Medpace Holdings Inc

MEDP: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Medpace Earnings: Stock Soars 55% on Significantly Higher Backlog Conversion and Fewer Cancellations

Rachel Elfman

Jul 23, 2025

Medpace's second-quarter revenue increased 14% from the prior year, and its backlog conversion rate was 21%. Management increased its 2025 revenue guidance by 13% at the midpoint and raised its net income guidance by nearly 7%. Shares soared 55% on the better-than-expected results.

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Medpace Holdings Inc

Medpace Earnings: Stock Soars 55% on Significantly Higher Backlog Conversion and Fewer Cancellations

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