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

Medpace Holdings, Inc. is the larger business by last-quarter revenue ($708.5M vs $453.2M, roughly 1.6× INNOSPEC INC.). Medpace Holdings, Inc. runs the higher net margin — 19.1% vs 6.8%, a 12.3% gap on every dollar of revenue. On growth, Medpace Holdings, Inc. posted the faster year-over-year revenue change (32.0% vs 2.8%). Over the past eight quarters, Medpace Holdings, Inc.'s revenue compounded faster (17.7% CAGR vs 2.1%).

Innospec Inc., formerly known as Octel Corporation and Associated Octel Company, Ltd., is an American specialty chemical company. It comprises three business units:The Performance Chemicals business trades in the personal care, home care, agrochemical, mining and industrial markets. The Fuel Specialties business specializes in manufacturing and supplying fuel additives. The Oilfield Services business supplies drilling, completion and production chemicals.

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.

IOSP vs MEDP — Head-to-Head

Bigger by revenue
MEDP
MEDP
1.6× larger
MEDP
$708.5M
$453.2M
IOSP
Growing faster (revenue YoY)
MEDP
MEDP
+29.2% gap
MEDP
32.0%
2.8%
IOSP
Higher net margin
MEDP
MEDP
12.3% more per $
MEDP
19.1%
6.8%
IOSP
Faster 2-yr revenue CAGR
MEDP
MEDP
Annualised
MEDP
17.7%
2.1%
IOSP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IOSP
IOSP
MEDP
MEDP
Revenue
$453.2M
$708.5M
Net Profit
$30.8M
$135.1M
Gross Margin
27.3%
Operating Margin
8.1%
21.6%
Net Margin
6.8%
19.1%
Revenue YoY
2.8%
32.0%
Net Profit YoY
-8.3%
15.5%
EPS (diluted)
$1.22
$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
IOSP
IOSP
MEDP
MEDP
Q1 26
$453.2M
Q4 25
$455.6M
$708.5M
Q3 25
$441.9M
$659.9M
Q2 25
$439.7M
$603.3M
Q1 25
$440.8M
$558.6M
Q4 24
$466.8M
$536.6M
Q3 24
$443.4M
$533.3M
Q2 24
$435.0M
$528.1M
Net Profit
IOSP
IOSP
MEDP
MEDP
Q1 26
$30.8M
Q4 25
$47.4M
$135.1M
Q3 25
$12.9M
$111.1M
Q2 25
$23.5M
$90.3M
Q1 25
$32.8M
$114.6M
Q4 24
$-70.4M
$117.0M
Q3 24
$33.4M
$96.4M
Q2 24
$31.2M
$88.4M
Gross Margin
IOSP
IOSP
MEDP
MEDP
Q1 26
27.3%
Q4 25
28.0%
Q3 25
26.4%
Q2 25
28.0%
Q1 25
28.4%
Q4 24
29.2%
Q3 24
28.0%
Q2 24
29.2%
Operating Margin
IOSP
IOSP
MEDP
MEDP
Q1 26
8.1%
Q4 25
10.3%
21.6%
Q3 25
1.3%
21.5%
Q2 25
7.8%
20.9%
Q1 25
9.6%
20.3%
Q4 24
8.8%
23.4%
Q3 24
10.3%
21.1%
Q2 24
9.4%
19.9%
Net Margin
IOSP
IOSP
MEDP
MEDP
Q1 26
6.8%
Q4 25
10.4%
19.1%
Q3 25
2.9%
16.8%
Q2 25
5.3%
15.0%
Q1 25
7.4%
20.5%
Q4 24
-15.1%
21.8%
Q3 24
7.5%
18.1%
Q2 24
7.2%
16.7%
EPS (diluted)
IOSP
IOSP
MEDP
MEDP
Q1 26
$1.22
Q4 25
$1.90
$4.65
Q3 25
$0.52
$3.86
Q2 25
$0.94
$3.10
Q1 25
$1.31
$3.67
Q4 24
$-2.80
$3.67
Q3 24
$1.33
$3.01
Q2 24
$1.24
$2.75

