Merck (MRK) EBT (2009 - 2026)
Merck (MRK) posted quarterly EBT of -$3.5 billion for Q1 2026, down 159.29% YoY from $5.9 billion in Q1 2025, and down 202.34% sequentially from $3.4 billion in Q4 2025.
Merck (MRK) EBT (2009 - 2026) Analysis & Trends
Merck has disclosed EBT across 18 years of filings, most recently posting -$3.5 billion for Q1 2026.
- In Q1 2026, EBT fell 159.29% year-over-year to -$3.5 billion; the TTM figure through Mar 2026 stood at $11.7 billion (down 42.17% YoY), while the FY2025 annual figure was $21.1 billion, up 5.67% from the prior year.
- EBT retreated to -$3.5 billion in Q1 2026, from $3.4 billion in the prior quarter.
- Over the last five years, EBT for MRK reached as high as $6.7 billion in Q3 2025 and fell as low as -$5.3 billion in Q2 2023.
- The 5-year median for EBT is $4.2 billion (2024), against an average of $3.3 billion.
- Annual changes were most pronounced in 2023 — EBT tumbled 218.12% — and 2024, when it jumped 303.81%.
- A 5-year view of EBT shows it stood at $3.5 billion in 2022, then slumped by 158.24% to -$2.0 billion in 2023, then jumped by 303.81% to $4.2 billion in 2024, then fell by 17.99% to $3.4 billion in 2025, then plunged by 202.34% to -$3.5 billion in 2026.
- According to Business Quant data, EBT over the past three periods registered -$3.5 billion, $3.4 billion, and $6.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 8.85 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 5.99 Bn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 1.04 Bn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | 3.91 Bn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | -3.50 Bn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 2.08 Bn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 2.58 Bn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | 3.17 Bn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | 377.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.50 Bn |
| Dec 31, 2025 | 3.42 Bn |
| Sep 30, 2025 | 6.75 Bn |
| Jun 30, 2025 | 5.00 Bn |
| Mar 31, 2025 | 5.90 Bn |
| Dec 31, 2024 | 4.17 Bn |
| Sep 30, 2024 | 4.09 Bn |
| Jun 30, 2024 | 6.01 Bn |
| Mar 31, 2024 | 5.67 Bn |
| Dec 31, 2023 | -2.05 Bn |
| Sep 30, 2023 | 5.62 Bn |
| Jun 30, 2023 | -5.30 Bn |
| Mar 31, 2023 | 3.65 Bn |
| Dec 31, 2022 | 3.51 Bn |
| Sep 30, 2022 | 3.58 Bn |
| Jun 30, 2022 | 4.49 Bn |
| Mar 31, 2022 | 4.86 Bn |
| Dec 31, 2021 | 3.91 Bn |
| Sep 30, 2021 | 5.27 Bn |
| Jun 30, 2021 | 1.72 Bn |