Baxter International Inc.

BAXNYSEHealthcare● Active

$19.38

+$0.03(+0.16%)

Market Cap$10.0B

P/E Ratio—

52W High$32.04

52W Low$15.73

Avg Volume8.1M

Open$19.44

Beta0.64

Net Income Financials Revenue

Baxter International Inc. (BAX) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

BAX · net income · updated Jun 8, 2026

Core profitability metrics

BAX · net income · margin · TTM · CAGR

Net income was −$957.0M for FY2025 (fiscal year ending 2025-12-31), down 47.5% year-over-year. Net profit margin was -8.5%. Based on available data, Baxter International Inc. has been profitable since at least 2011.

FY2025 Net Income−$957.0M▼ -47.5% YoY

Trailing 12M (TTM)−$1.10Btrailing 4 quarters sum

Net Profit Margin-8.5%−$957.0M ÷ $11.24B

YoY Change-47.5%—

5-Year CAGRN/AN/A — contains loss years

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · BAX net income history · BAX profit margin

Annual net income data

BAX · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025Loss−$957.0M▼ 47.5%-8.5%$11.24B

FY2024Loss−$649.0M▼ 124.4%-6.1%$10.64B

FY2023$2.66B▲ +209.2%25.6%$10.36B

FY2022Loss−$2.43B▼ 289.5%-24.2%$10.06B

FY2021$1.28B▲ +16.5%10.6%$12.15B

Net income vs peers (Healthcare)

BAX vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Baxter International Inc.YOU

BAX

−$957.0M-47.5%-8.5%

Loss

Eli Lilly and Company

LLY

$20.64B+94.9%31.7%

77%

UnitedHealth Group Incorporated

Healthcare · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Baxter International Inc. (BAX) reported net income of −$957.0M for FY2025 (fiscal year ending 2025-12-31), down 47.5% year-over-year. The net profit margin was -8.5% — meaning the company kept $-0.09 of every dollar of revenue as profit.

Based on available data, Baxter International Inc. has been profitable since at least 2011. Net income reached a peak of $4.96B in FY2016. Data available for 15 fiscal years.

Baxter International Inc.'s net profit margin was -8.5% for FY2025, based on the latest annual results.

Investors sometimes search for "Baxter International Inc. net worth" — the company's market capitalization is a separate figure from BAX net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

BAX net income · 4 questions

Baxter International Inc. is not currently profitable on an annual basis. The company reported a net loss of $957.0M for FY2025.

is BAX profitabledoes BAX make a profitBAX profitabilityBAX profitable company

▸ Source: FMP /income-statement · GAAP · Baxter International Inc. · Baxter International Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026