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| Date | Value |
|---|---|
| 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 |