Baxter International BAX
NYSE BAX
$24.18 -0.21 (-0.87%)
As of: Sep 10, 2026 · 3:59 PM EDT

Baxter International (BAX) Cash from Operations (2009 - 2026)

Baxter International's (BAX) quarterly Cash from Operations came in at $297.0 million in Q2 2026, down 4.5% year-over-year from $311.0 million in Q2 2025, and up 39.44% quarter-over-quarter from $213.0 million in Q1 2026.

Analysis

Baxter International (BAX) Cash from Operations (2009 - 2026) Analysis & Trends

Baxter International (BAX) has reported Cash from Operations for 18 consecutive years, with $297.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Cash from Operations fell 4.5% year-over-year to $297.0 million in Q2 2026; TTM through Jun 2026 was $1.3 billion, a 56.34% increase from a year earlier, with the FY2025 full-year figure at $951.0 million, down 6.67% from the prior year.
  • Cash from Operations was $297.0 million for Q2 2026 at Baxter International, up from $213.0 million in the prior quarter.
  • Over five years, Cash from Operations peaked at $596.0 million in Q4 2025 and troughed at -$193.0 million in Q1 2025.
  • A 5-year average of $300.9 million and a median of $293.5 million in 2022 frame the typical range for Cash from Operations.
  • Across the five-year window, Cash from Operations sank 218.4% in 2025 and surged 210.36% in 2026, its largest moves.
  • Over 5 years, Cash from Operations stood at $439.0 million in 2022, then increased by 20.96% to $531.0 million in 2023, then dropped by 8.1% to $488.0 million in 2024, then climbed by 22.13% to $596.0 million in 2025, then tumbled by 50.17% to $297.0 million in 2026.
  • The last three Cash from Operations figures came in at $297.0 million (Q2 2026), $213.0 million (Q1 2026), and $596.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 Becton Dickinson 48.41 Bn 47.55 Bn 2.32 Bn 776.00 Mn
2 Medline 27.78 Bn 25.10 Bn 2.22 Bn 715.00 Mn
3 West Pharmaceutical Services 24.42 Bn 23.98 Bn 329.20 Mn 124.00 Mn
4 Baxter International 12.49 Bn 10.34 Bn 1.03 Bn 297.00 Mn
5 Stevanato Group S.p.A 5.70 Bn 5.59 Bn 100.91 Mn 37.08 Mn
6 Acme United 235.29 Mn 230.25 Mn 26.69 Mn 13.12 Mn
7 Rockwell Medical 31.39 Mn 6.60 Mn 3.24 Mn 2.11 Mn
8 Retractable Technologies 21.15 Mn -18.72 Mn 190,852.00 -1.73 Mn
9 United Health Products 8.85 Mn 8.82 Mn - -138,013.00
10 Cuprina Holdings (Cayman) 7.88 Mn 4.76 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 297.00 Mn
Mar 31, 2026 213.00 Mn
Dec 31, 2025 596.00 Mn
Sep 30, 2025 237.00 Mn
Jun 30, 2025 311.00 Mn
Mar 31, 2025 -193.00 Mn
Dec 31, 2024 488.00 Mn
Sep 30, 2024 253.00 Mn
Jun 30, 2024 115.00 Mn
Mar 31, 2024 163.00 Mn
Dec 31, 2023 531.00 Mn
Sep 30, 2023 365.00 Mn
Jun 30, 2023 351.00 Mn
Mar 31, 2023 479.00 Mn
Dec 31, 2022 439.00 Mn
Sep 30, 2022 290.00 Mn
Jun 30, 2022 274.00 Mn
Mar 31, 2022 208.00 Mn
Dec 31, 2021 693.00 Mn
Sep 30, 2021 675.00 Mn