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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 .

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 yearPeriod endedReportedNet IncomeYoY
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.

CompanyNet IncomeSector
Novo Nordisk A/S (NVO)$102.43BHealthcare
Johnson & Johnson (JNJ)$26.80BHealthcare
Eli Lilly and Company (LLY)$20.64BHealthcare
UnitedHealth Group Incorporated (UNH)$12.06BHealthcare
AstraZeneca PLC (AZN)$10.26BHealthcare
Amgen Inc. (AMGN)$7.71BHealthcare
Thermo Fisher Scientific Inc. (TMO)$6.74BHealthcare
AbbVie Inc. (ABBV)$4.23BHealthcare

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.