Operating
Net gains (losses) on investments
Merck & Co. Net gains (losses) on investments increased by 273.0% to $373.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 1303.2%, from -$31.00M to $373.00M. Over 2 years (FY 2021 to FY 2023), Net gains (losses) on investments shows a downward trend with a -58.1% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2023
Last reportedQ1 2026
How to read this metric
An increase suggests successful investment performance, though it does not reflect operational cash generation.
Detailed definition
This reflects the non-cash impact of changes in the fair value of equity investments or securities held by the company....
Peer comparison
Varies based on the size of the company's corporate venture capital or treasury investment portfolio.
Metric ID:
cf_gain_loss_on_investmentsHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $280.00M | $683.00M | $403.00M | -$708.00M | -$284.00M | -$371.00M | -$56.00M | $450.00M | -$175.00M | -$33.00M | $98.00M | $143.00M | $56.00M | -$31.00M | $90.00M | $100.00M | $373.00M |
| QoQ Change | — | +143.9% | -41.0% | -275.7% | +59.9% | -30.6% | +84.9% | +903.6% | -138.9% | +81.1% | +397.0% | +45.9% | -60.8% | -155.4% | +390.3% | +11.1% | +273.0% |
| YoY Change | — | — | — | — | -201.4% | -154.3% | -113.9% | +163.6% | +38.4% | +91.1% | +275.0% | -68.2% | +132.0% | +6.1% | -37.1% | +78.6% | >999% |
Range-$708.00M – $683.00M
CAGR+7.4%
Avg YoY Growth+116.4%
Median YoY Growth+38.4%
Current Streak3 quarters growth
Net gains (losses) on investments at Other Companies
Frequently Asked Questions
- What is Merck & Co.'s net gains (losses) on investments?
- Merck & Co. (MRK) reported net gains (losses) on investments of $373.00M in Q3 2025.
- How has Merck & Co.'s net gains (losses) on investments changed year-over-year?
- Merck & Co.'s net gains (losses) on investments increased by 1303.2% year-over-year, from -$31.00M to $373.00M.
- What is the long-term trend for Merck & Co.'s net gains (losses) on investments?
- Over 2 years (2021 to 2023), Merck & Co.'s net gains (losses) on investments has grown at a -58.1% compound annual growth rate (CAGR), from $1.94B to $340.00M.
- What does net gains (losses) on investments mean?
- Non-cash profits or losses from the company's investment portfolio.