Baxter International (BAX) Deferred Taxes (2009 - 2026)
Baxter International (BAX) reported Deferred Taxes of $29.0 million for Q1 2026, up 120.42% year-over-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) has 18 years of Deferred Taxes data on file, last reported at $29.0 million in Q1 2026.
- Quarterly Deferred Taxes rose 120.42% year-over-year to $29.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $248.0 million (up 171.68% YoY) and the FY2025 annual result came in at $77.0 million, up 129.39% from the prior year.
- Deferred Taxes eased to $29.0 million in Q1 2026 per BAX's latest filing, from $192.0 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.
- The 5-year median for Deferred Taxes is -$55.0 million (2022), against an average of -$39.5 million.
- The widest annual swing landed in 2024, when Deferred Taxes plunged 641.18%; it then soared 252.38% in 2025.
- Tracing BAX's Deferred Taxes over 5 years: stood at -$71.0 million in 2022, then soared by 76.06% to -$17.0 million in 2023, then sank by 641.18% to -$126.0 million in 2024, then soared by 252.38% to $192.0 million in 2025, then sank by 84.9% to $29.0 million in 2026.
- Per Business Quant, the three latest BAX Deferred Taxes figures stand at $29.0 million (Q1 2026), $192.0 million (Q4 2025), and $50.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | -339.30 Mn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | -73.00 Mn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | - |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | - |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | -41.00 Mn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 43.60 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 40.64 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 29.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | -4.57 Mn |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | -7.70 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 |
| Mar 31, 2021 | -25.00 Mn |
| Dec 31, 2020 | -43.00 Mn |
| Sep 30, 2020 | -22.00 Mn |
| Jun 30, 2020 | -6.00 Mn |
| Mar 31, 2020 | -17.00 Mn |
| Dec 31, 2019 | -265.00 Mn |
| Sep 30, 2019 | 18.00 Mn |
| Jun 30, 2019 | -57.00 Mn |
| Mar 31, 2019 | -6.00 Mn |
| Dec 31, 2018 | 28.00 Mn |
| Sep 30, 2018 | -240.00 Mn |
| Jun 30, 2018 | -13.00 Mn |
| Mar 31, 2018 | -38.00 Mn |
| Dec 31, 2017 | 241.00 Mn |
| Sep 30, 2017 | -10.00 Mn |
| Jun 30, 2017 | -29.00 Mn |
| Mar 31, 2017 | 9.00 Mn |
| Dec 31, 2016 | -4.00 Mn |
| Sep 30, 2016 | -151.00 Mn |
| Jun 30, 2016 | -76.00 Mn |
| Mar 31, 2016 | -71.00 Mn |
| Dec 31, 2015 | -113.00 Mn |
| Sep 30, 2015 | 12.00 Mn |
| Jun 30, 2015 | 3.00 Mn |
| Mar 31, 2015 | 48.00 Mn |
| Dec 31, 2014 | -182.00 Mn |
| Sep 30, 2014 | 96.00 Mn |
| Jun 30, 2014 | -14.00 Mn |
| Mar 31, 2014 | -17.00 Mn |
| Dec 31, 2013 | -270.00 Mn |
| Sep 30, 2013 | 148.00 Mn |
| Jun 30, 2013 | -101.00 Mn |
| Mar 31, 2013 | 38.00 Mn |
| Dec 31, 2012 | -85.00 Mn |
| Sep 30, 2012 | 78.00 Mn |
| Jun 30, 2012 | 65.00 Mn |
| Mar 31, 2012 | 54.00 Mn |
| Dec 31, 2011 | -63.00 Mn |
| Sep 30, 2011 | 58.00 Mn |
| Jun 30, 2011 | 69.00 Mn |
| Mar 31, 2011 | 91.00 Mn |
| Dec 31, 2010 | 9.00 Mn |
| Sep 30, 2010 | 49.00 Mn |
| Jun 30, 2010 | 29.00 Mn |
| Mar 31, 2010 | 91.00 Mn |
| Dec 31, 2009 | 79.00 Mn |
| Sep 30, 2009 | 53.00 Mn |
| Jun 30, 2009 | 76.00 Mn |
| Mar 31, 2009 | 59.00 Mn |