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Merck & Co., Inc. (MRK)

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Merck & Co., Inc. (MRK)

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Cash Flow Overview

Change in Cash
-$9,292M
Free Cash flow
$2,927M
Unit: Million (M) dollars
Positive Cash Flow Breakdown
    • Charge for research and developm...
    • Net change in short-term borrowi...
    • Amortization
    • Others
Negative Cash Flow Breakdown
    • Acquisition of cidara therapeuti...
    • Net (loss) income
    • Dividends paid to stockholders
    • Others

Cash Flow
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Net (loss) income
-4,243 2,962 5,787 4,429
Amortization
931 973 622 601
Depreciation
581 1,493 532 518
Intangible asset impairment charges
NaN 55 NaN NaN
Income from investments in equity securities, net
168 -195 374 99
Charge for research and development asset acquisition
8,540 0 0 0
Deferred income taxes
-315 -825 -212 -448
Share-based compensation
185 205 204 216
Other
-20 -118 51 -335
Accounts receivable
NaN 1,090 NaN NaN
Inventories
NaN 1,180 NaN NaN
Trade accounts payable
NaN 110 NaN NaN
Accrued and other current liabilities
NaN -1,841 NaN NaN
Income taxes payable
NaN 137 NaN NaN
Noncurrent liabilities
NaN 195 NaN NaN
Increase Decrease In Other Operating Capital Net
NaN 3,307 NaN NaN
Net changes in assets and liabilities
-47 NaN -6,197 7,857
Net cash provided by operating activities
3,918 2,857 7,822 3,293
Capital expenditures
991 1,033 987 764
Purchases of securities and other investments
374 0 0 612
Proceeds from sales of securities and other investments
0 46 575 601
Proceeds from sale of seagen inc. common stock
NaN 0 NaN NaN
Acquisition of cidara therapeutics, inc., net of cash acquired
8,779 10,042 0 0
Acquisition of eyebiotech limited, net of cash acquired
NaN 0 NaN NaN
Acquisition of elanco animal health incorporated aqua business
NaN 0 0 NaN
Acquisition of harpoon therapeutics, inc., net of cash acquired
NaN 0 0 NaN
Acquisition of mk-1045 from curon pharmaceutical
NaN 0 0 NaN
Acquisition of prometheus biosciences, inc., net of cash acquired
NaN 0 NaN NaN
Acquisition of imago biosciences inc., net of cash acquired
NaN 0 NaN NaN
Other
66 172 -129 -5
Net cash used in investing activities
-10,210 -11,201 -283 -770
Net change in short-term borrowings
998 NaN 15 48
Proceeds from issuance of debt
NaN 7,918 5,962 0
Payments on debt
1,140 2 1 0
Dividends paid to stockholders
2,105 2,018 2,031 2,077
Purchases of treasury stock
874 1,252 1,323 1,345
Proceeds from exercise of stock options
157 47 14 12
Other
-80 121 2 -194
Net cash used in financing activities
-2,981 4,751 2,638 -3,556
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-19 23 10 374
Net decrease in cash, cash equivalents and restricted cash
-9,292 -3,570 10,187 -659
Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Charge for research anddevelopment asset...$8,540M Amortization$931M (55.95%↑ Y/Y)Depreciation$581M (15.74%↑ Y/Y)Share-based compensation$185M (-5.13%↓ Y/Y)Net changes inassets and liabilities-$47M (-101.57%↓ Y/Y)Other-$20M (81.65%↑ Y/Y)Net cash provided byoperating activities$3,918M (56.72%↑ Y/Y)Canceled cashflow$6,386M Net decrease incash, cash...-$9,292M (-102.62%↓ Y/Y)Canceled cashflow$3,918M Net change inshort-term borrowings$998M Proceeds from exercise ofstock options$157M (726.32%↑ Y/Y)Net (loss) income-$4,243M (-183.44%↓ Y/Y)something is missing-$1,660M Deferred income taxes-$315M (-69.35%↓ Y/Y)Income frominvestments in equity...$168M (86.67%↑ Y/Y)Net cash used ininvesting activities-$10,210M (-586.62%↓ Y/Y)Net cash used infinancing activities-$2,981M (48.20%↑ Y/Y)Effect of exchange ratechanges on cash, cash...-$19M (-112.18%↓ Y/Y)Canceled cashflow$1,155M Acquisition of cidaratherapeutics, inc., net of cash...$8,779M Capital expenditures$991M (-25.38%↓ Y/Y)Purchases of securitiesand other...$374M (-37.14%↓ Y/Y)Other$66M (230.00%↑ Y/Y)Dividends paid tostockholders$2,105M (2.68%↑ Y/Y)Payments on debt$1,140M (-54.40%↓ Y/Y)Purchases of treasurystock$874M (-24.91%↓ Y/Y)Other-$80M (-33.33%↓ Y/Y)