% |