Baxter International (BAX) Deferred Taxes (2009 - 2026)
Baxter International's (BAX) quarterly Deferred Taxes came in at -$34.0 million in 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.
Analysis
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.
- On a quarterly basis, Deferred Taxes fell 47.83% year-over-year to -$34.0 million in Q2 2026; TTM through Jun 2026 was $237.0 million, a 170.75% increase from a year earlier, with the FY2025 full-year figure at $77.0 million, up 129.39% from the prior year.
- Deferred Taxes was -$34.0 million for Q2 2026 at Baxter International, down from $29.0 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $192.0 million in Q4 2025 and troughed at -$142.0 million in Q1 2025.
- A 5-year average of -$39.2 million and a median of -$54.5 million in 2022 frame the typical range for Deferred Taxes.
- Across the five-year window, Deferred Taxes tumbled 641.18% in 2024 and jumped 252.38% in 2025, its largest moves.
- Over 5 years, Deferred Taxes stood at -$71.0 million in 2022, then jumped by 76.06% to -$17.0 million in 2023, then plunged by 641.18% to -$126.0 million in 2024, then jumped by 252.38% to $192.0 million in 2025, then sank by 117.71% to -$34.0 million in 2026.
- The last three Deferred Taxes figures came in at -$34.0 million (Q2 2026), $29.0 million (Q1 2026), and $192.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Becton Dickinson | 48.41 Bn | 47.55 Bn | 2.32 Bn | -74.00 Mn |
| 2 | Medline | 27.78 Bn | 25.10 Bn | 2.22 Bn | 64.00 Mn |
| 3 | West Pharmaceutical Services | 24.42 Bn | 23.98 Bn | 329.20 Mn | - |
| 4 | Baxter International | 12.49 Bn | 10.34 Bn | 1.03 Bn | -34.00 Mn |
| 5 | Stevanato Group S.p.A | 5.70 Bn | 5.59 Bn | 100.91 Mn | - |
| 6 | Acme United | 235.29 Mn | 230.25 Mn | 26.69 Mn | - |
| 7 | Rockwell Medical | 31.39 Mn | 6.60 Mn | 3.24 Mn | - |
| 8 | Retractable Technologies | 21.15 Mn | -18.72 Mn | 190,852.00 | - |
| 9 | United Health Products | 8.85 Mn | 8.82 Mn | - | - |
| 10 | Cuprina Holdings (Cayman) | 7.88 Mn | 4.76 Mn | - | - |
Historic Data
Download Data
Historic 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 |