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Medpace Holdings, Inc. MEDP Direct Costs — Labor and Related Expense
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Where this comes from
Reported directly by Medpace Holdings, Inc. in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
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
| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Revenue, net | $707,331 | $603,311 | $1,413,935 | $1,161,881 |
| Operating expenses: | ||||
| Direct service costs, excluding depreciation and amortization - Employee compensation | 163,089 | 147,942 | 327,692 | 291,869 |
| Direct service costs, excluding depreciation and amortization - Other segment items (a) | 39,466 | 37,884 | 73,137 | 71,773 |
| Reimbursed out-of-pocket expenses | 303,139 | 237,472 | 615,143 | 439,876 |
| Total direct costs | 505,694 | 423,298 | 1,015,972 | 803,518 |
| Selling, general and administrative | 48,103 | 46,664 | 96,020 | 104,561 |
| Depreciation | 6,555 | 6,777 | 13,306 | 13,471 |
Item 1. Financial Statements (unaudited)
FAQ
- What is Medpace Holdings, Inc.'s direct costs — labor and related expense?
- Medpace Holdings, Inc. (MEDP) reported direct costs — labor and related expense of $163.09M in Q2 2026.
- How has Medpace Holdings, Inc.'s direct costs — labor and related expense changed year-over-year?
- Medpace Holdings, Inc.'s direct costs — labor and related expense increased by 10.2% year-over-year, from $147.94M to $163.09M.
- What is the long-term trend for Medpace Holdings, Inc.'s direct costs — labor and related expense?
- Over 3 years (2022 to 2025), Medpace Holdings, Inc.'s direct costs — labor and related expense has grown at a 12.8% compound annual growth rate (CAGR), from $410.51M to $588.79M.
- What does direct costs — labor and related expense mean?
- This metric captures the compensation, benefits, and associated payroll costs for employees directly involved in clinical trial execution and project management. As a human-capital-intensive business, these costs represent the largest component of the company's service delivery expenses. Tracking this allows investors to assess the company's ability to manage its primary resource—skilled clinical research personnel—against project demand.
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