Income Statement (TTM)
Merck & Co., Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
2020 09-30 |
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 42,438 | 41,518 | 41,857 | 43,906 | 46,131 | 48,704 | 53,978 | 57,169 | 58,974 | 59,283 | 57,869 | 58,311 | 59,315 | 60,115 | 61,403 | 62,480 | 63,174 | 64,168 | 63,922 | 63,616 |
Change (%) | -2.17 | 0.82 | 4.90 | 5.07 | 5.58 | 10.83 | 5.91 | 3.16 | 0.52 | -2.39 | 0.76 | 1.72 | 1.35 | 2.14 | 1.75 | 1.11 | 1.57 | -0.38 | -0.48 | |
% of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
Cost Of Sales | 12,025 | 11,990 | 11,778 | 12,085 | 12,511 | 13,466 | 15,851 | 16,971 | 17,450 | 17,206 | 15,769 | 15,613 | 15,963 | 15,915 | 15,442 | 15,128 | 14,786 | 14,698 | 14,657 | 14,370 |
Change (%) | -0.29 | -1.77 | 2.61 | 3.53 | 7.63 | 17.71 | 7.07 | 2.82 | -1.40 | -8.35 | -0.99 | 2.24 | -0.30 | -2.97 | -2.03 | -2.26 | -0.60 | -0.28 | -1.96 | |
% of Revenue | 28.34 | 28.88 | 28.14 | 27.52 | 27.12 | 27.65 | 29.37 | 29.69 | 29.59 | 29.02 | 27.25 | 26.78 | 26.91 | 26.47 | 25.15 | 24.21 | 23.41 | 22.91 | 22.93 | 22.59 |
Gross Operating Profit | 30,413 | 29,528 | 30,079 | 31,821 | 33,620 | 35,238 | 38,127 | 40,198 | 41,524 | 42,077 | 42,100 | 42,698 | 43,352 | 44,200 | 45,961 | 47,352 | 48,388 | 49,470 | 49,265 | 49,246 |
Change (%) | -2.91 | 1.87 | 5.79 | 5.65 | 4.81 | 8.20 | 5.43 | 3.30 | 1.33 | 0.05 | 1.42 | 1.53 | 1.96 | 3.98 | 3.03 | 2.19 | 2.24 | -0.41 | -0.04 | |
% of Revenue | 71.66 | 71.12 | 71.86 | 72.48 | 72.88 | 72.35 | 70.63 | 70.31 | 70.41 | 70.98 | 72.75 | 73.22 | 73.09 | 73.53 | 74.85 | 75.79 | 76.59 | 77.09 | 77.07 | 77.41 |
SG&A | 8,812 | 8,569 | 8,669 | 8,845 | 9,260 | 9,403 | 9,489 | 9,776 | 9,840 | 9,669 | 9,851 | 9,934 | 9,839 | 9,884 | 9,839 | 9,847 | 10,050 | 10,100 | 10,186 | 10,135 |
Change (%) | -2.76 | 1.17 | 2.03 | 4.69 | 1.54 | 0.91 | 3.02 | 0.65 | -1.74 | 1.88 | 0.84 | -0.96 | 0.46 | -0.46 | 0.08 | 2.06 | 0.50 | 0.85 | -0.50 | |
% of Revenue | 20.76 | 20.64 | 20.71 | 20.15 | 20.07 | 19.31 | 17.58 | 17.10 | 16.69 | 16.31 | 17.02 | 17.04 | 16.59 | 16.44 | 16.02 | 15.76 | 15.91 | 15.74 | 15.94 | 15.93 |
R&D | 9,079 | 10,564 | 10,339 | 10,678 | 10,725 | 11,942 | 10,515 | 10,940 | 11,923 | 11,918 | 12,433 | 12,881 | 12,556 | 18,342 | 18,592 | 18,868 | 21,544 | 14,481 | 14,668 | 15,163 |
