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BAX: financial statements from SEC — TradeAlmanac

BAX

Baxter International Inc.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	31/03/2026	30/09/2025	30/06/2025	31/03/2025	31/12/2024	30/09/2024	30/06/2024
Revenue	2.70B	2.84B	2.81B	2.63B	2.75B	2.70B	2.69B
Cost of revenue	1.81B	1.89B	1.82B	1.76B	—	1.67B	1.66B
Gross profit	891M	950M	991M	861M	959M	1.03B	1.03B
Research and development	139M	118M	134M	140M	—	129M	130M
Selling, general and administrative	728M	708M	718M	703M	—	754M	723M
Operating income	66M	172M	191M	58M	—	155M	179M
Pre-tax income	−6M	121M	133M	−3M	—	69M	117M
Income tax	11M	172M	11M	−67M	—	8M	22M
Net income	−15M	−46M	91M	126M	−512M	140M	−314M
Earnings per share	−0.03	−0.09	0.18	0.25	−1.00	0.27	−0.62
Earnings per share, diluted	−0.03	−0.09	0.18	0.25	−1.00	0.27	−0.61
Weighted average shares	515M	514M	513M	512M	—	510M	510M
Weighted average shares, diluted	515M	514M	514M	514M	—	512M	511M

Balance sheet

Metric	31/03/2026	31/12/2025	30/09/2025	30/06/2025	31/03/2025	31/12/2024	30/09/2024	30/06/2024
Cash and equivalents	2.02B	1.97B	1.73B	1.69B	2.29B	1.76B	1.42B	1.57B
Receivables	1.70B	1.86B	1.78B

Cash flow

Metric	31/03/2026	31/03/2025
Operating cash flow	213M	−193M
Depreciation and amortisation	237M	247M
Share-based compensation	10M	10M
Investing cash flow	−133M	3.27B
Dividends paid	5M	87M
Financing cash flow	−11M

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator