Baxter International (BAX) Change in Inventory (2009 - 2026)
Baxter International (BAX) reported Change in Inventory of $95.0 million for Q1 2026, down 22.13% year-over-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) has 18 years of Change in Inventory data on file, last reported at $95.0 million in Q1 2026.
- Quarterly Change in Inventory fell 22.13% year-over-year to $95.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $92.0 million (down 48.31% YoY) and the FY2025 annual result came in at $119.0 million, down 40.8% from the prior year.
- Change in Inventory rose to $95.0 million in Q1 2026 per BAX's latest filing, from -$241.0 million in the prior quarter.
- Across five years, Change in Inventory topped out at $191.0 million in Q2 2022 and bottomed at -$241.0 million in Q4 2025.
- The 5-year median for Change in Inventory is $81.0 million (2025), against an average of $43.6 million.
- The widest annual swing landed in 2022, when Change in Inventory jumped 1916.67%; it then tumbled 1247.62% in 2025.
- Tracing BAX's Change in Inventory over 5 years: stood at -$207.0 million in 2022, then surged by 103.86% to $8.0 million in 2023, then jumped by 162.5% to $21.0 million in 2024, then plunged by 1247.62% to -$241.0 million in 2025, then jumped by 139.42% to $95.0 million in 2026.
- Per Business Quant, the three latest BAX Change in Inventory figures stand at $95.0 million (Q1 2026), -$241.0 million (Q4 2025), and $81.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 266.60 Mn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | - |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | -12.48 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | - |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 32.00 Mn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | - |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | -9.35 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 95.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 16.94 Mn |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 12.07 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 |
| Sep 30, 2023 | -89.00 Mn |
| Sep 30, 2023 | -89.00 Mn |
| Jun 30, 2023 | 46.00 Mn |
| Jun 30, 2023 | 46.00 Mn |
| Mar 31, 2023 | 163.00 Mn |
| Mar 31, 2023 | 163.00 Mn |
| Dec 31, 2022 | -207.00 Mn |
| Dec 31, 2022 | -207.00 Mn |
| Sep 30, 2022 | 109.00 Mn |
| Sep 30, 2022 | 109.00 Mn |
| Jun 30, 2022 | 191.00 Mn |
| Jun 30, 2022 | 191.00 Mn |
| Mar 31, 2022 | 105.00 Mn |
| Mar 31, 2022 | 105.00 Mn |
| Dec 31, 2021 | -122.00 Mn |
| Dec 31, 2021 | -122.00 Mn |
| Sep 30, 2021 | -6.00 Mn |
| Sep 30, 2021 | -6.00 Mn |
| Jun 30, 2021 | 26.00 Mn |
| Jun 30, 2021 | 26.00 Mn |
