Baxter International financials
$23.48−0.04%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.96B | $2.70B | $2.97B | $2.83B | $2.81B | $2.63B | $2.75B | $2.70B | $2.69B | $2.49B | $2.73B | $2.60B |
| Gross profit | $1.03B | $891.0M | $577.0M | $950.0M | $991.0M | $861.0M | $959.0M | $1.03B | $1.03B | $961.0M | $1.10B | $1.06B |
| Gross margin | 34.9% | 33.0% | 19.4% | 33.5% | 35.3% | 32.8% | 34.8% | 38.3% | 38.3% | 38.6% | 40.4% | 40.6% |
| Operating income | $217.0M | $66.0M | -$795.0M | $124.0M | $191.0M | $58.0M | -$438.0M | $150.0M | $179.0M | $115.0M | $304.0M | $179.0M |
| Net income | $126.0M | -$15.0M | -$1.07B | -$46.0M | $91.0M | $126.0M | -$189.0M | $140.0M | -$314.0M | $37.0M | $245.0M | $2.51B |
| Net margin | 4.3% | −0.6% | −36.0% | −1.6% | 3.2% | 4.8% | −6.9% | 5.2% | −11.7% | 1.5% | 9.0% | 96.5% |
| Diluted EPS | $0.24 | $-0.03 | $-2.10 | $-0.09 | $0.18 | $0.25 | $-0.37 | $0.27 | $-0.61 | $0.07 | $0.48 | $4.93 |
| EBITDA | $456.0M | $303.0M | -$70.0M | $361.0M | $448.0M | $305.0M | $232.0M | $404.0M | $406.0M | $386.0M | $304.0M | $271.0M |
| Operating cash flow | $285.0M | $213.0M | $584.0M | $237.0M | $217.0M | -$193.0M | $449.0M | $292.0M | $115.0M | $163.0M | $531.0M | $365.0M |
| Free cash flow | $169.0M | $76.0M | $444.0M | $126.0M | $77.0M | -$315.0M | $317.0M | $158.0M | $45.0M | $53.0M | $439.0M | $353.0M |
| Diluted shares | 518.0M | 515.0M | 510.0M | 514.0M | 514.0M | 514.0M | 507.0M | 512.0M | 511.0M | 510.0M | 512.0M | 509.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.15B | $2.02B | $1.97B | $1.73B | $1.69B | $2.29B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $9.46B | $9.46B | $9.48B | $9.50B | $9.50B | $10.07B |
| Total assets | $19.79B | $19.85B | $20.05B | $21.07B | $21.05B | $21.30B |
| Total liabilities | $13.61B | $13.83B | $13.95B | $13.85B | $13.75B | $14.25B |
| Shareholders' equity | $6.18B | $6.02B | $6.10B | $7.21B | $7.29B | $7.05B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology