What is Merck & Co.'s costs, expenses and other?

Merck & Co. (MRK) reported costs, expenses and other of $12.98B in Q4 2025.

How has Merck & Co.'s costs, expenses and other changed year-over-year?

Merck & Co.'s costs, expenses and other increased by 13.3% year-over-year, from $11.45B to $12.98B.

What is the long-term trend for Merck & Co.'s costs, expenses and other?

Over 4 years (2021 to 2025), Merck & Co.'s costs, expenses and other has grown at a 6.0% compound annual growth rate (CAGR), from $34.83B to $43.94B.

What does costs, expenses and other mean?

The total of all costs and expenses before taxes are applied.

Income Before Tax

Costs, Expenses and Other

Merck & Co. Costs, Expenses and Other increased by 23.3% to $12.98B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.3%, from $11.45B to $12.98B. Over 4 years (FY 2021 to FY 2025), Costs, Expenses and Other shows an upward trend with a 6.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement

SectionIncome Before Tax

CategoryEfficiency

SignalLower is better

VolatilityStable

First reportedQ1 2013

Last reportedQ4 2025

How to read this metric

A decrease relative to revenue indicates improved overall cost management and higher pre-tax margins.

Detailed definition

This aggregate metric represents the total sum of all operating and non-operating costs incurred by the company before a...

Peer comparison

Company-specific aggregation; comparable to 'Total Operating Expenses' plus 'Other Expenses' at peer firms.

Metric ID: is_mrk_costs_expenses_and_other

Historical Data

19 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	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25
Value	$9.69B	$7.89B	$8.63B	$11.04B	$10.11B	$11.38B	$10.32B	$10.84B	$20.37B	$10.34B	$16.68B	$10.11B	$10.11B	$12.57B	$11.45B	$9.63B	$10.81B	$10.53B	$12.98B
QoQ Change	—	-18.6%	+9.5%	+27.9%	-8.5%	+12.6%	-9.3%	+5.0%	+88.0%	-49.2%	+61.3%	-39.4%	+0.0%	+24.4%	-8.9%	-16.0%	+12.3%	-2.6%	+23.3%
YoY Change	—	—	—	—	+4.3%	+44.2%	+19.5%	-1.8%	+101.6%	-9.1%	+61.6%	-6.8%	-50.4%	+21.5%	-31.3%	-4.7%	+6.9%	-16.2%	+13.3%

Range$7.89B – $20.37B

CAGR+6.7%

Avg YoY Growth+10.2%

Median YoY Growth+4.3%

Frequently Asked Questions

What is Merck & Co.'s costs, expenses and other?: Merck & Co. (MRK) reported costs, expenses and other of $12.98B in Q4 2025.
How has Merck & Co.'s costs, expenses and other changed year-over-year?: Merck & Co.'s costs, expenses and other increased by 13.3% year-over-year, from $11.45B to $12.98B.
What is the long-term trend for Merck & Co.'s costs, expenses and other?: Over 4 years (2021 to 2025), Merck & Co.'s costs, expenses and other has grown at a 6.0% compound annual growth rate (CAGR), from $34.83B to $43.94B.
What does costs, expenses and other mean?: The total of all costs and expenses before taxes are applied.