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	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Revenue	2.70bn	2.84bn	2.81bn	2.63bn	2.75bn	2.70bn	2.69bn
Cost of revenue	1.81bn	1.89bn	1.82bn	1.76bn	—	1.67bn	1.66bn
Gross profit	891m	950m	991m	861m	959m	1.03bn	1.03bn
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	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	2.02bn	1.97bn	1.73bn	1.69bn	2.29bn	1.76bn	1.42bn	1.57bn
Receivables	1.70bn	1.86bn	1.78bn

Cash flow

Metric	Mar 31, 2026	Mar 31, 2025
Operating cash flow	213m	−193m
Depreciation and amortisation	237m	247m
Share-based compensation	10m	10m
Investing cash flow	−133m	3.27bn
Dividends paid	5m	87m
Financing cash flow	−11m

Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)