What was Merck & Co's net income in 2025?

In fiscal year 2025, which ended on 31 December 2025, Merck & Co's net income was 18.25B USD, up 6.6% on the year before.

What was Merck & Co's net income in 2024?

In fiscal year 2024, which ended on 31 December 2024, Merck & Co's net income was 17.12B USD, up 4,589.6% on the year before.

What is Merck & Co's profit margin?

Merck & Co's net profit margin over the last twelve months was 3.6%, and 28.1% in fiscal year 2025: it kept about 4 cents of every dollar of revenue as profit.

How much has Merck & Co's net income grown over 10 years?

Merck & Co's net income went from 4.44B USD in fiscal year 2015 to 18.25B USD in fiscal year 2025: 15.2% a year on average.

What was Merck & Co's highest annual net income?

Merck & Co's highest annual net income was 18.25B USD, in fiscal year 2025 (records from fiscal year 1985).

Merck & Co
D
Quotes are delayed by 15 minutes

MRK

Arincen ScoreBeta67/100

67/100B

146.710

USD

-0.21

(-0.14%)

Pre Open·149.010USD+2.300(+1.57%)

Last updated: 9 Nov, 07:20 GMT-5 · Delayed 15 min

Fair valueNot reliable

Q4 FY2026 · Earnings report

EPS estimate 1.78Revenue estimate 16.29B

Q4 FY2026 · Earnings report

Tuesday 2 February

EPS estimate 1.78Revenue estimate 16.29B

Fair valueNot reliable

Q4 FY2026 · Earnings report

EPS estimate 1.78Revenue estimate 16.29B

Q4 FY2026 · Earnings report

Tuesday 2 February

EPS estimate 1.78Revenue estimate 16.29B

Overview Financials Signals News Forecast Earnings Dividends Company

Merck & Co net income 1985–2026What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Merck & Co earned 5.07B USD in Q3 FY2026, the three months to 30 September 2026, down 12.4% on the same quarter a year before. Merck & Co's net income over the last twelve months was 2.45B USD, down 87.1% on the twelve months before. In fiscal year 2025 it earned 18.25B USD, up 6.6% on the year before.

