# Merck & Co.: what changed between 2025-11-08 and 2026-11-08 entity: /record/merck.md from: 2025-11-08 to: 2026-11-08 page: /record/merck/diff?from=2025-11-08&to=2026-11-08 json: /v1/entities/merck/diff?from=2025-11-08&to=2026-11-08 Between 2025-11-08 and 2026-11-08, Merck & Co.'s record changed in 17 facts: 3 replaced (net income $17.12 billion → $18.25 billion; research and development $17.94 billion → $15.79 billion; revenue $64.17 billion → $65.01 billion), 7 added, 7 ended; 11 unchanged. State as of 2025-11-08: /record/merck.md?as_of=2025-11-08 · as of 2026-11-08: /record/merck.md?as_of=2026-11-08. Format: subject | predicate | value | valid range | confidence | status | claim. Posts and Hugging Face repos are left out (0 held on 2025-11-08, 0 on 2026-11-08). ## Replaced (3) The same fact with a different value: the claim that held on the earlier day, then the one that holds on the later day. - net income: $17.12 billion → $18.25 billion - [Merck & Co.](/record/merck.md) | net_income | 17,117,000,000 United States dollar | valid 2024-12-31 to 2025-12-31 | conf 0.95 | superseded | superseded_by [clm_23107EF0C145](/claim/clm_23107EF0C145.md) | [clm_C6B723CD22D3](/claim/clm_C6B723CD22D3.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000162828025007732/0001628280-25-007732-index.htm - [Merck & Co.](/record/merck.md) | net_income | 18,254,000,000 United States dollar | valid 2025-12-31 to present | conf 0.95 | valid | [clm_23107EF0C145](/claim/clm_23107EF0C145.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015826000063/0000310158-26-000063-index.htm - research and development: $17.94 billion → $15.79 billion - [Merck & Co.](/record/merck.md) | research_and_development | 17,938,000,000 United States dollar | valid 2024-12-31 to 2025-12-31 | conf 0.95 | superseded | superseded_by [clm_062934F11209](/claim/clm_062934F11209.md) | [clm_B017880F2FAE](/claim/clm_B017880F2FAE.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000162828025007732/0001628280-25-007732-index.htm - [Merck & Co.](/record/merck.md) | research_and_development | 15,789,000,000 United States dollar | valid 2025-12-31 to present | conf 0.95 | valid | [clm_062934F11209](/claim/clm_062934F11209.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015826000063/0000310158-26-000063-index.htm - revenue: $64.17 billion → $65.01 billion - [Merck & Co.](/record/merck.md) | revenue | 64,168,000,000 United States dollar | valid 2024-12-31 to 2025-12-31 | conf 0.95 | superseded | superseded_by [clm_E778C75FD821](/claim/clm_E778C75FD821.md) | [clm_B00A59ED1285](/claim/clm_B00A59ED1285.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000162828025007732/0001628280-25-007732-index.htm - [Merck & Co.](/record/merck.md) | revenue | 65,011,000,000 United States dollar | valid 2025-12-31 to present | conf 0.95 | valid | [clm_E778C75FD821](/claim/clm_E778C75FD821.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015826000063/0000310158-26-000063-index.htm ## Added (7) Held on 2026-11-08, not on 2025-11-08. - [Merck & Co.](/record/merck.md) | cash_and_equivalents | 9,550,000,000 United States dollar | valid 2026-09-30 to present | conf 0.95 | valid | [clm_5760FE8DF5CC](/claim/clm_5760FE8DF5CC.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015826000248/0000310158-26-000248-index.htm - [Merck & Co.](/record/merck.md) | quarterly_net_income | 5,065,000,000 United States dollar | valid 2026-09-30 to present | conf 0.95 | valid | [clm_BE2114005849](/claim/clm_BE2114005849.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015826000248/0000310158-26-000248-index.htm - [Merck & Co.](/record/merck.md) | quarterly_research_and_development | 4,537,000,000 United States dollar | valid 2026-09-30 to present | conf 0.95 | valid | [clm_8D15B1B2A78D](/claim/clm_8D15B1B2A78D.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015826000248/0000310158-26-000248-index.htm - [Merck & Co.](/record/merck.md) | quarterly_revenue | 18,085,000,000 United States dollar | valid 2026-09-30 to present | conf 0.95 | valid | [clm_D93F566AE261](/claim/clm_D93F566AE261.