Baxter International (BAX) Deferred Taxes (2009 - 2026)
Baxter International (BAX) posted quarterly Deferred Taxes of -$34.0 million for Q2 2026, down 47.83% year-over-year from -$65.2 million in Q2 2025, and down 217.24% quarter-over-quarter from $29.0 million in Q1 2026.
Baxter International (BAX) Deferred Taxes (2009 - 2026) Analysis & Trends
Baxter International (BAX) has reported Deferred Taxes for 18 consecutive years, with -$34.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Deferred Taxes fell 47.83% year-over-year to -$34.0 million; the TTM figure through Jun 2026 stood at $237.0 million (up 170.75% YoY), while the FY2025 annual figure was $77.0 million, up 129.39% from the prior year.
- Deferred Taxes slipped to -$34.0 million in Q2 2026 per BAX's latest filing, from $29.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $192.0 million in Q4 2025 and bottomed at -$142.0 million in Q1 2025.
- Historically, Deferred Taxes has averaged -$39.2 million across 5 years, with a median of -$54.5 million in 2022.
- Annual changes were most pronounced in 2024 — Deferred Taxes slumped 641.18% — and 2025, when it surged 252.38%.
- Baxter International's Deferred Taxes stood at -$71.0 million in 2022, then soared by 76.06% to -$17.0 million in 2023, then plunged by 641.18% to -$126.0 million in 2024, then soared by 252.38% to $192.0 million in 2025, then sank by 117.71% to -$34.0 million in 2026.
- Business Quant data shows BAX's Deferred Taxes at -$34.0 million in Q2 2026, $29.0 million in Q1 2026, and $192.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.93 Bn | 129.72 Bn | 1.96 Bn | -31.00 Mn |
| 2 | Becton Dickinson | 52.43 Bn | 51.56 Bn | 2.32 Bn | -74.00 Mn |
| 3 | Alcon | 35.83 Bn | 34.48 Bn | 1.68 Bn | - |
| 4 | Resmed | 33.87 Bn | 32.40 Bn | 861.22 Mn | - |
| 5 | Medline | 28.86 Bn | 26.18 Bn | 2.22 Bn | 64.00 Mn |
| 6 | West Pharmaceutical Services | 25.04 Bn | 24.60 Bn | 329.20 Mn | - |
| 7 | Solventum | 15.34 Bn | 14.94 Bn | 1.29 Bn | -47.00 Mn |
| 8 | Cooper Companies | 14.89 Bn | 14.75 Bn | 735.40 Mn | 43.50 Mn |
| 9 | Baxter International | 13.65 Bn | 11.50 Bn | 1.03 Bn | -34.00 Mn |
| 10 | Align Technology | 11.41 Bn | 10.31 Bn | 757.43 Mn | -9.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -34.00 Mn |
| Mar 31, 2026 | 29.00 Mn |
| Dec 31, 2025 | 192.00 Mn |
| Sep 30, 2025 | 50.00 Mn |
| Jun 30, 2025 | -23.00 Mn |
| Mar 31, 2025 | -142.00 Mn |
| Dec 31, 2024 | -126.00 Mn |
| Sep 30, 2024 | -44.00 Mn |
| Jun 30, 2024 | -34.00 Mn |
| Mar 31, 2024 | -58.00 Mn |
| Dec 31, 2023 | -17.00 Mn |
| Sep 30, 2023 | -83.00 Mn |
| Jun 30, 2023 | -95.00 Mn |
| Mar 31, 2023 | -61.00 Mn |
| Dec 31, 2022 | -71.00 Mn |
| Sep 30, 2022 | -80.00 Mn |
| Jun 30, 2022 | -54.00 Mn |
| Mar 31, 2022 | -55.00 Mn |
| Dec 31, 2021 | -63.00 Mn |
| Sep 30, 2021 | -62.00 Mn |