Baxter International (BAX) Cost of Revenue (2009 - 2026)
Baxter International (BAX) reported Cost of Revenue of $1.8 billion for Q1 2026, up 2.61% year-over-year from $1.8 billion in Q1 2025, and up 2.61% quarter-over-quarter from $1.8 billion in Q1 2025.
Baxter International (BAX) Cost of Revenue (2009 - 2026) Analysis & Trends
Baxter International (BAX) has 18 years of Cost of Revenue data on file, last reported at $1.8 billion in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $1.8 billion, up 2.61% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.0 billion (up 2.13% YoY), and the FY2025 annual result was $7.9 billion, up 18.24% from the prior year.
- Cost of Revenue advanced to $1.8 billion in Q1 2026 per BAX's latest filing, from $1.8 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $2.6 billion in Q2 2023 and troughed at -$1.2 billion in Q4 2023.
- A 5-year average of $1.7 billion and a median of $2.0 billion in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue tumbled 131.0% in 2022, then soared 247.65% in 2024.
- A 5-year view of Cost of Revenue shows it stood at -$575.0 million in 2022, then sank by 111.3% to -$1.2 billion in 2023, then soared by 247.65% to $1.8 billion in 2024, then declined by 1.67% to $1.8 billion in 2025, then increased by 2.61% to $1.8 billion in 2026.
- Business Quant data shows BAX's Cost of Revenue at $1.8 billion in Q1 2026, $1.8 billion in Q1 2025, and $1.8 billion in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 940.30 Mn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 2.56 Bn |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 5.51 Bn |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 540.43 Mn |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 548.50 Mn |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 64.00 Mn |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 346.10 Mn |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 303.50 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 1.81 Bn |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 630.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.81 Bn |
| Mar 31, 2026 | 1.81 Bn |
| Mar 31, 2025 | 1.76 Bn |
| Mar 31, 2025 | 1.76 Bn |
| Dec 31, 2024 | 1.79 Bn |
| Dec 31, 2024 | 1.79 Bn |
| Sep 30, 2024 | 1.67 Bn |
| Sep 30, 2024 | 1.67 Bn |
| Jun 30, 2024 | 1.66 Bn |
| Jun 30, 2024 | 1.66 Bn |
| Mar 31, 2024 | 2.21 Bn |
| Mar 31, 2024 | 2.21 Bn |
| Dec 31, 2023 | -1.22 Bn |
| Dec 31, 2023 | -1.22 Bn |
| Sep 30, 2023 | 2.59 Bn |
| Sep 30, 2023 | 2.59 Bn |
| Jun 30, 2023 | 2.60 Bn |
| Jun 30, 2023 | 2.60 Bn |
| Mar 31, 2023 | 2.24 Bn |
| Mar 31, 2023 | 2.24 Bn |