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
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%