Last updated 7 Nov 2026 · Next report 2 Feb 2027

Net income

Net income · +15.2% a year over 10 yearsNet margin

Growth

Fiscal year	Period ending	Net income	Growth	Net margin	Revenue
TTM	30 Sept 2026	2.45B	-87.11%	3.64%	67.30B
FY2025	31 Dec 2025	18.25B	+6.64%	28.12%	64.93B
FY2024	31 Dec 2024	17.12B	+4,589.59%	26.68%	64.17B
FY2023	31 Dec 2023	365.00M	-97.49%	0.61%	60.12B
FY2022	31 Dec 2022	14.52B	+11.27%	24.49%	59.28B
FY2021	31 Dec 2021	13.05B	+84.65%	26.79%	48.70B
FY2020	31 Dec 2020	7.07B	-28.20%	17.02%	41.52B
FY2019	31 Dec 2019	9.84B	+58.25%	25.16%	39.12B
FY2018	31 Dec 2018	6.22B	+159.82%	14.71%	42.29B
FY2017	31 Dec 2017	2.39B	-38.93%	5.97%	40.12B
FY2016	31 Dec 2016	3.92B	-11.75%	9.85%	39.81B
FY2015	31 Dec 2015	4.44B	-62.73%	11.25%	39.50B
FY2014	31 Dec 2014	11.92B	+170.66%	28.22%	42.24B
FY2013	31 Dec 2013	4.40B	-28.60%	10.00%	44.03B
FY2012	31 Dec 2012	6.17B	-1.66%	13.05%	47.27B
FY2011	31 Dec 2011	6.27B	+628.46%	13.05%	48.05B
FY2010	31 Dec 2010	861.00M	-93.33%	1.87%	45.99B
FY2009	31 Dec 2009	12.90B	+65.20%	47.03%	27.43B
FY2008	31 Dec 2008	7.81B	+138.38%	32.74%	23.85B
FY2007	31 Dec 2007	3.28B	-26.13%	13.54%	24.20B
FY2006	31 Dec 2006	4.43B	-4.26%	19.59%	22.64B
FY2005	31 Dec 2005	4.63B	-20.56%	21.04%	22.01B
FY2004	31 Dec 2004	5.83B	-14.65%	25.38%	22.97B
FY2003	31 Dec 2003	6.83B	-4.46%	30.38%	22.49B
FY2002	31 Dec 2002	7.15B	-1.82%	33.34%	21.45B
FY2001	31 Dec 2001	7.28B	+6.74%	34.35%	21.20B
FY2000	31 Dec 2000	6.82B	+15.81%	16.90%	40.36B
FY1999	31 Dec 1999	5.89B	+12.24%	18.01%	32.71B
FY1998	31 Dec 1998	5.25B	+13.74%	19.51%	26.90B
FY1997	31 Dec 1997	4.61B	+18.88%	19.52%	23.64B
FY1996	31 Dec 1996	3.88B	+16.37%	19.57%	19.83B
FY1995	31 Dec 1995	3.34B	+11.28%	19.99%	16.68B
FY1994	31 Dec 1994	3.00B	+38.35%	20.02%	14.97B
FY1993	31 Dec 1993	2.17B	+9.17%	20.63%	10.50B
FY1992	31 Dec 1992	1.98B	-6.48%	20.54%	9.66B
FY1991	31 Dec 1991	2.12B	+19.12%	24.66%	8.60B
FY1990	31 Dec 1990	1.78B	+19.11%	23.22%	7.67B
FY1989	31 Dec 1989	1.50B	+23.91%	22.83%	6.55B
FY1988	31 Dec 1988	1.21B	+33.14%	20.32%	5.94B
FY1987	31 Dec 1987	906.40M	+34.14%	17.91%	5.06B
FY1986	31 Dec 1986	675.70M	+25.15%	16.37%	4.13B
FY1985	31 Dec 1985	539.90M	—	15.22%	3.55B

