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Side-by-side financial comparison of AMDOCS LTD (DOX) and Medpace Holdings, Inc. (MEDP). Click either name above to swap in a different company.

AMDOCS LTD is the larger business by last-quarter revenue ($1.3B vs $708.5M, roughly 1.8× Medpace Holdings, Inc.). Medpace Holdings, Inc. runs the higher net margin — 19.1% vs 11.2%, a 7.9% gap on every dollar of revenue. On growth, Medpace Holdings, Inc. posted the faster year-over-year revenue change (32.0% vs 1.1%). Over the past eight quarters, Medpace Holdings, Inc.'s revenue compounded faster (17.7% CAGR vs 4.5%).

Amdocs Limited is a multinational telecommunications technology company headquartered in Chesterfield, Missouri. The company specializes in software and services for communications, media and financial services providers and digital enterprises. Amdocs was founded in 1982 and is publicly traded on the Nasdaq stock exchange.

Medpace Holdings, Inc. is a global clinical research organization (CRO) based in Cincinnati, Ohio, employing approximately 6,000 people. Operating under a full-service model, the company also offers global central laboratory, imaging core laboratory, and bioanalytical laboratory services, as well as a Phase I unit located on its headquarters and clinical research campus in Cincinnati, Ohio.

DOX vs MEDP — Head-to-Head

Bigger by revenue
DOX
DOX
1.8× larger
DOX
$1.3B
$708.5M
MEDP
Growing faster (revenue YoY)
MEDP
MEDP
+30.9% gap
MEDP
32.0%
1.1%
DOX
Higher net margin
MEDP
MEDP
7.9% more per $
MEDP
19.1%
11.2%
DOX
Faster 2-yr revenue CAGR
MEDP
MEDP
Annualised
MEDP
17.7%
4.5%
DOX

Income Statement — Q3 FY2024 vs Q4 FY2025

Metric
DOX
DOX
MEDP
MEDP
Revenue
$1.3B
$708.5M
Net Profit
$140.3M
$135.1M
Gross Margin
Operating Margin
14.1%
21.6%
Net Margin
11.2%
19.1%
Revenue YoY
1.1%
32.0%
Net Profit YoY
-12.0%
15.5%
EPS (diluted)
$1.21
$4.65

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DOX
DOX
MEDP
MEDP
Q4 25
$708.5M
Q3 25
$659.9M
Q2 25
$603.3M
Q1 25
$558.6M
Q4 24
$536.6M
Q3 24
$533.3M
Q2 24
$1.3B
$528.1M
Q1 24
$1.2B
$511.0M
Net Profit
DOX
DOX
MEDP
MEDP
Q4 25
$135.1M
Q3 25
$111.1M
Q2 25
$90.3M
Q1 25
$114.6M
Q4 24
$117.0M
Q3 24
$96.4M
Q2 24
$140.3M
$88.4M
Q1 24
$118.5M
$102.6M
Operating Margin
DOX
DOX
MEDP
MEDP
Q4 25
21.6%
Q3 25
21.5%
Q2 25
20.9%
Q1 25
20.3%
Q4 24
23.4%
Q3 24
21.1%
Q2 24
14.1%
19.9%
Q1 24
12.5%
20.4%
Net Margin
DOX
DOX
MEDP
MEDP
Q4 25
19.1%
Q3 25
16.8%
Q2 25
15.0%
Q1 25
20.5%
Q4 24
21.8%
Q3 24
18.1%
Q2 24
11.2%
16.7%
Q1 24
9.5%
20.1%
EPS (diluted)
DOX
DOX
MEDP
MEDP
Q4 25
$4.65
Q3 25
$3.86
Q2 25
$3.10
Q1 25
$3.67
Q4 24
$3.67
Q3 24
$3.01
Q2 24
$1.21
$2.75
Q1 24
$1.01
$3.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOX
DOX
MEDP
MEDP
Cash + ST InvestmentsLiquidity on hand
$497.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$459.1M
Total Assets
$2.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOX
DOX
MEDP
MEDP
Q4 25
$497.0M
Q3 25
$285.4M
Q2 25
$46.3M
Q1 25
$441.4M
Q4 24
$669.4M
Q3 24
$656.9M
Q2 24
$510.9M
Q1 24
$407.0M
Stockholders' Equity
DOX
DOX
MEDP
MEDP
Q4 25
$459.1M
Q3 25
$293.6M
Q2 25
$172.4M
Q1 25
$593.6M
Q4 24
$825.5M
Q3 24
$881.4M
Q2 24
$763.6M
Q1 24
$671.5M
Total Assets
DOX
DOX
MEDP
MEDP
Q4 25
$2.0B
Q3 25
$1.8B
Q2 25
$1.6B
Q1 25
$1.9B
Q4 24
$2.1B
Q3 24
$2.1B
Q2 24
$1.9B
Q1 24
$1.8B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DOX
DOX
MEDP
MEDP
Operating Cash FlowLast quarter
$192.7M
Free Cash FlowOCF − Capex
$188.1M
FCF MarginFCF / Revenue
26.6%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
1.43×
TTM Free Cash FlowTrailing 4 quarters
$681.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOX
DOX
MEDP
MEDP
Q4 25
$192.7M
Q3 25
$246.2M
Q2 25
$148.5M
Q1 25
$125.8M
Q4 24
$190.7M
Q3 24
$149.1M
Q2 24
$116.4M
Q1 24
$152.7M
Free Cash Flow
DOX
DOX
MEDP
MEDP
Q4 25
$188.1M
Q3 25
$235.5M
Q2 25
$142.4M
Q1 25
$115.8M
Q4 24
$183.0M
Q3 24
$138.5M
Q2 24
$103.5M
Q1 24
$147.2M
FCF Margin
DOX
DOX
MEDP
MEDP
Q4 25
26.6%
Q3 25
35.7%
Q2 25
23.6%
Q1 25
20.7%
Q4 24
34.1%
Q3 24
26.0%
Q2 24
19.6%
Q1 24
28.8%
Capex Intensity
DOX
DOX
MEDP
MEDP
Q4 25
0.6%
Q3 25
1.6%
Q2 25
1.0%
Q1 25
1.8%
Q4 24
1.4%
Q3 24
2.0%
Q2 24
2.4%
Q1 24
1.1%
Cash Conversion
DOX
DOX
MEDP
MEDP
Q4 25
1.43×
Q3 25
2.22×
Q2 25
1.65×
Q1 25
1.10×
Q4 24
1.63×
Q3 24
1.55×
Q2 24
1.32×
Q1 24
1.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DOX
DOX

Segment breakdown not available.

MEDP
MEDP

Metabolic$249.8M35%
Oncology$195.9M28%
Other$88.3M12%
Central Nervous System$73.2M10%
Cardiology$63.0M9%
Antiviral And Anti Infective$38.3M5%
Related Party$10.3M1%

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