Medpace Holdings (MEDP) Operating Expenses (2015 - 2026)
Medpace Holdings (MEDP) reported Operating Expenses of $565.1 million for Q1 2026, up 26.98% on a YoY basis from $445.0 million in Q1 2025, and up 1.79% quarter-over-quarter from $555.2 million in Q4 2025.
Medpace Holdings (MEDP) Operating Expenses (2015 - 2026) Analysis & Trends
Medpace Holdings has reported Operating Expenses for 12 years, with the latest figure at $565.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 26.98% year-over-year to $565.1 million; the trailing twelve-month figure through Mar 2026 stood at $2.1 billion (up 24.41% YoY), and the FY2025 full-year result was $2.0 billion, up 20.04% from the prior year.
- Operating Expenses for Q1 2026 stood at $565.1 million, up from $555.2 million in the prior quarter.
- The five-year high for Operating Expenses was $565.1 million in Q1 2026, with the low at $266.7 million in Q1 2022.
- Historically, Operating Expenses has averaged $409.0 million across 5 years, with a median of $411.1 million in 2023.
- Annual changes were most pronounced in 2024 — Operating Expenses gained 0.03% — and 2025, when it jumped 35.01%.
- Medpace Holdings' Operating Expenses stood at $317.7 million in 2022, then grew by 29.41% to $411.1 million in 2023, then climbed by 0.03% to $411.2 million in 2024, then surged by 35.01% to $555.2 million in 2025, then increased by 1.79% to $565.1 million in 2026.
- The last three Operating Expenses figures came in at $565.1 million (Q1 2026), $555.2 million (Q4 2025), and $518.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 1.44 Bn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 553.00 Mn |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 790.16 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 316.87 Mn |
| 10 | Medpace Holdings | 13.03 Bn | 12.38 Bn | 196.33 Mn | 565.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 565.10 Mn |
| Dec 31, 2025 | 555.18 Mn |
| Sep 30, 2025 | 518.10 Mn |
| Jun 30, 2025 | 476.98 Mn |
| Mar 31, 2025 | 445.05 Mn |
| Dec 31, 2024 | 411.21 Mn |
| Sep 30, 2024 | 421.04 Mn |
| Jun 30, 2024 | 422.95 Mn |
| Mar 31, 2024 | 406.98 Mn |
| Dec 31, 2023 | 411.08 Mn |
| Sep 30, 2023 | 407.59 Mn |
| Jun 30, 2023 | 382.48 Mn |
| Mar 31, 2023 | 347.87 Mn |
| Dec 31, 2022 | 317.67 Mn |
| Sep 30, 2022 | 305.92 Mn |
| Jun 30, 2022 | 290.97 Mn |
| Mar 31, 2022 | 266.74 Mn |
| Dec 31, 2021 | 253.70 Mn |
| Sep 30, 2021 | 241.85 Mn |
| Jun 30, 2021 | 235.85 Mn |