Medpace Holdings Inc

MEDP: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Medpace Earnings: Solid Growth Amid Fewer Cancellations; Replenishing Backlog Will Be Key

Rachel Elfman

Oct 24, 2025

Medpace's third-quarter revenue increased nearly 24% from the prior-year period. Management raised its 2025 revenue and adjusted EBITDA guidance by 1.4% and 3.8% at the midpoint, respectively. Net new business awards totaled $789 million, and Medpace reported a net book/bill ratio of 1.20.

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Medpace Holdings Inc

Medpace Earnings: Solid Growth Amid Fewer Cancellations; Replenishing Backlog Will Be Key

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