Change (%) | 16.36 | -2.13 | 3.28 | 0.44 | 11.35 | -11.95 | 4.04 | 8.99 | -0.04 | 4.32 | 3.60 | -2.52 | 46.08 | 1.36 | 1.48 | 14.18 | -32.78 | 1.29 | 3.37 | |
% of Revenue | 21.39 | 25.44 | 24.70 | 24.32 | 23.25 | 24.52 | 19.48 | 19.14 | 20.22 | 20.10 | 21.48 | 22.09 | 21.17 | 30.51 | 30.28 | 30.20 | 34.10 | 22.57 | 22.95 | 23.84 |
OpEx | 29,916 | 31,123 | 30,786 | 31,608 | 32,496 | 34,811 | 35,855 | 37,687 | 39,213 | 38,793 | 38,053 | 38,428 | 38,358 | 44,141 | 43,873 | 43,843 | 46,380 | 39,279 | 39,511 | 39,668 |
Change (%) | 4.03 | -1.08 | 2.67 | 2.81 | 7.12 | 3.00 | 5.11 | 4.05 | -1.07 | -1.91 | 0.99 | -0.18 | 15.08 | -0.61 | -0.07 | 5.79 | -15.31 | 0.59 | 0.40 | |
% of Revenue | 70.49 | 74.96 | 73.55 | 71.99 | 70.44 | 71.47 | 66.43 | 65.92 | 66.49 | 65.44 | 65.76 | 65.90 | 64.67 | 73.43 | 71.45 | 70.17 | 73.42 | 61.21 | 61.81 | 62.36 |
Operating Income | 12,522 | 10,395 | 11,071 | 12,298 | 13,635 | 13,893 | 18,123 | 19,482 | 19,761 | 20,490 | 19,816 | 19,883 | 20,957 | 15,974 | 17,530 | 18,637 | 16,794 | 24,889 | 24,411 | 23,948 |
Change (%) | -16.99 | 6.50 | 11.08 | 10.87 | 1.89 | 30.45 | 7.50 | 1.43 | 3.69 | -3.29 | 0.34 | 5.40 | -23.78 | 9.74 | 6.31 | -9.89 | 48.20 | -1.92 | -1.90 | |
% of Revenue | 29.51 | 25.04 | 26.45 | 28.01 | 29.56 | 28.53 | 33.57 | 34.08 | 33.51 | 34.56 | 34.24 | 34.10 | 35.33 | 26.57 | 28.55 | 29.83 | 26.58 | 38.79 | 38.19 | 37.64 |
Interest Expense | -843 | -831 | -819 | -811 | -804 | -806 | -849 | -888 | -936 | -962 | -961 | -998 | -1,071 | -1,146 | -1,207 | -1,240 | -1,253 | -1,271 | -1,281 | -1,276 |
Change (%) | -1.42 | -1.44 | -0.98 | -0.86 | 0.25 | 5.33 | 4.59 | 5.41 | 2.78 | -0.10 | 3.85 | 7.31 | 7.00 | 5.32 | 2.73 | 1.05 | 1.44 | 0.79 | -0.39 | |
% of Revenue | -1.99 | -2.00 | -1.96 | -1.85 | -1.74 | -1.65 | -1.57 | -1.55 | -1.59 | -1.62 | -1.66 | -1.71 | -1.81 | -1.91 | -1.97 | -1.98 | -1.98 | -1.98 | -2.00 | -2.01 |
Net Income | 11,517 | 7,067 | 7,027 | 5,570 | 7,197 | 13,049 | 14,180 | 16,579 | 15,260 | 14,519 | 13,030 | 3,111 | 4,608 | 365 | 2,306 | 13,736 | 12,148 | 17,117 | 17,434 | 16,406 |
Change (%) | -38.64 | -0.57 | -20.73 | 29.21 | 81.31 | 8.67 | 16.92 | -7.96 | -4.86 | -10.26 | -76.12 | 48.12 | -92.08 | 531.78 | 495.66 | -11.56 | 40.90 | 1.85 | -5.90 | |
% of Revenue | 27.14 | 17.02 | 16.79 | 12.69 | 15.60 | 26.79 | 26.27 | 29.00 | 25.88 | 24.49 | 22.52 | 5.34 | 7.77 | 0.61 | 3.76 | 21.98 | 19.23 | 26.68 | 27.27 | 25.79 |
Source: Capital IQ