Baxter International (BAX) Tax Provisions (2009 - 2026)

Baxter International (BAX) reported Tax Provisions of $11.0 million for Q1 2026, up 116.42% year-over-year from $5.1 million in Q1 2025, and up 116.42% quarter-over-quarter from -$67.0 million in Q1 2025.

Baxter International (BAX) Tax Provisions (2009 - 2026) Analysis & Trends

Baxter International (BAX) has 18 years of Tax Provisions data on file, last reported at $11.0 million in Q1 2026.

  • Tax Provisions for Q1 2026 came in at $11.0 million, up 116.42% year-over-year; the trailing twelve-month figure through Mar 2026 was $281.0 million (up 497.87% YoY), and the FY2025 annual result was $395.0 million, up 967.57% from the prior year.
  • Tax Provisions grew to $11.0 million in Q1 2026 per BAX's latest filing, from -$67.0 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $260.0 million in Q4 2023 and troughed at -$223.0 million in Q3 2023.
  • A 5-year average of -$3.5 million and a median of $11.0 million in 2026 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2022 and 2024: Tax Provisions tumbled 5300.0% in 2022, then surged 450.0% in 2024.
  • A 5-year view of Tax Provisions shows it stood at -$121.0 million in 2022, then jumped by 314.88% to $260.0 million in 2023, then slumped by 70.38% to $77.0 million in 2024, then tumbled by 187.01% to -$67.0 million in 2025, then jumped by 116.42% to $11.0 million in 2026.
  • Business Quant data shows BAX's Tax Provisions at $11.0 million in Q1 2026, -$67.0 million in Q1 2025, and $77.0 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 114.40 Mn
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 76.00 Mn
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 52.00 Mn
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 103.58 Mn
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 44.70 Mn
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 3.00 Mn
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn 29.50 Mn
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 36.12 Mn
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 11.00 Mn
10 Aptargroup 7.72 Bn 7.52 Bn 351.91 Mn 21.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.00 Mn
Mar 31, 2025 -67.00 Mn
Mar 31, 2024 77.00 Mn
Dec 31, 2023 260.00 Mn
Sep 30, 2023 -223.00 Mn
Jun 30, 2023 10.00 Mn
Mar 31, 2023 14.00 Mn
Dec 31, 2022 -121.00 Mn
Sep 30, 2022 -54.00 Mn
Jun 30, 2022 34.00 Mn
Mar 31, 2022 21.00 Mn
Dec 31, 2021 -58.00 Mn
Sep 30, 2021 -1.00 Mn
Jun 30, 2021 91.00 Mn
Mar 31, 2021 51.00 Mn
Dec 31, 2020 39.00 Mn
Sep 30, 2020 56.00 Mn
Jun 30, 2020 42.00 Mn
Mar 31, 2020 45.00 Mn
Dec 31, 2019 -204.00 Mn