MERCK & CO. INC. (MRK) Earnings History & Surprises

NYSE:MRK • US58933Y1055

117.09 USD
-0.02 (-0.02%)
At close: Mar 10, 2026
117.5 USD
+0.41 (+0.35%)
After Hours: 3/10/2026, 8:04:00 PM

Past quarterly earnings results for MERCK & CO. INC. (MRK), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release DateApr 30, 2026
PeriodQ1 / 2026
EPS Estimate-$1.37
Revenue Estimate16.061B

Last Reported

Most Recent
Release DateFeb 3, 2026
PeriodQ4 / 2025
EPS Reported$2.09
EPS Surprise 2.98%
Revenue Surprise 0.31%

Beat Rate

Last 8 Quarters
88%
EPS and Revenuebeats vs estimates

Quarterly Earnings Results

EPS & Revenue History (USD)

Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q4 2025 2.09 2.03 2.98% 21.51% 16.4B 16.35B 0.31% 4.97%
Q3 2025 2.68 2.37 13.06% 70.70% 17.276B 17.133B 0.83% 3.72%
Q2 2025 2.19 2.03 7.69% -3.95% 15.806B 16.053B -1.54% -1.90%
Q1 2025 2.22 2.16 2.93% 7.25% 15.529B 15.459B 0.45% -1.56%
Q4 2024 1.72 1.63 5.44% 5,633.33% 15.624B 15.64B -0.10% 6.79%
Q3 2024 1.57 1.52 3.35% -26.29% 16.657B 16.623B 0.20% 4.35%
Q2 2024 2.28 2.18 4.78% 210.68% 16.112B 15.999B 0.71% 7.16%
Q1 2024 2.07 1.89 9.30% 47.86% 15.775B 15.348B 2.78% 8.89%
Q4 2023 0.03 -0.11 127.21% -98.15% 14.63B 14.643B -0.09% 5.78%
Q3 2023 2.13 1.97 8.09% 15.14% 15.962B 15.471B 3.17% 6.70%
Q2 2023 -2.06 -2.20 6.33% -210.16% 15.035B 14.591B 3.04% 3.03%
Q1 2023 1.40 1.33 4.89% -34.58% 14.487B 13.921B 4.07% -8.89%
Q4 2022 1.62 1.55 4.30% -10.00% 13.83B 13.804B 0.19% 2.29%
Q3 2022 1.85 1.72 7.37% 5.71% 14.959B 14.223B 5.17% 13.72%
Q2 2022 1.87 1.72 8.68% 42.75% 14.593B 14.042B 3.92% 27.99%
Q1 2022 2.14 1.85 15.60% 52.86% 15.901B 14.831B 7.21% 49.63%
Q4 2021 1.80 1.54 16.78% 36.36% 13.521B 13.293B 1.72% 23.50%
Q3 2021 1.75 1.56 12.10% 0.57% 13.154B 12.457B 5.60% 20.36%
Q2 2021 1.31 1.32 -0.93% -4.38% 11.402B 11.206B 1.75% 21.91%
Q1 2021 1.40 1.64 -14.73% -6.67% 10.627B 12.792B -16.92% 3.30%
Q4 2020 1.32 1.39 -5.20% - 10.948B 12.809B -14.53% -
Q3 2020 1.74 1.45 19.66% - 10.929B 12.336B -11.41% -
Q2 2020 1.37 1.05 30.28% - 9.353B 10.49B -10.84% -
Q1 2020 1.50 1.36 10.68% - 10.288B 11.577B -11.13% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

MRK EPS Q2Q GrowthMRK EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 0 1K 2K 3K 4K 5K

Revenue Historical Q2Q growth and Acceleration

MRK Revenue Q2Q GrowthMRK Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 0 10 20 30 40

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
4
Average EPS beat (4)
6.66%
Max EPS beat (4)
13.06%
Min EPS beat (4)
2.93%

Revenue beat statistics

Revenue beat (4)
3
Average Revenue beat (4)
0.01%
Max Revenue beat (4)
0.83%
Min Revenue beat (4)
-1.54%

Analysis

In the last 4 quarters, MRK has consistently beaten EPS estimates in all releases
MRK has beaten revenue estimates in 3 out of the last 4 releases
In the last 4 quarters, MRK has beaten the EPS estimates by 6.7% on average.
In the last 4 quarters, MRK has beaten the revenue estimates by 0.0% on average.
→ Find peers who consistently beat earnings by at least 10% in the last 4 quarters

MERCK & CO. INC. / MRK Earnings FAQ

What is the most recent earnings date for MRK stock?

MERCK & CO. INC. (MRK) last reported earnings on 2/3/2026.


Can you provide information on whether MERCK & CO. INC. beat earnings estimates in the last quarter?

MERCK & CO. INC. (MRK) beat EPS estimates and beat revenue estimates in the most recent quarter.


Can you provide information on how often MERCK & CO. INC. beats earnings estimates?

In the last 4 quarters, MERCK & CO. INC. (MRK) has beaten EPS estimates in 4 out of 4 releases.