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Medpace Holdings, Inc. MEDP Production and delivery

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Segments

By product

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Reimbursable Out of Pocket Costs$303.14M+27.7%
Direct Costs$202.56M+9.0%

By segment

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Reportable Segment$505.69M+19.5%

Other financials

Income statement

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Revenue$707.3M+17.2%
Operating income$146.8M+16.2%
Net income$121.4M+34.5%
EPS (diluted)$4.25+37.1%

Balance sheet

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Cash & equivalents$502.7M+985%
Total debt$144.1M-3.8%
Total equity$433.9M+152%
Total assets$2.1B+30.9%

Cash flow

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Operating cash flow$162.0M+9.1%
CapEx$23.9M+291%
Free cash flow$138.1M-3.0%

Valuation

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Market cap$16.41B+35.7%
Enterprise value$16.05B+31.6%
P/E33.4×+4.5×
P/S5.9×+0.5×

Profitability

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Operating margin21%-0.4pp
Net margin17.7%-1.1pp
FCF margin25.4%-0.6pp

Returns & leverage

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Return on equity162.2%+72.8pp
Debt / equity0.3×-0.5×
Current ratio0.7×+0.3×

Where this comes from

Reported directly by Medpace Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:DirectOperatingCosts.

The source filing: Medpace Holdings, Inc.’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001668397-26-000025
(Amounts in thousands, except per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating expenses:
Direct service costs, excluding depreciation and amortization202,555185,826400,829363,642
Reimbursed out-of-pocket expenses303,139237,472615,143439,876
Total direct costs505,694423,2981,015,972803,518
Selling, general and administrative48,10346,66496,020104,561
Depreciation6,5556,77713,30613,471
Amortization155237310473
Total operating expenses560,507476,9761,125,608922,023

Item 1. Financial Statements (unaudited)

FAQ

What is Medpace Holdings, Inc.'s production and delivery?
Medpace Holdings, Inc. (MEDP) reported production and delivery of $505.69M in Q2 2026.
How has Medpace Holdings, Inc.'s production and delivery changed year-over-year?
Medpace Holdings, Inc.'s production and delivery increased by 19.5% year-over-year, from $423.3M to $505.69M.
What is the long-term trend for Medpace Holdings, Inc.'s production and delivery?
Over 4 years (2021 to 2025), Medpace Holdings, Inc.'s production and delivery has grown at a 21.4% compound annual growth rate (CAGR), from $814.22M to $1.77B.
What does production and delivery mean?
Direct operating costs represent the expenses directly attributable to the delivery of clinical research services, including personnel costs for clinical staff and site-related expenses. This metric is critical for assessing the efficiency of service delivery and the direct cost structure required to support project volume.

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