Baxter International (BAX) Tax Provisions (2009 - 2026)
Baxter International (BAX) posted quarterly Tax Provisions of $23.0 million for Q2 2026, up 109.09% year-over-year from $11.0 million in Q2 2025, and up 109.09% quarter-over-quarter from $11.0 million in Q1 2026.
Baxter International (BAX) Tax Provisions (2009 - 2026) Analysis & Trends
Baxter International (BAX) has reported Tax Provisions for 18 consecutive years, with $23.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions rose 109.09% year-over-year to $23.0 million; the TTM figure through Jun 2026 stood at -$22.0 million (down 107.83% YoY), while the FY2025 annual figure was $395.0 million, up 967.57% from the prior year.
- Tax Provisions advanced to $23.0 million in Q2 2026 per BAX's latest filing, from $11.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $260.0 million in Q4 2023 and bottomed at -$223.0 million in Q3 2023.
- Historically, Tax Provisions has averaged -$307692.3 across 5 years, with a median of $11.0 million in 2025.
- Annual changes were most pronounced in 2022 — Tax Provisions tumbled 5300.0% — and 2024, when it surged 450.0%.
- Baxter International's Tax Provisions stood at -$121.0 million in 2022, then surged by 314.88% to $260.0 million in 2023, then tumbled by 70.38% to $77.0 million in 2024, then sank by 85.71% to $11.0 million in 2025, then jumped by 109.09% to $23.0 million in 2026.
- Business Quant data shows BAX's Tax Provisions at $23.0 million in Q2 2026, $11.0 million in Q1 2026, and $11.0 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | 231.40 Mn |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | 102.00 Mn |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | -46.00 Mn |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | 90.73 Mn |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | 96.00 Mn |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 32.20 Mn |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | 15.00 Mn |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | 29.50 Mn |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | 23.00 Mn |
| 10 | Align Technology | 11.61 Bn | 10.51 Bn | 757.43 Mn | 40.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.00 Mn |
| 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 |