Merck & Co. Form 10-K for fiscal year 2025 (2026)

Corporate Filing · Merck & Co., Inc. · February 2026

Merck's latest Form 10-K reports Gardasil/Gardasil 9 revenue of $5,233 million in 2025, down 39% from $8,583 million in 2024 and $8,886 million in 2023.

Gardasil/Gardasil 9 5,233

Merck FY2025 Form 10-K, product-revenue table

Merck's latest Form 10-K reports Gardasil/Gardasil 9 revenue of $5,233 million in 2025, down 39% from $8,583 million in 2024 and $8,886 million in 2023. Exceeds the book's '$4 billion' figure for the latest year but is falling sharply on China demand.

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