What is Merck & Co.'s gross profit?

Merck & Co. (MRK) reported gross profit of $12.09B in Q1 2026.

How has Merck & Co.'s gross profit changed year-over-year?

Merck & Co.'s gross profit decreased by 0.2% year-over-year, from $12.11B to $12.09B.

What is the long-term trend for Merck & Co.'s gross profit?

Over 4 years (2021 to 2025), Merck & Co.'s gross profit has grown at a 8.5% compound annual growth rate (CAGR), from $35.08B to $48.63B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Merck & Co. MRK Gross Profit

Gross Profit at other companies

Bristol-Myers SquibbBMY

$8.07B-1.2%

PfizerPFE

$10.9B+0.3%

Johnson & JohnsonJNJ

$15.96B+9.8%

Phibro Animal HealthPAHC

$125.68M+20.2%

Innoviva, Inc.INVA

$75.83M+3.4%

United TherapeuticsUTHR

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Other financials

Income statement

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Revenue$16.3B+4.9%

Net income-$4.2B-183%

EPS (diluted)-$1.72-186%

Balance sheet

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Cash & equivalents$5.4B-38.2%

Total debt$49.1B+35.8%

Total equity$45.9B-5.1%

Total assets$128.69B+11.8%

Cash flow

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Operating cash flow$3.9B+56.7%

CapEx$991.0M-25.4%

Free cash flow$2.9B+150%

Valuation

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Market cap$309.84B+56.1%

Enterprise value$353.54B+56.5%

P/E34.7×+23.3×

P/S4.7×+1.6×

Profitability

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Gross margin73.9%-2.5pp

Net margin13.6%-13.7pp

FCF margin21.5%-5.2pp

Returns & leverage

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Return on equity19%-20.3pp

Debt / equity1.1×+0.3×

Current ratio1.3×-0.1×

Where this comes from

Calculated from Merck & Co.’s reported figures.

$16.3Btotal revenue−$4.2Btotal cost of revenue=$12.09B

The official record: Merck & Co.’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Merck & Co.'s gross profit?: Merck & Co. (MRK) reported gross profit of $12.09B in Q1 2026.
How has Merck & Co.'s gross profit changed year-over-year?: Merck & Co.'s gross profit decreased by 0.2% year-over-year, from $12.11B to $12.09B.
What is the long-term trend for Merck & Co.'s gross profit?: Over 4 years (2021 to 2025), Merck & Co.'s gross profit has grown at a 8.5% compound annual growth rate (CAGR), from $35.08B to $48.63B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.