Medpace Holdings, Inc. income statement
In fiscal 2025, Medpace Holdings, Inc. reported revenue of $2.53bn, up 20.0% on the year before, operating income of $535m (a 21.1% margin) and net income of $451m, or $15.28 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 359 | 422 | 436 | 705 | 861 | 926 | 1,142 | 1,460 | 1,886 | 2,109 | 2,530 | 2,838 |
| Selling, general and administrative | 57 | 62 | 63 | 76 | 95 | 92 | 108 | 131 | 161 | 180 | 198 | 193 |
| Operating income | 21 | 52 | 65 | 101 | 127 | 167 | 199 | 279 | 337 | 447 | 535 | 607 |
| Income before tax | −8 | 22 | 57 | 94 | 125 | 169 | 202 | 283 | 336 | 476 | 542 | 627 |
| Income tax | 1 | 9 | 18 | 21 | 24 | 23 | 20 | 37 | 53 | 72 | 91 | 109 |
| Net income | −9 | 13 | 39 | 73 | 100 | 145 | 182 | 245 | 283 | 404 | 451 | 518 |
| Diluted EPS | −$0.28 | $0.37 | $0.98 | $1.97 | $2.67 | $3.84 | $4.81 | $7.28 | $8.88 | $12.63 | $15.28 | $18.04 |
| Diluted shares (average) | 31m | 36m | 40m | 37m | 38m | 38m | 38m | 34m | 32m | 32m | 30m | 29m |
| EBITDA | 27 | 60 | 73 | 110 | 136 | 179 | 215 | 298 | 361 | 475 | 562 | 634 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 537 | 559 | 603 | 660 | 708 | 707 | 707 | 716 |
| Selling, general and administrative | 45 | 58 | 47 | 48 | 45 | 48 | 48 | 52 |
| Operating income | 125 | 114 | 126 | 142 | 153 | 142 | 147 | 166 |
| Income before tax | 134 | 118 | 125 | 143 | 157 | 148 | 152 | 171 |
| Income tax | 17 | 4 | 34 | 32 | 22 | 24 | 30 | 33 |
| Net income | 117 | 115 | 90 | 111 | 135 | 124 | 121 | 137 |
| Diluted EPS | $3.67 | $3.67 | $3.10 | $3.86 | $4.64 | $4.28 | $4.25 | $4.84 |
| EBITDA | 133 | 120 | 133 | 149 | 160 | 148 | 153 | 172 |
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