Merck & Co., Inc. (MRK)

Merck & Co. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Quarter	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021
Cash & Equivalents	5,327	14,565	18,169	8,007	8,629	13,242	14,593	11,304	5,579	6,841	8,605	5,660	9,707	12,694	11,145	9,675	8,556	8,096	10,016	8,575
Short-Term Investments	375	-	45	615	599	447	-	50	40	252	168	718	680	498	103	453	372	-	-	-
Cash & Short-Term Investments	5,702	14,565	18,214	8,622	9,228	13,689	14,593	11,354	5,619	7,093	8,773	6,378	10,387	13,192	11,248	10,128	8,928	8,096	10,016	8,575
Cash Growth	-38.21%	6.40%	24.81%	-24.06%	64.23%	92.99%	66.34%	78.02%	-45.90%	-46.23%	-22.00%	-37.03%	16.34%	62.94%	12.30%	18.11%	27.89%	0.57%	36.16%	-22.77%
Accounts Receivable	12,210	11,775	12,120	11,846	10,790	10,278	11,381	11,642	11,366	10,349	10,394	11,030	10,415	9,450	9,482	9,643	9,828	9,230	8,571	7,843
Inventory	6,479	6,658	6,444	6,601	6,196	6,109	6,244	6,469	6,510	6,358	6,131	5,930	5,863	5,911	5,614	5,535	5,774	5,953	5,603	5,499
Other Current Assets	10,624	10,518	10,779	9,996	9,289	8,706	8,143	8,740	7,950	8,368	6,656	6,639	6,737	7,169	7,217	6,810	6,654	6,987	6,868	6,748
Total Current Assets	35,015	43,516	47,557	37,065	35,503	38,782	40,361	38,205	31,445	32,168	31,954	29,977	33,402	35,722	33,561	32,116	31,184	30,266	31,058	28,665
Net Property, Plant & Equipment	25,433	25,316	25,639	25,236	24,793	23,779	23,446	23,221	23,045	23,051	22,526	22,231	21,758	21,422	20,424	20,059	19,747	19,279	18,565	18,064
Other Intangible Assets	25,745	26,681	15,313	15,193	15,758	16,370	17,010	16,984	17,572	18,011	19,199	19,665	19,857	20,269	21,368	22,497	23,022	22,933	13,384	13,622
Goodwill	21,581	21,579	21,587	21,591	21,684	21,668	21,697	21,161	21,181	21,197	21,183	21,195	21,209	21,204	21,160	21,213	21,258	21,264	18,862	18,873
Long-Term Investments	1,105	956	1,117	774	616	463	575	357	280	252	1,306	1,214	1,290	1,015	984	238	316	370	435	411
Other Long-Term Assets	19,806	18,818	18,333	17,664	16,768	16,044	14,443	12,702	12,326	11,996	10,559	10,187	10,280	9,528	9,584	10,972	11,141	11,582	11,190	11,053
Total Assets	128,685	136,866	129,546	117,523	115,122	117,106	117,532	112,630	105,849	106,675	106,727	104,469	107,796	109,160	107,081	107,095	106,668	105,694	93,494	90,688
Accounts Payable	3,863	4,404	4,147	3,892	3,784	4,079	3,586	3,519	3,514	3,922	3,509	3,442	3,680	4,264	3,371	3,482	3,715	4,609	3,366	3,897
Accrued Expenses	14,549	14,468	16,186	14,502	12,772	15,694	16,539	14,712	14,102	15,766	14,840	13,747	13,000	14,159	14,222	13,501	14,051	13,859	14,214	12,888
Short-Term Debt	2,444	2,589	1,405	1,434	1,360	2,649	3,149	3,071	3,077	1,372	887	2,839	2,672	1,946	1,936	2,979	1,208	2,412	3,534	2,488
Other Current Liabilities	6,089	6,866	6,890	6,209	7,258	5,998	6,312	4,758	4,406	4,634	3,858	3,366	3,779	3,870	3,469	3,206	3,342	2,992	2,614	2,633
Total Current Liabilities	26,945	28,327	28,628	26,037	25,174	28,420	29,586	26,060	25,099	25,694	23,094	23,394	23,131	24,239	22,998	23,168	22,316	23,872	23,728	21,906
Long-Term Debt	46,673	46,750	39,969	33,968	33,484	34,462	34,982	34,717	31,142	33,683	33,972	34,072	28,074	28,745	28,482	28,684	30,586	30,690	22,907	24,033
