Medpace Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,530	2,109	1,886	1,460	1,142
Revenue Growth (YoY)	19.97%	11.84%	29.17%	27.80%	23.38%
Cost of Revenue	1,770	1,453	1,361	1,028	814.22
Gross Profit	760.62	656.31	524.51	432.44	328.16
Selling, General & Admin	197.56	180.18	161.35	131.4	108.42
Depreciation & Amortization Expenses	28.12	29.25	26.33	22.34	21.12
Total Operating Expenses	225.68	209.44	187.68	153.74	129.54
Operating Income	534.94	446.87	336.83	278.7	198.62
Interest Income	12.78	25	-0.49	-2.91	-0.11
Other Non-Operating Income (Expense)	-5.34	4.06	-0.66	7.07	3.34
Total Non-Operating Income (Expense)	7.44	29.05	-1.14	4.16	3.24
Pretax Income	542.38	475.92	335.68	282.86	201.85
Provision for Income Taxes	91.25	71.54	52.87	37.49	20
Net Income	451.12	404.39	282.81	245.37	181.85
Net Income to Common	451.12	404.39	282.81	245.37	181.85
Net Income Growth	11.56%	42.99%	15.26%	34.93%	25.08%
Shares Outstanding (Basic)	29	31	31	32	36
Shares Outstanding (Diluted)	30	32	32	34	38
Shares Change (YoY)	-7.77%	0.54%	-5.44%	-10.68%	-0.03%
EPS (Basic)	15.64	13.06	9.20	7.57	5.06
EPS (Diluted)	15.28	12.63	8.88	7.28	4.81
EPS Growth	20.98%	42.23%	21.98%	51.35%	25.26%
Shares Outstanding	28.3	30.63	30.75	31.09	36.01
Free Cash Flow	681.87	572.27	396.73	351.17	235.06
Free Cash Flow Growth	19.15%	44.25%	12.97%	49.40%	3.40%
Free Cash Flow Per Share	23.09	17.88	12.46	10.43	6.24
Gross Margin	30.06%	31.12%	27.81%	29.62%	28.73%
Operating Margin	21.14%	21.19%	17.86%	19.09%	17.39%
Profit Margin	17.83%	19.17%	15.00%	16.81%	15.92%
FCF Margin	26.95%	27.13%	21.04%	24.05%	20.58%
EBITDA	563.06	476.12	363.15	301.04	219.73
EBITDA Margin	22.25%	22.58%	19.26%	20.62%	19.23%
EBIT	534.94	446.87	336.83	278.7	198.62
EBIT Margin	21.14%	21.19%	17.86%	19.09%	17.39%
Effective Tax Rate	16.82%	15.03%	15.75%	13.25%	9.91%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q