Baxter International (BAX) Interest Expenses (2009 - 2026)

Baxter International's (BAX) quarterly Interest Expenses came in at -$12.0 million in Q1 2026, up 29.41% year-on-year from -$9.3 million in Q1 2025, and down 103.49% on a QoQ basis from $344.0 million in Q4 2025.

Baxter International (BAX) Interest Expenses (2009 - 2026) Analysis & Trends

Baxter International (BAX) has 18 years of Interest Expenses data on file, last reported at -$12.0 million in Q1 2026.

  • On a quarterly basis, Interest Expenses rose 29.41% year-over-year to -$12.0 million in Q1 2026; TTM through Mar 2026 was $308.0 million, a 25.96% decrease from a year earlier, with the FY2025 full-year figure at $543.0 million, up 1.31% from the prior year.
  • Interest Expenses for Q1 2026 stood at -$12.0 million, down from $344.0 million in the prior quarter.
  • Over the last five years, Interest Expenses for BAX reached as high as $550.0 million in Q4 2023 and fell as low as -$18.0 million in Q2 2024.
  • Historically, Interest Expenses has averaged $116.6 million across 5 years, with a median of $88.0 million in 2022.
  • Across the five-year window, Interest Expenses surged 746.15% in 2023 and sank 116.5% in 2025, its largest moves.
  • Year by year, Interest Expenses stood at $65.0 million in 2022, then jumped by 746.15% to $550.0 million in 2023, then dropped by 15.45% to $465.0 million in 2024, then decreased by 26.02% to $344.0 million in 2025, then plunged by 103.49% to -$12.0 million in 2026.
  • Per Business Quant data, the three most recent Interest Expenses figures were -$12.0 million in Q1 2026, $344.0 million in Q4 2025, and -$10.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn -52.00 Mn
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn 29.10 Mn
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn 149.00 Mn
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn 701.00 Mn
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn 6.53 Mn
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn 134.90 Mn
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn 161.60 Mn
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn 207.00 Mn
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn 10.50 Mn
10 Baxter International 11.17 Bn 9.12 Bn 891.00 Mn -12.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -12.00 Mn
Mar 31, 2026 -12.00 Mn
Dec 31, 2025 344.00 Mn
Dec 31, 2025 344.00 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
Dec 31, 2023 550.00 Mn
Dec 31, 2023 550.00 Mn