Merck (MRK) EBIT (2009 - 2026)
Merck (MRK) posted quarterly EBIT of -$7.7 billion for Q1 2026, down 411.15% YoY from $2.5 billion in Q1 2025, and down 262.69% sequentially from -$2.1 billion in Q4 2025.
Merck (MRK) EBIT (2009 - 2026) Analysis & Trends
Merck has disclosed EBIT across 18 years of filings, most recently posting -$7.7 billion for Q1 2026.
- In Q1 2026, EBIT fell 411.15% year-over-year to -$7.7 billion; the TTM figure through Mar 2026 stood at -$5.5 billion (down 208.46% YoY), while the FY2025 annual figure was $4.7 billion, down 1.22% from the prior year.
- EBIT declined to -$7.7 billion in Q1 2026, from -$2.1 billion in the prior quarter.
- Over the last five years, EBIT for MRK reached as high as $2.9 billion in Q3 2025 and fell as low as -$9.4 billion in Q2 2023.
- The 5-year median for EBIT is $10.0 million (2024), against an average of -$794.4 million.
- Annual changes were most pronounced in 2023 — EBIT plunged 3553.51% — and 2025, when it jumped 28800.0%.
- A 5-year view of EBIT shows it stood at -$368.0 million in 2022, then tumbled by 1519.02% to -$6.0 billion in 2023, then jumped by 105.74% to $342.0 million in 2024, then sank by 723.1% to -$2.1 billion in 2025, then plunged by 262.69% to -$7.7 billion in 2026.
- According to Business Quant data, EBIT over the past three periods registered -$7.7 billion, -$2.1 billion, and $2.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 9.50 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 6.36 Bn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 3.99 Bn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | 4.25 Bn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | -7.73 Bn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 2.67 Bn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 2.59 Bn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | -6.71 Bn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | -283.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.73 Bn |
| Dec 31, 2025 | -2.13 Bn |
| Sep 30, 2025 | 2.89 Bn |
| Jun 30, 2025 | 1.44 Bn |
| Mar 31, 2025 | 2.48 Bn |
| Dec 31, 2024 | 342.00 Mn |
| Sep 30, 2024 | 10.00 Mn |
| Jun 30, 2024 | 2.26 Bn |
| Mar 31, 2024 | 2.13 Bn |
| Dec 31, 2023 | -5.96 Bn |
| Sep 30, 2023 | 1.36 Bn |
| Jun 30, 2023 | -9.36 Bn |
| Mar 31, 2023 | -276.00 Mn |
| Dec 31, 2022 | -368.00 Mn |
| Sep 30, 2022 | -351.00 Mn |
| Jun 30, 2022 | 271.00 Mn |
| Mar 31, 2022 | -519.00 Mn |
| Dec 31, 2021 | 35.00 Mn |
| Sep 30, 2021 | 1.82 Bn |
| Jun 30, 2021 | -1.39 Bn |