Net Income for Merck & Co. (MRK)
According to Merck & Co.'s latest reported financial statements, the company's current net income (TTM) is $18.25B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

MRK
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$18.25B
YoY change
+6.6%
5Y CAGR
+20.9%
Peak year (2025)
$18.25B
Cumulative net income
$232.62B
Net Income history chart for Merck & Co. (MRK) from 1985 to 2025
Net Income history table for Merck & Co. (MRK) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $18.25B | +6.6% | ||
| 2024 | $17.12B | +4589.6% | ||
| 2023 | $365.00M | -97.5% | ||
| 2022 | $14.52B | +11.3% | ||
| 2021 | $13.05B | +84.6% | ||
| 2020 | $7.07B | -28.2% | ||
| 2019 | $9.84B | +58.2% | ||
| 2018 | $6.22B | +159.8% | ||
| 2017 | $2.39B | -38.9% | ||
| 2016 | $3.92B | -11.8% | ||
| 2015 | $4.44B | -62.7% | ||
| 2014 | $11.92B | +170.7% | ||
| 2013 | $4.40B | -28.6% | ||
| 2012 | $6.17B | -1.7% | ||
| 2011 | $6.27B | +628.5% | ||
| 2010 | $861.00M | -93.3% | ||
| 2009 | $12.90B | +65.2% | ||
| 2008 | $7.81B | +138.4% | ||
| 2007 | $3.28B | -26.1% | ||
| 2006 | $4.43B | -4.3% | ||
| 2005 | $4.63B | -20.6% | ||
| 2004 | $5.83B | -14.7% | ||
| 2003 | $6.83B | -4.5% | ||
| 2002 | $7.15B | -1.8% | ||
| 2001 | $7.28B | +6.7% | ||
| 2000 | $6.82B | +15.8% | ||
| 1999 | $5.89B | +12.2% | ||
| 1998 | $5.25B | +13.7% | ||
| 1997 | $4.61B | +18.9% | ||
| 1996 | $3.88B | +16.4% | ||
| 1995 | $3.34B | +11.3% | ||
| 1994 | $3.00B | +38.4% | ||
| 1993 | $2.17B | +9.2% | ||
| 1992 | $1.98B | -6.5% | ||
| 1991 | $2.12B | +19.1% | ||
| 1990 | $1.78B | +19.1% | ||
| 1989 | $1.50B | +23.9% | ||
| 1988 | $1.21B | +33.1% | ||
| 1987 | $906.40M | +34.1% | ||
| 1986 | $675.70M | +25.2% | ||
| 1985 | $539.90M | — |
Net Income values are taken from Merck & Co.'s reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Merck & Co. (MRK) reported net income of $18.25B – grew 6.6% year-over-year.
Merck & Co. net income has grown for 2 consecutive years, with a +20.9% compound annual growth rate over 2020–2025 (5 years).
Across the available history, net income reached its high of $18.25B in 2025 and its low of $365.00M in 2023.
Within Healthcare, Merck & Co. (MRK) ranks 4th among 8 peers we track. The peer median for net income is $11.16B.
Merck & Co. Net Income by Year
Merck & Co. Net Income 2025: $18.25B
Merck & Co. net income in 2025 was $18.25B, grew 6.6% from 2024. This figure represents the highest annual value in the available history.
Merck & Co. Net Income 2024: $17.12B
Merck & Co. net income in 2024 was $17.12B, surged 4589.6% from 2023.
Merck & Co. Net Income 2023: $365.00M
Merck & Co. net income in 2023 was $365.00M, plunged 97.5% below 2022. This figure represents the lowest annual value in the available history.
Merck & Co. Net Income 2022: $14.52B
Merck & Co. net income in 2022 was $14.52B, grew 11.3% from 2021.
Merck & Co. Net Income 2021: $13.05B
Merck & Co. net income in 2021 was $13.05B.
See more financial history for Merck & Co. (MRK).
Sector peers — Net Income
Companies in the same sector as Merck & Co., ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | $102.43B | Healthcare |
| Johnson & Johnson (JNJ) | $26.80B | Healthcare |
| Eli Lilly and Company (LLY) | $20.64B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $12.06B | Healthcare |
| AstraZeneca PLC (AZN) | $10.26B | Healthcare |
| Amgen Inc. (AMGN) | $7.71B | Healthcare |
| Thermo Fisher Scientific Inc. (TMO) | $6.74B | Healthcare |
| AbbVie Inc. (ABBV) | $4.23B | Healthcare |
Frequently asked questions
What is Merck & Co.'s net income?
- Latest reported net income for Merck & Co. (MRK) is $18.25B (period ending December 31, 2025).
How has Merck & Co. net income changed year-over-year?
- Merck & Co. (MRK) net income changed +6.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Merck & Co. net income?
- Merck & Co. (MRK) net income compound annual growth rate is +20.9% over the most recent 5 years available.
When did Merck & Co. net income hit its highest annual value?
- Merck & Co. net income reached its highest annual value of $18.25B in 2025.
What was Merck & Co. net income in 2024?
- Merck & Co. (MRK) net income in 2024 was $17.12B.
What was Merck & Co. net income in 2025?
- Merck & Co. (MRK) net income in 2025 was $18.25B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
MRK Overview
Company profile, financial tools, and key metrics
MRK Revenue Counter
Earns $2,061 every second. See per minute, hour, and day.
MRK Earnings Counter
Earns $578.83 per second net profit. See per minute, hour, and day.
MRK Economic Scale
Exceeds Bolivia's GDP. Compare with world economies.
MRK What If Invested
What if you had invested $1,000? See historical returns from any date.
MRK How It Makes Money
Discover visual breakdown of $65.01B in revenue — where it comes from and where it goes.
MRK Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
MRK Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
MRK Daily Price Character
Steady · 48.2% historical win rate (green days). Streaks & record days.
MRK Buybacks
2.39% TTM buyback yield. Shareholder yield & SBC comparison.
MRK Stock Split History
7 splits on record. Dates, ratios, and cumulative multiple.
MRK Dividend Profile
Yield: 2.99%. Safety: 8/8. See full history.
MRK Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
MRK Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.