Merck (MRK) Earnings
Merck's earnings release dates, analyst consensus, and share price reactions to past earnings—all in one place, in English.
When Does Merck Report Earnings?
Merck's next earnings report is scheduled for October 29, 2026, according to the company's announcement.
The expected earnings per share (EPS) is 2.13 USD. Analyst forecasts range from 1.80 to 2.29 USD. The market reacts not to the absolute earnings, but to the difference between the actual result and this forecast.
Expected revenue: 17.33 B USD.
Merck's Last Earnings Report: What the Numbers Showed
Merck's last reported quarter ended on June 30, 2026. Revenue was $16.61 billion, and net income was -$1.33 billion. EPS reached -$0.13, compared to analysts' forecast of -$0.26—beating expectations by 49.43%. The share price changed by +0.44% in the first session after the release.
Insider Transactions: Merck
Who from the management board, supervisory board, US Congress, or government bought and sold shares of this company — based on official filings.
How the stock reacted to past earnings
The company beat analyst estimates in 100% of the last 4 quarters.
The average share price change on the day after earnings release is 1.65% — regardless of direction. The largest move was 4.38%. This number says more about the risk of holding a position through an earnings report than the earnings forecast itself.
| Quarter | Release date | EPS estimate | Actual EPS | Surprise | Share price reaction |
|---|---|---|---|---|---|
| June 30, 2026 | August 4, 2026 | -0.26 | -0.13 | +49.43% | +0.44% |
| March 31, 2026 | April 30, 2026 | -1.47 | -1.28 | +13.15% | +1.09% |
| December 31, 2025 | February 3, 2026 | 2.01 | 2.04 | +1.47% | +4.38% |
| September 30, 2025 | October 30, 2025 | 2.35 | 2.58 | +9.85% | -0.69% |
How much this company's stock moves after earnings
Merck's share price changes by an average of 1.65% on the first trading day after earnings releases, based on the last 4 reports, regardless of direction. This ranks 172 out of 180 companies for which we calculated this statistic.
Analyst forecasts for upcoming periods
The consensus is the average of many analysts' forecasts. The more analysts behind a number, the less likely it is to be a single error—but forecast agreement is never a guarantee of the actual result.
| Period | EPS estimate | EPS a year ago | Change | Revenue forecast | Analysts |
|---|---|---|---|---|---|
| Current quarter | 2.13 | 2.58 | -17.59% | $17.33 bn | 18 |
| Next quarter | 1.95 | 2.04 | -4.35% | $16.80 bn | 18 |
| Current year | 2.69 | 8.98 | -70.07% | $67.08 bn | 26 |
| Next year | 9.32 | 2.69 | +246.78% | $70.02 bn | 25 |
Revenue and margins quarter by quarter
Margin shows how much of sales a company retains. Rising revenue with shrinking margins means growth is coming at the expense of profitability—and that's usually more interesting than sales growth alone.
| Quarter | Revenue | Gross margin | Operating margin | Net margin |
|---|---|---|---|---|
| June 30, 2026 | $16.61 bn | 73.54% | -2.61% | -8.04% |
| March 31, 2026 | $16.29 bn | 74.24% | -19.65% | -26.03% |
| December 31, 2025 | $16.40 bn | 66.15% | 24.79% | 18.07% |
| September 30, 2025 | $17.28 bn | 77.69% | 37.94% | 33.49% |
| June 30, 2025 | $15.81 bn | 77.50% | 35.13% | 28.01% |
Merck Dividend
The last ex-dividend date was September 15, 2026. The date of the next payment is not yet known — it depends on the resolution of the general meeting, and Yahoo only provides the date after it is announced.
Note: The payout ratio is 266.67%, meaning Merck paid out more than it earned—from savings, debt, or a one-time gain. Such a dividend may not be repeated next year.
Who Reports in the Coming Weeks
Dates from the Portevo calendar — companies in the same industry are listed first, as their earnings often move the share prices of their peers even before their own reports.
About Merck
Merck & Co., Inc. is listed on the New York Stock Exchange under the ticker MRK, and its headquarters are in the United States. The company belongs to the Healthcare sector (industry: Drug Manufacturers - General).
- Ticker: MRK
- Exchange: New York Stock Exchange
- Trading Currency: USD
- Sector: healthcare
- Number of Analysts Providing Estimates: 25
- 52-Week Range: 82.01 – 156.92
- Company Website: https://www.merck.com
Frequently Asked Questions
When does Merck release earnings?
The next report is scheduled for October 29, 2026.
What were Merck's results last quarter?
For the quarter ended June 30, 2026: revenue 16.61 billion USD, net income -1.33 billion USD, EPS -0.13 USD. This is +49.43% compared to analyst forecasts.
What is Merck's ticker symbol?
MRK — on the New York Stock Exchange. You may also see MRK on quote services.
What is the EPS forecast for Merck?
The analyst consensus for the upcoming quarter is $2.13 per share. Individual forecasts range from $1.80 to $2.29.
How much does Merck's share price usually change after earnings?
On average, 1.65% in the session after publication, counting both directions. The largest recorded movement was 4.38%.
Does Merck usually beat analyst forecasts?
In the last 4 quarters, results exceeded forecasts in 100% of cases. History does not predict the next report, but it shows how cautiously analysts approach this company.
Where can I check Merck's financial results in English?
On Portevo — the earnings calendar, analyst forecasts, surprise history, and share price reactions are available for free and without an account.
Other companies in the healthcare sector
A company's earnings are most informative when compared to competitors in the same industry — this shows whether a weak quarter was a company-specific issue or a market-wide trend.
Related
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Portevo is not an investment advisor. The data and analyses are for informational and educational purposes only and do not constitute a recommendation or an offer to buy or sell financial instruments. Quotes are from external providers and may be delayed. You make investment decisions at your own risk.
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