Growth Metrics

Merck (MRK) Gross Margin (2016 - 2026)

Merck has reported Gross Margin over the past 18 years, most recently at 74.24% for Q1 2026.

  • Quarterly Gross Margin fell 374.0% to 74.24% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 73.91% through Mar 2026, down 251.0% year-over-year, with the annual reading at 74.8% for FY2025, 152.0% down from the prior year.
  • Gross Margin was 74.24% for Q1 2026 at Merck, up from 66.15% in the prior quarter.
  • Over five years, Gross Margin peaked at 77.98% in Q1 2025 and troughed at 66.15% in Q4 2025.
  • The 5-year median for Gross Margin is 73.7% (2022), against an average of 73.79%.
  • Year-over-year, Gross Margin surged 673bps in 2023 and then tumbled -935bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 71.94% in 2022, then increased by 2bps to 73.26% in 2023, then grew by 3bps to 75.5% in 2024, then dropped by -12bps to 66.15% in 2025, then rose by 12bps to 74.24% in 2026.
  • Per Business Quant, the three most recent readings for MRK's Gross Margin are 74.24% (Q1 2026), 66.15% (Q4 2025), and 77.69% (Q3 2025).