Baxter International (BAX) Net Cash Flow (2009 - 2026)
Baxter International (BAX) reported Net Cash Flow of $69.0 million for Q1 2026, up 144.81% year-over-year from $28.2 million in Q1 2025, and down 71.13% on a QoQ basis from $239.0 million in Q4 2025.
Baxter International (BAX) has 18 years of Net Cash Flow data on file, last reported at $69.0 million in Q1 2026.
- Quarterly Net Cash Flow rose 144.81% year-over-year to $69.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$307.0 million (up 52.99% YoY) and the FY2025 annual result came in at -$530.0 million, up 21.13% from the prior year.
- Net Cash Flow retreated to $69.0 million in Q1 2026 per BAX's latest filing, from $239.0 million in the prior quarter.
- Across five years, Net Cash Flow topped out at $4.1 billion in Q3 2023 and bottomed at -$4.0 billion in Q2 2025.
- The 5-year median for Net Cash Flow is -$154.0 million (2025), against an average of -$89.6 million.
- The widest annual swing landed in 2024, when Net Cash Flow slumped 12787.5%; it then surged 4418.42% in 2025.
- Tracing BAX's Net Cash Flow over 5 years: stood at -$619.0 million in 2022, then tumbled by 325.53% to -$2.6 billion in 2023, then surged by 116.7% to $440.0 million in 2024, then slumped by 45.68% to $239.0 million in 2025, then slumped by 71.13% to $69.0 million in 2026.
- Per Business Quant, the three latest BAX Net Cash Flow figures stand at $69.0 million (Q1 2026), $239.0 million (Q4 2025), and $3.4 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | -1.36 Bn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 118.00 Mn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 240.86 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | -261.50 Mn |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | -316.00 Mn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 10.10 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | -28.67 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 69.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | -176.75 Mn |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 18.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 69.00 Mn |
| Mar 31, 2026 | 69.00 Mn |
| Dec 31, 2025 | 239.00 Mn |
| Dec 31, 2025 | 239.00 Mn |
| Sep 30, 2025 | 3.43 Bn |
| Sep 30, 2025 | 3.43 Bn |
| Jun 30, 2025 | -4.05 Bn |
| Jun 30, 2025 | -4.05 Bn |
| Mar 31, 2025 | -154.00 Mn |
| Mar 31, 2025 | -154.00 Mn |
| Dec 31, 2024 | 440.00 Mn |
| Dec 31, 2024 | 440.00 Mn |
| Sep 30, 2024 | 76.00 Mn |
| Sep 30, 2024 | 76.00 Mn |
| Jun 30, 2024 | -1.02 Bn |
| Jun 30, 2024 | -1.02 Bn |
| Mar 31, 2024 | -173.00 Mn |
| Mar 31, 2024 | -173.00 Mn |
| Dec 31, 2023 | -2.63 Bn |
| Dec 31, 2023 | -2.63 Bn |
| Sep 30, 2023 | 4.14 Bn |
| Sep 30, 2023 | 4.14 Bn |
| Jun 30, 2023 | 8.00 Mn |
| Jun 30, 2023 | 8.00 Mn |
| Mar 31, 2023 | -63.00 Mn |
| Mar 31, 2023 | -63.00 Mn |
| Dec 31, 2022 | -619.00 Mn |
| Dec 31, 2022 | -619.00 Mn |
| Sep 30, 2022 | -196.00 Mn |
| Sep 30, 2022 | -196.00 Mn |
| Jun 30, 2022 | -382.00 Mn |
| Jun 30, 2022 | -382.00 Mn |
| Mar 31, 2022 | -644.00 Mn |
