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Merck & Co., Inc. (MRK)
NYSE: MRK · Real-Time Price · USD
145.43
+1.50 (1.04%)
Sep 14, 2026, 1:28 PM EDT - Market open

Merck & Co. Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
66,56965,76865,01164,23563,61663,92264,16863,17462,48061,40360,11559,31558,31157,86959,28358,97457,16953,97848,70446,131
Revenue Growth (YoY)
4.64%2.89%1.31%1.68%1.82%4.10%6.74%6.51%7.15%6.11%1.40%0.58%2.00%7.21%21.72%27.84%30.21%28.96%17.31%8.70%
Cost of Revenue
16,04315,30714,81514,22714,37014,65714,69814,78615,12815,44215,91515,96315,61315,76917,20617,45016,97115,85113,46612,511
Gross Profit
50,52650,46150,19650,00849,24649,26549,47048,38847,35245,96144,20043,35242,69842,10042,07741,52440,19838,12735,23833,620
Selling, General & Admin
10,55610,27710,11510,07310,13510,18610,10010,0509,8479,8399,8849,8399,9349,8519,6699,8409,7769,4899,4039,260
Research & Development
16,48715,65115,61412,74615,26314,66814,48122,20018,86818,59218,34212,55612,88112,43311,91811,92310,94010,51511,94210,725
Operating Expenses
27,04325,92825,72922,81925,39824,85424,58132,25028,71528,43128,22622,39522,81522,28421,58721,76320,71620,00421,34519,985
Operating Income
23,48324,53324,46727,18923,84824,41124,88916,13818,63717,53015,97420,95719,88319,81620,49019,76119,48218,12313,89313,635
Interest Expense
-1,743-1,523-1,357-1,273-1,276-1,281-1,271-1,253-1,240-1,207-1,146-1,071-998-961-962-936-888-849-806-804
Interest & Investment Income
23526934342045245141533928532636539035626215710774683638
Currency Exchange Gain (Loss)
-231-271-323-273-250-234-227-339-392-392-370-225-235-259-237-315-266-295-297-258
Other Non Operating Income (Expenses)
14115420394366338290446.5271353419.5549634.5636.5681597459352256136
EBT Excluding Unusual Items
21,88523,16223,33326,15723,14023,68524,09615,33217,56116,61015,24320,60019,64119,49520,12919,21418,86117,39913,08212,747
Merger & Restructuring Charges
-16,527-11,978-2,634-4,917-4,150-3,647-4,344-1,102-1,799-11,955-12,342-12,048-11,903-1,828-666-481-383-2,217-868-7,538
Gain (Loss) on Sale of Investments
5904463684073-391426926633340182-154-261-1,419-956956581,9401,909
Asset Writedown
--------779-779-779-779-713-1,600-1,600-1,600-1,162-275-275-275-90
Legal Settlements
-------0.5---572.5-573-572.5-572.5------
Other Unusual Items
---170170170170--------225225188-397
Pretax Income
5,94811,63021,06721,81719,16320,16919,93613,72015,2493,9091,8897,4485,41115,23316,44416,84018,52315,75313,8797,425
Income Tax Expense
2,7792,6952,8042,7722,7442,7182,8031,5571,4971,5901,5122,8272,2882,1891,9181,5081,8721,8371,5211,505
Earnings From Continuing Operations
3,1698,93518,26319,04516,41917,45117,13312,16313,7522,3193774,6213,12313,04414,52615,33216,65113,91612,3585,920
Earnings From Discontinued Operations
----------------62-622707041,289
Net Income to Company
3,1698,93518,26319,04516,41917,45117,13312,16313,7522,3193774,6213,12313,04414,52615,27016,58914,18613,0627,209
Minority Interest in Earnings
4--9-11-13-17-16-15-16-13-12-13-12-14-7-10-10-6-13-12
Net Income
