Merck MRK
NYSE MRK
$144.70 -2.83 (-1.92%)
As of: Sep 10, 2026 · 3:59 PM EDT

Merck (MRK) Deferred Taxes (2009 - 2026)

Merck's (MRK) quarterly Deferred Taxes came in at -$544.0 million in Q2 2026, down 21.43% year-over-year from -$692.4 million in Q2 2025, and down 72.7% quarter-over-quarter from -$315.0 million in Q1 2026.

Analysis

Merck (MRK) Deferred Taxes (2009 - 2026) Analysis & Trends

Merck (MRK) has reported Deferred Taxes for 18 consecutive years, with -$544.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Deferred Taxes fell 21.43% year-over-year to -$544.0 million in Q2 2026; TTM through Jun 2026 was -$1.9 billion, a 14.84% decrease from a year earlier, with the FY2025 full-year figure at -$1.7 billion, down 33.79% from the prior year.
  • Deferred Taxes was -$544.0 million for Q2 2026 at Merck, down from -$315.0 million in the prior quarter.
  • Over five years, Deferred Taxes peaked at -$51.0 million in Q1 2024 and troughed at -$931.0 million in Q4 2023.
  • A 5-year average of -$402.6 million and a median of -$337.0 million in 2022 frame the typical range for Deferred Taxes.
  • Across the five-year window, Deferred Taxes slumped 66000.0% in 2022 and surged 81.59% in 2024, its largest moves.
  • Over 5 years, Deferred Taxes stood at -$307.0 million in 2022, then tumbled by 203.26% to -$931.0 million in 2023, then surged by 33.83% to -$616.0 million in 2024, then sank by 33.93% to -$825.0 million in 2025, then jumped by 34.06% to -$544.0 million in 2026.
  • The last three Deferred Taxes figures came in at -$544.0 million (Q2 2026), -$315.0 million (Q1 2026), and -$825.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Johnson & Johnson 641.14 Bn 620.38 Bn 17.26 Bn -479.00 Mn
2 AbbVie 451.04 Bn 444.47 Bn 12.70 Bn -195.00 Mn
3 Merck 357.43 Bn 350.29 Bn 12.21 Bn -544.00 Mn
4 Novartis Ag 266.73 Bn 259.04 Bn 11.24 Bn -
5 Pfizer 157.52 Bn 145.82 Bn 10.94 Bn -1.32 Bn
6 Sanofi 52.14 Bn 44.76 Bn 10.79 Bn -
7 Revolution Medicines 42.88 Bn 42.88 Bn - -
8 Incyte 24.70 Bn 20.16 Bn 1.57 Bn 115.62 Mn
9 United Therapeutics 21.47 Bn 18.80 Bn 683.80 Mn 25.70 Mn
10 Neurocrine Biosciences 15.82 Bn 15.43 Bn 935.80 Mn -25.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -544.00 Mn
Mar 31, 2026 -315.00 Mn
Dec 31, 2025 -825.00 Mn
Sep 30, 2025 -212.00 Mn
Jun 30, 2025 -448.00 Mn
Mar 31, 2025 -186.00 Mn
Dec 31, 2024 -616.00 Mn
Sep 30, 2024 -401.00 Mn
Jun 30, 2024 -181.00 Mn
Mar 31, 2024 -51.00 Mn
Dec 31, 2023 -931.00 Mn
Sep 30, 2023 -336.00 Mn
Jun 30, 2023 -355.00 Mn
Mar 31, 2023 -277.00 Mn
Dec 31, 2022 -307.00 Mn
Sep 30, 2022 -661.00 Mn
Jun 30, 2022 -262.00 Mn
Mar 31, 2022 -338.00 Mn
Dec 31, 2021 159.00 Mn
Sep 30, 2021 -1.00 Mn