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
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