---
title: "Medpace Holdings Inc. Metrics Guide"
description: "Medpace Holdings Inc. revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained."
canonical: https://www.getswoopr.com/stocks/companies/medpace-holdings-inc/financial-metrics/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Medpace Holdings Inc. Financial Metrics Guide

## Direct Answer

> Medpace Holdings Inc. reported revenue of $2.5 billion for the fiscal year ended December 31, 2025, with an operating margin of 21.1% and net income of $451 million, according to its SEC filings. Revenue grew 20.0% from the prior year.

## What Are Medpace Holdings Inc.'s Key Financial Figures?

| Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 |
| --- | --- | --- | --- | --- |
| Revenue | $2.5 billion | $2.1 billion | $1.9 billion | $1.5 billion |
| Operating income | $535 million | $447 million | $337 million | $279 million |
| Operating margin | 21.1% | 21.2% | 17.9% | 19.1% |
| Net income | $451 million | $404 million | $283 million | $245 million |
| Net margin | 17.8% | 19.2% | 15.0% | 16.8% |
| Operating cash flow | $713 million | $609 million | $433 million | $388 million |
| Capital expenditures | $31 million | $37 million | $37 million | $37 million |
| Free cash flow | $682 million | $572 million | $397 million | $351 million |

Operating margin held roughly steady between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $682 million against net income of $451 million; cash generation covered reported earnings.

![Bar chart of Medpace Holdings Inc. revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $2.5 billion, operating income $535 million and net income $451 million.](https://www.getswoopr.com/images/charts/medpace-holdings-inc-metrics-revenue-profit.webp)
*Medpace Holdings Inc. revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.*

![Line chart of Medpace Holdings Inc. operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was 21.1% and net margin was 17.8%.](https://www.getswoopr.com/images/charts/medpace-holdings-inc-metrics-margins.webp)
*Medpace Holdings Inc. operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.*

![Bar chart of Medpace Holdings Inc. operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $713 million, capital expenditures was $31 million, free cash flow was $682 million.](https://www.getswoopr.com/images/charts/medpace-holdings-inc-metrics-cash-flow.webp)
*Medpace Holdings Inc. operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.*

## What Does Medpace Holdings Inc.'s Balance Sheet Show?

| Cash and cash equivalents | $497 million |
| --- | --- |
| Long-term debt | Not reported |
| Total assets | $2.0 billion |
| Total liabilities | $1.5 billion |
| Shareholders' equity | $459 million |
| Current ratio | 0.7x |

Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.

## Where These Numbers Come From

Every figure on this page is a value Medpace Holdings Inc. reported in its own SEC filings, read from the SEC's XBRL data (accession 0001668397-26-000006 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What was Medpace Holdings Inc.'s revenue in fiscal 2025?

Medpace Holdings Inc. reported revenue of $2.5 billion for the fiscal year ended December 31, 2025, according to its SEC filings.

### What is Medpace Holdings Inc.'s operating margin?

Medpace Holdings Inc.'s operating margin was 21.1% in fiscal 2025: operating income of $535 million on revenue of $2.5 billion.

### How much free cash flow did Medpace Holdings Inc. generate?

Operating cash flow of $713 million less capital expenditures of $31 million gives free cash flow of $682 million for fiscal 2025.

## References

- [SEC EDGAR: Medpace Holdings, Inc. Form 10-K filed February 10, 2026](https://www.sec.gov/Archives/edgar/data/1668397/000166839726000006/medp-20251231.htm)
- [SEC EDGAR: Medpace Holdings, Inc. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1668397&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Medpace Holdings Inc. company dossier](https://www.getswoopr.com/stocks/companies/medpace-holdings-inc/)
- [Medpace Holdings Inc. financial metrics](https://www.getswoopr.com/stocks/companies/medpace-holdings-inc/financial-metrics/)
- [Medpace Holdings Inc. financial risk indicators](https://www.getswoopr.com/stocks/companies/medpace-holdings-inc/risks-monitoring/)
- [Medpace Holdings Inc. business model and revenue mix](https://www.getswoopr.com/stocks/companies/medpace-holdings-inc/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)

Swoopr's editorial team produces independent investment education content. Content is for educational purposes only and does not constitute personalized investment advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).