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| Date | Value |
|---|---|
| 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 |