Medpace Holdings, Inc. provides clinical research-based drug and medical device development services in North America, Europe, and Asia. It offers a suite of services supporting the clinical development process from Phase I to Phase IV in various therapeutic areas. The company also provides clinical development services to the pharmaceutical, biotechnology, and medical device industries; and development plan design, coordinated central laboratory, project management, regulatory affairs, clinical monitoring, data management and analysis, pharmacovigilance new drug application submissions, and post-marketing clinical support services. In addition, it offers bio-analytical laboratory services, clinical human pharmacology, imaging services, and electrocardiography reading support for clinical trials. The company was founded in 1992 and is based in Cincinnati, Ohio.

Medpace Holdings, Inc.

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Income Statement	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Total Revenues	1,161.9	1,069.9	1,039.1	990.9	894.9	777.8
Total Revenues %Chg	11.8%	8%	16.1%	27.4%	31.2%	28.8%
Revenue, Net
Cost of Sales	803.5	722.6	730.2	720.9	640.4	543.1
Direct Service Costs, Excluding Depreciation and Amortization
Reimbursed Out-of-Pocket Expenses
Gross Profit	358.4	347.3	309	270	254.5	234.8
Gross Profit Margin	30.8%	32.5%	29.7%	27.2%	28.4%	30.2%
Selling, General & Administrative Expenses	104.6	94.7	85.5	83.9	77.4	68.8
Selling, General and Administrative
Depreciation & Amortization Expenses	13.9	15	14.2	13.9	12.5	11.7
Depreciation
Amortization
Operating Profit	239.9	237.7	209.2	172.2	164.6	154.3
Income from Operations
Operating Margin	20.6%	22.2%	20.1%	17.4%	18.4%	19.8%
Interest and Investment Income	7.5	-9.6	9.6	—	—	—
Interest Income, Net
Interest Expense	—	25	—	1.7	-2.2	-2.4
Interest Expense, Net
Interest Income (Expense), Net
Non-Operating Income	-4.7	23.6	4.5	1.7	-2.8	0.8
Loss on Extinguishment of Debt
Miscellaneous (Expense) Income, Net
Interest Income (Expense), Net
Miscellaneous Income, Net
Total Non-Operating Income	2.9	39	14	3.4	-5.1	-1.6
Income Before Provision for Income Taxes	242.7	252.7	223.3	173.9	161.8	155.5
Income Before Income Taxes
Provision for Income Taxes	37.9	39.2	32.3	25.1	27.8	20.8
Income Tax Provision
Consolidated Net Income	204.9	213.4	190.9	148.8	134	134.7
Net Income
Net Income Attributable to Common Shareholders	204.9	213.4	190.9	148.8	134	134.7
Net Income
Basic EPS	7	6.9	6.2	4.9	4.4	4.3
Diluted EPS	6.8	6.7	6	4.7	4.2	4.1
Basic Weighted Average Shares Outstanding	29.5	31	30.9	30.7	30.8	31.1
Total Shares Outstanding	28.1	30.6	31	30.8	30.6	31.1
Diluted Weighted Average Shares Outstanding	30.2	32	32	31.8	31.9	32.3
EBITDA	253.8	252.7	223.4	186.1	177.1	165.9
Effective Tax Rate	15.6%	15.5%	14.5%	14.4%	17.2%	13.4%