默沙东(MRK)最主要的收入来源是什么？

通过最新财报数据拆解，该公司的收入主要由其核心业务板块与相关服务支持构成。您可以通过页面上的交互式图表直观查看各业务线对总营收的具体贡献比例。

如何直观分析 MRK 的财务状况与盈利模式？

瓜壳日历通过交互式桑基图(Sankey Diagram)和瀑布图(Waterfall Chart)，将该公司的总营收、销售成本、运营费用以及最终的净利润流程进行了全景可视化，方便投资者一分钟看懂其经营效率与现金流走向。

Income Statement Q1 2026
Item	Category	Value	YoY
Sales	revenue	16.29B	4.87%
Total costs, expenses and other	cost	19.82B	105.90%
Research and development	cost	12.59B	247.75%
Cost of sales	cost	4.20B	22.70%
Selling, general and administrative	cost	2.70B	5.80%
Restructuring costs	cost	195.00M	182.61%
Other segment items	revenue	138.00M	294.29%

Balance Sheet Q1 2026
Item	Category	Value
Accounts receivable (net of allowance for doubtful accounts of $103 in 2026 and $97 in 2025)	assets	12.21B
Other current assets	assets	10.62B
Inventories	assets	6.48B
Cash and cash equivalents	assets	5.33B
Short-term investments	assets	375.00M
Other current assets	assets	35.02B
Other intangibles, net	assets	25.75B
Property, plant and equipment, at cost, net of accumulated depreciation of $22,288 in 2026 and $21,914 in 2025	assets	25.43B
Goodwill	assets	21.58B
Other assets	assets	19.81B
Investments	assets	1.10B
Total assets	assets	128.69B
Long-term debt	liabilities	46.67B
Total equity	liabilities	45.93B
Total current liabilities	liabilities	26.95B
Other noncurrent liabilities	liabilities	7.64B
Deferred income taxes	liabilities	1.49B
Noncontrolling interests	liabilities	53.00M
Less treasury stock, at cost: 1,107,410,143 shares in 2026 and 1,102,476,756 shares in 2025	equity	63.75B
Total merck & co., inc. stockholders’ equity	equity	45.88B
Accrued and other current liabilities	liabilities	14.55B
Income taxes payable	liabilities	3.95B
Trade accounts payable	liabilities	3.86B
Loans payable and current portion of long-term debt	liabilities	2.44B
Dividends payable	liabilities	2.14B
Accumulated other comprehensive loss	liabilities	4.06B
Stockholders' equity before deduction for treasury stock	equity	109.62B
Aggregate	liabilities	113.69B
Retained earnings	liabilities	66.72B
Other paid-in capital	liabilities	45.18B
Common stock, $0.50 par value authorized - 6,500,000,000 shares issued - 3,577,103,522 shares in 2026 and 2025	liabilities	1.79B

Operating Activities – 3M 2026
Item	Value
Charge for research and development asset acquisition	8.54B
Amortization	931.00M
Depreciation	581.00M
Share-based payment arrangement, noncash expense	185.00M
Other noncash income (expense)	20.00M
Equity securities, fv-ni, gain (loss)	-168.00M
Deferred income taxes	-315.00M
Adjustment to reconcile net income to cash provided by (used in) operating activity, increase (decrease) in operating capital	-1.61B
Net (loss) income	-4.24B

Investing Activities – 3M 2026
Item	Value
Payment for (proceeds from) other investing activity	-66.00M
Payments to acquire investments	-374.00M
Payments to acquire property, plant, and equipment	-991.00M
Payments to acquire businesses, net of cash acquired	-8.78B

Financing Activities – 3M 2026
Item	Value
Net change in short-term borrowings	1.06B
Proceeds from exercise of stock options	157.00M
Other	-80.00M
Payments for repurchase of common stock	-874.00M
Repayments of long-term debt	-1.14B
Payments of ordinary dividends, common stock	-2.10B

Cash Balance – 3M 2026
Item	Value
Cash and cash equivalents, beginning of period	14.69B
Cash and cash equivalents, end of period	5.40B