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015826000248/0000310158-26-000248-index.htm - [Merck & Co.](/record/merck.md) | shares_outstanding | 2,465,245,688 shares | valid 2026-10-31 to present | conf 0.95 | valid | [clm_B0FE93A73A8D](/claim/clm_B0FE93A73A8D.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015826000248/0000310158-26-000248-index.htm - [Merck & Co.](/record/merck.md) | total_assets | 132,773,000,000 United States dollar | valid 2026-09-30 to present | conf 0.95 | valid | [clm_700C48638C17](/claim/clm_700C48638C17.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015826000248/0000310158-26-000248-index.htm - [Merck & Co.](/record/merck.md) | total_equity | 44,893,000,000 United States dollar | valid 2026-09-30 to present | conf 0.95 | valid | [clm_23DBC8C334E1](/claim/clm_23DBC8C334E1.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015826000248/0000310158-26-000248-index.htm ## Ended (7) Held on 2025-11-08, not on 2026-11-08, and not replaced by another value. - [Merck & Co.](/record/merck.md) | cash_and_equivalents | 18,169,000,000 United States dollar | valid 2025-09-30 to 2025-12-31 | conf 0.95 | superseded | superseded_by [clm_DB573F068746](/claim/clm_DB573F068746.md) | [clm_C86D1A2441BE](/claim/clm_C86D1A2441BE.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015825000059/0000310158-25-000059-index.htm - [Merck & Co.](/record/merck.md) | quarterly_net_income | 5,785,000,000 United States dollar | valid 2025-09-30 to 2026-03-31 | conf 0.95 | superseded | superseded_by [clm_052408C1DABC](/claim/clm_052408C1DABC.md) | [clm_44C6DC623BB5](/claim/clm_44C6DC623BB5.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015825000059/0000310158-25-000059-index.htm - [Merck & Co.](/record/merck.md) | quarterly_research_and_development | 4,234,000,000 United States dollar | valid 2025-09-30 to 2026-03-31 | conf 0.95 | superseded | superseded_by [clm_CC42DDED77FE](/claim/clm_CC42DDED77FE.md) | [clm_E7C205B81C1E](/claim/clm_E7C205B81C1E.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015825000059/0000310158-25-000059-index.htm - [Merck & Co.](/record/merck.md) | quarterly_revenue | 17,276,000,000 United States dollar | valid 2025-09-30 to 2026-03-31 | conf 0.95 | superseded | superseded_by [clm_A5059DD1C3C6](/claim/clm_A5059DD1C3C6.md) | [clm_86C0BCF4E479](/claim/clm_86C0BCF4E479.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015825000059/0000310158-25-000059-index.htm - [Merck & Co.](/record/merck.md) | shares_outstanding | 2,482,022,536 shares | valid 2025-10-31 to 2026-01-31 | conf 0.95 | superseded | superseded_by [clm_816D1195758B](/claim/clm_816D1195758B.md) | [clm_216265EA32A0](/claim/clm_216265EA32A0.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015825000059/0000310158-25-000059-index.htm - [Merck & Co.](/record/merck.md) | total_assets | 129,546,000,000 United States dollar | valid 2025-09-30 to 2025-12-31 | conf 0.95 | superseded | superseded_by [clm_4A91E3E067AC](/claim/clm_4A91E3E067AC.md) | [clm_7F62C5E7C6D5](/claim/clm_7F62C5E7C6D5.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015825000059/0000310158-25-000059-index.htm - [Merck & Co.](/record/merck.md) | total_equity | 51,850,000,000 United States dollar | valid 2025-09-30 to 2025-12-31 | conf 0.95 | superseded | superseded_by [clm_4011DB45C7C0](/claim/clm_4011DB45C7C0.md) | [clm_BDAEC6471AF2](/claim/clm_BDAEC6471AF2.md) sources: https://www.sec.gov/Archives/edgar/data/310158/000031015825000059/0000310158-25-000059-index.htm ## Unchanged 11 claims held on both days: ceo 1, cik 1, fiscal_year_end 1, headquarters 1, listed_on 1, registrant_name 1, sic_industry 1, state_of_incorporation 1, ticker 1, website 1, x_username 1. ## Get this data - JSON: /v1/entities/merck/diff?from=2025-11-08&to=2026-11-08 - MCP: entity_diff(entity: "merck", from: "2025-11-08", to: "2026-11-08") - Entity twin: /record/merck.md · timeline: /timelines/merck.md --- AsOf is a temporal fact ledger: a structured, dated, sourced record of what is true and what changed, built for AI retrieval.