Balance Sheet & Financial Strength

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

Metric
IOSP
IOSP
MEDP
MEDP
Cash + ST InvestmentsLiquidity on hand
$289.1M
$497.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$459.1M
Total Assets
$1.8B
$2.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IOSP
IOSP
MEDP
MEDP
Q1 26
$289.1M
Q4 25
$292.5M
$497.0M
Q3 25
$270.8M
$285.4M
Q2 25
$266.6M
$46.3M
Q1 25
$299.8M
$441.4M
Q4 24
$289.2M
$669.4M
Q3 24
$303.8M
$656.9M
Q2 24
$240.2M
$510.9M
Stockholders' Equity
IOSP
IOSP
MEDP
MEDP
Q1 26
$1.4B
Q4 25
$1.3B
$459.1M
Q3 25
$1.3B
$293.6M
Q2 25
$1.3B
$172.4M
Q1 25
$1.3B
$593.6M
Q4 24
$1.2B
$825.5M
Q3 24
$1.2B
$881.4M
Q2 24
$1.2B
$763.6M
Total Assets
IOSP
IOSP
MEDP
MEDP
Q1 26
$1.8B
Q4 25
$1.8B
$2.0B
Q3 25
$1.8B
$1.8B
Q2 25
$1.8B
$1.6B
Q1 25
$1.8B
$1.9B
Q4 24
$1.7B
$2.1B
Q3 24
$1.8B
$2.1B
Q2 24
$1.7B
$1.9B

Cash Flow & Capital Efficiency

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

Metric
IOSP
IOSP
MEDP
MEDP
Operating Cash FlowLast quarter
$17.6M
$192.7M
Free Cash FlowOCF − Capex
$188.1M
FCF MarginFCF / Revenue
26.6%
Capex IntensityCapex / Revenue
2.0%
0.6%
Cash ConversionOCF / Net Profit
0.57×
1.43×
TTM Free Cash FlowTrailing 4 quarters
$681.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IOSP
IOSP
MEDP
MEDP
Q1 26
$17.6M
Q4 25
$61.4M
$192.7M
Q3 25
$39.3M
$246.2M
Q2 25
$9.3M
$148.5M
Q1 25
$28.3M
$125.8M
Q4 24
$25.7M
$190.7M
Q3 24
$73.5M
$149.1M
Q2 24
$4.7M
$116.4M
Free Cash Flow
IOSP
IOSP
MEDP
MEDP
Q1 26
Q4 25
$46.8M
$188.1M
Q3 25
$25.0M
$235.5M
Q2 25
$-3.7M
$142.4M
Q1 25
$19.9M
$115.8M
Q4 24
$13.6M
$183.0M
Q3 24
$65.8M
$138.5M
Q2 24
$-6.2M
$103.5M
FCF Margin
IOSP
IOSP
MEDP
MEDP
Q1 26
Q4 25
10.3%
26.6%
Q3 25
5.7%
35.7%
Q2 25
-0.8%
23.6%
Q1 25
4.5%
20.7%
Q4 24
2.9%
34.1%
Q3 24
14.8%
26.0%
Q2 24
-1.4%
19.6%
Capex Intensity
IOSP
IOSP
MEDP
MEDP
Q1 26
2.0%
Q4 25
3.2%
0.6%
Q3 25
3.2%
1.6%
Q2 25
3.0%
1.0%
Q1 25
1.9%
1.8%
Q4 24
2.6%
1.4%
Q3 24
1.7%
2.0%
Q2 24
2.5%
2.4%
Cash Conversion
IOSP
IOSP
MEDP
MEDP
Q1 26
0.57×
Q4 25
1.30×
1.43×
Q3 25
3.05×
2.22×
Q2 25
0.40×
1.65×
Q1 25
0.86×
1.10×
Q4 24
1.63×
Q3 24
2.20×
1.55×
Q2 24
0.15×
1.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IOSP
IOSP

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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