Quarter	Period ending	Net income	Growth on a year before	Net margin	Revenue
Q3 FY2026	30 Sept 2026	5.07B	-12.45%	28.01%	18.09B
Q2 FY2026	30 Jun 2026	-1.34B	-130.16%	-8.04%	16.61B
Q1 FY2026	31 Mar 2026	-4.24B	-183.48%	-26.03%	16.29B
Q4 FY2025	31 Dec 2025	2.96B	-20.84%	18.15%	16.32B
Q3 FY2025	30 Sept 2025	5.79B	+83.24%	33.67%	17.18B
Q2 FY2025	30 Jun 2025	4.43B	-18.85%	28.02%	15.80B
Q1 FY2025	31 Mar 2025	5.08B	+6.66%	32.52%	15.62B
Q4 FY2024	31 Dec 2024	3.74B	—	23.96%	15.62B
Q3 FY2024	30 Sept 2024	3.16B	-33.47%	18.95%	16.66B
Q2 FY2024	30 Jun 2024	5.46B	—	33.86%	16.11B
Q1 FY2024	31 Mar 2024	4.76B	+68.81%	30.19%	15.78B
Q4 FY2023	31 Dec 2023	-1.23B	-140.64%	-8.38%	14.63B
Q3 FY2023	30 Sept 2023	4.75B	+46.09%	29.73%	15.96B
Q2 FY2023	30 Jun 2023	-5.98B	-251.50%	-39.74%	15.04B
Q1 FY2023	31 Mar 2023	2.82B	-34.55%	19.47%	14.49B
Q4 FY2022	31 Dec 2022	3.02B	-19.72%	21.81%	13.83B
Q3 FY2022	30 Sept 2022	3.25B	-28.88%	21.71%	14.96B
Q2 FY2022	30 Jun 2022	3.94B	+155.28%	27.03%	14.59B
Q1 FY2022	31 Mar 2022	4.31B	+35.58%	27.11%	15.90B
Q4 FY2021	31 Dec 2021	3.76B	—	27.79%	13.52B
Q3 FY2021	30 Sept 2021	4.57B	+55.29%	34.72%	13.15B
Q2 FY2021	30 Jun 2021	1.55B	-48.53%	13.55%	11.40B
Q1 FY2021	31 Mar 2021	3.18B	-1.24%	29.91%	10.63B
Q4 FY2020	31 Dec 2020	-2.09B	-188.88%	-16.73%	12.52B
Q3 FY2020	30 Sept 2020	2.94B	+54.71%	26.91%	10.93B
Q2 FY2020	30 Jun 2020	3.00B	+12.43%	32.10%	9.35B
Q1 FY2020	31 Mar 2020	3.22B	+10.43%	26.70%	12.06B
Q4 FY2019	31 Dec 2019	2.36B	+28.95%	19.85%	11.87B
Q3 FY2019	30 Sept 2019	1.90B	-2.51%	15.33%	12.40B
Q2 FY2019	30 Jun 2019	2.67B	+56.41%	22.70%	11.76B
Q1 FY2019	31 Mar 2019	2.92B	+296.06%	26.95%	10.82B
Q4 FY2018	31 Dec 2018	1.83B	—	16.61%	11.00B
Q3 FY2018	30 Sept 2018	1.95B	—	18.07%	10.79B
Q2 FY2018	30 Jun 2018	1.71B	-12.28%	16.31%	10.47B
Q1 FY2018	31 Mar 2018	736.00M	-52.55%	7.33%	10.04B
Q4 FY2017	31 Dec 2017	-1.05B	—	-10.03%	10.43B
Q3 FY2017	30 Sept 2017	-56.00M	-102.56%	-0.54%	10.33B
Q2 FY2017	30 Jun 2017	1.95B	+61.49%	19.60%	9.93B
Q1 FY2017	31 Mar 2017	1.55B	+37.87%	16.44%	9.43B
Q4 FY2016	31 Dec 2016	-595.00M	-160.90%	-5.88%	10.12B
Q3 FY2016	30 Sept 2016	2.18B	+19.61%	20.73%	10.54B
Q2 FY2016	30 Jun 2016	1.21B	+75.40%	12.24%	9.84B
Q1 FY2016	31 Mar 2016	1.13B	+18.05%	12.08%	9.31B
Q4 FY2015	31 Dec 2015	977.00M	-86.65%	9.56%	10.22B
Q3 FY2015	30 Sept 2015	1.83B	+104.02%	18.13%	10.07B
Q2 FY2015	30 Jun 2015	687.00M	-65.72%	7.02%	9.79B
