Merck MRK
NYSE MRK
$147.34 -0.25 (-0.17%)
As of: Sep 10, 2026 · 9:35 AM EDT

Merck (MRK) EBIT (2009 - 2026)

Merck's (MRK) quarterly EBIT came in at -$584.0 million in Q2 2026, down 111.7% year-over-year from $5.0 billion in Q2 2025, and up 82.8% quarter-over-quarter from -$3.4 billion in Q1 2026.

Analysis

Merck (MRK) EBIT (2009 - 2026) Analysis & Trends

Merck (MRK) has reported EBIT for 18 consecutive years, with -$584.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBIT fell 111.7% year-over-year to -$584.0 million in Q2 2026; TTM through Jun 2026 was $10.1 billion, a 47.0% decrease from a year earlier, with the FY2025 full-year figure at $21.2 billion, up 6.56% from the prior year.
  • EBIT was -$584.0 million for Q2 2026 at Merck, up from -$3.4 billion in the prior quarter.
  • Over five years, EBIT peaked at $7.6 billion in Q4 2025 and troughed at -$5.2 billion in Q2 2023.
  • A 5-year average of $3.6 billion and a median of $4.6 billion in 2022 frame the typical range for EBIT.
  • Across the five-year window, EBIT sank 204.83% in 2023 and jumped 217.14% in 2024, its largest moves.
  • Over 5 years, EBIT stood at $3.4 billion in 2022, then tumbled by 37.2% to $2.2 billion in 2023, then jumped by 99.03% to $4.3 billion in 2024, then jumped by 76.59% to $7.6 billion in 2025, then tumbled by 107.7% to -$584.0 million in 2026.
  • The last three EBIT figures came in at -$584.0 million (Q2 2026), -$3.4 billion (Q1 2026), and $7.6 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Johnson & Johnson 651.77 Bn 631.01 Bn 17.26 Bn 7.14 Bn
2 AbbVie 447.56 Bn 440.99 Bn 12.70 Bn 6.43 Bn
3 Merck 364.58 Bn 357.44 Bn 12.21 Bn -584.00 Mn
4 Novartis Ag 268.98 Bn 261.29 Bn 11.24 Bn 4.75 Bn
5 Pfizer 158.03 Bn 146.33 Bn 10.94 Bn 4.27 Bn
6 Sanofi 52.29 Bn 44.91 Bn 10.79 Bn 1.22 Bn
7 Revolution Medicines 43.18 Bn 43.18 Bn - -505.13 Mn
8 Incyte 25.12 Bn 20.58 Bn 1.57 Bn 697.90 Mn
9 United Therapeutics 21.67 Bn 19.01 Bn 683.80 Mn 330.80 Mn
10 Neurocrine Biosciences 15.67 Bn 15.28 Bn 935.80 Mn 151.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -584.00 Mn
Mar 31, 2026 -3.40 Bn
Dec 31, 2025 7.59 Bn
Sep 30, 2025 6.51 Bn
Jun 30, 2025 4.99 Bn
Mar 31, 2025 5.87 Bn
Dec 31, 2024 4.30 Bn
Sep 30, 2024 3.93 Bn
Jun 30, 2024 6.05 Bn
Mar 31, 2024 5.64 Bn
Dec 31, 2023 2.16 Bn
Sep 30, 2023 5.75 Bn
Jun 30, 2023 -5.16 Bn
Mar 31, 2023 3.74 Bn
Dec 31, 2022 3.44 Bn
Sep 30, 2022 4.01 Bn
Jun 30, 2022 4.93 Bn
Mar 31, 2022 5.57 Bn
Dec 31, 2021 3.58 Bn
Sep 30, 2021 4.82 Bn