MRK Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), MRK reported revenue of $16.6B, gross profit of $12.2B (73.5% gross margin), operating income of −$584M, and net income of −$1.3B (-8.0% net margin). The flow of revenue into costs and profit is visualized below.
What changed
MRK reported a net loss; revenue fell 3.9% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −3.9% | −123.1% | −41.5 pp |
Consensus estimate data is not available for this report.
MRK Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $16.6B | 100% |
| Cost of Revenue | −$4.4B | 26.5% |
| Gross Profit | $12.2B | 73.5% |
| Research & Development | −$9.7B | 58.7% |
| Selling, General & Administrative | −$2.9B | 17.5% |
| Other Operating Expenses | −$151M | 0.9% |
| Operating Income | −$584M | -3.5% |
| Interest Expense | −$99M | 0.6% |
| Other Income, net | $2M | 0.0% |
| Income Tax Expense | −$654M | 3.9% |
| Net Income | −$1.3B | -8.0% |
Source: MRK filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.