earnings
confidence high
sentiment neutral
materiality 0.80
Merck Q4 Non-GAAP EPS $2.04 (+19% YoY); FY2026 guidance $5.00-$5.15 on Cidara charge
Merck & Co., Inc.
2025-FY EPS reported
$7.28
revenue$65,011,000,000
- Q4 2025 sales $16.4B (+5% GAAP EPS $1.19, Non-GAAP EPS $2.04).
- Full-year sales $65.0B; Non-GAAP EPS $8.98 (+17% YoY).
- KEYTRUDA $31.7B (+7%); WINREVAIR $1.4B; GARDASIL $5.2B (-39% on China weakness).
- FY2026 sales guidance $65.5-$67.0B; Non-GAAP EPS $5.00-$5.15 includes ~$3.65 Cidara charge.
- Acquired Verona Pharma and Cidara; 18 positive Phase 3 trials in 2025.