Other Long-Term Liabilities	9,136	9,127	9,042	8,458	8,064	7,852	8,404	8,205	9,184	9,663	8,361	8,261	9,686	10,118	11,077	11,925	12,813	12,875	10,996	11,361
Total Long-Term Liabilities	55,809	55,877	49,011	42,426	41,548	42,314	43,386	42,922	40,326	43,346	42,333	42,333	37,760	38,863	39,559	40,609	43,399	43,565	33,903	35,394
Total Liabilities	82,754	84,204	77,639	68,463	66,722	70,734	72,972	68,982	65,425	69,040	65,427	65,727	60,891	63,102	62,557	63,777	65,715	67,437	57,631	57,300
Common Stock	1,788	1,788	1,788	1,788	1,788	1,788	1,788	1,788	1,788	1,788	1,788	1,788	1,788	1,788	1,788	1,788	1,788	1,788	1,788	1,788
Treasury Stock	-63,747	-62,999	-61,799	-60,495	-59,401	-58,303	-57,829	-57,394	-57,445	-57,450	-57,066	-56,612	-56,577	-56,489	-56,758	-56,770	-57,063	-57,109	-57,244	-56,682
Additional Paid-in Capital	45,176	45,029	44,832	44,644	44,816	44,704	44,530	44,362	44,598	44,509	44,358	44,219	44,467	44,379	44,243	44,115	44,275	44,238	44,149	44,039
Accumulated Other Comprehensive Income	-4,060	-4,287	-5,202	-5,421	-4,965	-4,945	-5,371	-5,361	-5,274	-5,161	-4,916	-4,900	-4,883	-4,768	-4,743	-4,327	-4,369	-4,429	-4,590	-4,628
Retained Earnings	66,721	73,075	72,231	68,477	66,097	63,069	61,384	60,187	56,697	53,895	57,082	54,198	62,039	61,081	59,928	58,437	56,252	53,696	51,691	48,777
Total Common Shareholders' Equity	45,878	52,606	51,850	48,993	48,335	46,313	44,502	43,582	40,364	37,581	41,246	38,693	46,834	45,991	44,458	43,243	40,883	38,184	35,794	33,294
Minority Interest	53	56	57	67	65	59	58	66	60	54	54	49	71	67	66	75	70	73	69	94
Shareholders' Equity	45,931	52,662	51,907	49,060	48,400	46,372	44,560	43,648	40,424	37,635	41,300	38,742	46,905	46,058	44,524	43,318	40,953	38,257	35,863	33,388
Total Liabilities & Equity	128,685	136,866	129,546	117,523	115,122	117,106	117,532	112,630	105,849	106,675	106,727	104,469	107,796	109,160	107,081	107,095	106,668	105,694	93,494	90,688
Total Debt	49,117	49,339	41,374	35,402	34,844	37,111	38,131	37,788	34,219	35,055	34,859	36,911	30,746	30,691	30,418	31,663	31,794	33,102	26,441	26,521
Net Cash (Debt)	-43,415	-34,774	-23,160	-26,780	-25,616	-23,422	-23,538	-26,434	-28,600	-27,962	-26,086	-30,533	-20,359	-17,499	-19,170	-21,535	-22,866	-25,006	-16,425	-17,946
Net Cash Per Share	-17.56	-13.98	-9.27	-10.66	-10.12	-9.23	-9.26	-10.39	-11.24	-11.04	-10.25	-12.03	-7.98	-6.87	-7.54	-8.48	-9.01	-9.86	-6.48	-7.07
Book Value	45,878	52,606	51,850	48,993	48,335	46,313	44,502	43,582	40,364	37,581	41,246	38,693	46,834	45,991	44,458	43,243	40,883	38,184	35,794	33,294
Book Value Per Share	18.56	21.14	20.76	19.50	19.10	18.25	17.51	17.13	15.87	14.84	16.20	15.24	18.36	18.05	17.49	17.02	16.11	15.06	14.11	13.11
Tangible Book Value	-1,448	4,346	14,950	12,209	10,893	8,275	5,795	5,437	1,611	-1,627	864	-2,167	5,768	4,518	1,930	-467	-3,397	-6,013	3,548	799
Tangible Book Value Per Share	-0.59	1.75	5.98	4.86	4.30	3.26	2.28	2.14	0.63	-0.64	0.34	-0.85	2.26	1.77	0.76	-0.18	-1.34	-2.37	1.40	0.31

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: May 4, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jun 30, 2026

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