Merck & Co., Inc. (MRK)
NYSE: MRK · Real-Time Price · USD
123.82
+4.52 (3.79%)
At close: Feb 27, 2026, 4:00 PM EST
123.88
+0.06 (0.05%)
After-hours: Feb 27, 2026, 7:58 PM EST
Merck & Co. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Revenue | 65,011 | 64,168 | 60,115 | 59,283 | 48,704 | Upgrade
|
| Revenue Growth (YoY) | 1.31% | 6.74% | 1.40% | 21.72% | 17.31% | Upgrade
|
| Cost of Revenue | 14,898 | 14,698 | 15,915 | 17,206 | 13,466 | Upgrade
|
| Gross Profit | 50,113 | 49,470 | 44,200 | 42,077 | 35,238 | Upgrade
|
| Selling, General & Admin | 9,995 | 10,100 | 9,884 | 9,669 | 9,403 | Upgrade
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| Research & Development | 15,614 | 14,481 | 18,342 | 11,918 | 11,942 | Upgrade
|
| Operating Expenses | 25,609 | 24,581 | 28,226 | 21,587 | 21,345 | Upgrade
|
| Operating Income | 24,504 | 24,889 | 15,974 | 20,490 | 13,893 | Upgrade
|
| Interest Expense | -1,357 | -1,271 | -1,146 | -962 | -806 | Upgrade
|
| Interest & Investment Income | 343 | 415 | 365 | 157 | 36 | Upgrade
|
| Currency Exchange Gain (Loss) | -323 | -227 | -370 | -237 | -297 | Upgrade
|
| Other Non Operating Income (Expenses) | 200 | 290 | 419.5 | 681 | 256 | Upgrade
|
| EBT Excluding Unusual Items | 23,367 | 24,096 | 15,243 | 20,129 | 13,082 | Upgrade
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| Merger & Restructuring Charges | -2,551 | -4,344 | -12,342 | -666 | -868 | Upgrade
|
| Gain (Loss) on Sale of Investments | 368 | 14 | 340 | -1,419 | 1,940 | Upgrade
|
| Asset Writedown | - | - | -779 | -1,600 | -275 | Upgrade
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| Legal Settlements | - | - | -572.5 | - | - | Upgrade
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| Other Unusual Items | -117 | 170 | - | - | - | Upgrade
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| Pretax Income | 21,067 | 19,936 | 1,889 | 16,444 | 13,879 | Upgrade
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| Income Tax Expense | 2,804 | 2,803 | 1,512 | 1,918 | 1,521 | Upgrade
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| Earnings From Continuing Operations | 18,263 | 17,133 | 377 | 14,526 | 12,358 | Upgrade
|
| Earnings From Discontinued Operations | - | - | - | - | 704 | Upgrade
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| Net Income to Company | 18,263 | 17,133 | 377 | 14,526 | 13,062 | Upgrade
|
| Minority Interest in Earnings | -9 | -16 | -12 | -7 | -13 | Upgrade
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| Net Income | 18,254 | 17,117 | 365 | 14,519 | 13,049 | Upgrade
|
| Net Income to Common | 18,254 | 17,117 | 365 | 14,519 | 13,049 | Upgrade
|
| Net Income Growth | 6.64% | 4589.59% | -97.49% | 11.27% | 84.65% | Upgrade
|
| Shares Outstanding (Basic) | 2,507 | 2,532 | 2,537 | 2,532 | 2,530 | Upgrade
|
| Shares Outstanding (Diluted) | 2,507 | 2,541 | 2,547 | 2,542 | 2,538 | Upgrade
|
| Shares Change (YoY) | -1.34% | -0.24% | 0.20% | 0.16% | -0.12% | Upgrade
|
| EPS (Basic) | 7.28 | 6.76 | 0.14 | 5.73 | 5.16 | Upgrade
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| EPS (Diluted) | 7.28 | 6.74 | 0.14 | 5.71 | 5.14 | Upgrade
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| EPS Growth | 8.01% | 4714.29% | -97.55% | 11.15% | 84.61% | Upgrade
|
| Free Cash Flow | - | 18,096 | 9,143 | 14,707 | 9,661 | Upgrade
|
| Free Cash Flow Per Share | - | 7.12 | 3.59 | 5.79 | 3.81 | Upgrade
|
| Dividend Per Share | 3.240 | 3.080 | 2.920 | 2.760 | 2.600 | Upgrade
|
| Dividend Growth | 5.20% | 5.48% | 5.80% | 6.15% | 6.56% | Upgrade
|
| Gross Margin | 77.08% | 77.09% | 73.53% | 70.98% | 72.35% | Upgrade
|
| Operating Margin | 37.69% | 38.79% | 26.57% | 34.56% | 28.52% | Upgrade
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| Profit Margin | 28.08% | 26.67% | 0.61% | 24.49% | 26.79% | Upgrade
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| Free Cash Flow Margin | - | 28.20% | 15.21% | 24.81% | 19.84% | Upgrade
|
| EBITDA | 28,797 | 29,134 | 19,706 | 24,279 | 17,016 | Upgrade
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| EBITDA Margin | 44.30% | 45.40% | 32.78% | 40.95% | 34.94% | Upgrade
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| D&A For EBITDA | 4,293 | 4,245 | 3,732 | 3,789 | 3,123 | Upgrade
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| EBIT | 24,504 | 24,889 | 15,974 | 20,490 | 13,893 | Upgrade
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| EBIT Margin | 37.69% | 38.79% | 26.57% | 34.56% | 28.52% | Upgrade
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| Effective Tax Rate | 13.31% | 14.06% | 80.04% | 11.66% | 10.96% | Upgrade
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| Advertising Expenses | - | 2,400 | 2,300 | 2,200 | 2,000 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.