Q1 FY2015	31 Mar 2015	953.00M	-44.11%	10.11%	9.43B
Q4 FY2014	31 Dec 2014	7.32B	+836.75%	69.80%	10.48B
Q3 FY2014	30 Sept 2014	895.00M	-20.37%	8.48%	10.56B
Q2 FY2014	30 Jun 2014	2.00B	+121.19%	18.33%	10.93B
Q1 FY2014	31 Mar 2014	1.71B	+7.03%	16.61%	10.26B
Q4 FY2013	31 Dec 2013	781.00M	-13.89%	6.90%	11.32B
Q3 FY2013	30 Sept 2013	1.12B	-34.99%	10.19%	11.03B
Q2 FY2013	30 Jun 2013	906.00M	-49.47%	8.23%	11.01B
Q1 FY2013	31 Mar 2013	1.59B	-8.34%	14.93%	10.67B
Q4 FY2012	31 Dec 2012	907.00M	-40.01%	7.73%	11.74B
Q3 FY2012	30 Sept 2012	1.73B	+2.19%	15.05%	11.49B
Q2 FY2012	30 Jun 2012	1.79B	-11.41%	14.56%	12.31B
Q1 FY2012	31 Mar 2012	1.74B	+66.63%	14.82%	11.73B
Q4 FY2011	31 Dec 2011	1.51B	—	12.30%	12.29B
Q3 FY2011	30 Sept 2011	1.69B	+394.74%	14.07%	12.02B
Q2 FY2011	30 Jun 2011	2.02B	+169.15%	16.66%	12.15B
Q1 FY2011	31 Mar 2011	1.04B	+248.83%	9.01%	11.58B
Q4 FY2010	31 Dec 2010	-531.70M	-108.19%	-4.40%	12.09B
Q3 FY2010	30 Sept 2010	342.00M	-90.01%	3.07%	11.13B
Q2 FY2010	30 Jun 2010	752.00M	-51.68%	6.63%	11.35B
Q1 FY2010	31 Mar 2010	299.00M	-79.02%	2.62%	11.42B
Q4 FY2009	31 Dec 2009	6.50B	+294.92%	64.36%	10.09B
Q3 FY2009	30 Sept 2009	3.42B	+213.38%	56.60%	6.05B
Q2 FY2009	30 Jun 2009	1.56B	-11.99%	26.38%	5.90B
Q1 FY2009	31 Mar 2009	1.43B	-56.85%	26.46%	5.39B
Q4 FY2008	31 Dec 2008	1.64B	—	27.27%	6.03B
Q3 FY2008	30 Sept 2008	1.09B	-28.37%	18.38%	5.94B
Q2 FY2008	30 Jun 2008	1.77B	+5.48%	29.22%	6.05B
Q1 FY2008	31 Mar 2008	3.30B	+93.78%	56.73%	5.82B
Q4 FY2007	31 Dec 2007	-1.63B	-444.14%	-26.12%	6.24B
Q3 FY2007	30 Sept 2007	1.53B	+62.18%	25.11%	6.07B
Q2 FY2007	30 Jun 2007	1.68B	+11.81%	27.43%	6.11B
Q1 FY2007	31 Mar 2007	1.70B	+12.13%	29.54%	5.77B
Q4 FY2006	31 Dec 2006	473.90M	-57.68%	7.84%	6.04B
Q3 FY2006	30 Sept 2006	940.60M	-33.80%	17.39%	5.41B
Q2 FY2006	30 Jun 2006	1.50B	+108.06%	25.98%	5.77B
Q1 FY2006	31 Mar 2006	1.52B	+10.94%	28.10%	5.41B
Q4 FY2005	31 Dec 2005	1.12B	+1.69%	19.42%	5.77B
Q3 FY2005	30 Sept 2005	1.42B	+7.19%	26.23%	5.42B
Q2 FY2005	30 Jun 2005	720.60M	-59.24%	13.18%	5.47B
Q1 FY2005	31 Mar 2005	1.37B	-15.35%	25.55%	5.36B
Q4 FY2004	31 Dec 2004	1.10B	-21.08%	19.16%	5.75B
Q3 FY2004	30 Sept 2004	1.33B	-28.67%	23.94%	5.54B
Q2 FY2004	30 Jun 2004	1.77B	-5.30%	29.36%	6.02B
Q1 FY2004	31 Mar 2004	1.62B	-5.37%	28.75%	5.63B
Q4 FY2003	31 Dec 2003	1.40B	-26.17%	24.79%	5.63B
Q3 FY2003	30 Sept 2003	1.86B	-1.36%	32.25%	5.76B
Q2 FY2003	30 Jun 2003	1.87B	+6.64%	33.79%	5.53B
