Merck (MRK) Tax Provisions (2009 - 2026)
Merck's (MRK) quarterly Tax Provisions came in at $654.0 million in Q2 2026, up 14.54% year-over-year from $571.0 million in Q2 2025, and down 7.76% quarter-over-quarter from $709.0 million in Q1 2026.
Analysis
Merck (MRK) Tax Provisions (2009 - 2026) Analysis & Trends
Merck (MRK) has reported Tax Provisions for 18 consecutive years, with $654.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions rose 14.54% year-over-year to $654.0 million in Q2 2026; TTM through Jun 2026 was $2.8 billion, a 1.28% increase from a year earlier, with the FY2025 full-year figure at $2.8 billion, changed 0.04% from the prior year.
- Tax Provisions was $654.0 million for Q2 2026 at Merck, down from $709.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $958.0 million in Q3 2025 and troughed at -$820.0 million in Q4 2023.
- A 5-year average of $577.8 million and a median of $604.0 million in 2023 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions jumped 482.35% in 2022 and tumbled 265.66% in 2023, its largest moves.
- Over 5 years, Tax Provisions stood at $495.0 million in 2022, then plunged by 265.66% to -$820.0 million in 2023, then jumped by 151.95% to $426.0 million in 2024, then advanced by 7.51% to $458.0 million in 2025, then surged by 42.79% to $654.0 million in 2026.
- The last three Tax Provisions figures came in at $654.0 million (Q2 2026), $709.0 million (Q1 2026), and $458.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 641.14 Bn | 620.38 Bn | 17.26 Bn | 1.21 Bn |
| 2 | AbbVie | 451.04 Bn | 444.47 Bn | 12.70 Bn | 662.00 Mn |
| 3 | Merck | 357.43 Bn | 350.29 Bn | 12.21 Bn | 654.00 Mn |
| 4 | Novartis Ag | 266.73 Bn | 259.04 Bn | 11.24 Bn | -1.01 Bn |
| 5 | Pfizer | 157.52 Bn | 145.82 Bn | 10.94 Bn | -407.00 Mn |
| 6 | Sanofi | 52.14 Bn | 44.76 Bn | 10.79 Bn | -524.23 Mn |
| 7 | Revolution Medicines | 42.88 Bn | 42.88 Bn | - | - |
| 8 | Incyte | 24.70 Bn | 20.16 Bn | 1.57 Bn | 165.91 Mn |
| 9 | United Therapeutics | 21.47 Bn | 18.80 Bn | 683.80 Mn | 39.70 Mn |
| 10 | Neurocrine Biosciences | 15.82 Bn | 15.43 Bn | 935.80 Mn | 17.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 654.00 Mn |
| Mar 31, 2026 | 709.00 Mn |
| Dec 31, 2025 | 458.00 Mn |
| Sep 30, 2025 | 958.00 Mn |
| Jun 30, 2025 | 571.00 Mn |
| Mar 31, 2025 | 818.00 Mn |
| Dec 31, 2024 | 426.00 Mn |
| Sep 30, 2024 | 929.00 Mn |
| Jun 30, 2024 | 545.00 Mn |
| Mar 31, 2024 | 903.00 Mn |
| Dec 31, 2023 | -820.00 Mn |
| Sep 30, 2023 | 870.00 Mn |
| Jun 30, 2023 | 637.00 Mn |
| Mar 31, 2023 | 825.00 Mn |
| Dec 31, 2022 | 495.00 Mn |
| Sep 30, 2022 | 330.00 Mn |
| Jun 30, 2022 | 538.00 Mn |
| Mar 31, 2022 | 554.00 Mn |
| Dec 31, 2021 | 85.00 Mn |
| Sep 30, 2021 | 695.00 Mn |