Merck Cost of Goods Sold 2012-2026 | MRK

Merck annual/quarterly cost of goods sold history and growth rate from 2012 to 2026. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Merck cost of goods sold for the quarter ending March 31, 2026 was $4.195B, a 22.7% increase year-over-year.
  • Merck cost of goods sold for the twelve months ending March 31, 2026 was $17.158B, a 13.84% increase year-over-year.
  • Merck annual cost of goods sold for 2025 was $16.382B, a 7.83% increase from 2024.
  • Merck annual cost of goods sold for 2024 was $15.193B, a 5.79% decline from 2023.
  • Merck annual cost of goods sold for 2023 was $16.126B, a 7.38% decline from 2022.
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Merck Annual Cost of Goods Sold
(Millions of US $)
2025 $16,382
2024 $15,193
2023 $16,126
2022 $17,411
2021 $13,626
2020 $13,618
2019 $12,016
2018 $13,509
2017 $12,912
2016 $14,030
2015 $14,934
2014 $16,768
2013 $16,954
2012 $16,446
2011 $16,871
Merck Quarterly Cost of Goods Sold
(Millions of US $)
2026-03-31 $4,195
2025-12-31 $5,551
2025-09-30 $3,855
2025-06-30 $3,557
2025-03-31 $3,419
2024-12-31 $3,828
2024-09-30 $4,080
2024-06-30 $3,745
2024-03-31 $3,540
2023-12-31 $3,912
2023-09-30 $4,264
2023-06-30 $4,024
2023-03-31 $3,926
2022-12-31 $3,881
2022-09-30 $3,934
2022-06-30 $4,216
2022-03-31 $5,380
2021-12-31 $3,873
2021-09-30 $3,450
2021-06-30 $3,104
2021-03-31 $3,199
2020-12-31 $4,546
2020-09-30 $3,013
2020-06-30 $2,747
2020-03-31 $3,312
2019-12-31 $1,573
2019-09-30 $3,990
2019-06-30 $3,401
2019-03-31 $3,052
2018-12-31 $3,289
2018-09-30 $3,619
2018-06-30 $3,417
2018-03-31 $3,184
2017-12-31 $3,440
2017-09-30 $3,307
2017-06-30 $3,116
2017-03-31 $3,049
2016-12-31 $3,471
2016-09-30 $3,409
2016-06-30 $3,578
2016-03-31 $3,572
2015-12-31 $3,850
2015-09-30 $3,761
2015-06-30 $3,754
2015-03-31 $3,569
2014-12-31 $3,749
2014-09-30 $4,223
2014-06-30 $4,893
2014-03-31 $3,903
2013-12-31 $4,607
2013-09-30 $4,104
2013-06-30 $4,284
2013-03-31 $3,959
2012-12-31 $4,160
2012-09-30 $4,137
2012-06-30 $4,112
2012-03-31 $4,037
2011-12-31 $4,176
2011-09-30 $4,352
2011-06-30 $4,284
Sector Industry Market Cap Revenue
Medical Large Cap Pharmaceutical $299.893B $65.011B
Merck & Co. boasts more than six blockbuster drugs in its portfolio with PD-L1 inhibitor, Keytruda, approved for several types of cancer. Keytruda has played an instrumental role in driving Merck's steady revenue growth in the past few years. Well-known products in Merck's portfolio include Keytruda, Simponi , Januvia and Janumet, Bridion, Isentress, ProQuad, Gardasil, Pneumovax 23, RotaTeq and Belsomra. Merck made its biggest acquisition of Schering-Plough and sold off its Consumer Care business to Bayer. Other key acquisitions include Idenix Pharmaceuticals, Cubist Pharmaceuticals, Rigontec, ArQule and Acceleron Pharma. IMerck spun off products from its Women's Health unit, legacy drugs and biosimilar products into a new publicly traded company called Organon & Co.
Stock Name Country Market Cap PE Ratio
Eli Lilly (LLY) United States $887.629B 38.81
Johnson & Johnson (JNJ) United States $574.358B 22.08
AbbVie (ABBV) United States $367.673B 20.79
Roche Holding AG (RHHBY) Switzerland $318.782B 0.00
Novartis AG (NVS) Switzerland $293.951B 17.16
Novo Nordisk (NVO) Denmark $167.527B 9.60
Pfizer (PFE) United States $153.074B 8.33
Sanofi (SNY) France $114.048B 10.56
Bayer (BAYRY) Germany $46.178B 8.70
Innoviva (INVA) United States $1.760B 5.88