Q1 FY2003	31 Mar 2003	1.71B	+5.26%	30.70%	5.57B
Q4 FY2002	31 Dec 2002	1.89B	+1.55%	13.58%	13.92B
Q3 FY2002	30 Sept 2002	1.88B	-3.30%	34.72%	5.43B
Q2 FY2002	30 Jun 2002	1.75B	-3.56%	13.67%	12.81B
Q1 FY2002	31 Mar 2002	1.63B	-1.95%	13.35%	12.17B
Q4 FY2001	31 Dec 2001	1.86B	+5.47%	14.82%	12.56B
Q3 FY2001	30 Sept 2001	1.95B	+6.12%	16.34%	11.92B
Q2 FY2001	30 Jun 2001	1.82B	+5.44%	15.26%	11.89B
Q1 FY2001	31 Mar 2001	1.66B	+10.52%	14.61%	11.35B
Q4 FY2000	31 Dec 2000	1.76B	+12.15%	15.39%	11.47B
Q3 FY2000	30 Sept 2000	1.84B	+19.25%	17.37%	10.57B
Q2 FY2000	30 Jun 2000	1.72B	+16.48%	18.17%	9.48B
Q1 FY2000	31 Mar 2000	1.50B	+15.39%	16.94%	8.85B
Q4 FY1999	31 Dec 1999	1.57B	+12.32%	17.55%	8.96B
Q3 FY1999	30 Sept 1999	1.54B	+12.63%	18.79%	8.20B
Q2 FY1999	30 Jun 1999	1.48B	+12.31%	18.43%	8.02B
Q1 FY1999	31 Mar 1999	1.30B	+11.61%	17.24%	7.54B
Q4 FY1998	31 Dec 1998	1.40B	+12.76%	18.60%	7.53B
Q3 FY1998	30 Sept 1998	1.37B	+14.18%	19.99%	6.84B
Q2 FY1998	30 Jun 1998	1.32B	+14.01%	20.34%	6.47B
Q1 FY1998	31 Mar 1998	1.16B	+14.12%	19.22%	6.06B
Q4 FY1997	31 Dec 1997	1.24B	+19.04%	19.93%	6.23B
Q3 FY1997	30 Sept 1997	1.20B	+19.49%	20.20%	5.93B
Q2 FY1997	30 Jun 1997	1.15B	+18.75%	19.54%	5.91B
Q1 FY1997	31 Mar 1997	1.02B	+18.12%	18.32%	5.57B
Q4 FY1996	31 Dec 1996	1.04B	+21.65%	19.30%	5.41B
Q3 FY1996	30 Sept 1996	1.00B	+16.24%	20.10%	4.98B
Q2 FY1996	30 Jun 1996	972.10M	+13.29%	19.80%	4.91B
Q1 FY1996	31 Mar 1996	863.80M	+14.05%	19.07%	4.53B
Q4 FY1995	31 Dec 1995	857.80M	+10.98%	18.82%	4.56B
Q3 FY1995	30 Sept 1995	861.90M	+9.82%	20.66%	4.17B
Q2 FY1995	30 Jun 1995	858.10M	+12.30%	20.75%	4.14B
Q1 FY1995	31 Mar 1995	757.40M	+12.17%	19.84%	3.82B
Q4 FY1994	31 Dec 1994	772.90M	+14.64%	19.96%	3.87B
Q3 FY1994	30 Sept 1994	784.80M	+11.21%	20.70%	3.79B
Q2 FY1994	30 Jun 1994	764.10M	+342.70%	20.15%	3.79B
Q1 FY1994	31 Mar 1994	675.20M	+10.00%	19.21%	3.51B
Q4 FY1993	31 Dec 1993	674.20M	+473.30%	22.47%	3.00B
Q3 FY1993	30 Sept 1993	705.70M	+9.50%	27.74%	2.54B
Q2 FY1993	30 Jun 1993	172.60M	-73.58%	6.71%	2.57B
Q1 FY1993	31 Mar 1993	613.80M	+7.93%	25.79%	2.38B
Q4 FY1992	31 Dec 1992	117.60M	-77.80%	4.52%	2.60B
Q3 FY1992	30 Sept 1992	644.50M	+16.67%	26.15%	2.46B
Q2 FY1992	30 Jun 1992	653.40M	+17.52%	27.53%	2.37B
Q1 FY1992	31 Mar 1992	568.70M	+17.62%	25.58%	2.22B
Q4 FY1991	31 Dec 1991	529.80M	+19.81%	22.90%	2.31B
Q3 FY1991	30 Sept 1991	552.40M	+18.80%	26.09%	2.12B
