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| 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 |