Baxter International (BAX) Operating Income (2009 - 2026)

Baxter International's (BAX) quarterly Operating Income came in at $66.0 million in Q1 2026, up 13.79% year-on-year from $58.0 million in Q1 2025, and up 13.79% on a QoQ basis from $58.0 million in Q1 2025.

Baxter International (BAX) Operating Income (2009 - 2026) Analysis & Trends

Baxter International (BAX) has 18 years of Operating Income data on file, last reported at $66.0 million in Q1 2026.

  • On a quarterly basis, Operating Income rose 13.79% year-over-year to $66.0 million in Q1 2026; TTM through Mar 2026 was $2.1 billion, a 31.32% decrease from a year earlier, with the FY2025 full-year figure at -$308.0 million, down 2300.0% from the prior year.
  • Operating Income for Q1 2026 stood at $66.0 million, up from $58.0 million in the prior quarter.
  • Over the last five years, Operating Income for BAX reached as high as $1.0 billion in Q3 2024 and fell as low as -$2.9 billion in Q3 2022.
  • Historically, Operating Income has averaged $91.1 million across 5 years, with a median of $146.0 million in 2022.
  • Across the five-year window, Operating Income tumbled 1456.52% in 2022 and soared 6164.71% in 2024, its largest moves.
  • Year by year, Operating Income stood at -$312.0 million in 2022, then soared by 307.05% to $646.0 million in 2023, then surged by 48.45% to $959.0 million in 2024, then tumbled by 93.95% to $58.0 million in 2025, then increased by 13.79% to $66.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were $66.0 million in Q1 2026, $58.0 million in Q1 2025, and $959.0 million in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Alcon 33,163,703.85 Bn 33,163,702.19 Bn 1.53 Bn 2.65 Bn
2 Intuitive Surgical 119.67 Bn 114.45 Bn 1.96 Bn 971.90 Mn
3 Becton Dickinson 43.92 Bn 43.11 Bn 2.15 Bn 93.00 Mn
4 Medline 31.71 Bn 29.47 Bn 1.84 Bn 422.00 Mn
5 Resmed 28.46 Bn 26.80 Bn 890.98 Mn 499.81 Mn
6 West Pharmaceutical Services 23.80 Bn 23.28 Bn 296.40 Mn 177.10 Mn
7 Cooper Companies 13.77 Bn 13.63 Bn 735.40 Mn -31.00 Mn
8 Solventum 13.63 Bn 13.06 Bn 1.10 Bn 81.00 Mn
9 Align Technology 11.94 Bn 10.88 Bn 736.59 Mn 141.96 Mn
10 Baxter International 11.56 Bn 9.54 Bn 891.00 Mn 66.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 66.00 Mn
Mar 31, 2025 58.00 Mn
Dec 31, 2024 959.00 Mn
Sep 30, 2024 1.03 Bn
Jun 30, 2024 1.03 Bn
Mar 31, 2024 187.00 Mn
Dec 31, 2023 646.00 Mn
Sep 30, 2023 -51.00 Mn
Jun 30, 2023 -17.00 Mn
Mar 31, 2023 129.00 Mn
Dec 31, 2022 -312.00 Mn
Sep 30, 2022 -2.88 Bn
Jun 30, 2022 264.00 Mn
Mar 31, 2022 163.00 Mn
Dec 31, 2021 23.00 Mn
Sep 30, 2021 513.00 Mn
Jun 30, 2021 424.00 Mn
Mar 31, 2021 390.00 Mn
Dec 31, 2020 406.00 Mn
Sep 30, 2020 470.00 Mn