3,1738,93518,25419,03416,40617,43417,11712,14813,7362,3063654,6083,11113,03014,51915,26016,57914,18013,0497,197
Net Income to Common
3,1738,93518,25419,03416,40617,43417,11712,14813,7362,3063654,6083,11113,03014,51915,26016,57914,18013,0497,197
Net Income Growth (YoY)
-80.66%-48.75%6.64%56.68%19.44%656.03%4589.59%163.63%341.53%-82.30%-97.49%-69.80%-81.23%-8.11%11.27%112.03%197.65%101.79%84.65%-37.51%
Shares Outstanding (Basic)
2,4802,4892,5022,5132,5232,5302,5322,5342,5352,5362,5372,5372,5372,5352,5322,5302,5292,5292,5302,531
Shares Outstanding (Diluted)
2,4822,4922,5072,5192,5302,5382,5412,5432,5502,5452,5472,5492,5432,5462,5422,5392,5372,5372,5382,540
Shares Change (YoY)
-1.92%-1.79%-1.34%-0.92%-0.77%-0.29%-0.24%-0.24%0.27%-0.01%0.20%0.39%0.22%0.34%0.16%-0.03%-0.12%-0.09%-0.12%-0.24%
EPS (Basic)
1.283.597.307.576.506.896.764.795.420.910.141.821.235.145.736.036.565.615.162.84
EPS (Diluted)
1.273.587.287.566.496.886.744.785.390.900.141.801.235.125.716.016.535.595.142.84
EPS Growth (YoY)
-80.37%-48.02%8.01%58.24%20.41%667.14%4714.29%165.47%339.23%-82.49%-97.55%-70.02%-81.21%-8.35%11.15%111.76%196.52%101.79%84.61%-37.32%

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
16,06314,11512,36013,04914,72217,03918,09614,84013,14711,0409,14313,16710,82811,26214,70715,24914,39812,8709,6618,401
Free Cash Flow Per Share
6.475.664.935.185.826.717.125.845.164.343.595.174.264.425.796.015.675.073.813.31
Dividend Per Share
3.3203.2803.2403.2003.1603.1203.0803.0403.0002.9602.9202.8802.8402.8002.7602.7202.6802.6402.6002.560
Dividend Growth (YoY)
5.06%5.13%5.20%5.26%5.33%5.41%5.48%5.56%5.63%5.71%5.80%5.88%5.97%6.06%6.15%6.25%6.35%6.45%6.56%7.56%
Gross Margin
75.90%76.73%77.21%77.85%77.41%77.07%77.09%76.59%75.79%74.85%73.53%73.09%73.22%72.75%70.98%70.41%70.31%70.63%72.35%72.88%
Operating Margin
35.28%37.30%37.64%42.33%37.49%38.19%38.79%25.55%29.83%28.55%26.57%35.33%34.10%34.24%34.56%33.51%34.08%33.58%28.52%29.56%
Profit Margin
4.77%13.59%28.08%29.63%25.79%27.27%26.67%19.23%21.98%3.76%0.61%7.77%5.33%22.52%24.49%25.88%29.00%26.27%26.79%15.60%
Free Cash Flow Margin
24.13%21.46%19.01%20.31%23.14%26.66%28.20%23.49%21.04%17.98%15.21%22.20%18.57%19.46%24.81%25.86%25.19%23.84%19.84%18.21%
EBITDA
28,87129,51729,10531,52328,23028,79529,13420,17222,50321,21119,70624,65523,54123,48424,27923,48523,00521,46517,01616,761
EBITDA Margin
43.37%44.88%44.77%49.07%44.38%45.05%45.40%31.93%36.02%34.54%32.78%41.57%40.37%40.58%40.95%39.82%40.24%39.77%34.94%36.33%
D&A For EBITDA
5,3884,9844,6384,3344,3824,3844,2454,0343,8663,6813,7323,6983,6583,6683,7893,7243,5233,3423,1233,126
EBIT
23,48324,53324,46727,18923,84824,41124,88916,13818,63717,53015,97420,95719,88319,81620,49019,76119,48218,12313,89313,635
EBIT Margin
35.28%37.30%37.64%42.33%37.49%38.19%38.79%25.55%29.83%28.55%26.57%35.33%34.10%34.24%34.56%33.51%34.08%33.58%28.52%29.56%
Effective Tax Rate
46.72%23.17%13.31%12.71%14.32%13.48%14.06%11.35%9.82%40.67%80.04%37.96%42.28%14.37%11.66%8.96%10.11%11.66%10.96%20.27%
Advertising Expenses
--2,300---2,400---2,300---2,200---2,000-
SEC Filings: 10-K · 10-Q