Skip to content
Non-Current Liabilities

Unrecognized Tax Benefits

Merck & Co. Unrecognized Tax Benefits increased by 11.9% to $2.53B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.9%, from $2.26B to $2.53B. Over 5 years (FY 2020 to FY 2025), Unrecognized Tax Benefits shows an upward trend with a 10.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2012
Last reportedQ4 2025Feb 24, 2026

How to read this metric

An increase suggests higher tax uncertainty or more aggressive tax planning, while a decrease indicates resolution of tax disputes or the expiration of statutes of limitations.

Detailed definition

This represents the aggregate amount of tax benefits from uncertain tax positions that the company has taken but has not...

Peer comparison

Standard disclosure for multinational corporations; levels vary based on the complexity of global operations and tax jurisdictions.

Metric ID: unrecognized_tax_benefits

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$1.53B$1.84B$2.38B$2.26B$2.53B
QoQ Change+20.0%+29.9%-5.2%+11.9%
YoY Change+20.0%+29.9%-5.2%+11.9%
Range$1.53B$2.53B
CAGR+65.5%
Avg YoY Growth+14.2%
Median YoY Growth+16.0%

Frequently Asked Questions

What is Merck & Co.'s unrecognized tax benefits?
Merck & Co. (MRK) reported unrecognized tax benefits of $2.53B in Q4 2025.
How has Merck & Co.'s unrecognized tax benefits changed year-over-year?
Merck & Co.'s unrecognized tax benefits increased by 11.9% year-over-year, from $2.26B to $2.53B.
What is the long-term trend for Merck & Co.'s unrecognized tax benefits?
Over 5 years (2020 to 2025), Merck & Co.'s unrecognized tax benefits has grown at a 10.5% compound annual growth rate (CAGR), from $1.54B to $2.53B.
What does unrecognized tax benefits mean?
The total value of tax savings claimed by the company that might be disallowed by tax authorities.