MRK Q3 2025 Earnings — Income Statement Breakdown
For its Q3 2025 period (ending 2025-09-30), MRK reported revenue of $17.3B, gross profit of $13.4B (77.7% gross margin), operating income of $6.5B, and net income of $5.8B (33.5% net margin). The flow of revenue into costs and profit is visualized below.
What changed
MRK was profitable; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
MRK Q3 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $17.3B | 100% |
| Cost of Revenue | −$3.9B | 22.3% |
| Gross Profit | $13.4B | 77.7% |
| Research & Development | −$4.2B | 24.5% |
| Selling, General & Administrative | −$2.6B | 15.2% |
| Other Operating Expenses | −$47M | 0.3% |
| Operating Income | $6.5B | 37.7% |
| Other Income, net | $238M | 1.4% |
| Income Tax Expense | −$958M | 5.5% |
| Net Income | $5.8B | 33.5% |
Source: original SEC filing (filed 2025-10-30). Accession 0001104659-25-103974. Data normalized by EarningsFyi.