Baxter International Inc.
BAX Healthcare Medical Instruments & Supplies
Baxter International Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.2 billion, up 5.72% from fiscal 2024. In the quarter to June 2026, revenue grew 5.34%, EPS grew 33.3%, free cash flow grew 119.5% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for three consecutive years.
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Baxter International Inc. 10-K filed Feb 12, 2026
Red flags
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Impairment
Baxter International Inc. recorded a goodwill impairment of $485.0 million in fiscal 2025
What changed
Item 7, Management’s Discussion and Analysis, against the 10-K filed Feb 21, 2025: 73 added · 109 removed · 75 modified; 21 with only figures updated; 1 moved without change
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