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

Baxter International's (BAX) quarterly Tax Provisions came in at $11.0 million in Q1 2026, up 116.42% year-on-year from $5.1 million in Q1 2025, and up 116.42% on a QoQ basis 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.

  • On a quarterly basis, Tax Provisions rose 116.42% year-over-year to $11.0 million in Q1 2026; TTM through Mar 2026 was $281.0 million, a 497.87% increase from a year earlier, with the FY2025 full-year figure at $395.0 million, up 967.57% from the prior year.
  • Tax Provisions for Q1 2026 stood at $11.0 million, up from -$67.0 million in the prior quarter.
  • Over the last five years, Tax Provisions for BAX reached as high as $260.0 million in Q4 2023 and fell as low as -$223.0 million in Q3 2023.
  • Historically, Tax Provisions has averaged -$3.5 million across 5 years, with a median of $11.0 million in 2026.
  • Across the five-year window, Tax Provisions sank 5300.0% in 2022 and soared 450.0% in 2024, its largest moves.
  • Year by year, Tax Provisions stood at -$121.0 million in 2022, then jumped by 314.88% to $260.0 million in 2023, then tumbled by 70.38% to $77.0 million in 2024, then plunged by 187.01% to -$67.0 million in 2025, then jumped by 116.42% to $11.0 million in 2026.
  • Per Business Quant data, the three most recent Tax Provisions figures were $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 Alcon 33,163,703.85 Bn 33,163,702.19 Bn 1.53 Bn -
2 Intuitive Surgical 119.67 Bn 114.45 Bn 1.96 Bn 231.40 Mn
3 Becton Dickinson 43.92 Bn 43.11 Bn 2.15 Bn 76.00 Mn
4 Medline 31.71 Bn 29.47 Bn 1.84 Bn 52.00 Mn
5 Resmed 28.46 Bn 26.80 Bn 890.98 Mn 103.58 Mn
6 West Pharmaceutical Services 23.80 Bn 23.28 Bn 296.40 Mn 44.70 Mn
7 Cooper Companies 13.77 Bn 13.63 Bn 735.40 Mn 29.50 Mn
8 Solventum 13.63 Bn 13.06 Bn 1.10 Bn 3.00 Mn
9 Align Technology 11.94 Bn 10.88 Bn 736.59 Mn 36.12 Mn
10 Baxter International 11.56 Bn 9.54 Bn 891.00 Mn 11.00 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