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
DateValue
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