Q2 FY1991	30 Jun 1991	556.00M	+18.25%	26.20%	2.12B
Q1 FY1991	31 Mar 1991	483.50M	+19.74%	23.60%	2.05B
Q4 FY1990	31 Dec 1990	442.20M	+20.20%	21.06%	2.10B
Q3 FY1990	30 Sept 1990	465.00M	+19.08%	24.29%	1.91B
Q2 FY1990	30 Jun 1990	470.20M	+18.56%	24.76%	1.90B
Q1 FY1990	31 Mar 1990	403.80M	+18.63%	22.96%	1.76B
Q4 FY1989	31 Dec 1989	367.90M	+19.72%	20.89%	1.76B
Q3 FY1989	30 Sept 1989	390.50M	+25.24%	23.92%	1.63B
Q2 FY1989	30 Jun 1989	396.60M	+25.39%	25.02%	1.59B
Q1 FY1989	31 Mar 1989	340.40M	+25.42%	21.66%	1.57B
Q4 FY1988	31 Dec 1988	307.30M	+32.23%	20.03%	1.53B
Q3 FY1988	30 Sept 1988	311.80M	+31.23%	21.23%	1.47B
Q2 FY1988	30 Jun 1988	316.30M	+34.54%	21.09%	1.50B
Q1 FY1988	31 Mar 1988	271.40M	+34.82%	18.89%	1.44B
Q4 FY1987	31 Dec 1987	232.40M	+35.27%	16.67%	1.39B
Q3 FY1987	30 Sept 1987	237.60M	+37.34%	18.19%	1.31B
Q2 FY1987	30 Jun 1987	235.10M	+35.74%	18.82%	1.25B
Q1 FY1987	31 Mar 1987	201.30M	+27.57%	18.12%	1.11B
Q4 FY1986	31 Dec 1986	171.80M	+27.83%	14.95%	1.15B
Q3 FY1986	30 Sept 1986	173.00M	+27.21%	16.42%	1.05B
Q2 FY1986	30 Jun 1986	173.20M	—	17.23%	1.01B
Q1 FY1986	31 Mar 1986	157.80M	—	17.13%	921.10M
Q4 FY1985	31 Dec 1985	134.40M	—	14.03%	958.00M
Q3 FY1985	30 Sept 1985	136.00M	—	15.89%	855.80M

Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.

Common questions about Merck & Co's profit

Source: Financial Modeling Prep

Merck & Co
D
Quotes are delayed by 15 minutes

MRK

Merck & Co net income 1985–2026What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Net income

Growth

Common questions about Merck & Co's profit

How much profit does Merck & Co make?

What was Merck & Co's net income in 2025?

What was Merck & Co's net income in 2024?

What is Merck & Co's profit margin?

How much has Merck & Co's net income grown over 10 years?

What was Merck & Co's highest annual net income?

Need help?

Merck & Co DQuotes are delayed by 15 minutes

MRK

Merck & Co net income 1985–2026What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Net income

Growth

Common questions about Merck & Co's profit

How much profit does Merck & Co make?

What was Merck & Co's net income in 2025?

What was Merck & Co's net income in 2024?

What is Merck & Co's profit margin?

How much has Merck & Co's net income grown over 10 years?

What was Merck & Co's highest annual net income?

Need help?

Merck & Co
D
Quotes are delayed by 15 minutes