Baxter International (BAX) Change in Receivables (2009 - 2026)
Baxter International (BAX) reported Change in Receivables of -$152.0 million for Q1 2026, down 484.62% year-over-year from $39.5 million in Q1 2025, and down 272.73% quarter-over-quarter from $88.0 million in Q4 2025.
Baxter International (BAX) Change in Receivables (2009 - 2026) Analysis & Trends
Baxter International (BAX) has 18 years of Change in Receivables data on file, last reported at -$152.0 million in Q1 2026.
- Change in Receivables for Q1 2026 came in at -$152.0 million, down 484.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.0 million (down 95.52% YoY), and the FY2025 annual result was $132.0 million, up 277.14% from the prior year.
- Change in Receivables declined to -$152.0 million in Q1 2026 per BAX's latest filing, from $88.0 million in the prior quarter.
- Over five years, Change in Receivables peaked at $129.0 million in Q3 2022 and troughed at -$153.0 million in Q1 2022.
- A 5-year average of $5.9 million and a median of $21.0 million in 2024 frame the typical range for Change in Receivables.
- The sharpest annual moves came in 2023 and 2026: Change in Receivables surged 446.15% in 2023, then plunged 484.62% in 2026.
- A 5-year view of Change in Receivables shows it stood at -$26.0 million in 2022, then surged by 446.15% to $90.0 million in 2023, then slumped by 80.0% to $18.0 million in 2024, then jumped by 388.89% to $88.0 million in 2025, then slumped by 272.73% to -$152.0 million in 2026.
- Business Quant data shows BAX's Change in Receivables at -$152.0 million in Q1 2026, $88.0 million in Q4 2025, and $4.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | -25.10 Mn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | - |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 146.00 Mn |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 16.86 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 | 34.00 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 | 40.99 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | -152.00 Mn |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 33.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -152.00 Mn |
| Mar 31, 2026 | -152.00 Mn |
| Dec 31, 2025 | 88.00 Mn |
| Dec 31, 2025 | 88.00 Mn |
| Sep 30, 2025 | 4.00 Mn |
| Sep 30, 2025 | 4.00 Mn |
| Jun 30, 2025 | 66.00 Mn |
| Jun 30, 2025 | 66.00 Mn |
| Mar 31, 2025 | -26.00 Mn |
| Mar 31, 2025 | -26.00 Mn |
| Dec 31, 2024 | 18.00 Mn |
| Dec 31, 2024 | 18.00 Mn |
| Sep 30, 2024 | 21.00 Mn |
| Sep 30, 2024 | 21.00 Mn |
| Jun 30, 2024 | 121.00 Mn |
| Jun 30, 2024 | 121.00 Mn |
| Mar 31, 2024 | -125.00 Mn |
| Mar 31, 2024 | -125.00 Mn |
| Dec 31, 2023 | 90.00 Mn |
| Dec 31, 2023 | 90.00 Mn |