Revenue
$16.61B +5.1% on Q2 2025
NYSE:MRK
Merck had revenue of $16.6 billion in Q2 2026, the quarter that ended Jun 30, 2026, 5.1% more than a year earlier. Below are its quarterly and annual figures, split by segment and region.
Latest quarter, Q2 2026 ended Jun 30, 2026
Revenue
Net income
$16.61B +5.1% on Q2 2025
Q2 2026
Q2 2026
Q2 2026
−$1.34B −130.2% on Q2 2025
| Merck revenue by quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | $16.61B | $16.29B | $16.40B | $17.28B | $15.81B | $15.53B | $15.62B | $16.66B | $16.11B | $15.78B | $14.63B | $15.96B | $15.04B | $14.49B | $13.83B | $14.96B | $14.59B | $15.90B | $13.52B | $13.15B |
| Segments | ||||||||||||||||||||
| Pharmaceutical | $14.76B | $14.35B | $14.84B | $15.61B | $14.05B | $13.64B | $14.04B | $14.94B | $14.41B | $14.01B | $13.14B | $14.26B | $13.46B | $12.72B | $12.18B | $12.96B | $12.76B | $14.11B | $12.04B | $11.50B |
| Animal Health | $1.78B | $1.79B | $1.51B | $1.62B | $1.65B | $1.59B | $1.40B | $1.49B | $1.48B | $1.51B | $1.28B | $1.40B | $1.46B | $1.49B | $1.23B | $1.37B | $1.47B | $1.48B | $1.26B | $1.42B |
| Other segments | $0.00 | $0.00 | ||||||||||||||||||
| Regions | ||||||||||||||||||||
| United States | $9.36B | $9.03B | $9.11B | $10.00B | $8.83B | $8.43B | $8.17B | $8.71B | $7.85B | $7.41B | $7.09B | $7.62B | $7.05B | $6.60B | $6.27B | $7.10B | $6.20B | $7.25B | $6.19B | $6.14B |
| Non-US | $7.17B | $7.11B | $7.24B | $7.23B | $6.87B | $6.80B | $7.27B | $7.72B | $8.04B | $8.11B | $7.33B | $8.05B | $7.87B | $7.61B | $7.14B | $7.24B | $8.02B | $8.34B | $7.12B | $6.78B |
| Europe, Middle East and Africa | $3.92B | $3.89B | $3.79B | $3.68B | $3.66B | $3.45B | $3.38B | $3.58B | $3.52B | $3.56B | $3.28B | $3.33B | $3.35B | $3.30B | $3.27B | $3.29B | $3.58B | $4.36B | $3.43B | $3.34B |
| Latin America | $875.00M | $874.00M | $854.00M | $905.00M | $859.00M | $792.00M | $868.00M | $936.00M | $858.00M | $796.00M | $788.00M | $895.00M | $742.00M | $661.00M | $649.00M | $684.00M | $642.00M | $607.00M | $575.00M | $599.00M |
| Asia Pacific (other than China and Japan) | $820.00M | $738.00M | $745.00M | $764.00M | $785.00M | $689.00M | $764.00M | $823.00M | $748.00M | $724.00M | $750.00M | $781.00M | $848.00M | $846.00M | $822.00M | $854.00M | $1.01B | $930.00M | $625.00M | $613.00M |
| Other | $640.00M | $679.00M | $781.00M | $798.00M | $595.00M | $701.00M | $701.00M | $624.00M | $612.00M | $621.00M | $599.00M | $469.00M | $491.00M | $545.00M | $728.00M | $698.00M | $637.00M | $534.00M | $462.00M | $379.00M |
| Japan | $577.00M | $555.00M | $704.00M | $712.00M | $626.00M | $669.00M | $835.00M | $938.00M | $686.00M | $821.00M | $650.00M | $1.08B | $675.00M | $758.00M | $853.00M | $673.00M | $1.11B | $989.00M | $797.00M | $638.00M |
| China | $408.00M | $390.00M | $386.00M | $405.00M | $446.00M | $702.00M | $888.00M | $1.02B | $1.82B | $1.77B | $1.48B | $1.69B | $1.91B | $1.72B | $1.23B | $1.44B | $1.37B | $1.14B | $1.37B | $1.31B |
| Merck net income by quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | −$1.34B | −$4.24B | $2.96B | $5.79B | $4.43B | $5.08B | $3.74B | $3.16B | $5.46B | $4.76B | −$1.23B | $4.75B | −$5.98B | $2.82B | $3.02B | $3.25B | $3.94B | $4.31B | $3.76B | $4.57B |
Revenue was $16.6 billion and net income was −$1.3 billion.
Pharmaceutical was the largest segment, with $14.8 billion or 89% of revenue. By region, United States brought in the most, 56% of the total.
Merck reports on the calendar year, so 2025 ended on Dec 31, 2025 and its quarters line up with the calendar's.
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