Growth Metrics

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

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DateValue
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