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% quarter-over-quarter 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.
- Change in Inventory for Q1 2026 came in at $95.0 million, down 22.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $92.0 million (down 48.31% YoY), and the FY2025 annual result was $119.0 million, down 40.8% from the prior year.
- Change in Inventory improved to $95.0 million in Q1 2026 per BAX's latest filing, from -$241.0 million in the prior quarter.
- Over five years, Change in Inventory peaked at $191.0 million in Q2 2022 and troughed at -$241.0 million in Q4 2025.
- A 5-year average of $43.6 million and a median of $81.0 million in 2025 frame the typical range for Change in Inventory.
- The sharpest annual moves came in 2022 and 2025: Change in Inventory soared 1916.67% in 2022, then sank 1247.62% in 2025.
- A 5-year view of Change in Inventory shows it 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 slumped by 1247.62% to -$241.0 million in 2025, then soared by 139.42% to $95.0 million in 2026.
- Business Quant data shows BAX's Change in Inventory at $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 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 266.60 Mn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | - |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 42.00 Mn |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | -12.48 Mn |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | - |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 32.00 Mn |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | - |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | -9.35 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 95.00 Mn |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 16.94 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 |