Income StatementBalance SheetCash FlowSegments
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Merck & Co. Income Statement

Revenue, expenses, and profitability over time

Merck & Co. generated $65.8B in trailing twelve-month revenue, up 0.0% year-over-year. Net income was $8.9B with a 13.59% net margin. Diluted EPS is $3.56, which declined 0.5% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$65.8BGross Profit (TTM)$48.6BNet Income (TTM)$8.9BEps Diluted (TTM)$3.56
Latest FilingQ1 2026
Report Date2026-05-04
Market Cap$302.33B
P/E Ratio33.84
ROE18.97%

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$1.48$2.01$1.76$2.32$1.21$-1.72
Diluted earnings per share$1.48$2.01$1.76$2.32$1.20$-1.72

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$11.8B$12.1B$12.2B$13.4B$10.8B$12.1B

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Charges—$35.0M$7.0M$238.0M-$432.0M-$138.0M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$4.2B$5.9B$5.0B$6.7B$3.4B-$3.5B
Costs, Expenses and Other$11.5B$9.6B$10.8B$10.5B$13.0B$19.8B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$426.0M$818.0M$571.0M$958.0M$458.0M$709.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$3.7B$5.1B$4.4B$5.8B$3.0B-$4.2B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other income, net (Note 6)—$35.0M$7.0M$238.0M-$432.0M-$138.0M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Research and development$4.6B$3.6B$4.0B$4.2B$3.9B$12.6B
Restructuring charges$51.0M$69.0M$560.0M$47.0M$213.0M$195.0M
Selling, general and administrative$2.9B$2.6B$2.6B$2.6B$2.9B$2.7B

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$3.8B$3.4B$3.6B$3.9B$5.6B$4.2B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$15.6B$15.5B$15.8B$17.3B$16.4B$16.3B