Merck & Co., Inc.

MRK Healthcare Drug Manufacturers General

Merck & Co., Inc.’s revenue for fiscal 2025 (year ended December 2025) was $65.0 billion, up 1.31% from fiscal 2024.

Revenue
+4.68%
EPS
−130.7%
Free cash flow
+77.0%
Total debt
+50.4%

Quarter to September 2026, against a year earlier

146.92 3.44 −2.29%
Market cap
$362.5B
P/E
118×
Fwd P/E
109×
Dividend yield
2.31%
F-score
4/9
Altman Z
3.77
Beneish M
−2.27
Dividend safety
74/100

Merck & Co., Inc. (MRK) Revenue

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Merck & Co., Inc.'s revenue for fiscal 2025 was $65.0B, unchanged from fiscal 2024. Over the twelve months to 30 September 2026 it was $67.4B. Over the past ten years it has ranged from $39.1B (fiscal 2019) to $65.0B (fiscal 2025) — the current reading is the highest in ten years. Revenue has risen for 6 consecutive fiscal years. Merck & Co., Inc. ranks 3rd of 18 Drug Manufacturers General companies by revenue.

Revenue, annual

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Annual newest first

Period Revenue Change
FY2025 $65.0B 1.31%
FY2024 $64.2B 6.74%
FY2023 $60.1B 1.40%
FY2022 $59.3B 21.72%
FY2021 $48.7B 17.31%
FY2020 $41.5B 6.13%
FY2019 $39.1B (7.50%)
FY2018 $42.3B 5.41%
FY2017 $40.1B 0.79%
FY2016 $39.8B 0.78%

Quarterly newest first

Period Revenue Change
Sep 2026 $18.1B 8.90%
Jun 2026 $16.6B 1.97%
Mar 2026 $16.3B (0.70%)
Dec 2025 $16.4B (5.07%)
43 more quarters

Against its own ten years

Low $39.1B High $65.0B
Ten-year median $42.3B
Current reading's percentile 100

Revenue against peers

What Revenue is

Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.

Reported line item

The full definition of Revenue →

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