| Mar 31, 2022 | -644.00 Mn |
| Dec 31, 2021 | -298.00 Mn |
| Dec 31, 2021 | -298.00 Mn |
| Sep 30, 2021 | 144.00 Mn |
| Sep 30, 2021 | 144.00 Mn |
| Jun 30, 2021 | -60.00 Mn |
| Jun 30, 2021 | -60.00 Mn |
| Mar 31, 2021 | -519.00 Mn |
| Mar 31, 2021 | -519.00 Mn |
| Dec 31, 2020 | -693.00 Mn |
| Dec 31, 2020 | -693.00 Mn |
| Sep 30, 2020 | 240.00 Mn |
| Sep 30, 2020 | 240.00 Mn |
| Jun 30, 2020 | -39.00 Mn |
| Jun 30, 2020 | -39.00 Mn |
| Mar 31, 2020 | 838.00 Mn |
| Mar 31, 2020 | 838.00 Mn |
| Dec 31, 2019 | 292.00 Mn |
| Dec 31, 2019 | 292.00 Mn |
| Sep 30, 2019 | 122.00 Mn |
| Sep 30, 2019 | 122.00 Mn |
| Jun 30, 2019 | 1.02 Bn |
| Jun 30, 2019 | 1.02 Bn |
| Mar 31, 2019 | 71.00 Mn |
| Mar 31, 2019 | 71.00 Mn |
| Dec 31, 2018 | -1.02 Bn |
| Dec 31, 2018 | -1.02 Bn |
| Sep 30, 2018 | 20.00 Mn |
| Sep 30, 2018 | 20.00 Mn |
| Jun 30, 2018 | -21.00 Mn |
| Jun 30, 2018 | -21.00 Mn |
| Mar 31, 2018 | -486.00 Mn |
| Mar 31, 2018 | -486.00 Mn |
| Dec 31, 2017 | -131.00 Mn |
| Dec 31, 2017 | -131.00 Mn |
| Sep 30, 2017 | -325.00 Mn |
| Sep 30, 2017 | -325.00 Mn |
| Jun 30, 2017 | 936.00 Mn |
| Jun 30, 2017 | 936.00 Mn |
| Mar 31, 2017 | 35.00 Mn |
| Mar 31, 2017 | 35.00 Mn |
| Dec 31, 2016 | 225.00 Mn |
| Dec 31, 2016 | 225.00 Mn |
| Sep 30, 2016 | -47.00 Mn |
| Sep 30, 2016 | -47.00 Mn |
| Jun 30, 2016 | 270.00 Mn |
| Jun 30, 2016 | 270.00 Mn |
| Mar 31, 2016 | 122.00 Mn |
| Mar 31, 2016 | 122.00 Mn |
| Dec 31, 2015 | 264.00 Mn |
| Dec 31, 2015 | 264.00 Mn |
| Sep 30, 2015 | -4.67 Bn |
| Sep 30, 2015 | -4.67 Bn |
| Jun 30, 2015 | 4.30 Bn |
| Jun 30, 2015 | 4.30 Bn |
| Mar 31, 2015 | -414.00 Mn |
| Mar 31, 2015 | -414.00 Mn |
| Dec 31, 2014 | -1.19 Bn |
| Dec 31, 2014 | -1.19 Bn |
| Sep 30, 2014 | 240.00 Mn |
| Sep 30, 2014 | 240.00 Mn |
| Jun 30, 2014 | -163.00 Mn |
| Jun 30, 2014 | -163.00 Mn |
| Mar 31, 2014 | -677.00 Mn |
| Mar 31, 2014 | -677.00 Mn |
| Dec 31, 2013 | 366.00 Mn |
| Dec 31, 2013 | 366.00 Mn |
| Sep 30, 2013 | -3.61 Bn |
| Sep 30, 2013 | -3.61 Bn |
| Jun 30, 2013 | 3.29 Bn |
| Jun 30, 2013 | 3.29 Bn |
| Mar 31, 2013 | -563.00 Mn |
| Mar 31, 2013 | -563.00 Mn |
| Dec 31, 2012 | 96.00 Mn |
| Dec 31, 2012 | 96.00 Mn |
| Sep 30, 2012 | 844.00 Mn |
| Sep 30, 2012 | 844.00 Mn |
| Jun 30, 2012 | 117.00 Mn |
| Jun 30, 2012 | 117.00 Mn |
| Mar 31, 2012 | -635.00 Mn |
| Mar 31, 2012 | -635.00 Mn |
| Dec 31, 2011 | 586.00 Mn |
| Dec 31, 2011 | 586.00 Mn |
| Sep 30, 2011 | 354.00 Mn |
| Sep 30, 2011 | 354.00 Mn |
| Jun 30, 2011 | -158.00 Mn |
| Jun 30, 2011 | -158.00 Mn |
| Mar 31, 2011 | -529.00 Mn |
| Mar 31, 2011 | -529.00 Mn |
| Dec 31, 2010 | -94.00 Mn |
| Dec 31, 2010 | -94.00 Mn |
| Sep 30, 2010 | 446.00 Mn |
| Sep 30, 2010 | 446.00 Mn |
| Jun 30, 2010 | -263.00 Mn |
| Jun 30, 2010 | -263.00 Mn |
| Mar 31, 2010 | -66.00 Mn |
| Mar 31, 2010 | -66.00 Mn |
| Dec 31, 2009 | 264.00 Mn |
| Dec 31, 2009 | 264.00 Mn |
| Sep 30, 2009 | 738.00 Mn |
| Sep 30, 2009 | 738.00 Mn |
| Jun 30, 2009 | 101.00 Mn |
| Jun 30, 2009 | 101.00 Mn |
| Mar 31, 2009 | -352.00 Mn |
| Mar 31, 2009 | -352.00 Mn |