| Mar 31, 2021 | 129.00 Mn |
| Mar 31, 2021 | 129.00 Mn |
| Dec 31, 2020 | -143.00 Mn |
| Dec 31, 2020 | -143.00 Mn |
| Sep 30, 2020 | 44.00 Mn |
| Sep 30, 2020 | 44.00 Mn |
| Jun 30, 2020 | 178.00 Mn |
| Jun 30, 2020 | 178.00 Mn |
| Mar 31, 2020 | 83.00 Mn |
| Mar 31, 2020 | 83.00 Mn |
| Dec 31, 2019 | -92.00 Mn |
| Dec 31, 2019 | -92.00 Mn |
| Sep 30, 2019 | -3.00 Mn |
| Sep 30, 2019 | -3.00 Mn |
| Jun 30, 2019 | 9.00 Mn |
| Jun 30, 2019 | 9.00 Mn |
| Mar 31, 2019 | 82.00 Mn |
| Mar 31, 2019 | 82.00 Mn |
| Dec 31, 2018 | -29.00 Mn |
| Dec 31, 2018 | -29.00 Mn |
| Sep 30, 2018 | 92.00 Mn |
| Sep 30, 2018 | 92.00 Mn |
| Jun 30, 2018 | 78.00 Mn |
| Jun 30, 2018 | 78.00 Mn |
| Mar 31, 2018 | 56.00 Mn |
| Mar 31, 2018 | 56.00 Mn |
| Jun 30, 2017 | 9.00 Mn |
| Jun 30, 2017 | 9.00 Mn |
| Mar 31, 2017 | 29.00 Mn |
| Mar 31, 2017 | 29.00 Mn |
| Dec 31, 2016 | -91.00 Mn |
| Dec 31, 2016 | -91.00 Mn |
| Sep 30, 2016 | -14.00 Mn |
| Sep 30, 2016 | -14.00 Mn |
| Jun 30, 2016 | -1.00 Mn |
| Jun 30, 2016 | -1.00 Mn |
| Mar 31, 2016 | 26.00 Mn |
| Mar 31, 2016 | 26.00 Mn |
| Dec 31, 2015 | -87.00 Mn |
| Dec 31, 2015 | -87.00 Mn |
| Sep 30, 2015 | 35.00 Mn |
| Sep 30, 2015 | 35.00 Mn |
| Jun 30, 2015 | 48.00 Mn |
| Jun 30, 2015 | 48.00 Mn |
| Mar 31, 2015 | 122.00 Mn |
| Mar 31, 2015 | 122.00 Mn |
| Dec 31, 2014 | -32.00 Mn |
| Dec 31, 2014 | -32.00 Mn |
| Sep 30, 2014 | -185.00 Mn |
| Sep 30, 2014 | -185.00 Mn |
| Jun 30, 2014 | 127.00 Mn |
| Jun 30, 2014 | 127.00 Mn |
| Mar 31, 2014 | 233.00 Mn |
| Mar 31, 2014 | 233.00 Mn |
| Dec 31, 2013 | -363.00 Mn |
| Dec 31, 2013 | -363.00 Mn |
| Sep 30, 2013 | 106.00 Mn |
| Sep 30, 2013 | 106.00 Mn |
| Jun 30, 2013 | 125.00 Mn |
| Jun 30, 2013 | 125.00 Mn |
| Mar 31, 2013 | 181.00 Mn |
| Mar 31, 2013 | 181.00 Mn |
| Dec 31, 2012 | -7.00 Mn |
| Dec 31, 2012 | -7.00 Mn |
| Sep 30, 2012 | 36.00 Mn |
| Sep 30, 2012 | 36.00 Mn |
| Jun 30, 2012 | 28.00 Mn |
| Jun 30, 2012 | 28.00 Mn |
| Mar 31, 2012 | 72.00 Mn |
| Mar 31, 2012 | 72.00 Mn |
| Dec 31, 2011 | 43.00 Mn |
| Dec 31, 2011 | 43.00 Mn |
| Sep 30, 2011 | 58.00 Mn |
| Sep 30, 2011 | 58.00 Mn |
| Jun 30, 2011 | 153.00 Mn |
| Jun 30, 2011 | 153.00 Mn |
| Mar 31, 2011 | 61.00 Mn |
| Mar 31, 2011 | 61.00 Mn |
| Dec 31, 2010 | -114.00 Mn |
| Dec 31, 2010 | -114.00 Mn |
| Sep 30, 2010 | -25.00 Mn |
| Sep 30, 2010 | -25.00 Mn |
| Jun 30, 2010 | 25.00 Mn |
| Jun 30, 2010 | 25.00 Mn |
| Mar 31, 2010 | 94.00 Mn |
| Mar 31, 2010 | 94.00 Mn |
| Dec 31, 2009 | -56.00 Mn |
| Dec 31, 2009 | -56.00 Mn |
| Sep 30, 2009 | 31.00 Mn |
| Sep 30, 2009 | 31.00 Mn |
| Jun 30, 2009 | 171.00 Mn |
| Jun 30, 2009 | 171.00 Mn |
| Mar 31, 2009 | -86.00 Mn |
| Mar 31, 2009 | -86.00 Mn |