Baxter International (BAX) Interest Expenses (2009 - 2026)
Baxter International (BAX) posted quarterly Interest Expenses of -$39.0 million for Q2 2026, down 2.63% year-over-year from -$40.1 million in Q2 2025, and down 50.0% quarter-over-quarter from -$26.0 million in Q1 2026.
Baxter International (BAX) Interest Expenses (2009 - 2026) Analysis & Trends
Baxter International (BAX) has reported Interest Expenses for 18 consecutive years, with -$39.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Expenses fell 2.63% year-over-year to -$39.0 million; the TTM figure through Jun 2026 stood at $277.0 million (down 31.6% YoY), while the FY2025 annual figure was $543.0 million, up 1.31% from the prior year.
- Interest Expenses declined to -$39.0 million in Q2 2026 per BAX's latest filing, from -$26.0 million in the prior quarter.
- Across five years, Interest Expenses topped out at $550.0 million in Q4 2023 and bottomed at -$39.0 million in Q2 2026.
- Historically, Interest Expenses has averaged $112.9 million across 5 years, with a median of $90.5 million in 2022.
- Annual changes were most pronounced in 2023 — Interest Expenses soared 313.53% — and 2025, when it slumped 120.39%.
- Baxter International's Interest Expenses stood at $133.0 million in 2022, then jumped by 313.53% to $550.0 million in 2023, then fell by 13.09% to $478.0 million in 2024, then fell by 20.5% to $380.0 million in 2025, then slumped by 110.26% to -$39.0 million in 2026.
- Business Quant data shows BAX's Interest Expenses at -$39.0 million in Q2 2026, -$26.0 million in Q1 2026, and $380.0 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | - |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | 132.00 Mn |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | 53.00 Mn |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | - |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | - |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 2.60 Mn |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | - |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | 20.90 Mn |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | - |
| 10 | Align Technology | 11.61 Bn | 10.51 Bn | 757.43 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -39.00 Mn |
| Jun 30, 2026 | -39.00 Mn |
| Mar 31, 2026 | -12.00 Mn |
| Mar 31, 2026 | -12.00 Mn |
| Dec 31, 2025 | 331.00 Mn |
| Dec 31, 2025 | 331.00 Mn |
| Sep 30, 2025 | -10.00 Mn |
| Sep 30, 2025 | -10.00 Mn |
| Jun 30, 2025 | -14.00 Mn |
| Jun 30, 2025 | -14.00 Mn |
| Mar 31, 2025 | -17.00 Mn |
| Mar 31, 2025 | -17.00 Mn |
| Dec 31, 2024 | 465.00 Mn |
| Dec 31, 2024 | 465.00 Mn |
| Sep 30, 2024 | -14.00 Mn |
| Sep 30, 2024 | -14.00 Mn |
| Jun 30, 2024 | -18.00 Mn |
| Jun 30, 2024 | -18.00 Mn |
| Mar 31, 2024 | 103.00 Mn |
| Mar 31, 2024 | 103.00 Mn |