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Form 8-K · Current Report · Filed 2025-07-29

Merck Announces Second-Quarter 2025 Financial Results and New Restructuring Program

Merck & Co., Inc. reported a 2% decrease in worldwide sales to $15.8 billion for the second quarter of 2025. GAAP EPS was $1.76, and non-GAAP EPS was $2.13. The company approved a new restructuring program expected to yield $1.7 billion in annual cost savings by the end of 2027. Merck also announced an agreement to acquire Verona Pharma for $10 billion, expected to close in the fourth quarter of 2025. The acquisition will add Ohtuvayre, a COPD treatment, to Merck's portfolio.

Filer
Merck & Co., Inc. MRK · NYSE
Filed
Accession
0001104659-25-071380
CIK
0000310158
Signal
Medium impactHealthcare

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 2.05

Costs Associated with Exit or Disposal Activities

Restructuring Costs Severance Payout
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$84.06

Next session

-2.7%

Since filing

+54.9%

Latest close

$130.20

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from MRK reporting the same item, with the next session's move:

Exhibits (2)

About Merck & Co., Inc.

Merck & Co., Inc. is a prominent player in the global pharmaceutical industry. It is primarily focused on the research, development, production, and marketing of drugs and vaccines. Known for its strong emphasis on innovative health solutions, Merck develops treatments and vaccines for a variety of diseases affecting humans and animals. Key areas include oncology, infectious diseases, diabetes, and vaccines, reflecting its commitment to addressing critical health challenges worldwide. The company operates in several strategic regions, exporting its advanced therapies to meet healthcare needs across different markets. With a robust pipeline of new products and significant investment in research and development, Merck plays a vital role in advancing medical breakthroughs and enhancing patient care. Beyond pharmaceuticals, Merck is involved in animal health, providing veterinary vaccines and services, contributing to agricultural productivity and food security. The company's ongoing efforts in groundbreaking research and public health initiatives underscore its importance in the healthcare sector.

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