Baxter International (BAX) Deferred Taxes (2009 - 2026)

Baxter International's (BAX) quarterly Deferred Taxes came in at $29.0 million in Q1 2026, up 120.42% year-on-year from $13.2 million in Q1 2025, and down 84.9% on a QoQ basis from $192.0 million in Q4 2025.

Baxter International (BAX) Deferred Taxes (2009 - 2026) Analysis & Trends

Baxter International (BAX) has 18 years of Deferred Taxes data on file, last reported at $29.0 million in Q1 2026.

  • On a quarterly basis, Deferred Taxes rose 120.42% year-over-year to $29.0 million in Q1 2026; TTM through Mar 2026 was $248.0 million, a 171.68% increase from a year earlier, with the FY2025 full-year figure at $77.0 million, up 129.39% from the prior year.
  • Deferred Taxes for Q1 2026 stood at $29.0 million, down from $192.0 million in the prior quarter.
  • Over the last five years, Deferred Taxes for BAX reached as high as $192.0 million in Q4 2025 and fell as low as -$142.0 million in Q1 2025.
  • Historically, Deferred Taxes has averaged -$39.5 million across 5 years, with a median of -$55.0 million in 2022.
  • Across the five-year window, Deferred Taxes plunged 641.18% in 2024 and soared 252.38% in 2025, its largest moves.
  • Year by year, Deferred Taxes stood at -$71.0 million in 2022, then surged by 76.06% to -$17.0 million in 2023, then plunged by 641.18% to -$126.0 million in 2024, then surged by 252.38% to $192.0 million in 2025, then plunged by 84.9% to $29.0 million in 2026.
  • Per Business Quant data, the three most recent Deferred Taxes figures were $29.0 million in Q1 2026, $192.0 million in Q4 2025, and $50.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn -
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn -31.00 Mn
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn -73.00 Mn
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn 37.00 Mn
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn -
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn -
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn 43.50 Mn
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn -41.00 Mn
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn 40.64 Mn
10 Baxter International 11.17 Bn 9.12 Bn 891.00 Mn 29.00 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -11.00 Mn