Merck & Co., Inc. revenue by year
Over the 10 fiscal years shown, revenue went from $39.81B (year ended Dec 31, 2016) to $65.01B (year ended Dec 31, 2025), a compound annual growth rate of 5.6%. The fastest growth was +21.7% in the year ended Dec 31, 2022; the weakest year was −7.5% (year ended Dec 31, 2019).
Annual revenue
| Fiscal year ended | Revenue (USD) | Change | XBRL concept | Reported in |
|---|---|---|---|---|
| Dec 31, 2025 | $65.01B | +1.3% | Revenues | 10-K filed Feb 24, 2026 |
| Dec 31, 2024 | $64.17B | +6.7% | Revenues | 10-K filed Feb 24, 2026 |
| Dec 31, 2023 | $60.12B | +1.4% | Revenues | 10-K filed Feb 24, 2026 |
| Dec 31, 2022 | $59.28B | +21.7% | Revenues | 10-K filed Feb 25, 2025 |
| Dec 31, 2021 | $48.70B | +17.3% | Revenues | 10-K filed Feb 26, 2024 |
| Dec 31, 2020 | $41.52B | +6.1% | Revenues | 10-K filed Feb 24, 2023 |
| Dec 31, 2019 | $39.12B | −7.5% | Revenues | 10-K filed Feb 25, 2022 |
| Dec 31, 2018 | $42.29B | +5.4% | Revenues | 10-K filed Feb 25, 2021 |
| Dec 31, 2017 | $40.12B | +0.8% | Revenues | 10-K filed Feb 26, 2020 |
| Dec 31, 2016 | $39.81B | +0.8% | Revenues | 10-K filed Feb 27, 2019 |
Quarterly revenue
Quarters reported in 10-Q filings. Fourth quarters are usually reported only inside the annual 10-K, so they are not listed separately here; we do not estimate them.
| Quarter | Revenue (USD) | vs same quarter a year earlier | Source |
|---|---|---|---|
| 3 months ended Jun 30, 2026 | $16.61B | +5.1% | 10-Q filed Aug 7, 2026 |
| 3 months ended Mar 31, 2026 | $16.29B | +4.9% | 10-Q filed May 4, 2026 |
| 3 months ended Sep 30, 2025 | $17.28B | +3.7% | 10-Q filed Nov 5, 2025 |
| 3 months ended Jun 30, 2025 | $15.81B | −1.9% | 10-Q filed Aug 7, 2026 |
| 3 months ended Mar 31, 2025 | $15.53B | −1.6% | 10-Q filed May 4, 2026 |
| 3 months ended Sep 30, 2024 | $16.66B | +4.4% | 10-Q filed Nov 5, 2025 |
| 3 months ended Jun 30, 2024 | $16.11B | +7.2% | 10-Q filed Aug 5, 2025 |
| 3 months ended Mar 31, 2024 | $15.78B | +8.9% | 10-Q filed May 2, 2025 |
Source: SEC EDGAR XBRL company facts for CIK 310158 (raw data). Most recent filing in this dataset: 10-Q filed Aug 7, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.