Baxter International (BAX) Net Income (2009 - 2026)
Baxter International (BAX) posted quarterly Net Income of -$9.0 million for Q2 2026, up 70.97% year-over-year from -$5.3 million in Q2 2025, and down 550.0% quarter-over-quarter from $2.0 million in Q1 2026.
Baxter International (BAX) Net Income (2009 - 2026) Analysis & Trends
Baxter International (BAX) has reported Net Income for 18 consecutive years, with -$9.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Income rose 70.97% year-over-year to -$9.0 million; the TTM figure through Jun 2026 stood at -$95.0 million (down 203.26% YoY), while the FY2025 annual figure was -$57.0 million, up 81.73% from the prior year.
- Net Income fell to -$9.0 million in Q2 2026 per BAX's latest filing, from $2.0 million in the prior quarter.
- Across five years, Net Income topped out at $2.5 billion in Q3 2023 and bottomed at -$406.0 million in Q2 2024.
- Historically, Net Income has averaged $129.9 million across 5 years, with a median of $30.0 million in 2023.
- Annual changes were most pronounced in 2023 — Net Income soared 4240.35% — and 2025, when it plunged 322.73%.
- Baxter International's Net Income stood at $41.0 million in 2022, then plunged by 34.15% to $27.0 million in 2023, then slumped by 181.48% to -$22.0 million in 2024, then tumbled by 322.73% to -$93.0 million in 2025, then jumped by 90.32% to -$9.0 million in 2026.
- Business Quant data shows BAX's Net Income at -$9.0 million in Q2 2026, $2.0 million in Q1 2026, and -$93.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | 823.20 Mn |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | 378.00 Mn |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | - |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | 383.43 Mn |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | 139.00 Mn |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 147.90 Mn |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | 93.00 Mn |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | -77.90 Mn |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | 126.00 Mn |
| 10 | Align Technology | 11.61 Bn | 10.51 Bn | 757.43 Mn | 108.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -9.00 Mn |
| Mar 31, 2026 | 2.00 Mn |
| Dec 31, 2025 | -93.00 Mn |
| Sep 30, 2025 | 5.00 Mn |
| Jun 30, 2025 | -31.00 Mn |
| Mar 31, 2025 | 62.00 Mn |
| Dec 31, 2024 | -22.00 Mn |
| Sep 30, 2024 | 83.00 Mn |
| Jun 30, 2024 | -406.00 Mn |
| Mar 31, 2024 | 33.00 Mn |
| Dec 31, 2023 | 27.00 Mn |
| Sep 30, 2023 | 2.47 Bn |
| Jun 30, 2023 | -112.00 Mn |
| Mar 31, 2023 | 93.00 Mn |
| Dec 31, 2022 | 41.00 Mn |
| Sep 30, 2022 | 57.00 Mn |
| Jun 30, 2022 | 70.00 Mn |
| Mar 31, 2022 | 65.00 Mn |
| Dec 31, 2021 | -20.00 Mn |
| Sep 30, 2021 | 452.00 Mn |