| Balance sheet (USD) | Q2 2026 ended Jun 30, 2026 | Q1 2026 ended Mar 31, 2026 | Q4 2025 ended Dec 31, 2025 | Q3 2025 ended Sep 30, 2025 | Q2 2025 ended Jun 30, 2025 | Q1 2025 ended Mar 31, 2025 | Q4 2024 ended Dec 31, 2024 | Q3 2024 ended Sep 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 6.85B | 5.33B | 14.56B | 18.17B | 8.01B | 8.63B | 13.24B | 14.59B |
| Short-term investments | 292.00M | 375.00M | 0 | 45.00M | 615.00M | 599.00M | 447.00M | 0 |
| Receivables | 12.56B | 12.21B | 11.78B | 12.12B | 11.85B | 10.79B | 10.28B | 11.38B |
| Inventory | 6.21B | 6.48B | 6.66B | 6.44B | 6.60B | 6.20B | 6.11B | 6.24B |
| Total current assets | 36.68B | 35.02B | 43.52B | 47.56B | 37.06B | 35.50B | 38.78B | 40.36B |
| Property, plant and equipment | 25.74B | 25.43B | 25.32B | 25.64B | 25.24B | 24.79B | 23.78B | 23.45B |
| Goodwill and intangibles | 46.56B | 47.33B | 48.26B | 36.90B | 36.78B | 37.44B | 38.04B | 38.71B |
| Total assets | 129.80B | 128.69B | 136.87B | 129.55B | 117.52B | 115.12B | 117.11B | 117.53B |
| Accounts payable | 3.83B | 3.86B | 4.40B | 4.15B | 3.89B | 3.78B | 4.08B | 3.59B |
| Total current liabilities | 27.73B | 26.95B | 28.33B | 28.63B | 26.04B | 25.17B | 28.42B | 29.59B |
| Long-term debt | 51.08B | 46.67B | 46.75B | 39.97B | 33.97B | 33.48B | 34.46B | 34.98B |
| Total liabilities | 87.87B | 82.81B | 84.26B | 77.70B | 68.53B | 66.79B | 70.79B | 73.03B |
| Retained earnings | 63.27B | 66.72B | 73.08B | 72.23B | 68.48B | 66.10B | 63.07B | 61.38B |
| Shareholders' equity | 41.93B | 45.88B | 52.61B | 51.85B | 48.99B | 48.34B | 46.31B | 44.50B |
| Total debt | 53.91B | 49.12B | 49.34B | 41.37B | 35.40B | 34.84B | 37.11B | 38.13B |
| Net debt | 47.06B | 43.79B | 34.77B | 23.20B | 27.39B | 26.21B | 23.87B | 23.54B |
From Merck's 10-K and 10-Q filings with the SEC. Fourth quarters, and quarters where the company only reported year-to-date totals, are worked out by subtracting the earlier quarters. Fiscal years are the company's own, so they may not match the calendar. A blank cell means the company did not report that line. New to this? Read balance sheet or reading a 10-K.
Revenue, earnings, margins and balance sheet trends drawn by TradingView from its own data, so figures can differ slightly from the SEC table above.