Baxter International (BAX) Cost of Revenue (2009 - 2026)
Baxter International's (BAX) quarterly Cost of Revenue came in at $1.8 billion in Q1 2026, up 2.61% year-on-year from $1.8 billion in Q1 2025, and up 2.61% on a QoQ basis 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.
- On a quarterly basis, Cost of Revenue rose 2.61% year-over-year to $1.8 billion in Q1 2026; TTM through Mar 2026 was $7.0 billion, a 2.13% increase from a year earlier, with the FY2025 full-year figure at $7.9 billion, up 18.24% from the prior year.
- Cost of Revenue for Q1 2026 stood at $1.8 billion, up from $1.8 billion in the prior quarter.
- Over the last five years, Cost of Revenue for BAX reached as high as $2.6 billion in Q2 2023 and fell as low as -$1.2 billion in Q4 2023.
- Historically, Cost of Revenue has averaged $1.7 billion across 5 years, with a median of $2.0 billion in 2024.
- Across the five-year window, Cost of Revenue sank 131.0% in 2022 and jumped 247.65% in 2024, its largest moves.
- Year by year, Cost of Revenue stood at -$575.0 million in 2022, then slumped by 111.3% to -$1.2 billion in 2023, then soared by 247.65% to $1.8 billion in 2024, then decreased by 1.67% to $1.8 billion in 2025, then advanced by 2.61% to $1.8 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $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 | 126.32 Bn | 121.10 Bn | 1.96 Bn | 931.90 Mn |
| 2 | Becton Dickinson | 44.69 Bn | 43.88 Bn | 2.15 Bn | 2.56 Bn |
| 3 | Alcon | 32.80 Bn | 31.14 Bn | 1.53 Bn | 18.00 Mn |
| 4 | Medline | 32.72 Bn | 30.49 Bn | 1.84 Bn | 5.51 Bn |
| 5 | Resmed | 29.54 Bn | 27.88 Bn | 890.98 Mn | 532.58 Mn |
| 6 | West Pharmaceutical Services | 23.56 Bn | 23.13 Bn | 329.20 Mn | 543.10 Mn |
| 7 | Solventum | 14.00 Bn | 13.44 Bn | 1.10 Bn | 11.00 Mn |
| 8 | Cooper Companies | 13.75 Bn | 13.61 Bn | 735.40 Mn | 346.10 Mn |
| 9 | Align Technology | 12.03 Bn | 10.97 Bn | 736.59 Mn | 303.50 Mn |
| 10 | Baxter International | 12.00 Bn | 9.98 Bn | 891.00 Mn | 1.81 Bn |
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 |