MRK Earnings Predictions — 2026-08-04

Ticker Report or Guide KPI Prediction Answer Confidence
MRK Report Total revenue BEAT pred ~$16.52B vs. cons $16.33B MEDIUM
MRK Report KEYTRUDA/KEYTRUDA QLEX sales BEAT pred ~$8.45B vs. cons $8.35B MEDIUM
MRK Report WINREVAIR sales BEAT pred ~$0.61B vs. cons $0.59B MEDIUM
MRK Guide Full-year revenue guidance midpoint UNCHANGED guide ~$66.50B vs. cons $66.50B (FY2026) MEDIUM
MRK Guide Non-GAAP EPS guidance including Terns impact LOWER guide ~$2.62 vs. cons $2.64 (FY2026) MEDIUM
MRK Return Day-1 residual (stock − beta × S&P 500) +1.7% MEDIUM
MRK Return 5-day cumulative residual +0.6% (FADE) Initial upside from KEYTRUDA/QLEX and WINREVAIR is likely to fade because an unchanged revenue guide and slightly lower EPS guide imply limited second-half estimate upside after acquisition charges and launch spending are incorporated. MEDIUM