Baxter International (BAX) Change in Inventory (2009 - 2026)
Baxter International's (BAX) quarterly Change in Inventory came in at $95.0 million in Q1 2026, down 22.13% year-on-year from $122.0 million in Q1 2025, and up 139.42% on a QoQ basis from -$241.0 million in Q4 2025.
Baxter International (BAX) Change in Inventory (2009 - 2026) Analysis & Trends
Baxter International (BAX) has 18 years of Change in Inventory data on file, last reported at $95.0 million in Q1 2026.
- On a quarterly basis, Change in Inventory fell 22.13% year-over-year to $95.0 million in Q1 2026; TTM through Mar 2026 was $92.0 million, a 48.31% decrease from a year earlier, with the FY2025 full-year figure at $119.0 million, down 40.8% from the prior year.
- Change in Inventory for Q1 2026 stood at $95.0 million, up from -$241.0 million in the prior quarter.
- Over the last five years, Change in Inventory for BAX reached as high as $191.0 million in Q2 2022 and fell as low as -$241.0 million in Q4 2025.
- Historically, Change in Inventory has averaged $43.6 million across 5 years, with a median of $81.0 million in 2025.
- Across the five-year window, Change in Inventory jumped 1916.67% in 2022 and tumbled 1247.62% in 2025, its largest moves.
- Year by year, Change in Inventory stood at -$207.0 million in 2022, then jumped by 103.86% to $8.0 million in 2023, then soared by 162.5% to $21.0 million in 2024, then tumbled by 1247.62% to -$241.0 million in 2025, then soared by 139.42% to $95.0 million in 2026.
- Per Business Quant data, the three most recent Change in Inventory figures were $95.0 million in Q1 2026, -$241.0 million in Q4 2025, and $81.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | - |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | 248.00 Mn |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | - |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | 42.00 Mn |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | -12.48 Mn |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | - |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | - |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | 32.00 Mn |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | -9.35 Mn |
| 10 | Baxter International | 11.17 Bn | 9.12 Bn | 891.00 Mn | 95.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 95.00 Mn |
| Mar 31, 2026 | 95.00 Mn |
| Dec 31, 2025 | -241.00 Mn |
| Dec 31, 2025 | -241.00 Mn |
| Sep 30, 2025 | 81.00 Mn |
| Sep 30, 2025 | 81.00 Mn |
| Jun 30, 2025 | 157.00 Mn |
| Jun 30, 2025 | 157.00 Mn |
| Mar 31, 2025 | 122.00 Mn |
| Mar 31, 2025 | 122.00 Mn |
| Dec 31, 2024 | 21.00 Mn |
| Dec 31, 2024 | 21.00 Mn |
| Sep 30, 2024 | 8.00 Mn |
| Sep 30, 2024 | 8.00 Mn |
| Jun 30, 2024 | 27.00 Mn |
| Jun 30, 2024 | 27.00 Mn |
| Mar 31, 2024 | 145.00 Mn |
| Mar 31, 2024 | 145.00 Mn |
| Dec 31, 2023 | 8.00 Mn |
| Dec 31, 2023 | 8.00 Mn |