Merck & Company IncQ2 sales up 5%, narrowed full-year outlook, and regulatory/clinical progress
Merck & Co., Inc., Rahway, N.J., USA announced second-quarter 2026 worldwide sales of $16.6 billion, a 5% increase from the prior year, and narrowed its full-year 2026 sales outlook to between $66.3 billion and $67.3 billion. KEYTRUDA and KEYTRUDA QLEX sales reached $8.4 billion, including $463 million from the newly launched KEYTRUDA QLEX, while WINREVAIR sales grew 75% to $588 million and Animal Health sales rose 8% to $1.8 billion. The company reported a GAAP loss per share of $0.54 and a non-GAAP loss per share of $0.13, both reflecting a $2.31 per share charge for the acquisition of Terns Pharmaceuticals. Key regulatory milestones included U.S. FDA approval of LIPFENDRA, the first once-daily oral PCSK9 inhibitor, and positive Phase 3 results for the investigational sacituzumab tirumotecan in endometrial cancer and for a once-weekly oral HIV regimen of islatravir and lenacapavir in collaboration with Gilead. Merck now expects full-year non-GAAP EPS between $2.66 and $2.76, which includes charges of $2.43 per share related to the Terns acquisition.
Merck & Company IncQ2 sales up 5%, narrowed full-year outlook, and regulatory/clinical progress
Gilead Sciences IncPositive Phase 3 results for once-weekly oral HIV regimen in collaboration with Merck
Acquisition by Merck results in $2.31 per share charge, impacting earnings