Baxter International (BAX) Cash & Equivalents (2009 - 2026)
Baxter International (BAX) posted quarterly Cash & Equivalents of $2.2 billion for Q2 2026, up 27.52% year-over-year from $1.7 billion in Q2 2025, and up 6.44% quarter-over-quarter from $2.0 billion in Q1 2026.
Baxter International (BAX) Cash & Equivalents (2009 - 2026) Analysis & Trends
Baxter International (BAX) has reported Cash & Equivalents for 18 consecutive years, with $2.2 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Cash & Equivalents rose 27.52% year-over-year to $2.2 billion; the TTM figure through Jun 2026 stood at $2.2 billion (up 27.52% YoY), while the FY2025 annual figure was $2.0 billion, up 11.68% from the prior year.
- Cash & Equivalents improved to $2.2 billion in Q2 2026 per BAX's latest filing, from $2.0 billion in the prior quarter.
- Across five years, Cash & Equivalents topped out at $5.7 billion in Q3 2023 and bottomed at $1.4 billion in Q3 2024.
- Historically, Cash & Equivalents has averaged $2.2 billion across 5 years, with a median of $1.8 billion in 2022.
- Annual changes were most pronounced in 2023 — Cash & Equivalents surged 257.03% — and 2024, when it tumbled 75.16%.
- Baxter International's Cash & Equivalents stood at $1.6 billion in 2022, then surged by 89.88% to $3.1 billion in 2023, then tumbled by 42.69% to $1.8 billion in 2024, then grew by 11.68% to $2.0 billion in 2025, then climbed by 9.14% to $2.2 billion in 2026.
- Business Quant data shows BAX's Cash & Equivalents at $2.2 billion in Q2 2026, $2.0 billion in Q1 2026, and $2.0 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | 2.76 Bn |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | 708.00 Mn |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | 1.36 Bn |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | 1.47 Bn |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | 2.33 Bn |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 435.80 Mn |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | 403.00 Mn |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | 138.80 Mn |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | 2.15 Bn |
| 10 | Align Technology | 11.61 Bn | 10.51 Bn | 757.43 Mn | 1.10 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.15 Bn |
| Mar 31, 2026 | 2.02 Bn |
| Dec 31, 2025 | 1.97 Bn |
| Sep 30, 2025 | 1.73 Bn |
| Jun 30, 2025 | 1.69 Bn |
| Mar 31, 2025 | 2.29 Bn |
| Dec 31, 2024 | 1.76 Bn |
| Sep 30, 2024 | 1.42 Bn |
| Jun 30, 2024 | 1.57 Bn |
| Mar 31, 2024 | 2.83 Bn |
| Dec 31, 2023 | 3.08 Bn |
| Sep 30, 2023 | 5.72 Bn |
| Jun 30, 2023 | 1.72 Bn |
| Mar 31, 2023 | 1.67 Bn |
| Dec 31, 2022 | 1.62 Bn |
| Sep 30, 2022 | 1.60 Bn |
| Jun 30, 2022 | 1.85 Bn |
| Mar 31, 2022 | 2.29 Bn |
| Dec 31, 2021 | 2.95 Bn |
| Sep 30, 2021 | 3.26 Bn |