What is Merck & Co.'s inventory, lifo reserve?

Merck & Co. (MRK) reported inventory, lifo reserve of $1.01B in Q1 2026.

What does inventory, lifo reserve mean?

The accounting adjustment used to reconcile inventory values between LIFO and FIFO methods.

Merck & Co. Inventory, LIFO Reserve increased by 10.4% to $1.01B in Q1 2026 compared to the prior quarter.

StatementBalance Sheet Statement

SectionOther

CategoryEfficiency

SignalContext dependent

VolatilityStable

First reportedQ4 2025

Last reportedQ1 2026May 4, 2026

An increasing reserve typically signals a long-term inflationary environment for the company's cost of goods sold.

This represents the difference between the cost of inventory calculated under the LIFO method and the cost calculated un...

Common in US retail; peers using LIFO will report this to allow for FIFO-based comparability.

Metric ID: other_inventory_lifo_reserve

2 periods

	Q4 '25	Q1 '26
Value	$912.00M	$1.01B
QoQ Change	—	+10.4%

Range$912.00M – $1.01B

What is Merck & Co.'s inventory, lifo reserve?: Merck & Co. (MRK) reported inventory, lifo reserve of $1.01B in Q1 2026.
What does inventory, lifo reserve mean?: The accounting adjustment used to reconcile inventory values between LIFO and FIFO methods.