Baxter International (BAX) Inventory (2009 - 2026)
Baxter International (BAX) posted quarterly Inventory of $2.3 billion for Q2 2026, down 5.24% year-over-year from $2.4 billion in Q2 2025, and down 2.46% quarter-over-quarter from $2.3 billion in Q1 2026.
Baxter International (BAX) Inventory (2009 - 2026) Analysis & Trends
Baxter International (BAX) has reported Inventory for 18 consecutive years, with $2.3 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Inventory fell 5.24% year-over-year to $2.3 billion; the TTM figure through Jun 2026 stood at $2.3 billion (down 5.24% YoY), while the FY2025 annual figure was $2.2 billion, up 9.09% from the prior year.
- Inventory slipped to $2.3 billion in Q2 2026 per BAX's latest filing, from $2.3 billion in the prior quarter.
- Across five years, Inventory topped out at $3.0 billion in Q1 2024 and bottomed at $1.9 billion in Q4 2023.
- Historically, Inventory has averaged $2.5 billion across 5 years, with a median of $2.5 billion in 2022.
- Annual changes were most pronounced in 2022 — Inventory jumped 32.1% — and 2023, when it retreated 28.41%.
- Baxter International's Inventory stood at $2.7 billion in 2022, then declined by 28.41% to $1.9 billion in 2023, then rose by 6.67% to $2.0 billion in 2024, then increased by 9.09% to $2.2 billion in 2025, then gained by 1.21% to $2.3 billion in 2026.
- Business Quant data shows BAX's Inventory at $2.3 billion in Q2 2026, $2.3 billion in Q1 2026, and $2.2 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | 2.03 Bn |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 3.32 Bn |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | 2.51 Bn |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | 945.81 Mn |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 4.67 Bn |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 447.40 Mn |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | 1.04 Bn |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | 896.40 Mn |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 2.26 Bn |
| 10 | Align Technology | 11.37 Bn | 10.27 Bn | 757.43 Mn | 212.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.26 Bn |
| Mar 31, 2026 | 2.32 Bn |
| Dec 31, 2025 | 2.23 Bn |
| Sep 30, 2025 | 2.46 Bn |
| Jun 30, 2025 | 2.38 Bn |
| Mar 31, 2025 | 2.17 Bn |
| Dec 31, 2024 | 2.05 Bn |
| Sep 30, 2024 | 2.10 Bn |
| Jun 30, 2024 | 2.99 Bn |
| Mar 31, 2024 | 2.99 Bn |
| Dec 31, 2023 | 1.92 Bn |
| Sep 30, 2023 | 2.87 Bn |
| Jun 30, 2023 | 2.90 Bn |
| Mar 31, 2023 | 2.92 Bn |
| Dec 31, 2022 | 2.68 Bn |
| Sep 30, 2022 | 2.68 Bn |
| Jun 30, 2022 | 2.66 Bn |
| Mar 31, 2022 | 2.55 Bn |
| Dec 31, 2021 | 2.45 Bn |
| Sep 30, 2021 | 2.03 Bn |